07-17-2013 12:41 PM
Hey guys. So I am trying to get the limits up on a couple of my credit cards into the 10-15,000 range. I just got my Discover card from 2000 to 4500 a couple weeks ago. Today, I requested a Bank of America CLI of 2500 from a 700 limit and got it! Happy about it, but I feel I should have asked for more and could have got accepted for more with this inquiry if it turns out to be a hard pull. My question is, when is the next time I should hit the CLI button on the BoA card and for how much?
07-17-2013 12:46 PM
I would say after 6 months. I only had my BOA card for 6 months when I clicked the luv button. Current limit was 5k and asked for 10k. Approved instantly (I also wondered if I could have gotten more). Then was approved for a 2nd BOA card for 8k the next week. YMMV of course.
07-17-2013 12:48 PM
I have mine down on my spreadsheet as every 6 months.
I just got mine raised last month from $ 500 to $ 3,500, after having the account for 2 years. I think I had asked for $5,000. So if you shoot for the moon, they should counter instead of just denying outright. YMMV
And congrats on both CLI's!
07-17-2013 02:59 PM
I just created a spreadsheet on Excel. Nothing special, but I made sure it has all the necessary info. I add a new section and update it every month.
(I'm an accountant in real life, so spreadsheets are just what I do. I make a spreadsheet for EVERYthing! LOL)
07-17-2013 04:09 PM
lol Okay cool. Thanks a lot for the advice, I think I am going to start one on monthly expensives and important financial dates and goals.
07-17-2013 11:01 PM
nice same here i hit that luv button every 2 months its a soft pull anyways today my 6th statement cut hit that luv button and bam 14k to 17.5k 3rd increase with BOFA just last month i was decline for increase I ask for 25k and it was HP today was soft pull and was instant
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