Credit Cards

[ksiss]

I just got my worldpoints platinum plus visa from BOA yesterday, and upon activating it I applied for a CLI on their site.  The card orginally had a $5000 CL, however I wanted to take advantage of the 0% Intro APR and buy a new HDTV without bumping my utilization too much.  So considering I have a $8000 CL with my USAA platinum rewards card, I decided to see if I can match that with BOA.  Upon applying yesterday, it told me to expect the increase in my account within 24 hours otherwise I'd get a response explaining why I was rejected within a week or two.  So I checked my account just a few minutes ago, and voila.......CL = $8000. 

Now I'm wondering if I should've been a little greedier and went for the big $10000.  Oh well......I'll just find solace in the fact that just a little over a year ago I was approved for my first CC.  A Cap1 with a CL of $500 and a 20% APR.

[bren39]

Way out kool! Feels good doesnt it?

[netpanther]

kewlness. don't be greedy. you are in a good place now.

[ashabbir1]

lol you got a 3000 dollar CLI and I am trying to get limit increase on my BOA secured card by adding more deposit and they declined me

[OBXFrank]

To asha-

BofA will reward 'good behavior' with increases, as long as you pay on time and don't go over your limit.  My initial secured was $500, six months later I got the secured part back, then they bumped me to $1000, and I'm now at $2000 (roughly 12-18 months progress).  So don't worry!  I've had good experiences with them, as well, and I believe it's a card worth waiting for.

[ashabbir1]

Thanks for your reply I have BOA secured card for 4 months. After 2 months I will call them and ask them to convert it to unsecured.

[FHRhea]

Congrats!

[MsRN2000]

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ksiss wrote:

I just got my worldpoints platinum plus visa from BOA yesterday, and upon activating it I applied for a CLI on their site.  The card orginally had a $5000 CL, however I wanted to take advantage of the 0% Intro APR and buy a new HDTV without bumping my utilization too much.  So considering I have a $8000 CL with my USAA platinum rewards card, I decided to see if I can match that with BOA.  Upon applying yesterday, it told me to expect the increase in my account within 24 hours otherwise I'd get a response explaining why I was rejected within a week or two.  So I checked my account just a few minutes ago, and voila.......CL = $8000. 

Now I'm wondering if I should've been a little greedier and went for the big $10000.  Oh well......I'll just find solace in the fact that just a little over a year ago I was approved for my first CC.  A Cap1 with a CL of $500 and a 20% APR.

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...Same here.  I requested a CLI upon activation recently.  My initial CL was $5,000 and upon activating, I asked for an additional $5,000 and was successful in receiving it -

  Congratulations!! 

[NowIcare]

Msrn2000 Was your increase instant? Just wondering as I too requested one online and it gave me the 24hr or a letter in the mail statement.

[concorduser]

I got 99/500 BOA card. How much time should I wait before I call them ask them to make my card unsecured? Unless the card is unsecured it will not qualify for CLI. I have checking/savings/ira/cd and business accounts with the bank. Would that help me in getting the card goto unsecured status?