Reply
Established Member
Mike11208
Posts: 68
Registered: ‎06-07-2014
0

BofA Secure Credit Card CLI Request is it a HP?

So I opened the card with 500 I thought it would be enough but because of the Cash Back I am spending nearly 1500 dollars a month on the card already I am PIF before the statement cuts and paying multiple times through out the month. 

Today I decide to increase the limit to 700 (why 700 and not 1000 I don;t want to go to crazy) using funds from my savings account to fund the increase. 

I could not find the link to increase the limit in the information tab (I seen it before but when the card was changed to Cash Rewards it disappeared)

 

So I use the online chat, and request the increase. They ask me my annual salary, how much I pay rent my employer etc. Are they going to do a HP? I didn't bother to ask and now I am worried. He said it will take 5 to 7 days to process the request and if approved the funds would be deducted. U haven;t received any alerts from Identity Guard yet saying I have had my credit checked but I am just wondering if this is going to be a HP or a SP. 

 

Thanks,  

Established Contributor
MT936
Posts: 703
Registered: ‎06-28-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

Bank of america is HP


NPSL...................$11,000................$7500..................$5100...................$5000...................$5000..................$5000..................$500..........

21 year old college student. 751 FICO. Been building credit since age 17. Last APP 12/15/14

Senior Contributor
baller4life
Posts: 3,953
Registered: ‎09-13-2013
0

Re: BofA Secure Credit Card CLI Request is it a HP?

[ Edited ]

Yes hp. How long have you had the card? If at least 5, 6 months I would have used that hp to unsecure with a cli potentially pretty high instead of a $200 increase.



GARDENING: 12/9/14 - 10/1/15 EQ: 644 EX: 688 TU: 691
MY WALLET: $10k NFCU CASH|$10k BOA CASH|$10k DINER'S CLUB PREMIER|$9k AMEX DELTA
$7.5k NFCU PLAT MC|$7k DISCOVER IT|$5k AMAZON|$5k WALMART|$3k BARCLAYS US AIRWAYS
$2.5k CHEVRON|$1k BARCLAYS RING|$1k BARCLAYS RMC|$1k CARE CREDIT|$1k CITI DIAMOND PREFERRED
Established Member
Mike11208
Posts: 68
Registered: ‎06-07-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

I should have done my reserach first, but I was getting annoyed by the constant paying it off. 

Senior Contributor
baller4life
Posts: 3,953
Registered: ‎09-13-2013
0

Re: BofA Secure Credit Card CLI Request is it a HP?

I totally understand. How long have you had it?


GARDENING: 12/9/14 - 10/1/15 EQ: 644 EX: 688 TU: 691
MY WALLET: $10k NFCU CASH|$10k BOA CASH|$10k DINER'S CLUB PREMIER|$9k AMEX DELTA
$7.5k NFCU PLAT MC|$7k DISCOVER IT|$5k AMAZON|$5k WALMART|$3k BARCLAYS US AIRWAYS
$2.5k CHEVRON|$1k BARCLAYS RING|$1k BARCLAYS RMC|$1k CARE CREDIT|$1k CITI DIAMOND PREFERRED
Established Member
Mike11208
Posts: 68
Registered: ‎06-07-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

2 months :smileysad: 

Frequent Contributor
newhis
Posts: 390
Registered: ‎03-20-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

I made the mistake to open the secured card with only $500 (hp), then asked to deposit $500 more and it was another (hp). I can see the 'Request a credit line increase' online. I only have 3 statements and the next closes by the end of the month.

 

I was thinking to deposit 3x for another HP, but some people here say that is not worth it, when my card unsecure I should get a CLI.

 

BofA Cash Rewards secured, Discover IT, 03/14
American Express PRG, JCrew, 10/14
Chase Freedom 11/14
TU FICO 731 9/14, 714 10/14, 731 11/14
Established Member
Mike11208
Posts: 68
Registered: ‎06-07-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

Yeah, had I known it was a HP (I should have asked you guys first) I would of not requested it and just waited it out. Oh well you iive you learn. I hope they use the HP they did on me 2 weeks ago when I opened my bank account. 

Senior Contributor
baller4life
Posts: 3,953
Registered: ‎09-13-2013
0

Re: BofA Secure Credit Card CLI Request is it a HP?

Hang in there folks. It is well worth it. I went from $300 secured December to $10k unsecured now.


GARDENING: 12/9/14 - 10/1/15 EQ: 644 EX: 688 TU: 691
MY WALLET: $10k NFCU CASH|$10k BOA CASH|$10k DINER'S CLUB PREMIER|$9k AMEX DELTA
$7.5k NFCU PLAT MC|$7k DISCOVER IT|$5k AMAZON|$5k WALMART|$3k BARCLAYS US AIRWAYS
$2.5k CHEVRON|$1k BARCLAYS RING|$1k BARCLAYS RMC|$1k CARE CREDIT|$1k CITI DIAMOND PREFERRED
Established Member
Mike11208
Posts: 68
Registered: ‎06-07-2014
0

Re: BofA Secure Credit Card CLI Request is it a HP?

Maybe they will make it worth the HP now and give me a 9,500 CLI and my 500 dollars back :smileyhappy: I can dream 


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}