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Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011

Bofa unsecured my card & CLI from 500 to 7500

[ Edited ]

Just got off the phone with a credit analyst from Bofa secured card number 888-260-4696

 

I had this card since 1st march 2010 with a secured limit of $500 and when I had called in the last time, I was told that I can call anytime around my card anniversary (maximum 5 days earlier) to have them consider to get it unsecured, so I called in today which is about 4 days before anniversary.

 

The guy asked income, employment info etc and said he needed a HP and I agreed to a HP. He said he will take abt 3-4 minutes and put me on hold, came back in abt 2 mins and said, ALL SET, I am unsecuring your card and bumping the CL to 7500. I immediately asked if I can pc to 'Cash Rewards Visa Signature' and he said he needs to update this on the computer, another 2 mins of hold and done.

 

woohoo... 500 to 7500 (infact in a way 0 CL to 7500)

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Moderator Emeritus
tinuviel
Posts: 4,877
Registered: ‎11-02-2010

Re: Bofa unsecured my card and increased the CL

Woo, hoo!!! Congrats! From $500 secured to $7500 unsecured... way to go!!!!! :smileyvery-happy:


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Regular Contributor
SocalMark
Posts: 151
Registered: ‎06-09-2009

Re: Bofa unsecured my card and increased the CL

Can I ask what your scores is and what cra did they pull...thanks

Super Contributor
concorduser
Posts: 6,025
Registered: ‎09-18-2007

Re: Bofa unsecured my card and increased the CL

Congrats. When they unsecured my card they cl of $1k.

Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011

Re: Bofa unsecured my card and increased the CL

@SocalMark: I am not sure about my exact scores, but when I got my EQ Fico the last month (free with my DCU acount), it was abt 700 and EQ is my worst report. I don't know what they pulled yet, I will update once the inquiry posts on my freecreditreport account (should be in a day or 2).

 

My usage was about 2-3% 400$ balance on CR with about 20k CL available (excluding my amex).

 

@concorduser: I myself din't expect 7500, but they probably tried to match the highest CL on my CR which US Bank 8000. I have a 1 year crisp payment record with BofA, paid everything as soon as the transactions posted, allowing to post about 5$ in every statement then PIF as soon as the statement cuts.

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Mega Contributor
Creditaddict
Posts: 18,873
Registered: ‎10-23-2007

Re: Bofa unsecured my card and increased the CL

Wow, I have never heard of such a thing, I thought it was just standard you got a $500 increase! congrats to you... did you even need this secured card last year? or is the 20k worth of credit all new over the year?

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:
Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011

Re: Bofa unsecured my card and increased the CL

 


Creditaddict wrote:

Wow, I have never heard of such a thing, I thought it was just standard you got a $500 increase! congrats to you... did you even need this secured card last year? or is the 20k worth of credit all new over the year?


 

It is already showing up online on my account. BofA was my second card ( mar 2010), before that I only had DCU (jan 2010) CL 1k secured. Then I also opened a cap 1 (500CL) and JCP (300CL) in mar 2010. Another cap1 (500CL) followed in Jun2010.

 

By Dec 2010 My Cap1 cards had grown to 2250 and 750, while JCP was at 1800. Offcourse both secured stayed at the original limits.

 

I kept getting tons of pre approved from sub primes which landed directly from mailbox to shredder.

 

Dec 2010, I called DCU to unsecure and they made it 3k unsecured.

 

January 2011, I got a pre approved offer from US Bank. Applied online, instant 8k. Same day, I applied chase freedom (5k approved after a week) and amex zync, instant approval.

 

Now BofA was my last secured card, which converted yesterday, and a huge huge CL (I expected about 1-2k).

 

That's my story.

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011

Re: Bofa unsecured my card and increased the CL

OOPS, in my story, I forgot to mention that I closed the second Cap 1 account this january. I did this so that if at a later stage I want to get a cap 1 card with joining bonus (miles or cash), I can snatch them.

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)
Established Contributor
jefftca925
Posts: 683
Registered: ‎08-14-2008

Re: Bofa unsecured my card & CLI from 500 to 7500

Congratulations!!  You've come a loooonnnggg way in a year.  BofA has been very good to me too.  The CSRs are always polite and courteous.

CCs: Chase Freedom World MC 6.9k, CSP VISA Sg 7k, BofA Amex 12.5k, Discover 10.5k, US Bank Cash+ Visa Sg 12.5k, Macy's Amex 8k/1.5k, Gap Visa 10k, Best Buy 11.1k, Citi TY MC 9.2k, Citi AA Amex 6k, Nordstrom Visa Sg 10k, Amex Zync, Costco Amex 12k, BofA CR Visa Sg 17k, Amex BCP 9.5k, Amex Blue 5k, Sears MC 9k, HD 7k, Target 600, Amazon 7k, US Bank MC 15k, US Airways MC 4k, NFL Visa 4k, Patelco Visa 10k, Penfed PR Visa 44.6k, Chase United Visa Sg 13k, Chase Marriott Visa Sg 8k, Citi Simplicity 11.4k, PayPal MC 5k, Compass Visa 4k, WF Visa Sg 14k, FNBO Amex 14.1k, OCCU VISA 15k, TR Visa Sg 10.8k, Capital One QS Visa 3k, FRN MC 12k, HSN 4k, Saks WEMC 10k/4k, Chase Ink 18k, Barclay Arrival 10k, Ebates Visa Sg 8k FICOs as of June '14...EQ 808 TU 804 EX ?
Valued Contributor
vish1
Posts: 1,129
Registered: ‎01-20-2011

Re: Bofa unsecured my card & CLI from 500 to 7500

Thanks Jeff

Amex PRG | BoA Cash rewards 35K | BoA Cash rewards 7K | Citi AAdvantage 15 K | Chase Sapphire Preferred 11 K | Chase Freedom 10k | Chase United 5 K | Chase Southwest 5K | Chase Airtran 6.4K | Discover IT 8K | Barclays US Airways 7.8 K | DCU 3 K | US Bank Flex Perks 8K | Toys r US 6 K | JC Penney 4.6 K | Macy's 1200 | Kohl's 600
Ex Fico: 762 (PSECU)
EQ Fico: 764 (DCU)
TX Fico: 773 (Discover)

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