Credit Cards

[MarineVietVet]

I have two cards with BoA. I have talked to them about combining the credit lines into one account (the oldest). I'm told it's not a problem but I'm wondering in this financial climate if this large (for me) single CL ($19,300) might then be a nice target for a future AA? Both are at 0 balance and I plan to keep usage to about 1% or so to keep the account active. And of course PIF.

Any thoughts? I am thinking that by doing this my record keeping would be simplified. But it's not something I HAVE to do right now.

Time can heal all wounds and a low FICO.
"Hello my name is Sandy and I'm a recovering crediholic".

[txjohn]

Speaking from a technical standpoint, if BoA system does a review of CL's based on amount, this could put your account under review where as separate accounts might not.

If you have two accounts with an average CL of slightly less than $10k, and you want to conservatively avoid potential AA due to system initiated reviews of accounts, then you may want to keep them as-is.

I have no specific knowledge on this, except that many higher CL's to long standing, perfect history customers were cut.

[VGCR]

---

txjohn wrote:

Speaking from a technical standpoint, if BoA system does a review of CL's based on amount, this could put your account under review where as separate accounts might not.

If you have two accounts with an average

CL of slightly less than $10k, and you want to conservatively avoid potential AA due to system initiated reviews of accounts, then you may want to keep them as-is.

I have no specific knowledge on this, except that many higher CL's to long standing, perfect history customers were cut.

---

  Count me among said victims.  But I recovered and B of A has become a victim of mine now.   Doing nada banking with em.   

[ocheosa]

---

txjohn wrote:

Speaking from a technical standpoint, if BoA system does a review of CL's based on amount, this could put your account under review where as separate accounts might not.

If you have two accounts with an average CL of slightly less than $10k, and you want to conservatively avoid potential AA due to system initiated reviews of accounts, then you may want to keep them as-is.

I have no specific knowledge on this, except that many higher CL's to long standing, perfect history customers were cut.

---

 +1

IMHO, Do Not Combine. Do not rely on BOA posts from last two years. So much has changed.

[MarineVietVet]

IMHO, Do Not Combine. Do not rely on BOA posts from last two years. So much has changed.

Yeah I may just let them stew for awhile. It's worked fine having them both for about 5 years. If it's not broken............

Time can heal all wounds and a low FICO.
"Hello my name is Sandy and I'm a recovering crediholic".

[txjohn]

I think it wise to let em be.  Probably easier to get a CLI down the road on them than on a $20k-ish CL.