FYI - Bank of America Platinum Plus Card - CL not reported with EQ and TU

[daisyduke]

I just pulled CCT and TC reports. Looks like my Bank of America Platinum Plus card is no longer reporting CL with EQ and TU (no change yet on EX, which has been typically the fastest CB to report a change), just high credit now is being used.

True Credit I know sometimes one should not care about how a third party reports a CC, but FWIW, it is reporting as a flexible spending credit card. whatever that means, I have no idea.

Anyone else notice this change on their BOFA card?

[laz98]

ours reports the same as always.....is yours a signature card or one of those special high limit cards?  maybe that's why.

[daisyduke]

Hi Laz98

I dont' think this card is a sig card. I have and use this card, so I don't think the card was converted to a signature. 

I'm an AU on this card from ex husband for my son's expenses. I called him and asked him if he changed anything and then he told me he got the slate card, I said no! That's another bank (Chase issues Slate). lol..  Was told didn't have time to deal with my credit reporting issues. Call back later...lol

Good news is that the card still works! Just bought my son some fishing rod gear tonight...not like it was shut down 

Bad News: another CL bit the dust!! I lost around $9 K in cl's now thanks to Boa, Macy's and Bloomies.

[laz98]

how funny, i'm just an AU too!  bank of america should be reporting in the next few days, so i will see if anything changes.

[bakalao2k]

your platiinum card was converted to a signature card, just like mine.  i noticed the change on my transunion report a few days ago.  two months ago, bofa notified all of their customers of this product change. 

[Duke-of-Earl]

Dumb question, probably:  This was "converted to a signature card"?  From the discussion about CLs being reported etc., it must be a CC, not a debit card.  But I thought all CCs required a signature (beyond some "small" purchase limit that seems to keep going up).  Appreciate explanation, thanks.

[Anonymous]

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@bakalao2k wrote:

your platiinum card was converted to a signature card, just like mine.  i noticed the change on my transunion report a few days ago.  two months ago, bofa notified all of their customers of this product change. 

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This would suck, since this is the card I let report each month, and it has a $20K CL

[Anonymous]

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@Anonymous wrote:

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@bakalao2k wrote:

your platiinum card was converted to a signature card, just like mine.  i noticed the change on my transunion report a few days ago.  two months ago, bofa notified all of their customers of this product change. 

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This would suck, since this is the card I let report each month, and it has a $20K CL

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Issuers love to convert platinum cards into signature cards for CL's above $5k, as it gives them higher merchant fees. But yes, I feel your pain. I had to get a CU card with a higher limit in order to escape the "small special niche card reporting hell" that makes keeping the credit score in green territory quite a pain.

[laz98]

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@Duke-of-Earl wrote:

Dumb question, probably:  This was "converted to a signature card"?  From the discussion about CLs being reported etc., it must be a CC, not a debit card.  But I thought all CCs required a signature (beyond some "small" purchase limit that seems to keep going up).  Appreciate explanation, thanks.

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a signature card is not a card that requires a signature.  it's a higher limit card that usually doesn't report the CL.  think of world elite type cards.

[Duke-of-Earl]

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@laz98 wrote:

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@Duke-of-Earl wrote:

Dumb question, probably:  This was "converted to a signature card"?  From the discussion about CLs being reported etc., it must be a CC, not a debit card.  But I thought all CCs required a signature (beyond some "small" purchase limit that seems to keep going up).  Appreciate explanation, thanks.

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a signature card is not a card that requires a signature.  it's a higher limit card that usually doesn't report the CL.  think of world elite type cards.

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Thanks for clarifying.  Silly me, thinking it meant what it sounded like.  But this info leads to a further question, next post ....