Re: Fell out of the Garden with a BofA HP

dodgerslv · ‎10-10-2013

well, on the 19th of this month it would have been 3 months with no HP or apps but decided to remodel my rental property home and total costs were going to be around 12,500. Didnt want to apply for special financing with Lowes with the home project card bacause i told myself no new accounts for the remainder of the year. Well, Bofa has been sending me 0% financing through December 2014 on my Cash Rewards platinum plus card so i requested a CLI to 18K. Called BofA analyst and told her why i needed to increase (previously at 12000). After asking me the usual questions and needed my consent to review CR, she came back and approved my request. Well, HP on TU of course but only had 5 in the last 2 years. I took the opportunity to request and upgrade to Visa signature (since they report limits now) and told me i would be receiving the new card in 2-4 weeks with a new APR of 12.99 (previously at 20.24). Not too bad for one HP on TU! to the garden again.

gardening since 5/21/2016

B335is · ‎10-10-2013

Congrats! $6k is def worth 1 HP.

dodgerslv · ‎10-10-2013

@B335is wrote:
Congrats! $6k is def worth 1 HP.

thanks alot! Now i could get started on the project and still application free since 7/19....

gardening since 5/21/2016

370Z · ‎10-10-2013

Can't beat 3 for 1.

EQ8 817 (2/24) EQ9 850 (1/24) EX8 837 (3/24) EX9 842 (3/24) TU8 819 (3/24)
Chase_Hyatt|10k|15.24%|6/13 * Amex_Hilton|10k|13.99%|8/13 * Chase_IHG|10k|15.24%|1/14 * Chase_Ink$|12k|13.24%|5/14 * NFCU$|46k|9.65%|12/14 * Amex_ED|10k|12.99%|1/16 * Citi_Custom$|45k|15.24%|4/16 * Merrill+|68k|12.99%|2/17 * Amex_BB+|10k|15.24%|3/18 * PenFed_Pathfinder|29.4k|12.74%|9/18 * WF_Autograph|25k|16.99%|7/19 * AODFCU_VS|22k|7.49%|4/20 * Chase_Ritz_Carlton|48.5k|15.99%|10/21 * Amex_BB$|42k|13.24%|8/22 * Redstone_FCU_VS|10k|12.00%|6/23 * C1_VX|30k|14.74%|1/24
Gone: CSP, AA x3, Ink+, Premier, CSR, CFU, CF, AARP, Limitless

09Lexie · ‎10-10-2013

Congratulations the CLI and APR reduction!

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lg8302ch · ‎10-10-2013

Congrats - nice move

resilient · ‎10-10-2013

Congrats on the increase, apr reduction, and upgrade! BofA is being good to you too!

Amex Platinum Amex PRG Amex Hilton Surpass ($7k) Citi AAdvantage WEMC ($20k) Citi Hilton Honors VS ($6.8k) Dillard's Amex ($7.5k) Discover it ($6.5k) FNBO Chrysler MC ($30k) Military Star Card ($4.8k) Nordstrom VS ($25k) PenFed Power Cash Rewards VS ($20.5k) Ritz-Carlton VI ($54.5k) Starwood Preferred Guest Amex ($10k) Susan G. Komen WMC ($38k) Kinetic CU Visa ($10k) US Bank Cash + VS ($16k) Sears MC ($6k) USAA Limitless VS ($15k) Walmart MC ($7.5k) AAdvantage Aviator Silver WEMC ($11.3k)

tinuviel · ‎10-10-2013

Sounds like that was well worth the HP. Congrats, and see you back in the garden.

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

myjourney · ‎10-10-2013

@dodgerslv wrote:
well, on the 19th of this month it would have been 3 months with no HP or apps but decided to remodel my rental property home and total costs were going to be around 12,500. Didnt want to apply for special financing with Lowes with the home project card bacause i told myself no new accounts for the remainder of the year. Well, Bofa has been sending me 0% financing through December 2014 on my Cash Rewards platinum plus card so i requested a CLI to 18K. Called BofA analyst and told her why i needed to increase (previously at 12000). After asking me the usual questions and needed my consent to review CR, she came back and approved my request. Well, HP on TU of course but only had 5 in the last 2 years. I took the opportunity to request and upgrade to Visa signature (since they report limits now) and told me i would be receiving the new card in 2-4 weeks with a new APR of 12.99 (previously at 20.24). Not too bad for one HP on TU! to the garden again.

Good use of a HP IMO

Congrats

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

Fell out of the Garden with a BofA HP

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Fell out of the Garden with a BofA HP