@ddemari wrote:
Sorry this happened to you! I had AA from boa last year in June. Called them up to lower my apr, they did lower from 20% to 16% and offered to do a balace transfer/direct deposit into my checking my 5000 dollars with a 0% promo for like 18 months. I said no thanks but took the lower apr. 2 days later my card was closed out for too much available credit.
I think that a common denominator in a lot of these AAs and not just BoA is calling in for CLI"s, APRs and online CLI applications or even CL combining. These seem to be the trigger points that cause the lending departments of creditors to give your account extra scrutiny and spurs the AA. I've seen this with BoA, Comenity, Chase and I'm sure there are others. I think sometimes we, in our never ending efforts to get more and more, are unfortunately the catalysts for unwanted attention and certainly unwanted actions. I doubt that this occurs that often in the general population that often because I'm doubtful that many people outside credit boards ever call for APR reductions or ask for CLIs. We can be our worst enemies at times.
