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Established Contributor
scenery_guy
Posts: 951
Registered: ‎07-24-2012

Re: Highest BOA limit ???

I have an older BofA rewards card I rarely use with a limit of $45,000 in the sock drawer. They dropped the limit on me about 3 years ago from $90,000 to $25,000 but I called and raised hell to get it back up to where it is now. Honestly I have no idea how my limit got that high in the first place but at the time it was my only card and it was used for everything. 

 

Yeah I assume it has to do with relationship as someone mentioned. They hold my mortgage, my personal banking and checking, IRAs and multiple business accounts. 

Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012

Re: Highest BOA limit ???


youngman1234 wrote:
Wait ur parents have a 200k limit on their BOA credit card ??? Is this a credit card or line of credit ??

I was just wondering I haven't updated my sig but my current BOA cards have a combined limit of 43.5k, I was just wondering how high I could go...
It's a credit card and they've had it for quite awhile.
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Frequent Contributor
youngman1234
Posts: 453
Registered: ‎02-27-2012

Re: Highest BOA limit ???

That's Crzy... I was just calculating the interest if a person had a balance that high.... That would be nuts !!!!

Creditscholar, that wasn't offense I'm sure with that limit ur parents PIF and have the ability to pay...

Could u imagine what the min payment would be....lol
Frequent Contributor
Sparkz1920
Posts: 271
Registered: ‎08-09-2009

Re: Highest BOA limit ???

Wow, im jealous....I hate my BankAmericard

No rewards...measly limit...I was happy to get in good with them but I have better cards now.

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Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012

Re: Highest BOA limit ???


youngman1234 wrote:
That's Crzy... I was just calculating the interest if a person had a balance that high.... That would be nuts !!!!

Creditscholar, that wasn't offense I'm sure with that limit ur parents PIF and have the ability to pay...

Could u imagine what the min payment would be....lol
They do, but I don't think they use it much these days. It's backed by investments via Merrill Lynch much in the same way that cards issued via CPC or PB have much higher CLs than normal Chase customers. They spend a lot of money on wasteful things though IMO. A few years ago my father spent 3k on a toilet roll holder for a bathroom, and another 4k on a soap dish. I'm all for living well, but that's just ridiculous. When I heard it I tried to be happy for him because he was so excited, but all I could think in my head is "are you kidding me?"
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Valued Contributor
jsickz32
Posts: 1,987
Registered: ‎06-25-2012

Re: Highest BOA limit ???

3k for a toilet roll holder? What, it was made of solid gold or what
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Established Contributor
scenery_guy
Posts: 951
Registered: ‎07-24-2012

Re: Highest BOA limit ???

I wonder if he can furnish and decorate an entire bathroom with that $200,000 limit? ;-)


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