Reply
Senior Contributor
Posts: 3,528
Registered: ‎01-19-2009
0

Re: Overlimit and BOA still approving charges ??

I think there is a way to opt out of over limit, or is that with just debit cards, I forget now

Valued Contributor
Posts: 1,987
Registered: ‎06-25-2012
0

Re: Overlimit and BOA still approving charges ??

If this card isnt a visa siggy then be ready to get the $35 overlimit fee charged to your card for every transaction over the limit.... Believe me i know!
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Super Contributor
Posts: 5,888
Registered: ‎12-11-2011
0

Re: Overlimit and BOA still approving charges ??

You can opt out of what is called "over the limit protection." You usually make the decision on your application, and can call up to change it if you ever want too. The option is usually right next to the card insurance option that lets them pay your bill if you're sick or lose your job or something.
;
Established Contributor
Posts: 869
Registered: ‎07-04-2012
0

Re: Overlimit and BOA still approving charges ??

Bofa cards just keep racking up. My mom has one and when she had to travel last year, she topped the card and used almost double the cl. No fees or anything.
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Valued Contributor
Posts: 1,966
Registered: ‎03-30-2012
0

Re: Overlimit and BOA still approving charges ??

BoA will let you unless you explicitly tell them not too.

 

They have the option to charge the overlimit fee, but they are less inclined to do so now due to the new laws.

Scores 5/13/2014: TU FICO: 639 | EQ FICO: 645| EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
Established Contributor
Posts: 516
Registered: ‎02-27-2012
0

Re: Overlimit and BOA still approving charges ??

Are you serious I hope they don't charge me the fees, I had 3 transactions that were forced. I am using this card for my business and this is why I use it so heavily. Creditaddict, Amex doesn't really like me, but so far chase has been showing me some love. I want to ask them for CLI but only after I pay them off. Currently maxed out on all 3 cards and will pay them off before the statements cut in the next 3 weeks. My business is picking up and we are spending Alot more now. Close to 50-75k a month, especially since these are buying months.
Valued Contributor
Posts: 2,512
Registered: ‎11-11-2010
0

Re: Overlimit and BOA still approving charges ??

[ Edited ]

BofA does not charge over-limit fee.

 

But unless you have Visa Signature or Wolrd MC, stay under your limit.

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Member
Posts: 5
Registered: ‎08-09-2012
0

Re: Overlimit and BOA still approving charges ??

Just to clear a few things up  :-)  BOA does not charge over the limit fees to anyone. If they allow you to go over they do. It is done on a person by person basis. It actually has nothing to do with if its a signature card or a world card. Trust me.  There will be no over limit fees. Even if by some chance you were stranded on a island. Couldnt make it back to pay your bill. There would be no over the limit fee. You could always call the number on the back of your card if you are curious. They can confirm.

Citi Dividend MC 6600 , Citi Dividend Visa 1500, BOA AMEX 5k, BOA Travel Rewards 5k Discover More 6800, Cap One Visa, 750, Cap One MC 1k
Frequent Contributor
Posts: 399
Registered: ‎08-02-2011
0

Re: Overlimit and BOA still approving charges ??

I'd pay it down at least below the CL before the due date so as not to tempt fate.


Starting Score: 690
Current Score: EQ 780 EX 814 TU 783
Goal Score: 800

Take the FICO Fitness Challenge
Valued Contributor
Posts: 2,512
Registered: ‎11-11-2010
0

Re: Overlimit and BOA still approving charges ??


theycallmewhitey wrote:

Just to clear a few things up  :-)  BOA does not charge over the limit fees to anyone. If they allow you to go over they do. It is done on a person by person basis. It actually has nothing to do with if its a signature card or a world card. Trust me.  There will be no over limit fees. Even if by some chance you were stranded on a island. Couldnt make it back to pay your bill. There would be no over the limit fee. You could always call the number on the back of your card if you are curious. They can confirm.


I wouldn't risk it for adverse action. Visa Signature and World MC are NPSL by default, but not Platinum Visa/MC.

 

In My Wallet:
Citi Forward (12/2010) | Citi Dividend (05/2011) | Chase Freedom (11/2011) | GECRB/PayPal (05/2012)
Discover it (07/2012) | AMEX BCP (09/2012) | TD/Target REDCard (10/2012) | Chase Ink Classic (11/2012)
BofA BBR (04/2013) | FNBO/Overstock.com (02/2014) | Barclaycard Arrival (04/2014) | FIA/Fidelity AMEX (04/2014)
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.