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NewSurrender
Posts: 81
Registered: ‎05-06-2012
0

Should I ever expect a CLI on these cards, or is it hopeless?

Alright, so I have two BoA cards. One is a Travel Rewards card with a $500 limit and the other is a 1-2-3 Cash Rewards with $1,000 limit.

 

The Travel Rewards started as a $99/$500 partially secured card in February 2011. It was unsecured February 2012, but the limit stayed the same (was requesed for a CLI in May). About a month ago, I PCed to the Travel Rewards card.

 

The Cash Rewards I applied for in January of 2012, and was approved for a $1,000 limit. DIdn't try to recon the CL, since I didn't know I could do that.

 

So can I expect BoA to ever give me an auto CLI, or if I take a HP, can I get a substantial increase? I don't want to take a HP for a $500 increase. Or are they going to pull a Capital One on me and keep me stuck at the same low limits? I like both cards, they have decent rewards, but if these limits are going to stay the same, then I guess I'll SD the card, and actively try to replace them next time I have an app spree (A year from now).

Valued Contributor
JM-AM
Posts: 3,303
Registered: ‎06-09-2010
0

Re: Should I ever expect a CLI on these cards, or is it hopeless?


NewSurrender wrote:

Alright, so I have two BoA cards. One is a Travel Rewards card with a $500 limit and the other is a 1-2-3 Cash Rewards with $1,000 limit.

 

The Travel Rewards started as a $99/$500 partially secured card in February 2011. It was unsecured February 2012, but the limit stayed the same (was requesed for a CLI in May). About a month ago, I PCed to the Travel Rewards card.

 

The Cash Rewards I applied for in January of 2012, and was approved for a $1,000 limit. DIdn't try to recon the CL, since I didn't know I could do that.

 

So can I expect BoA to ever give me an auto CLI, or if I take a HP, can I get a substantial increase? I don't want to take a HP for a $500 increase. Or are they going to pull a Capital One on me and keep me stuck at the same low limits? I like both cards, they have decent rewards, but if these limits are going to stay the same, then I guess I'll SD the card, and actively try to replace them next time I have an app spree (A year from now).


I have never personally had a HP from BOA for a CLI. I also have not asked for one in a while. Last time about 2 years ago.

 

Unsure about your 99/500 card but your Cash Rewards Card should be entitled to a CLI. 

 

BOA has tightened up CLI as far as I have been reading, but I am sure it is all dependent on each individual's situation.

Good Luck
May all your dreams and wishes become a reality!
Contributor
NewSurrender
Posts: 81
Registered: ‎05-06-2012
0

Re: Should I ever expect a CLI on these cards, or is it hopeless?


JM-AM wrote:

NewSurrender wrote:

Alright, so I have two BoA cards. One is a Travel Rewards card with a $500 limit and the other is a 1-2-3 Cash Rewards with $1,000 limit.

 

The Travel Rewards started as a $99/$500 partially secured card in February 2011. It was unsecured February 2012, but the limit stayed the same (was requesed for a CLI in May). About a month ago, I PCed to the Travel Rewards card.

 

The Cash Rewards I applied for in January of 2012, and was approved for a $1,000 limit. DIdn't try to recon the CL, since I didn't know I could do that.

 

So can I expect BoA to ever give me an auto CLI, or if I take a HP, can I get a substantial increase? I don't want to take a HP for a $500 increase. Or are they going to pull a Capital One on me and keep me stuck at the same low limits? I like both cards, they have decent rewards, but if these limits are going to stay the same, then I guess I'll SD the card, and actively try to replace them next time I have an app spree (A year from now).


I have never personally had a HP from BOA for a CLI. I also have not asked for one in a while. Last time about 2 years ago.

 

Unsure about your 99/500 card but your Cash Rewards Card should be entitled to a CLI. 

 

BOA has tightened up CLI as far as I have been reading, but I am sure it is all dependent on each individual's situation.


Last time I asked for a CLI, it was a HP, and I was denied. So not only was it a HP, but a pointless one at that too.

 

The card isn't a 99/500 anymore, hasn't been for almost half a year now. It was originally opened as a partially secured, but was unsecured 6 months ago, and was changed to a Travel Rewards a month or two ago.

 

The Cash Rewards is going to be 6 months old very soon, wonder if I'll get an auto CLI. Highly, highly unlikely I think, considering the fact that the util on that card is high, to take advantage of a 0% intro APR.

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DaveSignal
Posts: 2,111
Registered: ‎07-29-2011
0

Re: Should I ever expect a CLI on these cards, or is it hopeless?

Or you could just try paying the balance and waiting for the next statement and then aaking for CLI.  That way your util is in check.

 

I just got approved for a BoA Travel Rewards for $4.5k and my EX score isn't above 700.  I would get util a little better, wait until after 6 months, request CLI, then buy some more stuff to use your 0% APR if you really want to.

EX:694 TU:744 EQ:777
Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k
Established Contributor
heirophant
Posts: 532
Registered: ‎11-25-2007
0

Re: Should I ever expect a CLI on these cards, or is it hopeless?

+1. As DaveSignal said, I got Travel Rewards card with a 5k limit at beginning of month with less than 700 on EX. Utilization was low, though.
FICO's: TU: 682 EX: 688 EQ: Unknown

In my wallet (strikethough are getting the axe soon): Amex Rewards Plus Gold | BECU: 10,000 | AlaskaUSA FCU: 6,900 | Citi Forward 6,500 | BOA Travel Rewards: 5,000 | US Bank Cash+: 5,000 | Merrick: 4,200 | Chase Freedom: 3,500 | Juniper: 3,100 | Household: 2,450 | Best Buy Reward Zone: 2,000 | Cap1: 1,500 | Cap1: 750 | Bailey's Furniture: 3,100 | Lowes: 4,500 | Care Credit: 2,000 | Zales: 1,400 | Kohls: 400 | Sam's: 5,200 | Walmart: 1,100 | Discover More: 1,000

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