I called BoA to get a whole bunch of information on my accounts (exact dates of establishment, statement closing dates, etc...).
While I was on, the gentleman spontaneously lowered the interest rate on one of my cards from 15.99% to 13.99% and gave me a promotional APR of 2.99% for the next few months (which I won't use, really, but it was a nice surprise offer).
Then, he suggested that if I ever wanted to consolidate cards with them (I have 3), I could get a CLI on one for almost the full amount of the other, which would reduce the CL of the other. This was a great option for me because I have one card that is quite old, and another that is newer. So while I was on with him, he compressed the newer one into the older one, giving me a larger CL on the older card and he then closed the newer one at my request. He also assured me that this would only require a soft pull - that there wouldn't be a hard pull on my account.
All in all, kind of awesome!
Starting Score: 732 (EQ)
@lolabelle wrote:I called BoA to get a whole bunch of information on my accounts (exact dates of establishment, statement closing dates, etc...).
While I was on, the gentleman spontaneously lowered the interest rate on one of my cards from 15.99% to 13.99% and gave me a promotional APR of 2.99% for the next few months (which I won't use, really, but it was a nice surprise offer).
Then, he suggested that if I ever wanted to consolidate cards with them (I have 3), I could get a CLI on one for almost the full amount of the other, which would reduce the CL of the other. This was a great option for me because I have one card that is quite old, and another that is newer. So while I was on with him, he compressed the newer one into the older one, giving me a larger CL on the older card and he then closed the newer one at my request. He also assured me that this would only require a soft pull - that there wouldn't be a hard pull on my account.
All in all, kind of awesome!
Very cool, and surprising for BoA! I'd double check that it was a soft pull, however. CSR's are notorious for saying one thing and doing another. 
Thanks, I'll definitely check! I figured it was worth it either way, since I already have a few recent HPs that need to age off, anyway...
@android01 wrote:
Very cool, and surprising for BoA! I'd double check that it was a soft pull, however. CSR's are notorious for saying one thing and doing an other.
Well, you were right - I pulled TU a little while ago just for kicks, and they did, in fact, do a HP. Bummer. Blah.
@lolabelle wrote:
@android01 wrote:Very cool, and surprising for BoA! I'd double check that it was a soft pull, however. CSR's are notorious for saying one thing and doing an other.
Well, you were right - I pulled TU a little while ago just for kicks, and they did, in fact, do a HP. Bummer. Blah.
No surprise there. It's awesome you received the lower interest rate and combined limit though! Did you get the guy's extension? Maybe you coud call him back regarding the HP?
On a side note, does BOA usually pull TU?
Starting Score: 648
@trumpet-205 wrote:Hmm... Maybe I should give BofA a call to see if they can do something about 20.99% APR on my card. Don't want to risk hard pull though.
It might be worth a shot. My understanding is that he didn't do the HP when he lowered my APR. He did it to see if I could get the CLI in order to compress the two cards.