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Regular Contributor
Posts: 110
Registered: ‎03-12-2013
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cash credit lines

I have my Discover, Cap1 and banana accounts CLI on last month but the cash credit lines(CCL) stay the same. Today, i just got my BOA CLI and they increased my CCL (30% of total CL). I'm wondering only BOA gives CCLI along with CLI.

Established Contributor
Posts: 505
Registered: ‎12-07-2012
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Re: cash credit lines


vAirGo7 wrote:

I have my Discover, Cap1 and banana accounts CLI on last month but the cash credit lines(CCL) stay the same. Today, i just got my BOA CLI and they increased my CCL (30% of total CL). I'm wondering only BOA gives CCLI along with CLI.


The Banana Republic should increase the cash limit. My Dillards card had a CL 1250 and a cash CL of 250. Now the CL is at 6000 with the cash CL at 1200.

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Re: cash credit lines

@ilovelisa - i checked my previous statements the cash limit is the same before/after CLI. Well good to know cash limit will increase but not happen on my GE's account :/

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Re: cash credit lines


vAirGo7 wrote:

@ilovelisa - i checked my previous statements the cash limit is the same before/after CLI. Well good to know cash limit will increase but not happen on my GE's account :/


If you do get a cash advance on it, the interest rate on most GE accounts for CA is like 30%. 

Amex BCE $18,000 | BofA Power Rewards WMC $15,000 | Chase Freedom VS $20,000 | Chase Marriott Premier VS $5,000 | Citi Diamond Preferred $4,200 | DCU $4,300 | Discover It $4,900 | Local Bank MC $4,125 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $9,000 | SallieMae Rewards $11,000
Regular Contributor
Posts: 110
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Re: cash credit lines

@ilovelisa - I don't have plan to get cash advance on all my accounts. I just brought this topic out because of what i have noticed on my accounts.

 

By the way, how you included my reply when you're replying? or anyone can help me on this?

Established Contributor
Posts: 505
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Re: cash credit lines


vAirGo7 wrote:

@ilovelisa - I don't have plan to get cash advance on all my accounts. I just brought this topic out because of what i have noticed on my accounts.

 

By the way, how you included my reply when you're replying? or anyone can help me on this?


Just click the blue quote button before you type your reply.

Amex BCE $18,000 | BofA Power Rewards WMC $15,000 | Chase Freedom VS $20,000 | Chase Marriott Premier VS $5,000 | Citi Diamond Preferred $4,200 | DCU $4,300 | Discover It $4,900 | Local Bank MC $4,125 | Local CU Visa $3,500 | PenFed Platinum Rewards VS $9,000 | SallieMae Rewards $11,000
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Registered: ‎05-03-2013
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Re: cash credit lines

It's really funny you posted this, OP. I was just looking at mine this morning, (out of curiosity also).

 

I have a couple cards that the cash limit is 20% of the total limit, but the others seem kind of random. For example, my C1 cards:

CL of $1,200, CCL of $1,200                100%

CL of $ 2,750, CCL of $2,250                82%

CL of $ 1,250, CCL of $ 500                   40%

CL of $ 1,150, CCL of $ 287.50 (lol)      25%

 

Then there's BoA:

CL of $ 3,500, CCL of $ 200                    6%  Smiley Tongue

 



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Regular Contributor
Posts: 110
Registered: ‎03-12-2013
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Re: cash credit lines


ilovelisa wrote:

vAirGo7 wrote:

@ilovelisa - I don't have plan to get cash advance on all my accounts. I just brought this topic out because of what i have noticed on my accounts.

 

By the way, how you included my reply when you're replying? or anyone can help me on this?


Just click the blue quote button before you type your reply.


 

 Thank you! Smiley Wink

Regular Contributor
Posts: 110
Registered: ‎03-12-2013
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Re: cash credit lines


pt310 wrote:

It's really funny you posted this, OP. I was just looking at mine this morning, (out of curiosity also).

 

I have a couple cards that the cash limit is 20% of the total limit, but the others seem kind of random. For example, my C1 cards:

CL of $1,200, CCL of $1,200                100%

CL of $ 2,750, CCL of $2,250                82%

CL of $ 1,250, CCL of $ 500                   40%

CL of $ 1,150, CCL of $ 287.50 (lol)      25%

 

Then there's BoA:

CL of $ 3,500, CCL of $ 200                    6%  Smiley Tongue

 


 

lol, it seems random to me. Kinda curious what the CCL looks like for account with high CL.

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Re: cash credit lines

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