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Frequent Contributor
Posts: 393
Registered: ‎08-17-2013
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has anyone downgraded from a siggy?

hey guys, was discussing on an other thread about downgrading from a signature card so that the CL would be reported, since BOA refuses to do so on thier siggys,

has anyone done this before? was it a smooth change? same CL? same account number? ect. 




Regular Contributor
Posts: 142
Registered: ‎05-16-2013
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Re: has anyone downgraded from a siggy?


slap_happy wrote:

hey guys, was discussing on an other thread about downgrading from a signature card so that the CL would be reported, since BOA refuses to do so on thier siggys,

has anyone done this before? was it a smooth change? same CL? same account number? ect. 


I did this with my BofA the day after I applied. I was approved with a CL of $6,000, which was an automatic Visa Siggy.  I learned from here that the credit limit didn't report and I wanted it to, so I called in and they converted it, no problem.  I was able to use my signature card. I had no issue what-so-ever.

Amex BCE 24.5K | BofA Cash Rewards 15K | CSP MC 13.5K| Chase Freedom 7.5K | Discover IT 3K
Established Contributor
Posts: 620
Registered: ‎05-09-2009
0

Re: has anyone downgraded from a siggy?

Yes, downgraded to Platinum Plus, everything else stayed same, and was very smooth. However, took a few weeks for conversion to be final, and new card received. CL started reporting on subsequent statement.

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


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Frequent Contributor
Posts: 393
Registered: ‎08-17-2013
0

Re: has anyone downgraded from a siggy?

well thanks very much for the info, I guess I will give them a call in the am. as long as the CL stays the same then Im all for it.




Community Leader
Established Contributor
Posts: 920
Registered: ‎05-28-2013
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Re: has anyone downgraded from a siggy?

[ Edited ]

Just thought I throw this in..  I didn't downgrade mine.  I asked them and they said they could split it into 2 cards so that's what I did.  So now I have a BofA TR (siggy) with 5k and another BofA BBR (MC) with another 5k (the original siggy has a 10k CL).

 

Btw, their luv button works like a charm every time. lol

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Valued Contributor
Posts: 1,066
Registered: ‎07-09-2013
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Re: has anyone downgraded from a siggy?


jlfce1 wrote:

slap_happy wrote:

hey guys, was discussing on an other thread about downgrading from a signature card so that the CL would be reported, since BOA refuses to do so on thier siggys,

has anyone done this before? was it a smooth change? same CL? same account number? ect. 


I did this with my BofA the day after I applied. I was approved with a CL of $6,000, which was an automatic Visa Siggy.  I learned from here that the credit limit didn't report and I wanted it to, so I called in and they converted it, no problem.  I was able to use my signature card. I had no issue what-so-ever.


Did you try to see if the signature perks still worked afterwards?


   3/12 $3500     6/12 $1200      10/12 $1500   12/12 $3400    6/13 $12000      7/13 $5000      7/13 $2500       8/13 $2000    8/13 $6000

  | CSP (AU) $12,000 | Amex PRG (AU) | United $6,000 | OCCU $12,000 | Ink Bold | GM $3,200 | DCU $7500 | Luthansa $9000 | SPG $6,000 | Citi AA Executive $11,000 | Ink Plus $5,000                                                                         | EX 2/7 697 | EQ 10/27 721 | TU 12/15 719 |

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