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Established Contributor
granny031350
Posts: 951
Registered: ‎12-04-2007

so does B of A like to see you use your card and PIF or what

Just got my new "secured" Platinum Plus Visa.  So what do they like to see, lots of usage and PIF or lots of usage and leave a small balance?  Thanks all.
Mega Contributor
Creditaddict
Posts: 18,832
Registered: ‎10-23-2007

Re: so does B of A like to see you use your card and PIF or what

They love BT but since we have the secured card, I would say lots of use and I'm paying multiple times a month.  Surely they will like seeing me put more through it in 1 month than my total credit line.
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Frequent Contributor
creditreformer
Posts: 395
Registered: ‎04-25-2008

Re: so does B of A like to see you use your card and PIF or what

i was told by ba that they like LOTS of use (think cap 1- show them some luvin) and multiple payments/mo.  they didn't specify a preference for PIF, but said be sure you're never overlimit, late, etc...and hinted that if you carry a balance, they'd like to see it paid off within 1-2 statements rather than have it linger on.  i've been running 2-3x my CL (i have the 99/500) through the cc ea. mo. and am hoping for some CLI love when i unsecure.
Regular Contributor
camilleandbella
Posts: 189
Registered: ‎04-28-2007

Re: so does B of A like to see you use your card and PIF or what

Granny...Way to go!  Before long you'll have you an unsecured card.  I started with the BOA secured and it didn't even take a year for them to automatically switch me over to a regular platinum plus... they gave me a $2000 cl to start with and refunded my $300 deposit. 

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