topic Re: Bank of America Secured early graduation and 2 CLI! in Credit Card Approvals

Bank of America Secured early graduation and 2 CLI!

Anonymous — Fri, 13 Jun 2014 01:03:29 GMT

So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!

UPDATE 2: Per the advice of Creditaddict, I called again and got ANOTHER CLI!

Re: Bank of America Secured early graduation!

coldnmn — Thu, 12 Jun 2014 22:57:44 GMT

Congrats! Thanks for sharing.

Re: Bank of America Secured early graduation!

gdale6 — Thu, 12 Jun 2014 23:37:49 GMT

@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!

Grats on the unsecuring and CLI on your card

Re: Bank of America Secured early graduation!

Creditaddict — Thu, 12 Jun 2014 23:43:19 GMT

@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!

congrats but BofA secured card is usually 9 months.

also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!

Re: Bank of America Secured early graduation!

Anonymous — Thu, 12 Jun 2014 23:54:00 GMT

@Creditaddict wrote:
@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!
congrats but BofA secured card is usually 9 months.
also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!

Well my secured card was only for $500 and I requested $1500 and they gave it instantly. Do you think I should go for another CLI until they say no and give a counter offer?

Re: Bank of America Secured early graduation!

Creditaddict — Thu, 12 Jun 2014 23:59:19 GMT

@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!
congrats but BofA secured card is usually 9 months.
also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!
Well my secured card was only for $500 and I requested $1500 and they gave it instantly. Do you think I should go for another CLI until they say no and give a counter offer?

what is your current highest line? If you don't have anything in the $5k range I would ask for that... if you have something with a higher line, I would ask for a little bit more than that.

Re: Bank of America Secured early graduation!

Anonymous — Fri, 13 Jun 2014 00:03:27 GMT

@Creditaddict wrote:
@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!
congrats but BofA secured card is usually 9 months.
also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!
Well my secured card was only for $500 and I requested $1500 and they gave it instantly. Do you think I should go for another CLI until they say no and give a counter offer?
what is your current highest line? If you don't have anything in the $5k range I would ask for that... if you have something with a higher line, I would ask for a little bit more than that.

My high on both was $500 until today. I have a card through SCFCU that has a $500 limit and the BofA card was $500 up until today. It isn't gonna hurt to request another one, is it? It will be off of the same hard pull.

Re: Bank of America Secured early graduation!

Creditaddict — Fri, 13 Jun 2014 00:04:58 GMT

@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!
congrats but BofA secured card is usually 9 months.
also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!
Well my secured card was only for $500 and I requested $1500 and they gave it instantly. Do you think I should go for another CLI until they say no and give a counter offer?
what is your current highest line? If you don't have anything in the $5k range I would ask for that... if you have something with a higher line, I would ask for a little bit more than that.
My high on both was $500 until today. I have a card through SCFCU that has a $500 limit and the BofA card was $500 up until today. It isn't gonna hurt to request another one, is it? It will be off of the same hard pull.

won't hurt, I would ask for $5k and see what they will counter... they are being very generous... just call into the unsecured backdoor number for current cardholders and tell them this is your go to card!

Re: Bank of America Secured early graduation!

Anonymous — Fri, 13 Jun 2014 00:35:41 GMT

@Creditaddict wrote:
@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
@Creditaddict wrote:
@Anonymous wrote:
So I decided to try my luck today an requested an early graduation with the Bank of America Secured Card I got in August 2013 and It was approved! Now to request a CLI and to make it a rewards card while I'm still within the hard pull.

UPDATE: I was just instantly approved for a CLI as well!
congrats but BofA secured card is usually 9 months.
also how much did you ask for CLI, I would ask for A LOT until you get a counter vs a full approval... then you know you got everything they are willing to give!
Well my secured card was only for $500 and I requested $1500 and they gave it instantly. Do you think I should go for another CLI until they say no and give a counter offer?
what is your current highest line? If you don't have anything in the $5k range I would ask for that... if you have something with a higher line, I would ask for a little bit more than that.
My high on both was $500 until today. I have a card through SCFCU that has a $500 limit and the BofA card was $500 up until today. It isn't gonna hurt to request another one, is it? It will be off of the same hard pull.
won't hurt, I would ask for $5k and see what they will counter... they are being very generous... just call into the unsecured backdoor number for current cardholders and tell them this is your go to card!

Any chance you can give me that number? I've just been calling the regular number as far as I know (877) 721-9405

EDIT: Found it. On the phone with the guy now. He said he agrees with the increase I got earlier but he is going to review my file so I'm on hold right now.

Re: Bank of America Secured early graduation!

Anonymous — Fri, 13 Jun 2014 00:44:26 GMT

Update: Got them to increase it to $2500! Thanks for the suggestion!

Re: Bank of America Secured early graduation and 2 CLI!

Nola_Bee — Fri, 13 Jun 2014 01:13:48 GMT

Hello! Can you please advise on your method of asking them to unsecure? What number did you call?

Re: Bank of America Secured early graduation and 2 CLI!

Creditaddict — Fri, 13 Jun 2014 01:16:55 GMT

Under helpful threads, back door numbers, call the secured department first... Get unsecured and then call the unsecured analysts for the cli.
Congrats op!!

Re: Bank of America Secured early graduation and 2 CLI!

alvon123 — Fri, 13 Jun 2014 01:20:15 GMT

congrats

Re: Bank of America Secured early graduation and 2 CLI!

Nola_Bee — Fri, 13 Jun 2014 01:24:10 GMT

Thxx!!! @CreditAddict

Re: Bank of America Secured early graduation and 2 CLI!

mossmanb5 — Fri, 13 Jun 2014 01:51:43 GMT

what was your spending habits every month and did u carry a baance or pif every month. im waiting for my cash rewards secured card in the mail now. i opened with 300 dollars but when i get my card i upping it to 500 or 750 hoping to help the process.

Re: Bank of America Secured early graduation and 2 CLI!

spike69 — Fri, 13 Jun 2014 02:31:34 GMT

OP- what was your score/credit profile when you opened the BoA secured card. I need one more revolving account but don't want to roll the dice and get a "no"

Re: Bank of America Secured early graduation and 2 CLI!

One7 — Fri, 13 Jun 2014 08:06:49 GMT

Very awesome, congratulations. More proof as to why BofA has the best secured credit card, they did the same for me.

Re: Bank of America Secured early graduation and 2 CLI!

Anonymous — Fri, 13 Jun 2014 14:26:26 GMT

@spike69 wrote:
OP- what was your score/credit profile when you opened the BoA secured card. I need one more revolving account but don't want to roll the dice and get a "no"

I was a new file when I opened the card. It was my first tradeline.

Re: Bank of America Secured early graduation and 2 CLI!

Anonymous — Fri, 13 Jun 2014 14:31:01 GMT

@mossmanb5 wrote:
what was your spending habits every month and did u carry a baance or pif every month. im waiting for my cash rewards secured card in the mail now. i opened with 300 dollars but when i get my card i upping it to 500 or 750 hoping to help the process.

I ran the card up at to at least half or more every month and PIF. The analyst that I spoke to said that doing it that way was a lot of the reason I was approved. He said even with a 10,000 CL if you only use a small portion of that you aren't as likely to get approved for a CLI even if you PIF every month. He said from an analyst point of view that when they see the card being used to more of it's potential and PIF that it shows your ability to handle the credit limit on that card and make you much more likely to get a CLI. Just something to take note on, my BofA card reports 3 days after my bill is due (bill due on the 11th and reports usage on the 14th) so that piece of information should help you to make sure you report a low balance every month.

Re: Bank of America Secured early graduation and 2 CLI!

ddemari — Tue, 24 Jun 2014 17:37:53 GMT

I opened a boa secured visa in September 2013 with a 700 deposit. I am approaching my 9th statement and was wondering if i had any chance in getting the card unsecured early? I use the card heavily and pay it off every week. I run about 500-600 through it a month and always end the billing cycle with a $0 balence.

My TU Fico is 656, I have; and I am under 5 percent revolving on my credit cards. I am paying back student loans which are still pretty high in relation to their limits.

I also have a lot of inquires on my account. My last bady was about 3 1/2 years ago. Never late on a student loan. Never late on any of my current cards. I filed bk in 2004 when I was 19 and had a wallet full of the best credit cards I could have ever asked for. Biggest mistake was not managing credit back then. But I have learned.

2 Capitalone Quicksilver One Mastercards both with 2k limits and 0 balences.

Apple Barclaycard Visa with a 1k limit and 0 balence

Target Red Card 500 dollar limit and 0 balence

Gap Credit Card 300 limit and 0 balence,

Merrick Bank Visa 1500 limit and 0 balence

Amazon Store Card 600 limit and 0 balence

Fingerhut account 2k limit and 0 balence

Also my AAOA is 5 years, history 12 years. Can anyone tell me what their TU fico's where when secured? thanks!