topic Re: BOFA CLI? in Credit Card Approvals

BOFA CLI? UPDATE (CLI Instant Approval)

insidious28 — Fri, 20 Feb 2015 16:52:35 GMT

Is it Bofa strict about an account having to be 6 months open before requesting a cli? I'm at 3 statements now and have run about 4k on it every statement and pif every time before the statement cuts. I also opened 3 new accounts after them and this is my first Bofa card. I know that they do a hard on transunion for cli request and they will see the new accounts. Is it to soon to ask after 3 statements? Don't want to waist a hard pull. Forgot to mention my starting cl with them is 12K. Would like to ask for 25k to be in line with my other cards. Forgot to mention as of today because of the 3 new accounts transunion fico dropped to 786.

So I decided to go ahead and put in my cli request this morning and after inputing all the info it asked for for the cli request I got intstant approved for 22,100. Weird number but I'll take it. I did request 25k though. I'll leave it be since this is my first card with bofa. Also got an alert like an hour later telling me bofa pulled transunion for the cli request. Thank you all for the input on bofa.

Re: BOFA CLI?

bigbang91 — Fri, 20 Feb 2015 05:27:25 GMT

@insidious28 wrote:
Is it Bofa strict about an account having to be 6 months open before requesting a cli? I'm at 3 statements now and have run about 4k on it every statement and pif every time before the statement cuts. I also opened 3 new accounts after them and this is my first Bofa card. I know that they do a hard on transunion for cli request and they will see the new accounts. Is it to soon to ask after 3 statements? Don't want to waist a hard pull. Forgot to mention my starting cl with them is 12K. Would like to ask for 25k to be in line with my other cards. Forgot to mention as of today because of the 3 new accounts transunion fico dropped to 786.

I dont think they strict at all. I got approved for 1.8k,requested roughly a month later and got cli to 8k.and then 2 months later to 18k,all HP though

Re: BOFA CLI?

Anonymous — Fri, 20 Feb 2015 05:43:33 GMT

im planning to go for a CLI of 13k in a few months!

Re: BOFA CLI?

B335is — Fri, 20 Feb 2015 15:32:16 GMT

They're generally flexible. With that amount of spend it should be easy to justify the CLI request even if you have to call the backdoor.

Re: BOFA CLI?

Anonymous — Fri, 20 Feb 2015 15:33:25 GMT

If you have to call the back door, they are very friendly and reasonable if you can plead your case.

Re: BOFA CLI?

lhcole77 — Fri, 20 Feb 2015 15:44:30 GMT

Got my card last April at 5K. Requested CLI in July and went to 15K. Not strict in my experience.

Re: BOFA CLI?

JSS3 — Fri, 20 Feb 2015 15:49:12 GMT

BOA will never do an auto increase? Your initial limit will always be your limit unless you're willing to take a hard pull?

Re: BOFA CLI?

joltdude — Fri, 20 Feb 2015 15:53:45 GMT

BOA almost always wants a HP... Reason I say Almost is that if you call them within 30 days of them HP your account, oftentimes they will use the same pull... Thats how I helped get a family members starting limit bumped from 2k to 3k.. but its still good to ask if its going to be an HP or not..

Re: BOFA CLI?

JSS3 — Fri, 20 Feb 2015 16:06:23 GMT

I was told BOA doesn't require you to start small with them when you're new(like Barclays). If this is true, then you can get good starter limits either matching what you have or just something decent, like say, 5,000. I guess the key is to apply for a BOA card when your reports are super duper micromanaged. That way, you can get a decent starter limit. I can go years with a card with a 5,000 or more initial limit and not feel too bad about it. On the other hand, with cards like Barclays, which require you to start low until they get to know you(usually a 1.500 starter limit), I'd definitely have to take that HP to raise it. On the other hand, if one is willing to take the HP, BOA does seem to make it worth it. For instance, going from 2,000 > 10,000 is HP worthy. IMO.

Re: BOFA CLI?

joltdude — Fri, 20 Feb 2015 16:13:22 GMT

Nope.. not always.. Family member scores in the high 700s-low 800s and BOA would not budge much.. went from 2K to3K however, 5 years AAoA, Basically said your not gonna get much from us untill you have a morgage or installment loan reporting..We were trying to recon to 5K .. has a Amex with 9k and CU with 6k at the time

Re: BOFA CLI?

JSS3 — Fri, 20 Feb 2015 16:19:27 GMT

@joltdude

You're killin me here. Lol

I have neither a mortgage(ex hubby bought house) nor installment loan. Only 14 CCs and a "paid as agreed" closed student loan. Will not be getting either in the future.

I guess a second HP for a decent limit is what it shall be. I REALLY want to get in with BOA because they give high limits(after hp) and frequent BT checks(I'm told).

Re: BOFA CLI?

onstar — Fri, 20 Feb 2015 22:15:47 GMT

~~They must do a HP on Experian.~~

~~My TU and EQ show nothing on my latest CLI (requested 2 weeks ago; just got approved this morning).~~

EDIT: Never mind. I see a HP on my TU today. Oh well.

Re: BOFA CLI?

Creditaddict — Fri, 20 Feb 2015 16:40:06 GMT

If you are putting $4k a month on the card and pif you will have no issues getting CLI!

Re: BOFA CLI? UPDATE (CLI Instant Approval)

9CLINE — Fri, 20 Feb 2015 17:48:15 GMT

Congrats on CLI

Re: BOFA CLI? UPDATE (CLI Instant Approval)

gdale6 — Fri, 20 Feb 2015 19:46:53 GMT

Congrats on your BoA CLI

Re: BOFA CLI? UPDATE (CLI Instant Approval)

uswala — Fri, 20 Feb 2015 19:51:31 GMT

Congrats on the CLI!

Re: BOFA CLI?

lhcole77 — Fri, 20 Feb 2015 23:37:14 GMT

@JSS3 wrote:
@joltdude

You're killin me here. Lol

I have neither a mortgage(ex hubby bought house) nor installment loan. Only 14 CCs and a "paid as agreed" closed student loan. Will not be getting either in the future.

I guess a second HP for a decent limit is what it shall be. I REALLY want to get in with BOA because they give high limits(after hp) and frequent BT checks(I'm told).
Pretty sure student loan=installment loan

Re: BOFA CLI? UPDATE (CLI Instant Approval)

Anonymous — Sat, 21 Feb 2015 00:32:49 GMT

Fantastic CLI, congrats

Re: BOFA CLI? UPDATE (CLI Instant Approval)

CreditMagic7 — Sat, 21 Feb 2015 00:53:54 GMT

Congrats! on the BofA success!

Re: BOFA CLI?

wmweeza — Sat, 21 Feb 2015 09:04:40 GMT

@JSS3 wrote:
BOA will never do an auto increase? Your initial limit will always be your limit unless you're willing to take a hard pull?

No and yes. I'm sure though it's a YMMV thing but I started out with a BofA secured card, 4 months after it unsecured I got a CLI of $500, 4 months after that another one...this went on until I finally requested a CLI from $3k to my current CL of $5400 which has stopped my auto CLI's sadly.Now these are all auto CLI's so no hard pull, but YES the CLI that I REQUESTED was a hard pull and generally always is with BofA. I think if you sneeze at a BofA branch they'd find a way to make even that a hard pull