topic BOA Denied > Recon Success > CLI Success in Credit Card Approvals

BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 00:52:11 GMT

This was my third app in two weeks. I was determined to stay in the garden after my second app but reading all the approval threads on myFICO daily made my fingers itchy…

I went for the BOA Travel Rewards since I’m going to Mexico during my upcoming spring break (sophomore in college now), and with no FTFs, the card seemed a nice addition to my Chase CSP. I expected to see the 30 day message after submitting, but to my surprise, it was an instant denial. I guess it was the result of too many recent inquires and my short AAoA but I have not received the letter yet.

1st recon call:

Time for a recon! I dialed the number found in the Backdoor Numbers post, but the analyst told me the number was for existing cardmembers only and that they don’t deal with new apps, so she transferred me to the appropriate department. I wasn’t optimistic about this since I was flat out denied by their computer system, but when I got transferred to the new app credit analyst, I explained why there were so many inquires (25 total, 5 in the last 6 months) on my CR and asked if he could take another look at my application. He said inquires wouldn’t be a problem and agreed to recon. I was put on hold for 5 minutes or so and was ready to accept another denial… However, he came back and congratulated me on my new BOA Travel Rewards card!! My CL was $800. Not the best CL but hey, at least I didn’t waste a HP.

2nd recon call:

After approval, I got curious about how I was given that $800 CL. Was it a human or computer decision? The highest CL on my CR was $3,000 and the lowest $500. [My two largest CLs have yet to be reported.] Rumor has it that BOA likes to hand out big CLs so I decided to push my luck and recon again. Dialed the number for existing cardmembers because I thought after approval I’d be a cardmember. Guess their computers aren’t that fast and the analyst said that they couldn’t locate my information and they had to transfer me to the new app department. Got transferred and was told that a CLI was not possible at this point and $800 was the highest they could give.

3rd recon call:

Called again. Transferred to new apps. Still no go. But I did manage to get the card expedited to me.

4th recon call:

I decided to give it one last try today. (All of the above recons happened yesterday.) This time they had all my information in their system so no need to transfer to new apps. I told the analyst that I will be using the card extensively during my upcoming trip and making multiple payments during that period would really be an inconvenience. I asked if they could use the HP from yesterday and the lady said to process a CLI they’d have to HP again. I asked which CRA, she told me TU. So I told her to go ahead with the HP since they pulled EX yesterday. She asked me a bunch of routine CLI questions (income, employer info, etc), and asked what my desired CL was. I said $5,000.

She put me on hold for a couple minutes, and approved me for $2,500. WOW!! She even apologized for not being able to give me the full $5,000.

What?! A 3.125x CLI before I’ve even activated the card? I am SUPER stoked now, and I seriously love BOA!!! Also, I’d like to thank everyone here on myFICO—could never have accomplished this without your credit knowledge!

Best strategy with recon? Keep trying until you get what you want!

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Fri, 27 Feb 2015 21:15:46 GMT

Wow, good job and congrats! I think I'm going to try for a CLI tomorrow on my 2 year BoA or maybe just new app for the BBR.

Re: BOA Denied > Recon Success > CLI Success

uswala — Fri, 27 Feb 2015 21:32:13 GMT

Congrats!

Re: BOA Denied > Recon Success > CLI Success

gdale6 — Fri, 27 Feb 2015 23:11:28 GMT

Grats on your new BoA card and CLI by recon(s)

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 00:42:04 GMT

Congrats...

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 02:15:14 GMT

Congratulations.

I had somewhat of a run around with BofA too on a new card but the analyst I talked to was great. I'm irritated at the interest rate but he moved a CL from my other BofA card no problem. He said he didn't see any problem with dropping the APR in 6 months. Meanwhile I've got 0% until June 2016 so the APR is no big deal for the time being.

It was the last card of a 10 card spree and the APR reflects it......

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 16:14:48 GMT

Congratulations!

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 21:44:22 GMT

@Anonymous wrote:
Wow, good job and congrats! I think I'm going to try for a CLI tomorrow on my 2 year BoA or maybe just new app for the BBR.

Thanks! How did it go?

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 21:46:12 GMT

@Anonymous wrote:
Congratulations.

I had somewhat of a run around with BofA too on a new card but the analyst I talked to was great. I'm irritated at the interest rate but he moved a CL from my other BofA card no problem. He said he didn't see any problem with dropping the APR in 6 months. Meanwhile I've got 0% until June 2016 so the APR is no big deal for the time being.

It was the last card of a 10 card spree and the APR reflects it......

Thank you! Good luck w/ your APR reduction in 6 months!

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sat, 28 Feb 2015 21:48:39 GMT

congrats

Re: BOA Denied > Recon Success > CLI Success

App_Addict — Sat, 28 Feb 2015 22:14:15 GMT

Congratulations!!

Re: BOA Denied > Recon Success > CLI Success

tonyjones — Sat, 28 Feb 2015 23:27:20 GMT

Congrats!! some companies like Chase or Barclays I think know when you call to recon so if you call again they have record that you already tried lol I guess BofA isnt' one of them.

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 00:46:54 GMT

@jqlx;
Again, congrats. I've since decided on holding out for 1-6 months due to my five new accounts since Dec 2014 including my mortgage, Capital One QS, Barclays Rewards MC, Victoria Sercret store card and the AMEX Everyday CC I got yesterday. Also I'm unsure of the balances being reported to TU as I had very high utilization reported from January's updates. I want to make sure there updated to reflect Febuarys balances and or low utilzation. I figure if I am declined it would be due to one or both those reasons. It would be best for me to wait it out 6 months and let these age but temptations lol. I wonder if you already have one BoA card and you apply for another if that HP could also be used for a CLI on the other card? Anyone know?

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 01:12:09 GMT

@Anonymous wrote:
@Anonymous;
Again, congrats. I've since decided on holding out for 1-6 months due to my five new accounts since Dec 2014 including my mortgage, Capital One QS, Barclays Rewards MC, Victoria Sercret store card and the AMEX Everyday CC I got yesterday. Also I'm unsure of the balances being reported to TU as I had very high utilization reported from January's updates. I want to make sure there updated to reflect Febuarys balances and or low utilzation. I figure if I am declined it would be due to one or both those reasons. It would be best for me to wait it out 6 months and let these age but temptations lol. I wonder if you already have one BoA card and you apply for another if that HP could also be used for a CLI on the other card? Anyone know?

Thank you! Having read many posts here regarding BOA's CLI process, I think they always want a fresh HP for a CLI request just to discourage people from actively seeking credit.

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 01:15:02 GMT

@tonyjones wrote:
Congrats!! some companies like Chase or Barclays I think know when you call to recon so if you call again they have record that you already tried lol I guess BofA isnt' one of them.

I'm pretty sure that BOA keeps records too because when I called in last night to check if my card had been sent out, the CSR said that she had to go through "a lot of notes" to find my card's shipping info.

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 01:15:15 GMT

Personally, I would agree that BofA doesn't care about inquiries, but it might be different for everyone else. I guess my 6 year banking relationship helps haha

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 01:56:43 GMT

@Anonymous wrote:
Personally, I would agree that BofA doesn't care about inquiries, but it might be different for everyone else. I guess my 6 year banking relationship helps haha

Yes, of course. These things are always decided on a case-by-case basis by the creditors.

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 10:12:58 GMT

WOW!!! Super Recon process!!!!

Congratulations!!!!!

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 13:28:33 GMT

Great Job, congrats

Re: BOA Denied > Recon Success > CLI Success

Anonymous — Sun, 01 Mar 2015 15:28:32 GMT

@Anonymous wrote:
WOW!!! Super Recon process!!!!

Congratulations!!!!!

Thanks a lot!