topic BofA CLI $81k --> $96k in Credit Card Approvals

BofA CLI $81k --> $96k

Cashbackjunky — Thu, 21 Mar 2024 20:23:54 GMT

Hey gang,

I just decided to request an increase on the one BofA card that keeps giving me increases. Last one went from $66k --> $81k on 12/15.

I've been getting CLI's on it every 3 months, like clockwork.

Got increased to $96k!!

I'm not sure why none of my other BofA cards are growing (I'm putting most of my spend through my UCR) but I can't complain about this quick $15k increase.

Cheers!

Re: BofA CLI $81k --> $96k

Janneman — Thu, 21 Mar 2024 20:42:42 GMT

@Cashbackjunky

That's very nice....Do you have any datapoint for the community like when this account was opened, and how much was your SL on it and what has been the spend on this card each month on average, do you have other banking/deposit relationship with Bank of America????? Thanks...

Re: BofA CLI $81k --> $96k

Cashbackjunky — Thu, 21 Mar 2024 21:05:06 GMT

@Janneman wrote:
@Cashbackjunky

That's very nice....Do you have any datapoint for the community like when this account was opened, and how much was your SL on it and what has been the spend on this card each month on average, do you have other banking/deposit relationship with Bank of America????? Thanks...

Hi @Janneman, I do have some data points but it doesn't make much sense to me.

The card was opened back in 2010 with a SL of $8,500. I used to spend on this card but the last few years, I've put my spend through my other CCR, in hopes to raise that limit. To no avail.

I have used this card for balance transfers. My most recent one was paid off in November, just before my last increase. I've put $0 spend or BT through it since December and still got this $15k increase.

I put A LOT of spend through my other BofA cards - all gas goes on the other CCR and all non categorized spending goes in my UCR (including the very expensive daycare) but no love on those cards (?)

I do have a banking relationship with BofA. I am a platinum honors member (gotta love that 5.25% back on the CCR and 2.625% back on the UCR)

Re: BofA CLI $81k --> $96k

Janneman — Thu, 21 Mar 2024 21:15:51 GMT

@Cashbackjunky

Thanks for all the detail...and I must say that you have come from a very long ...since 2010....but a remarkable amount of CL...No doubt that there are some banks which do care about their high clients and Bank of America is definitely one of them. I have this card for many years and never got even one CLI despite of heavily using this card...except last month when I spent $9k on it a month prior to receiving CLI but I got only $5k....I am not their high profiled clients yet........Enjoy your limit and I am sure it would cross $100k next time around....God Bless you...

Re: BofA CLI $81k --> $96k

CorpCrMgr1 — Thu, 21 Mar 2024 21:42:39 GMT

Congratulations on your CLI and on all of your fantastic CL!!

Re: BofA CLI $81k --> $96k

coreyb80 — Thu, 21 Mar 2024 21:58:32 GMT

Congrats on the great increase!

Re: BofA CLI $81k --> $96k

JoeRockhead — Fri, 22 Mar 2024 12:07:38 GMT

Very nice increase, and growth, congratulations!

Re: BofA CLI $81k --> $96k

gorgon — Fri, 22 Mar 2024 13:38:29 GMT

Congrats on your CLI

Re: BofA CLI $81k --> $96k

Shooting-For-800 — Sat, 23 Mar 2024 01:34:00 GMT

@Cashbackjunky wrote:
Hey gang,

I just decided to request an increase on the one BofA card that keeps giving me increases. Last one went from $66k --> $81k on 12/15.

I've been getting CLI's on it every 3 months, like clockwork.

Got increased to $96k!!

I'm not sure why none of my other BofA cards are growing (I'm putting most of my spend through my UCR) but I can't complain about this quick $15k increase.

Cheers!

Your Sonata lease $1300 per month?

Re: BofA CLI $81k --> $96k

Cashbackjunky — Sat, 23 Mar 2024 01:42:10 GMT

@Shooting-For-800 wrote:
@Cashbackjunky wrote:
Hey gang,

I just decided to request an increase on the one BofA card that keeps giving me increases. Last one went from $66k --> $81k on 12/15.

I've been getting CLI's on it every 3 months, like clockwork.

Got increased to $96k!!

I'm not sure why none of my other BofA cards are growing (I'm putting most of my spend through my UCR) but I can't complain about this quick $15k increase.

Cheers!

Your Sonata lease $1300 per month?

Nah. That's how much is left on the lease. It's a little over $300 a month

Re: BofA CLI $81k --> $96k

nytokyobred79 — Sat, 23 Mar 2024 01:54:39 GMT

Awesome card growth. Congrats.

Re: BofA CLI $81k --> $96k

Traveler101 — Sat, 23 Mar 2024 03:09:24 GMT

Congratulations 🎊

Re: BofA CLI $81k --> $96k

bluenote-lp — Sat, 23 Mar 2024 04:27:34 GMT

Great job.

Re: BofA CLI $81k --> $96k

NoMoreDebt — Sat, 23 Mar 2024 22:14:20 GMT

Congrats on the cli

Re: BofA CLI $81k --> $96k

BigBS — Wed, 03 Apr 2024 23:01:56 GMT

Congrats on the CLI!

Re: BofA CLI $81k --> $96k

MudkipsRKooL — Wed, 03 Apr 2024 23:42:31 GMT

congrats, how long have you been in the credit game? Also what type of "usage" do you put on this card? Also is it too personal to ask for your income? could u say it's north of 100K income? 200K+? I'm trying to get a feel of what do BofA expects. I can only put $200-500/month of general use on my cards. I'm like 1 out of 3 on my CLIs so far, it's one of the reasons why I don't ask for CLI every 6 months or w/e cuz I know I don't put much spend on it. Also do they prefer you to bank with them? say a substantial sum like $5000 in saving with them for a "higher" chance of CLI?

Re: BofA CLI $81k --> $96k

keekers — Thu, 04 Apr 2024 00:14:10 GMT

That's so wild to me, haha. Congrats!

Re: BofA CLI $81k --> $96k

Cashbackjunky — Thu, 04 Apr 2024 00:54:26 GMT

@MudkipsRKooL wrote:
congrats, how long have you been in the credit game? [My father 'made me' get my first CC at age 18... 15 years ago]

Also what type of "usage" do you put on this card? [As I mentioned above, I've not put any spend on this card. But plenty on my other BofA cards 🤷🏻‍♂️]

Also is it too personal to ask for your income? could u say it's north of 100K income? 200K+? [$230k]

I'm trying to get a feel of what do BofA expects. I can only put $200-500/month of general use on my cards. I'm like 1 out of 3 on my CLIs so far, it's one of the reasons why I don't ask for CLI every 6 months or w/e cuz I know I don't put much spend on it. [Keep asking for a CLI - they may surprise you. Plus, with BofA it's a soft pull, so no harm in spamming the CLI button. When you request a CLI, ask for $100k - if they feel you deserve a CLI, they will ALWAYS counter with the CLI they want to grant you]

Also do they prefer you to bank with them? say a substantial sum like $5000 in saving with them for a "higher" chance of CLI? [The general consensus on this forum is BofA is one of the institutions that does prefer you bank with them and grants CLI's accordingly. I don't know if there is an exact number they prefer - I do a lot of my investing with them and as a result, I hold the 'platinum honors' preferred rewards designation ($100k+ in BofA or Merrill accounts)]

Hi @MudkipsRKooL! See my responses above in brackets [ ]

As always, YMMV. Good luck to you in growing your cards with them

Re: BofA CLI $81k --> $96k

CreditAggie — Sun, 21 Apr 2024 22:36:14 GMT

Congratulations on your BofA CLI!