topic Re: Timing for CLI request with BoA? in Credit Card Applications

Timing for CLI request with BoA?

sarux3 — Thu, 20 Aug 2015 11:45:36 GMT

DW got her BoA CR card back in April with a $2500 SL, and we'd like to get a healthy CLI for it at some point. When's the earliest that she could put in a request online with hopes of success? I believe I read around here that 4 months in or after the 4th statement cut is the earliest opportunity... does my memory serve me correctly? Thanks.

Re: Timing for CLI request with BoA?

Anonymous — Thu, 20 Aug 2015 14:44:32 GMT

6 months is enough time to show them usage on the card. But it is all up to you. If you can't wait, you can request it anytime.

Re: Timing for CLI request with BoA?

TiggerDat — Thu, 20 Aug 2015 15:08:30 GMT

If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.

I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.

Re: Timing for CLI request with BoA?

sarux3 — Thu, 20 Aug 2015 15:44:27 GMT

@TiggerDat wrote:
If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.

I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.

Yup, I'm aware of the HP. That's why I'm being cautious and asking whether BoA would even entertain the notion of granting a CLI request at the 4-month mark, so as to avoid burning an HP unnecessarily. The card has about a year remaining of 0% promo on purchases, and we'd like to put an upcoming home repair charge on it for a while. It'd be nice to have the CLI beforehand, so as not to kill the util % on that card.

Re: Timing for CLI request with BoA?

ddemari — Thu, 20 Aug 2015 18:24:45 GMT

When I had a boa cash rewards card, I found luck to happen at 6 months.

Re: Timing for CLI request with BoA?

ojefferyo — Thu, 20 Aug 2015 19:32:02 GMT

6 months for the best results as long as the profile supports what you are asking for.

Re: Timing for CLI request with BoA?

TiggerDat — Sat, 22 Aug 2015 16:05:37 GMT

@sarux3 wrote:
@TiggerDat wrote:
If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.

I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.
Yup, I'm aware of the HP. That's why I'm being cautious and asking whether BoA would even entertain the notion of granting a CLI request at the 4-month mark, so as to avoid burning an HP unnecessarily. The card has about a year remaining of 0% promo on purchases, and we'd like to put an upcoming home repair charge on it for a while. It'd be nice to have the CLI beforehand, so as not to kill the util % on that card.

You could get a Lowes card and they will give you 5% off and an interest free grace period for purchases over a certain amount.

Re: Timing for CLI request with BoA?

NRB525 — Sat, 22 Aug 2015 18:21:10 GMT

@sarux3 wrote:
@TiggerDat wrote:
If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.

I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.
Yup, I'm aware of the HP. That's why I'm being cautious and asking whether BoA would even entertain the notion of granting a CLI request at the 4-month mark, so as to avoid burning an HP unnecessarily. The card has about a year remaining of 0% promo on purchases, and we'd like to put an upcoming home repair charge on it for a while. It'd be nice to have the CLI beforehand, so as not to kill the util % on that card.

How much is your home repair cost? If it is anything under $2,400 I'd charge it directly to the card on the 0% APR offer. Pay that down at a rapid clip, and you will likely see a CLI from BofA before too long.

Utilization? pffftt. You want to save interest cost, fund a ~$2,500 purchase and not incur a HP to get a CLI. Utilization (and the few points impact it will have) is a distant 5th place in this race. Use the full amount.

I took a BT onto my $12,700 CL BofA AMEX card last year, put $10,700 on it on a 0% offer, then started paying it down fairly rapidly . Within a month it was down to $8k, now at about $5k. Earlier this year they gave me a $3k auto CLI so the card now has a CL of $15,700.

Re: Timing for CLI request with BoA?

ScoreOrBeScored — Sat, 22 Aug 2015 22:37:44 GMT

I called in for my cli at 2 months.

travel rewards went from $2k to $15k

bbr went from $10k to $12k same HP

then moved $5k from BBR to travel to make $20k

no problems at all...

I will try the luv button next time instead of calling in.