topic Re: boa cli response... in Credit Cards

boa cli response...

Anonymous — Sat, 06 Sep 2008 21:43:19 GMT

Hi,

I requested a cli online... filled out the info but left the amount blank... (worked for me last time) it came back with the following message is that an auto decline?

Thanks for letting us serve you!

Your request has been submitted. You will receive a written decision in 5-7 business days.

Re: boa cli response...

Uncle_Money — Sat, 06 Sep 2008 21:48:07 GMT

When was last time?

Doesn't necessarily mean a decline, but keep in mind CLIs with BOA are usually instant. I would call in and speak to an analyst. I personally have found this to be beneficial. Of course, YMMV and the increase will depend on your personal factors.

Re: boa cli response...

Anonymous — Sat, 06 Sep 2008 21:52:56 GMT

The last one was somewhere between June 26th and July 26th... you really think it would help to call?

Re: boa cli response...

smallfry — Sat, 06 Sep 2008 21:55:17 GMT

@Anonymous wrote:
The last one was somewhere between June 26th and July 26th... you really think it would help to call?

That's too soon. What was the initial limit and how much did they bump you up last time?

Re: boa cli response...

Anonymous — Sat, 06 Sep 2008 22:03:25 GMT

initial limit was 6200 they bumped it to 7500

Re: boa cli response...

smallfry — Sat, 06 Sep 2008 22:38:01 GMT

@Anonymous wrote:
initial limit was 6200 they bumped it to 7500

I can see why you jumped on the CLI button. Have you been using the card a lot and paying in full every month? It is getting a little tighter out there little by little. Maybe they want to see another six months history. When did you get the card originally?

Re: boa cli response...

Uncle_Money — Sat, 06 Sep 2008 22:45:53 GMT

I agree with smallfry, it probably is too soon. Although, I've had as many as 3 CLIs with BOA within a few month time frame. However, I have a long history with them and I PIF. It definitely doesn't hurt to wait a few more months but yes, I would call.

Message Edited by Uncle_Money on 09-06-2008 03:45 PM

Re: boa cli response...

Anonymous — Sat, 06 Sep 2008 22:51:53 GMT

I applied for CLI on both of my BOA cards last week. One request has a message like this: If we approve your CLI it will show up on your account within 24 hours (and it did). The other had that 5-7 day message and it was a decline.

Re: boa cli response...

Anonymous — Sun, 07 Sep 2008 00:33:06 GMT

I got the card in march... Did a bt and have been paying on it mostly just minimums for last 3 months but the first 3 months was more than just minimums...

Re: boa cli response...

smallfry — Sun, 07 Sep 2008 01:00:08 GMT

@Anonymous wrote:
I got the card in march... Did a bt and have been paying on it mostly just minimums for last 3 months but the first 3 months was more than just minimums...

Most people say they like to see a lot of usage and it is best if your intention is growing your credit limit to pay in full. I would say the most recent response likely would be a decline. The only action they have seen is a BT and some smallish payments from you? I would say you have done extremely well with them under those circumstances. It won't hurt to recon if you do get a decline though. If you are not successful on recon I would avoid the CLI button for 6 months.

This is getting to be a dangerous climate for those trying to grow limits. Some have had their lines decreased. Careful out there.

Re: boa cli response...

Anonymous — Sun, 07 Sep 2008 08:53:49 GMT

If you have a 5k limit and ask for 10k and boa thinks thats too much, do they come back with like heres 7k or is it just a decline?

Re: boa cli response...

Anonymous — Sun, 07 Sep 2008 13:37:24 GMT

I have two BoA cards, my one card was at about 7800 (?) and I asked for 13K, to put it in the same range as my othe BoA card and my one Chase card. They did not approve me for 13K but did give me 11.7K.

Re: boa cli response...

jmbfl — Sun, 07 Sep 2008 13:58:05 GMT

It is a decline. If you call them they are going to tell you that the account is new and you've alreadys gotten a CLI. They will want you to wait six more months before requesting a CLI again. I would not call them unless you want about an 80% chance of having to listen to a bunch of crap that will confuse and irritate you. Just wait.

Re: boa cli response...

Anonymous — Tue, 09 Sep 2008 00:18:44 GMT

I'd call them. They declined me for two CLI on seperate cards last week. I did a BT yesterday and asked for more credit to help with my util. They said that they couldn't because the card was too new (just got the card in the mail Saturday). I had already been given an increase on this card from $1500 to $3000.00 (and tried again for 5K, which was one of the denials). They looked at my other account and said they could not approve a CLI, but to call and speak to a credit analyst today. I didn't get around to calling, but tonight I logged in my online banking with BOA and my older BOA credit card had been increased from $1000.00 to $2500.00. So I think they must reconsider some requests(though I did do a BT, so maybe that helped).

Re: boa cli response...

tkshk — Wed, 10 Sep 2008 01:11:21 GMT

After reading this thread, I pushed the luv button on Sunday, for the first time in my life. I had never asked for CLI for any cards I have.

One of my BOA cards has $2600 CL and I thought it was too low. After pushing the luv button, I remember I got a message like this: If approved, new CL will be shown on my account page online in a couple of days. I checked the account info at 9pm on Tuesday and there is not change. I asked for $5000. I have been carrying the card for 5 years.

I guess, this is a decline, correct?