topic Re: Bank of America Rules!! CLI approved! in Credit Cards

Bank of America Rules!! CLI approved!

Anonymous — Sat, 13 Sep 2008 20:40:37 GMT

Bank of America takes care of it's customers. I've been a customer of BOA for 18 years but have only had their WorldPoints Visa since last December. When I got the card the CL was $2500 and then they auto CLI'd me to $3500 after 5 months (May08). I called them today and asked them for an increase to $5000 and after speaking with a credit analyst, they increased my CL to $6000. BOA is awesome!!!! I would never bank with anyone else...

Re: Bank of America Rules!! CLI approved!

Anonymous — Sat, 13 Sep 2008 20:42:14 GMT

Congrats i always here good things about BOFA.

Re: Bank of America Rules!! CLI approved!

wmarat — Sat, 13 Sep 2008 20:58:22 GMT

I like BOA too.

Re: Bank of America Rules!! CLI approved!

Uncle_Money — Sun, 14 Sep 2008 04:48:43 GMT

Gotta luv BOA! Congrats, they're among my favorite lenders.

Re: Bank of America Rules!! CLI approved!

score_building — Sun, 14 Sep 2008 05:00:25 GMT

nice cli! they're one of my favs too.

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 14 Sep 2008 05:43:03 GMT

Congrats- isn't the World points card that does not report CL's?

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 14 Sep 2008 05:53:09 GMT

@Anonymous wrote:
Congrats- isn't the World points card that does not report CL's?

World Points is just their rewards program - it's offered on their Visa, Amex, MC, etc... I believe that they have a Signature card that also has WPs that does not report the limit.

Congrats on your CLI - BofA is the best!

Re: Bank of America Rules!! CLI approved!

haulingthescoreup — Sun, 14 Sep 2008 14:09:23 GMT

@Anonymous wrote:
Congrats- isn't the World points card that does not report CL's?

Ha! Good, so it isn't just me that gets confused between the World Points program and the (MC) World no pre-set card.

Re: Bank of America Rules!! CLI approved!

treski — Sun, 14 Sep 2008 14:09:42 GMT

BofA is up on my dream cards. Gotta raise that score and slay some (well, plenty) of the baddies first. Ugh.

Thanks for sharing!

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 14 Sep 2008 15:45:32 GMT

I like Bank of America too. I have two cards with them. My purchase rate is 7.90% on one and 9.99% on the other one. I have the choice of two balance transfer rates: 1.99% (started 1/08 and runs through Dec., 2008) and 3.99% ( I just received yesterday) which will end in June, 2009.

Bank of America analyzes what you like to do best....pay off your bills or make purchases....and they help you to achieve your goals. That's why I like them.

Sandy

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 14 Sep 2008 16:57:29 GMT

I got the 7.90% APR from BoA as well on my BankAmericard Rewards Visa as well...

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 16 Nov 2008 13:59:22 GMT

It's been two months since my last CLI so I decided to call to see if I could get another CLI. My goal was to get my BankAmericard to $10K by Xmas. I was currently at $6000 and they approved another CLI to $9000. I didn't want to be greedy so I thanked the credit analyst and hung-up. Not bad since I just got a CLI in Sept.

The next morning I decided to call them back and speak to an analyst again. I told her that I had just called yesterday and recieved the increase to $9000 but that my goal was to have this card at $10,000. She was very receptive and said she would try to get me the additional $1000. I was put on hold for a minute or two and she came back on and said that she approved the extra $1000 and that my CL was now $10,000. I was very thankful and she then told me in the future just to ask for the total credit line that I wanted. She said that my long history with the bank along with my strong credit score were major factors and I would have been approved for the total amount yesterday.

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 16 Nov 2008 14:02:12 GMT

@Anonymous wrote:
It's been two months since my last CLI so I decided to call to see if I could get another CLI. My goal was to get my BankAmericard to $10K by Xmas. I was currently at $6000 and they approved another CLI to $9000. I didn't want to be greedy so I thanked the credit analyst and hung-up. Not bad since I just got a CLI in Sept.

The next morning I decided to call them back and speak to an analyst again. I told her that I had just called yesterday and recieved the increase to $9000 but that my goal was to have this card at $10,000. She was very receptive and said she would try to get me the additional $1000. I was put on hold for a minute or two and she came back on and said that she approved the extra $1000 and that my CL was now $10,000. I was very thankful and she then told me in the future just to ask for the total credit line that I wanted. She said that my long history with the bank along with my strong credit score were major factors and I would have been approved for the total amount yesterday.

Did they do a hard inquiry? Do they have a luv button at all?

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 16 Nov 2008 14:05:27 GMT

wcnghj wrote:

Did they do a hard inquiry? Do they have a luv button at all?

They do have a luv button, which results in a soft pull, but most people find they have better success by calling and speaking to a credit analyst. That will also usually be a soft pull, but in the rare instance where a credit analyst needs to do a hard pull, they will always warn you first and ask if you still want to proceed.

Re: Bank of America Rules!! CLI approved!

wmarat — Sun, 16 Nov 2008 14:06:12 GMT

@Anonymous wrote:
@Anonymous wrote:
It's been two months since my last CLI so I decided to call to see if I could get another CLI. My goal was to get my BankAmericard to $10K by Xmas. I was currently at $6000 and they approved another CLI to $9000. I didn't want to be greedy so I thanked the credit analyst and hung-up. Not bad since I just got a CLI in Sept.

The next morning I decided to call them back and speak to an analyst again. I told her that I had just called yesterday and recieved the increase to $9000 but that my goal was to have this card at $10,000. She was very receptive and said she would try to get me the additional $1000. I was put on hold for a minute or two and she came back on and said that she approved the extra $1000 and that my CL was now $10,000. I was very thankful and she then told me in the future just to ask for the total credit line that I wanted. She said that my long history with the bank along with my strong credit score were major factors and I would have been approved for the total amount yesterday.
Did they do a hard inquiry?Soft Do they have a luv button at all?Yes.

Re: Bank of America Rules!! CLI approved!

ccaddict — Tue, 18 Nov 2008 01:31:46 GMT

That's cool on the cli.

I had a student platinum plus which got converted to a regular platinum plus a few months back. Last month I got a cli from 2k to 3k on the card, which was pretty awesome.

I went ahead and app'd for a world points mc from them today and got a "we need to look into this.. blah... expect written notification within 30 days."

Was wondering if they deny the app, could I like ask for a secured since I've wasted an inquiry on it anyways..? or is it like a new inquiry... anyone know?

Re: Bank of America Rules!! CLI approved!

Anonymous — Fri, 21 Nov 2008 11:54:20 GMT

If the application is declined, call New Card Underwriting and ask them for a recon to review your app manually.

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 23 Nov 2008 13:21:01 GMT

So is this the luv button? The one that pulls a S-IQ?

https://ccss-rva.bankofamerica.com/ccss/creditLineIncreaseEForm.el_uif

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 23 Nov 2008 13:39:02 GMT

BoA is by far my favorite card because they approved me for my highest credit limit. I was so happy with them at the time that I moved my checking over to BoA too, where I remain a happy customer.

Re: Bank of America Rules!! CLI approved!

Anonymous — Sun, 23 Nov 2008 23:20:26 GMT

@Anonymous wrote:
So is this the luv button? The one that pulls a S-IQ?

https://ccss-rva.bankofamerica.com/ccss/creditLineIncreaseEForm.el_uif

Anybody?