topic Re: BOFA and auto CLI's.... in Credit Cards

BOFA and auto CLI's....

pizza1 — Thu, 20 Oct 2016 01:34:16 GMT

Just curious for those who have cards with BOFA, if you have received "auto CLI's" from them.

Were they random? Was it at an interval stage in having the card like at a year?

I have the Cash Rewards Plat version card with a $1.5k cl. 1/12/17 will be my "1 year" of having the card.

The Blue CLI button is on my account, but Im in the garden, and not stepping out for that. Was just curious on auto cli's at this point. I put about $300 a month on the card with a $1.5cl, and PIF before the statement cuts, and my TU score has increased 16pts since card opening.

Just curious at the one year mark, if people have received auto's at all.

Thanks

Re: BOFA and auto CLI's....

Anonymous — Thu, 20 Oct 2016 01:36:34 GMT

My card hit one year at the end of April. I did not get anything on my Cash Rewards. My CL is $25,500 and only spend about $1000 on it a month up until a few months ago.

Re: BOFA and auto CLI's....

pizza1 — Thu, 20 Oct 2016 02:08:31 GMT

@Anonymous wrote:
My card hit one year at the end of April. I did not get anything on my Cash Rewards. My CL is $25,500 and only spend about $1000 on it a month up until a few months ago.

LOL..probably with a high CL like that, I bet auto's are far and few between unless youre maxing it out. Id love to have my limit just to $10k someday

Re: BOFA and auto CLI's....

Anonymous — Thu, 20 Oct 2016 02:13:56 GMT

@pizza1 wrote:
@Anonymous wrote:
My card hit one year at the end of April. I did not get anything on my Cash Rewards. My CL is $25,500 and only spend about $1000 on it a month up until a few months ago.
LOL..probably with a high CL like that, I bet auto's are far and few between unless youre maxing it out. Id love to have my limit just to $10k someday

I think the limit had something to do with the lack of auto luv. Heavy use and you should be able to get yours up there...may just require a HP or two.

Re: BOFA and auto CLI's....

Viva-LV — Thu, 20 Oct 2016 02:48:02 GMT

@pizza1 wrote:
Just curious for those who have cards with BOFA, if you have received "auto CLI's" from them.

Were they random? Was it at an interval stage in having the card like at a year?

I have the Cash Rewards Plat version card with a $1.5k cl. 1/12/17 will be my "1 year" of having the card.

The Blue CLI button is on my account, but Im in the garden, and not stepping out for that. Was just curious on auto cli's at this point. I put about $300 a month on the card with a $1.5cl, and PIF before the statement cuts, and my TU score has increased 16pts since card opening.

Just curious at the one year mark, if people have received auto's at all.

Thanks

I have the CR from BOA, received an auto cli around 9 months, from 6.5K sl to 9K. Didn't use it much, a couple small bt"s that I paid down. Got the cli button, took the hp to double my cl to 18K. (I think I left some on the table, too). Got the button again, 100 days later, but holding off till next year. Hope to combine three cards into one!

Re: BOFA and auto CLI's....

Anonymous — Thu, 20 Oct 2016 14:47:27 GMT

I have never received an auto CLI from BoA. From what I've read here, they don't happen very often.

Re: BOFA and auto CLI's....

Anonymous — Sat, 22 Oct 2016 14:53:54 GMT

@pizza1 wrote:
@Anonymous wrote:
My card hit one year at the end of April. I did not get anything on my Cash Rewards. My CL is $25,500 and only spend about $1000 on it a month up until a few months ago.
LOL..probably with a high CL like that, I bet auto's are far and few between unless youre maxing it out. Id love to have my limit just to $10k someday

@If a credit profile supports it pizza, BoA can be very generous with CLIs. My CL was @ $10K within a year for the same card. Of course, I took a HP but it was worth it for me. We use our card a lot. Wait until you're ready to come out of the garden, then ask for it. Good luck!

ETA: Like others, I've had success in lowering my APR without any issues. They also offer your standard balance transfers with a direct deposit option which is nice.

Re: BOFA and auto CLI's....

Anonymous — Fri, 21 Oct 2016 03:04:19 GMT

@pizza1 wrote:
Just curious for those who have cards with BOFA, if you have received "auto CLI's" from them.

Were they random? Was it at an interval stage in having the card like at a year?

I have the Cash Rewards Plat version card with a $1.5k cl. 1/12/17 will be my "1 year" of having the card.

The Blue CLI button is on my account, but Im in the garden, and not stepping out for that. Was just curious on auto cli's at this point. I put about $300 a month on the card with a $1.5cl, and PIF before the statement cuts, and my TU score has increased 16pts since card opening.

Just curious at the one year mark, if people have received auto's at all.

Thanks

Yes, I did get an Auto CLI between 12 and 13 months after opening the account.

I had never asked for a CLI prior to that.

I had a 500 SL and it went to 2k.

It happened as I was logging out of an online session. At the previous closing for the month, I had made a payment of about 100 on a balance of about 150. A couple days later, I made another payment of 30. Just before the closing date, I made another payment of 20 taking the balance to zero. I always wondered if they rewarded me with a small CLI of 1500 because I tried so hard to PIF.

I am going to hold out for at least a year before asking for another CLI to see if I can get another auto.

I cant explain it very well, but INQs seem to be pretty precious to me right now. I have a total of 14 right now.

hth

Re: BOFA and auto CLI's....

Kevin86475391 — Fri, 21 Oct 2016 03:40:14 GMT

@beautifulblaquepearl wrote:
@pizza1 wrote:
@Anonymous wrote:
My card hit one year at the end of April. I did not get anything on my Cash Rewards. My CL is $25,500 and only spend about $1000 on it a month up until a few months ago.
LOL..probably with a high CL like that, I bet auto's are far and few between unless youre maxing it out. Id love to have my limit just to $10k someday
@If a credit profile supports it pizza, BoA can be very generous with CLIs. My CL was @ $10K within a year for the same card. Of course, I took a HP but it was worth it for me. We use our card a lot. Wait until you're ready to come out of the garden, then ask for it. Good luck!

I agree. I find BofA to be an incredibly generous lender, but in my experience you do have to ask, not expect auto. I've had my BofA Cash Rewards for 4 or 5 years now, so I can't remember for sure if I ever got an auto CLI in the early days, but I don't think I did. That said, they've always approved anything I've requested. I believe I started with around 5K, asked for a CLI to 10K around the 1 year mark, then about a year ago requested another $7.5K. So now I'm up to $17.5K and honestly can't imagine ever needing, wanting, or requesting more. I've also requested APR reductions a couple of times (even though I always PIF) and have gotten them with no trouble. I'm delighted with Bank of America personally, but yeah, you do have to ask IME, not wait for autos.

Re: BOFA and auto CLI's....

wmweeza — Fri, 21 Oct 2016 04:54:13 GMT

My card is at $5400 from $2300, that was my only HP request from them. It started out as a 99/500 card, at around a year (a year to 14 months, I don't recall exactly) I got an auto CLI on my card of $300, then I kept getting them about every 4 months. When it hit $2300 I requested my first to $5400, and there it has stayed for 2 years. At least for me the requested CLI cancelled any future auto LUV.

Oh and as far as usage? I put between $20-100 usually through the card, some months as hight as $300 but that's rare. I don't worry about utilization or reporting, I've always just PIF before the due date. YMMV, as you can see based on other replies

Re: BOFA and auto CLI's....

mdd0214 — Sat, 22 Oct 2016 03:00:02 GMT

I've had a cash rewards card for years. I've always needed to click for a quick CLI. They are very generous. A few weeks ago I asked for another $5k on my travel rewards and they bumped me up by $10k. Seeing this thread I thought why not try the same thing with cash rewards since that link has been available as well and again they exceeded my request by about $5k. Very generous lender. Great balance transfer offers all the time too. I've also very easily secured APR reductions with a quick phone call. Had a very helpful rep that time as well but don't know if that's par for the course since its the only time I've called in 5+ years.

Re: BOFA and auto CLI's....

Zar — Sat, 22 Oct 2016 12:29:40 GMT

Do they counteroffer if you ask too much?

Re: BOFA and auto CLI's....

lhcole77 — Sat, 22 Oct 2016 12:46:13 GMT

Alaska

Approved April 2014 $5K

CLI July 2014 $15K

Auto CLI April 2015 $18K

CLI July 2015 $28K

Re: BOFA and auto CLI's....

Anonymous — Sat, 22 Oct 2016 14:47:44 GMT

@Zar wrote:
Do they counteroffer if you ask too much?

Yes, they will counter.

Re: BOFA and auto CLI's....

pizza1 — Sat, 22 Oct 2016 14:56:26 GMT

Thank you everyone for all the personal stories and comparisons on your cards with BOFA! Im not expecting or looking for an auto, I was just wondering if its rare, or common.

Seeing from comments, its looking more rare, but as always its a YMMV thing too, and Im seeing mixed results. Im in the garden, and don't want to leave it just for a CLI on the card, so was hoping to see maybe a little luv, even $500 cli maybe as an auto after my 1 yr approaches....(crossing fingers)..LOL not that hopeful though.

Thanks again for taking the time to comment! I always appreciate the feedback

Re: BOFA and auto CLI's....

Anonymous — Sat, 22 Oct 2016 15:01:49 GMT

@pizza1 wrote:
Thank you everyone for all the personal stories and comparisons on your cards with BOFA! Im not expecting or looking for an auto, I was just wondering if its rare, or common.

Seeing from comments, its looking more rare, but as always its a YMMV thing too, and Im seeing mixed results. Im in the garden, and don't want to leave it just for a CLI on the card, so was hoping to see maybe a little luv, even $500 cli maybe as an auto after my 1 yr approaches....(crossing fingers)..LOL not that hopeful though.

Thanks again for taking the time to comment! I always appreciate the feedback

You're welcome pizza!

Re: BOFA and auto CLI's....

galahad15 — Sun, 23 Oct 2016 00:02:44 GMT

I received only one auto-CLI on my (current/now) BoA TR VS card, but only after I had already had the card for almost 10 years already. So far, no auto-CLIs on my other BoA cards.

Re: BOFA and auto CLI's....

Anonymous — Sun, 23 Oct 2016 03:41:05 GMT

I started with a 5K regualr no-frills BankAmericard MC in August of last year which I have since PCd to a CashRewards MC. Hadn't seen any CLIs nor had I asked for any, but last month I had a notice when I logged into my account that I had an offer for a soft-pull CLI. The SP ended up being a 2K increase!

So it wasn't purely auto as I had to take action on my part, but the offer was there the month after I hit the one year mark.

Re: BOFA and auto CLI's....

Peteyglad — Sun, 23 Oct 2016 20:43:01 GMT

I have never gotten an auto CLI from BOA. They have been pretty generous if you request one though, the downside being a HP of course.

Re: BOFA and auto CLI's....

acciofirebolt — Sun, 23 Oct 2016 21:11:07 GMT

I got the CashRewards card in May 2015 with a SL of $800, I got a auto CLI to $2,300 in May 2016. I used the card really heavily as it was pretty much my everyday card, my utility was pretty high on the card around the time they gave me the CLI too if I remember correctly.