topic Re: BOA Credit Limit Increase Button in Credit Cards

BOA Credit Limit Increase Button

Credit_hawk — Sun, 23 Oct 2016 01:35:43 GMT

Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!

Re: BOA Credit Limit Increase Button

AverageJoesCredit — Sun, 23 Oct 2016 01:59:58 GMT

Hey CH!!

Igot the button to appear after only my 3rd month with my BBR. Hit the button and got a $2700 increase, hp though TU. Recently made it to my 6th month and button is back. Just did a BT so going to wait til december to see if my bk falls off before tryin again. Best of luck if you get the button

Re: BOA Credit Limit Increase Button

Credit_hawk — Sun, 23 Oct 2016 02:09:42 GMT

Hey! Thanks for the info. Did you request more than $2700? Or only $2700? What was your SL?

Re: BOA Credit Limit Increase Button

AverageJoesCredit — Sun, 23 Oct 2016 02:49:43 GMT

Originally approved for $1500 i think i asked for 10,000, could have been 5 but i think i was shooting for Saturn they countered with 4200. I was happy. They didnt have to as its my first time with them and i have a bk7 still on report.This is also why im curious to see if it falls off and i bt'd and gonna make $300-$500 payments on that if that will help me get my first 10k card. Its a little fun to wait and see i guess

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 03:23:34 GMT

It was six months before I noticed the increase button the first time. It seems to appear sooner and sooner as time goes on for me. 2nd time around it appeared 5 months after first CLI. The last time it was 90 days after second CLI.

Re: BOA Credit Limit Increase Button

zerofire — Sun, 23 Oct 2016 03:25:45 GMT

@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!

BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in. Since your account is only 3 months you should wait at least another 3 or even better wait 9. Most accounts become eligible for CLI's at 1 year because they age nicely by then with BoA. BoA is a buisness bank and they are much more by the book at first with small limits but over time the sky will be the limit.

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 03:40:33 GMT

@zerofire wrote:
@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!
BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in. Since your account is only 3 months you should wait at least another 3 or even better wait 9. Most accounts become eligible for CLI's at 1 year because they age nicely by then with BoA. BoA is a buisness bank and they are much more by the book at first with small limits but over time the sky will be the limit.

Re: BOA Credit Limit Increase Button

Credit_hawk — Sun, 23 Oct 2016 03:43:41 GMT

@zerofire wrote:
@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!
BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in. Since your account is only 3 months you should wait at least another 3 or even better wait 9. Most accounts become eligible for CLI's at 1 year because they age nicely by then with BoA. BoA is a buisness bank and they are much more by the book at first with small limits but over time the sky will be the limit.

Wow, that's interesting. I wonder if anyone can second that. I'm pretty sure people are still getting the button.I could be wrong. I would say usually I would wait and it wouldn't even be a big deal but this card is so low compared to my other cards if they won't raise it soon I will do like you say and just sit on it and use my other cards for a year or so and try it. It's really not usable for me right now at this limit. I've been putting a lot through it just to get a CLI but it becomes a pain in the butt having to make midcycle payments and the whole bit.

Re: BOA Credit Limit Increase Button

Credit_hawk — Sun, 23 Oct 2016 03:45:28 GMT

@Gmood1 wrote:
@zerofire wrote:
@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!
BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in. Since your account is only 3 months you should wait at least another 3 or even better wait 9. Most accounts become eligible for CLI's at 1 year because they age nicely by then with BoA. BoA is a buisness bank and they are much more by the book at first with small limits but over time the sky will be the limit.

Thanks, Gmood. I had no idea that existed. So I can just go to that tab to request one even if the button doesn't show?

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 03:50:32 GMT

@Credit_hawk wrote:
@Gmood1 wrote:
@zerofire wrote:
@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!
BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in. Since your account is only 3 months you should wait at least another 3 or even better wait 9. Most accounts become eligible for CLI's at 1 year because they age nicely by then with BoA. BoA is a buisness bank and they are much more by the book at first with small limits but over time the sky will be the limit.
Thanks, Gmood. I had no idea that existed. So I can just go to that tab to request one even if the button doesn't show?

Normally it will only show up in that area if you are eligible. It also shows up on the main page. At least it did for me the last time. Limit was $5000 in December 2015. Now it's $24,200. The increases ranged from. $5000 to $7000 at a time.

Re: BOA Credit Limit Increase Button

iv — Sun, 23 Oct 2016 04:09:27 GMT

@zerofire wrote:
BoA has recently redesigned their website this year and completely removed the button. The only way to have the credit limit changed now is by calling in.

Eh? It's still there (not a button, but a small text link)... and if you hit it, it pops right back up 90 days later:

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 04:46:43 GMT

Not true. You can still request a CLI via your online banking session. I looked at my account today and the option to make the request wa still there.

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 05:25:32 GMT

I have the button... right now. Should I hit it? Is it a hard pull for sure?

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 05:42:22 GMT

@Anonymous wrote:
I have the button... right now. Should I hit it? Is it a hard pull for sure?

Yes it is a HP. Request what you desire(AKA shoot for the stars). It will counter offer. It has given me one each time I've tried. Good luck

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 05:53:35 GMT

Cool. I shot for the moon and asked for $20,000. I got $12,600..... that's a $3100 increase. Hopefully the decrease in my utilization outweighs the effect of the HP.

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 06:05:20 GMT

@Anonymous wrote:
Cool. I shot for the moon and asked for $20,000. I got $12,600..... that's a $3100 increase. Hopefully the decrease in my utilization outweighs the effect of the HP.

Congrats!! I've taken 3 HP's this year for BoFa. TU still hoovers around 770. The HPs don't hold as much weight as some would lead you to believe.

Enjoy the extra padding.

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 06:13:24 GMT

A few minutes ago I got an alert on my phone from CK saying that my score was updated. I lost a whole 2 points for tonight's HP. No big deal.

Re: BOA Credit Limit Increase Button

Gmood1 — Sun, 23 Oct 2016 06:28:05 GMT

Yeah I'd take those CK scores with a pound of salt. Lol
The Vantage scoring has me at 810 on all three CBs. Not even close to my Fico scores.You may not lose a point at all with Fico scores. Sometimes mine actually go up a little.. weird. If l do drop a couple, they return in a couple of months.
.

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 06:31:23 GMT

Yeah. I know. LOL

On Monday I was going to do another CCT 1 dollar trial and see.

Re: BOA Credit Limit Increase Button

Anonymous — Sun, 23 Oct 2016 11:32:07 GMT

@Credit_hawk wrote:
Hey guys,

I wanted to know how long I have to wait to be able to get a CLI on my Cash Rewards card. I got the card 3 months ago and am about to have my third statement cut. How long was it until you guys were able to get a CLI or how long until that fabled button popped up? Is it even necessary to wait for the button or can you just call. My limit is far too low and I keep hitting the ceiling. Thanks!

I hit the button early in my relationship with BoA. I was told by a Credit Analyst to wait 6 months for best offer. Good luck!