topic Re: BofA APP HP and CLI on other BofA cc question in Credit Cards

BofA APP HP and CLI on other BofA cc question

Anonymous — Sat, 21 Oct 2017 17:54:44 GMT

I'm thinking of applying for the BofA premium travel card. If I do apply, can I try for a CLI on my bofa cash rewards card with the HP from the travel card app? Or is it a different HP all together?

Re: BofA APP HP and CLI on other BofA cc question

AverageJoesCredit — Sun, 22 Oct 2017 01:41:36 GMT

Actually it might be better to request a cli first on your cash rewards and then , afterwards , maybe give a few days, app the travel card. Boa has been known to use the most recent hp from a cli request upwards to 30 days after on new aplications Thats how i would do it anyway.

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Sun, 22 Oct 2017 16:40:24 GMT

You dont think trying for a cli with the cash rewards would potentially lower the SL on the travel card if they see a recent HP w/bofa? And I guess in theory you can alwayys try to do two cli's with bofa with one HP when you have two or more cards with them?

Re: BofA APP HP and CLI on other BofA cc question

K-in-Boston — Mon, 23 Oct 2017 15:53:52 GMT

If you apply for a new card, they'll usually use that Experian pull for up to 30 days for any additional products or credit line increases. If you ask for a credit line increase, they'll usually use that TransUnion pull for up to 30 days for any additional products of other credit line increases. I got a new Cash Rewards card in June after a CLI increase on another card on the same pull, and I got CLIs on 2 cards in September after applying for the Premium Rewards card with no additional pulls.

The order probably doesn't matter that much, but since they can and do reallocate credit lines automatically when you apply for a new product, it may be a safer bet to first apply for a new card, then request a credit line increase on the other card(s). That would be especially helpful if they reallocated your line(s) to open the new card. Best of luck with the app and CLI request. Don't be bashful when asking on the CLI for whatever amount you'd be comfortable having; they will always counter-offer if you're eligible for an increase.

Re: BofA APP HP and CLI on other BofA cc question

CreditCuriosity — Mon, 23 Oct 2017 20:37:04 GMT

As others stated usually a pull is good for 30 days for either a CLI across cards or a new Card and vice versa.

Re: BofA APP HP and CLI on other BofA cc question

DeeBee78 — Mon, 23 Oct 2017 21:21:40 GMT

@Anonymous wrote:
You dont think trying for a cli with the cash rewards would potentially lower the SL on the travel card if they see a recent HP w/bofa? And I guess in theory you can alwayys try to do two cli's with bofa with one HP when you have two or more cards with them?

Not necessairly. BoA could also pull some of your existing limit to open the Premier Rewards card, as they're known to do.

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Mon, 23 Oct 2017 21:52:13 GMT

Awesome, thanks everyone for the feedback...cant figure out what makes more sense---cli or app first? Ugh

Re: BofA APP HP and CLI on other BofA cc question

DeeBee78 — Mon, 23 Oct 2017 22:04:27 GMT

@Anonymous wrote:
Awesome, thanks everyone for the feedback...cant figure out what makes more sense---cli or app first? Ugh

Depends on what bureau you want them to pull. They almost always use TU for CLI's, and EX for new apps.

When I did my BoA 123 Cash Rewards app, I was approved for $9,000, then went for a CLI on my Better Balance Rewards, which was declined. I was still able to move $11,000 from my BBR to the 123 with no issues, making a $20,000 card.

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Mon, 23 Oct 2017 22:34:40 GMT

Well my TU is higher for some reason--793 vs 781 for Experian...

Re: BofA APP HP and CLI on other BofA cc question

AverageJoesCredit — Mon, 23 Oct 2017 22:47:58 GMT

With a 793 and 781, not much difference lol. If you want ill swap my scores with you and ill app for ya

Re: BofA APP HP and CLI on other BofA cc question

kilj0y — Tue, 24 Oct 2017 15:41:22 GMT

Would this still apply if I had my TransUnion and Experian frozen, and they pulled my Equifax. Would they use that Equifax for the next 30 days?

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Tue, 24 Oct 2017 16:09:10 GMT

You're planning on doing both if i read correctly (new app and CLI), it doesnt really matter. I would apply first then do the CLI.

Re: BofA APP HP and CLI on other BofA cc question

K-in-Boston — Tue, 24 Oct 2017 19:47:13 GMT

@kilj0y wrote:
Would this still apply if I had my TransUnion and Experian frozen, and they pulled my Equifax. Would they use that Equifax for the next 30 days?

Not sure on that as it's not something we see very often. You will be denied credit if your TU and EX reports are frozen, so that would be more of a question for the credit analyst when you call them. Probably best to just unfreeze before applying.

Re: BofA APP HP and CLI on other BofA cc question

SunriseEarth — Tue, 24 Oct 2017 22:40:38 GMT

@Anonymous wrote:
I'm thinking of applying for the BofA premium travel card. If I do apply, can I try for a CLI on my bofa cash rewards card with the HP from the travel card app? Or is it a different HP all together?

IME, new apps pulled EX and CLIs pulled TU for BoA. Of course, there is the perk of having both pulls age at the same time, so it might make sense, even if one pull won't cover everything you need.

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Wed, 25 Oct 2017 14:45:33 GMT

So did OP pull the trigger?

Re: BofA APP HP and CLI on other BofA cc question

kilj0y — Wed, 25 Oct 2017 16:43:06 GMT

@K-in-Boston wrote:
@kilj0y wrote:
Would this still apply if I had my TransUnion and Experian frozen, and they pulled my Equifax. Would they use that Equifax for the next 30 days?
Not sure on that as it's not something we see very often. You will be denied credit if your TU and EX reports are frozen, so that would be more of a question for the credit analyst when you call them. Probably best to just unfreeze before applying.

Oh I already applied and then called in when I got my denial based on frozen reports and they went and pulled EQ since it was the only one not frozen at the time, I guess the only way to know for sure is to call back in and request a CLI.

Thanks though.

Re: BofA APP HP and CLI on other BofA cc question

Anonymous — Thu, 26 Oct 2017 01:05:27 GMT

I have not pulled the trigger yet..might wait until Jan, should have 800's across the board then...and I'm still not sure if this is the card or if I should go csp or csr...still have unanswered questions.....I doubt I'll be able to wait though..will keep you posted..