topic Re: DoC reporting BoA to stop pulling HPs for CLI requests in Credit Cards

BoA to stop HPs for CLI’s

Thatficotho — Thu, 17 May 2018 18:46:25 GMT

This starts Monday, according to DoC. This is true for Credit Line Increases & Cash Advance Increases

See: https://www.doctorofcredit.com/bank-of-america-to-stop-hard-pulling-for-credit-limit-increases/

DoC reporting BoA to stop pulling HPs for CLI requests

coldfusion — Thu, 17 May 2018 17:52:51 GMT

Doctor of Credit is reporting that as of next Monday BoA will stop making HPs in response to requests for cash advance and credit limit increases.

https://www.doctorofcredit.com/bank-of-america-to-stop-hard-pulling-for-credit-limit-increases/

I'll probably put this to the test and request a smallish CLI on my BBR on Monday, as I'm eligible to request one.

(I expect a denial but I'll request anyway.)

Re: DoC reporting BoA to stop pulling HPs for CLI requests

Anonymous — Thu, 17 May 2018 18:33:15 GMT

Well this is great news. I won’t mentioned my past HPs for CLI. Oh wait, I just did. Lol.

Re: DoC reporting BoA to stop pulling HPs for CLI requests

Anonymous — Thu, 17 May 2018 18:33:40 GMT

Nice!!! I hope others follow.

Now, if they could stop doing HPs for new applications

Re: BoA to stop HPs for CLI’s

Anonymous — Thu, 17 May 2018 18:56:51 GMT

Thanks for sharing! This is good news for a lot of our members!

Re: BoA to stop HPs for CLI’s

QuakerOatmeal — Thu, 17 May 2018 19:04:57 GMT

Very exciting! Just coming up on 6 months now on one of my accounts!

Re: BoA to stop HPs for CLI’s

Adkins — Thu, 17 May 2018 19:21:57 GMT

I hope K's not paying attention to this thread...

Re: BoA to stop HPs for CLI’s

K-in-Boston — Thu, 17 May 2018 19:43:05 GMT

@Adkins wrote:
I hope K's not paying attention to this thread...

Argh!!!! Just did one at the end of April. Still don't think they'll let me get past $99,900, though. At least now I know it won't hurt to ask and hopefully I'll avoid another HP when I combine my Cash Rewards into my Travel Rewards at some point this summer. Of my 15 TU inquiries in the past 2 years, 7 are Bank of America CLI requests. (Also have pair of EX pulls from them in the past 2 years.)

Re: BoA to stop HPs for CLI’s

Peteyglad — Thu, 17 May 2018 19:43:59 GMT

I just took a HP a few weeks ago for a CLI. Maybe I can get them to take it back? LOL. On the bright side it was an increase of 20k so it may have been worth it.

Re: BoA to stop HPs for CLI’s

K-in-Boston — Thu, 17 May 2018 19:48:56 GMT

@Peteyglad haha not happening. Congrats on your CLI, though. I had a really good run the past 17 months; unfortunately this last time resulted in me getting a $5600 CLI on one card, then a request for a CLI on a 2nd card went pending and they gave me $4400... but they took $10k from the previous card to do it... putting me right back at $100 shy.

Re: BoA to stop HPs for CLI’s

Anonymous — Thu, 17 May 2018 20:04:14 GMT

Hmm nice. Guess I’ll request a CLI on 3 of my cards Monday although I was denied a month ago lol

Re: BoA to stop HPs for CLI’s

MrDisco99 — Thu, 17 May 2018 20:07:33 GMT

If anyone tries this please be sure to report back.

I’ve got the CLI link on my accounts but I’ve been waiting until I’m ready to app (again) for the Premier Rewards card so I could get them to pull TU for all of it. However if they don’t pull I may just go for the CLI now and just take the EX pull for the new app later.

Re: BoA to stop HPs for CLI’s

jaytatis — Thu, 17 May 2018 20:19:08 GMT

i just recently recieved an Auto CLI from them...

should i be good to go to request on monday? lol

they are about to get pounded out

Re: BoA to stop HPs for CLI’s

simplynoir — Thu, 17 May 2018 20:33:19 GMT

If only Chase would follow suit...

Re: BoA to stop HPs for CLI’s

Anonymous — Thu, 17 May 2018 20:43:57 GMT

This is great news! I wonder if it'll be a 6 month cycle per card, or per account (like AMEX)?

@simplynoir

Re: BoA to stop HPs for CLI’s

Loquat — Thu, 17 May 2018 20:52:26 GMT

Well this is good news. I've got 4 cards with them now. Would be nice if they'd extend the no HP to those wanting to reallocate limits.

Re: BoA to stop HPs for CLI’s

Anonymous — Thu, 17 May 2018 21:05:02 GMT

Oh man if this is true I will be hitting them up for an increase on my BBR (itself opened from credit reallocation from my Visa back in '09). I will, of course, let you all try it first and report back Daddy isn't trying to get a bunch of HPs.

Re: BoA to stop HPs for CLI’s

Credit-hoarder — Thu, 17 May 2018 22:28:39 GMT

SWEET! My last increase was right before Christmas last year. I have the link right now so I might test the waters on this next week and ask for another $5k or $10k. Even though I don't really need it- it would put me closer to having my first $50k CL.

Re: BoA to stop HPs for CLI’s

SOGGIE — Thu, 17 May 2018 23:42:13 GMT

Great info OP! BOA will be inundated with requests beginning next week for sure.

Re: BoA to stop HPs for CLI’s

Anonymous — Thu, 17 May 2018 23:32:59 GMT

Wonder what motivates this. I assume that there is no great gain for BoA getting myFico-like people requesting CLIs that they will never use, and normals that actually need a credit line increase probably don't know or care about HPs. So maybe it is just cost-saving, guessing that doing a SP is cheaper than a HP