topic Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America? in Credit Cards

Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

QuestionAce — Tue, 28 Oct 2025 02:28:03 GMT

I currently have $80,000 with my only BOA credit card. The total BOA credit limit for a customer is $99,900. I want to apply for a new BOA credit card, so I can use at least $20,000 for the 15 month APR offer.

Should I reduce my current credit limit to qualify for a new card or just apply outright then reallocate credit limits from one card to another. Has anyone successfully done this? What was your approach and outcome? What would you do in this scenario?

Thank you, Cheers!

Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

DakotaM — Tue, 28 Oct 2025 02:39:18 GMT

I would just apply for a new card with them. BoA is known to sometimes automatically reallocate credit limit amongst their cards with them when you apply. It's happened to me once.

Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

Priory_Man — Tue, 28 Oct 2025 10:41:14 GMT

@DakotaM wrote:
I would just apply for a new card with them. BoA is known to sometimes automatically reallocate credit limit amongst their cards with them when you apply. It's happened to me once.

Same on my last app with them too, they gave me a little new credit then shifted some from my other card. As @DakotaM says just app for a new and let them move the funds around.

Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

coldfusion — Tue, 28 Oct 2025 11:42:44 GMT

As others have said, just go ahead and apply for an additional card. You can reallocate limit using your current card as the donor after an approval if needed.

BTW the $99.9K BoA TCL cap you referenced is a soft one, depending in part on your current relationship with BoA/Merrill you may be able to exceed it.

Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

unsungivy — Tue, 28 Oct 2025 19:50:00 GMT

I vote new card. As long as you don't mind a new hard pull, you may as well get a SUB!

Re: Need Advice for BOA: Lower My Credit Limit or Apply for a New Credit Card for Bank of America?

Total_Synergy — Wed, 29 Oct 2025 15:03:40 GMT

Apply and then re-allocate as needed. Enjoy!