topic Re: Bank of America CLI message in Credit Cards

Bank of America CLI message

Uncle_Money — Mon, 07 Nov 2011 05:05:39 GMT

Hi All,

I have the BOA/Amex acclerated rewards card with a $15K limit. I just hit the luv button asking for a $10,000 increase. I got the message to call for an instant decision. If this was declined, wouldn't I have received the famous 7-10 day message? What do you think will happen if I don't call?

Re: Bank of America CLI message

scottwagnon — Mon, 07 Nov 2011 06:35:12 GMT

if they deny you, they will send out a denial letter on day three. if you are approved on day three (this is when they decide without call i believe), you will see the reflected change on your activity page. if you do not see a reflected change on day three, send them a message asking about any letter sent out and they will tell you that one was sent out.

Re: Bank of America CLI message

boomhower — Mon, 07 Nov 2011 09:45:22 GMT

That is BOA's way of saying approaved my friend! Several members here have gotten that message reciently and without fail it has been an approval. I don't know why they don't just say approved but that's what it is.

Re: Bank of America CLI message

OhioCPA — Mon, 07 Nov 2011 10:06:38 GMT

I take it to mean that they want you to call to discuss your request. During the last year I have asked for an increase via the button. On the first request, I did call in and was approved after answering a few questions about my credit report. The second time I did not call in and was approved for the requested increase. On the third request, I didnt call and I was denied. On both the first and second request it was a soft pull on my credit report, the third was a hard pull.

Re: Bank of America CLI message

Anonymous — Sun, 13 Jan 2013 20:13:55 GMT

Is the first one always a sp because once I pay my bill off I'm gonna ask for 1000 more

Re: Bank of America CLI message

Anonymous — Sun, 13 Jan 2013 20:26:37 GMT

All BofA customer initiated requests are HP

Re: Bank of America CLI message

Anonymous — Sun, 13 Jan 2013 20:47:02 GMT

I got this last month as well.

Requested to go from $800 to $5,000. It told me to call in...I never did, checked my account the next day and my credit line was $5,000. I would say if you don't see an increase in your CL in the next few days, then call. If you don't want to call then just wait a day or two and I bet you it'll show up automatically.

Re: Bank of America CLI message

Anonymous — Sun, 13 Jan 2013 21:15:16 GMT

@Anonymous wrote:
All BofA customer initiated requests are HP

I'm reading posts by people on here who only got a sp

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:19:04 GMT

really no way to know with BOA. I got an instant approval CLI online from 3K to 6K, that was a HP. Some people get instant CLI's without the HP. Some people are asked to call in, don't, and still get the CLI without a HP. Sometimes they don't callin and get the CLI with a HP. Wish i had some idea of what causes them to want a HP.

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:36:36 GMT

i got that message when i hit the luv button. Its b od a way of discussing the amount you asked for........it should just show up online if you wait without calling

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:47:01 GMT

If I had to make an assumption I'd say it depends on how much your asking for based on your limit... But that's probably wrong

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:51:27 GMT

colindidit i think you hit it right on the money, usually its approved but not for the amount requested.

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:54:39 GMT

@Anonymous wrote:
colindidit i think you hit it right on the money, usually its approved but not for the amount requested.

Not in my case. I asked for $5000 when my CL was only $800, hoping for a counter offer but instead got that message to call. I did not call, but the very next morning I logged in and to my surprise my CL was the full $5000 that I asked for.

Made me wish I had asked for even more!

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 00:57:52 GMT

I just asked for 500 more and I just got the 7 to10 day message :/ grrr. Oh well please god let it have been a soft pull

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 01:15:21 GMT

I got a increase from 1500 to 3000 a couple of days ago without a hard pull. I asked for 5000 but they offered 3000. Oh well

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 01:22:49 GMT

I recently pressed the Luv Button on my BOA 123 card for the second time in a year sofe my previous cli and requested an extra $1000 cli on my account. I got the message to call in for my request. I decided not to call in. 2 days later I found out I was declined. Still waiting for the letter in the mail telling me the reason for my denial.

Re: Bank of America CLI message

navigatethis12 — Mon, 14 Jan 2013 01:41:18 GMT

@Anonymous wrote:
I recently pressed the Luv Button on my BOA 123 card for the second time in a year sofe my previous cli and requested an extra $1000 cli on my account. I got the message to call in for my request. I decided not to call in. 2 days later I found out I was declined. Still waiting for the letter in the mail telling me the reason for my denial.

You can always ask for a reconsideration. You should always ring in if an application or credit limit request asks you to. Maybe they want to ask some questions about what is on the report and you can't answer them unless you talk to them. I rang in and the limit went from 2000 to 7500.

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 04:05:38 GMT

I might also even though it didnt tell me to call in. The 28th all my credit card debt will be gone. Do you think if I call underwriting and tell them look I already scheduled the payment to pay in full and I'm gonna have all my debts paid off in two weeks. You can't just give me the extra 500?
I have yet to hit 2000 on a major credit yet.. And I was hoping boa would help me out lol

Re: Bank of America CLI message

mikka1 — Mon, 14 Jan 2013 05:29:24 GMT

YMMV with BofA.

I hit the luv button in April asking CLI from $500 to $1000 - got this "Please call" message, but had lots of stuff to do for work at that point, so happily forgot about the request. A person from BofA called me by himself several days ago... just to let me know, that they can't grant me this increase because of my limited history. I started to explain him that the card for $500 is completely useless for me as I can't even buy a plane ticket on it and if they can't grant me $1000, even $750 might be a dealbreaker - he declined even $250 increase.

The worst thing is that it was a HP.

I have never actually tried their luv button anymore (and probably never will...)

Re: Bank of America CLI message

Anonymous — Mon, 14 Jan 2013 06:22:53 GMT

Oh god I have a bad feeling ill get a HP