topic Re: BoA CLI??? in Credit Cards

BoA CLI???

afbar1114 — Mon, 22 Apr 2013 16:03:39 GMT

Requested a CLI on my BOA card and i got a message that says

so did i get it or should i call?

Re: BoA CLI???

LS2982 — Mon, 22 Apr 2013 16:14:57 GMT

Looks to me they are going to manually review your file for the Increase.

Re: BoA CLI???

afbar1114 — Mon, 22 Apr 2013 16:25:36 GMT

lets hope i get it...maybe ill stay with them if they give me more...

Re: BoA CLI???

navigatethis12 — Mon, 22 Apr 2013 17:03:51 GMT

I would ring. I always feel that talking to a person is better than letting them decide on their own.

Re: BoA CLI???

09Lexie — Mon, 22 Apr 2013 17:05:21 GMT

Fingers crossed!

Re: BoA CLI???

afbar1114 — Mon, 22 Apr 2013 17:07:23 GMT

declined i called...i might just pay them off and close them they refuse to give me anything but onther hand discover gave me $800 today

Re: BoA CLI???

a3quit4s — Mon, 22 Apr 2013 17:07:51 GMT

Sorry to hear

Re: BoA CLI???

afbar1114 — Mon, 22 Apr 2013 17:11:54 GMT

i am putting them thru the shredder and paying them off and going to close them... i dont need them anymore

Re: BoA CLI???

a3quit4s — Mon, 22 Apr 2013 17:16:34 GMT

What was your limit prior to asking for 8k if you don't mind me asking

Re: BoA CLI???

jsucool76 — Mon, 22 Apr 2013 17:16:56 GMT

Sorry. :-(

Whats your current limit? They just gave me 700,hope I'm not stuck there forever

Re: BoA CLI???

afbar1114 — Mon, 22 Apr 2013 17:22:32 GMT

it is $2500 i started out at $800 when i first got the card but my chase cards have more then that so i may focus on those instead...i plan on paying down all my cards to get a UTL of 10-20% then ask for CLI on my chase cards

Re: BoA CLI???

CS800 — Mon, 22 Apr 2013 17:24:14 GMT

With BOA it's a hit or miss. I asked for a CLI online and someone called me,went over my file and gave me a CLI with a SP. Knowing BOA, I was expecting a flat out denial. YMMV Sorry about your denial from them What was your current CL?

Re: BoA CLI???

a3quit4s — Mon, 22 Apr 2013 17:27:20 GMT

Did you already shred it? I mean you could always ask them if there is a CLI they are more comfortable giving you? I haven't know BoA to just want to jump up and give your highest limit. Maybe they can match the Chase?

Re: BoA CLI???

navigatethis12 — Mon, 22 Apr 2013 17:29:38 GMT

You could try again. FIA denied me and after about three weeks I got a friendlier person who approved it less than one minute. Closing them won't do you any good.

2500 seems to be in line with the other cards, except for the two new Chase cards you opened. Shredding the card seems a bit much.

Re: BoA CLI???

dodfire — Mon, 22 Apr 2013 17:28:40 GMT

What was your UTL % when you requested the increase?

Re: BoA CLI???

Anonymous — Mon, 22 Apr 2013 17:35:36 GMT

I think you would have had better results had you paid off the balance prior to asking for an increase. That has worked for me with BofA. I've actually found them to be generous with increases *when* my overall util has been low as well as my balance with them.

Re: BoA CLI???

CS800 — Mon, 22 Apr 2013 17:36:56 GMT

By general rule, I tend to ask for 2X my current CL with conservative banks.

Re: BoA CLI???

afbar1114 — Mon, 22 Apr 2013 17:56:27 GMT

ok so ill ask again maybe ill call back tomoorrow or so and see what they say even if i can get them to match chase

Re: BoA CLI???

RyVision — Mon, 22 Apr 2013 18:12:55 GMT

@afbar1114 wrote:
ok so ill ask again maybe ill call back tomoorrow or so and see what they say even if i can get them to match chase

Ok Afbar, you probably know how much I detest the BOA. But.... They have given you CLIs to get you to 2500. They don't often move very fast. Being they are actually granting you CLIs though, if you don't have an AF for that card, hold on to it (yes, I nearly gagged saying that, but it's in your best interest).

Here's the thing, BOA likes to see frequent PIFs. So if you've been carrying a balance on that card, and ask for a triple, it's not likely to happen. I wouldn't try to get the CLI right away after just trying. PIF a few times or so then try again for a lower CLI. They WILL eventually HP you if you ask to often in a short period of time.

Discover likes usage and they tend to like people who carry a balance. Use them (BOA and Chase) for whatever cash back program you have with them and play their game. Done right, you're more likely to get a CLI from the BOA than from Chase with a SP later, Discover again too in probably 6 or so months.

Btw, glad to see you made it out of toy limit land, and rather quickly too

Re: BoA CLI???

09Lexie — Mon, 22 Apr 2013 18:15:29 GMT

I agree with RyVision