topic Re: BofA Combining CL in Credit Cards

BofA Combining CL

resilient — Wed, 21 Aug 2013 16:07:33 GMT

Hey family. I recently attained $135k available credit on cards. I have two $15k BofA cards, one Visa and one MasterCard. I want to have a $30k card, and one that reports the limit. My Visa doesn't. Will BofA allow me to move my $15k from my Visa to my MasterCard, so that I can accomplish this?

Side Note: Citi, even though I burned them 9 years ago, and on multiple cards, only recently denied me for a card because of too many inquiries. So, in February-ish, I am going to reapply to get back in!

Re: BofA Combining CL

Anonymous — Wed, 21 Aug 2013 16:33:59 GMT

I learned the HARD way. You can move credit from one B of A card to another however, it will result in a HARD PULL on your report..I made the mistake or should I say they may the mistake of pulling my report without informing me when I moved credit from my BOFA rewards card to My Merrill Lynch. The rep did not tell me that a report would be pulled and i didnt find out until I got a alert from Credit Secure. Needless to say I contacted them and they said I should have been informed. They said as a common courtesy they would remove it, but any changes in limits are HARDS. It took 3 months to have that inquiry removed.!

Re: BofA Combining CL

resilient — Wed, 21 Aug 2013 16:37:41 GMT

Thanks for the feedback. I will wait until some inquiries fall off too, so that way I can ask for a increase at the same time. At least they removed the inquiry though!

Re: BofA Combining CL

navigatethis12 — Wed, 21 Aug 2013 16:40:26 GMT

@resilient wrote:
Thanks for the feedback. I will wait until some inquiries fall off too, so that way I can ask for a increase at the same time. At least they removed the inquiry though!

I would say that's a good idea. Ask for an increase first and then if you don't get what you want, move the limit over.

Re: BofA Combining CL

Anonymous — Wed, 21 Aug 2013 16:56:42 GMT

BTW, You may not be able to move the entire line over. I asked about that and I was told I would be down graded to a platinum plus card if you do not keep 5k on the card

Re: BofA Combining CL

resilient — Wed, 21 Aug 2013 16:58:25 GMT

Well, I want to move the entire thing over, and close the Visa since they won't report the limit. The World MasterCard would report $30k...which would be great!

Re: BofA Combining CL

resilient — Sat, 07 Sep 2013 14:07:33 GMT

Partial success! I paid $5k on my BofA Siggy and got it down to zero yesterday. I called to move the $15k from my Siggy but was only able to move $14.5k, because they have to have at least $500 on the card, even if I am closing it. So I guess I'll ask for CLI for the other $500. Bummer. Almost a $30k limit is okay with me.