topic Re: Does BofA CLI request result in a hard pull? in Credit Cards

Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 17:50:34 GMT

Hi, all.

I'm wondering if BofA pulls hard when you request a CLI. When I'm logged into their site and go to my CC accounts, there's always a link that says "Request a credit limit increase" or something like that. Is this what Forum folks refer to as the "luv button"? And if I were to click on it, would it result in a hard pull? Both of my BofA cards are over five years old and have been automatically increasing by at least $3000 per year, CL-wise. I have < 1% UTI on one and 0% on the other.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 17:52:19 GMT

No, the luv button is a soft inquiry. UNLESS they decline you and you ask for a manual review. They will tell you ahead of time if it will be a hard.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:20:58 GMT

Definitely not a hard pull.

In fact, I'm not so sure it even does a true soft pull at that moment, as they don't seem to show up in the 'PROMO' category of my credit report on the date applied for. They may just look at the most recent soft pull they did on you for promo reasons.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:26:06 GMT

It's been no more then a soft pull for my wife everytime she's tried. She's been stuck at 12,000 for a couple of years. When she pushed the button it always says she'll be contacted in so many days and then the letter says her credit limit is in line with her income. But at least it's never been a hard.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:28:23 GMT

watchnerd wrote:
Definitely not a hard pull.

In fact, I'm not so sure it even does a true soft pull at that moment, as they don't seem to show up in the 'PROMO' category of my credit report on the date applied for. They may just look at the most recent soft pull they did on you for promo reasons.

Thanks... I'll give it a shot and see what happens. I'd love for my BofA Visa to match my BofA MC limit of $20,600.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:31:40 GMT

Do you know if this is true of their FIA managed accounts as well? I was always auto CLI'd but those have become much slower of late. Ideally I'd like them to bring me up to 10k even, but I am willing to wait until Jan when I have a raise.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:32:34 GMT

@Anonymous wrote:

@Anonymous wrote:
Definitely not a hard pull.

In fact, I'm not so sure it even does a true soft pull at that moment, as they don't seem to show up in the 'PROMO' category of my credit report on the date applied for. They may just look at the most recent soft pull they did on you for promo reasons.
Thanks... I'll give it a shot and see what happens. I'd love for my BofA Visa to match my BofA MC limit of $20,600.

The only cap I've really found with BOA regarding CLIs is the line "You have sufficient credit with us [BOA] for your income. We'll review periodically for increases." We started getting this once we had 2 x $30K cards, and 1 x $11K card with BOA. We'll see if it goes away in time.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:39:16 GMT

@Anonymous wrote:
Do you know if this is true of their FIA managed accounts as well? I was always auto CLI'd but those have become much slower of late. Ideally I'd like them to bring me up to 10k even, but I am willing to wait until Jan when I have a raise.

My BofA VISA is FIA managed and it's always been a soft pull. When I've hit the luv button and left the requested amount blank - they've always given me 20%.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:41:01 GMT

@Anonymous wrote:

@Anonymous wrote:

@Anonymous wrote:
Definitely not a hard pull.

In fact, I'm not so sure it even does a true soft pull at that moment, as they don't seem to show up in the 'PROMO' category of my credit report on the date applied for. They may just look at the most recent soft pull they did on you for promo reasons.
Thanks... I'll give it a shot and see what happens. I'd love for my BofA Visa to match my BofA MC limit of $20,600.

The only cap I've really found with BOA regarding CLIs is the line "You have sufficient credit with us [BOA] for your income. We'll review periodically for increases." We started getting this once we had 2 x $30K cards, and 1 x $11K card with BOA. We'll see if it goes away in time.

Just tried... the credit card account section is DOWN for "enhancements." Told me to try again in 12 hours.

Re: Does BofA CLI request result in a hard pull?

haulingthescoreup — Sun, 20 Apr 2008 18:47:12 GMT

@Anonymous wrote:

Just tried... the credit card account section is DOWN for "enhancements." Told me to try again in 12 hours.

D'oh!

Keep us posted, please. We love hearing about CLI's.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 18:53:49 GMT

@haulingthescoreup wrote:
@Anonymous wrote:

Just tried... the credit card account section is DOWN for "enhancements." Told me to try again in 12 hours.
D'oh!

Keep us posted, please. We love hearing about CLI's.

Although I won't be trying in 12 hours (3:00 a.m. is generally reserved for sleeping), I'll try tomorrow and let you know how much, if any, lovin' they send my way.

Re: Does BofA CLI request result in a hard pull?

Anonymous — Sun, 20 Apr 2008 20:10:31 GMT

@Anonymous wrote:

@haulingthescoreup wrote:
@Anonymous wrote:

Just tried... the credit card account section is DOWN for "enhancements." Told me to try again in 12 hours.
D'oh!

Keep us posted, please. We love hearing about CLI's.
Although I won't be trying in 12 hours (3:00 a.m. is generally reserved for sleeping), I'll try tomorrow and let you know how much, if any, lovin' they send my way.

Turns out the BofA online credit card account services are back and jolly!

I requested a CLI on my BofA Visa (15,800/0) and left the amount requested BLANK. In 15 seconds, I got approved for a new CL of 19,000. I probably couldn've requested more, but I don't really need it at this time.

Re: Does BofA CLI request result in a hard pull?

haulingthescoreup — Sun, 20 Apr 2008 20:12:06 GMT

Well, there you go! congrats