BOA Recon Failure

[baller4life]

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@Anonymous wrote:

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@baller4life wrote:

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@Anonymous wrote:

Its all good.  Older Threads are still in play!  Maybe like Baller said they will come back and enlighten us with any updates.  

I am interested as well.  I think by the time I got my BoA it was the beginning of June!  So I still have a little time to find out. 

I love the card, their app and website...  But the $500 limit is very limiting .. 

But I know in time it will grow .. I just hope that it grows YUGE! 

I am patting myself on my own back for working so hard on my credit. .. obstacles and all! 

I just wish I started this earlier .. but I am glad I finally woke up. 

I will come back to this post with any new updates in terms of BoA... 

My lowest and littlest card in my lot... it is sad, lonely and small! 

Bwahhhh ! 

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It will grow like wildfire. I would suggest charging and pif monthly for the next 3 months. The analyst told me they love seeing that on their accounts. If you are willing to take the TU inq to unsecure early, you can give it a go at 6 months. Which is when mines unsecured with a hp. Or you can wait and let it unsecure on its own(usually at the 10-12 month mark). Mines was $300 and I got them to match my NFCU $10k limit(at the time) when I got it unsecured. BOA has been very good to me. It's now $20k.

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It looks like by the time they processed my paperwork for the secured card it was effective June 6th.  So I am only at 2 months now. 

That is great to know that they do a TransUnion Pull to unsecure early.. that would put me around Dec 6th give or take.  So far I have been doing a PIF for July and will do again coming up on August 25th.  I am not sure if I am going I will ask for an early release or if I will wait.  

Question did you ask for the amount of the increase ?  Or did they just look at your NFCU limit and they did it on their own? 

Do fill us in on that data point. 

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If they auto unsecure you the computer decides. If you call in early and take a hp to unsecure, once they approve you to be unsecured, you can then ask for the amount you want. I had to call back and talk to a second analyst because the first one unsecured and cli me from $300 to $500 lol.

[12njoy]

@FutCRNA,

agreed, I'm no fan at all.  I wasn't going to leave a dime to their discretion.  They got notta from me when the transfer was complete.

[Credit-hoarder]

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@12njoy wrote:

I guess I'll chime in on this old thread as well   I had a co worker apply for a secured card with BofA (not this particular product) and they kept the secured card for 12 months with a $1,500 limit.  Requested unsecured status after 12 months and approved with a cli to 5k.  Three months after that, I had them apply for the Alaska Airlines card and received a whopping 15 starting limit.  Even I was impressed with that since I never got a starting limit from BofA that high.  BofA is great with cli's IMO.

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My opinion on this is neutral. I tried for one last CLI on my FIA card before the switch to Elan, was denied by the computer, went to manual review which was forwarded to a senior analyst for final approval, then denied again for too many balances on accts. The SA stated the amount of balances I had at the time (5% UTIL across all accts) plus my profile justified not giving an increase from $7.5K to $12K. The funny part was I app-ed for the B of A Cash Rewards the same day the second FIA denial letter was mailed out and was instantly approved for $5.5K...? I'm glad I was approved but had I known I was denied already for the FIA increase I probably wouldn't have app-ed for B of A CR. For now I'm sticking with the B of A card and the Elan Fidelity Visa  to see if I'm treated any better either or both in the future.

[morgacj2004]

They unsecured at 8 months and gave me a 1k CLI. Honestly I do not remember getting the $100 bonus but may have

[Indycoltsfan]

It's funny when people think a 3K SL is crappy - all different perspective, I guess.  If it's crappy, don't accept it, close it out before you use it.  

[Credit-hoarder]

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@Indycoltsfan wrote:

It's funny when people think a 3K SL is crappy - all different perspective, I guess.  If it's crappy, don't accept it, close it out before you use it.  

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Yes it is all about perspective For example I have limits that go from $1K to $19K on my major CC's, so I'd GLADLY take a $3K SL if it were to get my foot in the door with a lender I was trying to start a banking relationship with. Heck---I would have even gladly taken a $3K SL on my recently acquired AMEX ED card instead of the $1K I was given (which I also have a $17K BCE BTW) b/c then I could take advantage of the 18 month 0% BT offer in the pre-qual email they sent me---can't do that with $1K.