Bank of America CLI

[Anonymous]

I started with an opening limit of $2100 around May 2020 on a cash rewards card. I requested and was approved for an increase to $3500 at some point, and have been stuck there ever since.

The problem with BOA is that it's a hard pull most times. They denied me for a CLI and a new card last year, so for now I've sock drawered the card, let a few charges automatically draft monthly, pay it down to less than 6% utlization and keep it pushing. 

[coldfusion]

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@Anonymous wrote:

The problem with BOA is that it's a hard pull most times. They denied me for a CLI and a new card last year, so for now I've sock drawered the card, let a few charges automatically draft monthly, pay it down to less than 6% utlization and keep it pushing. 

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BoA switched in April-May 2018 to using Transunion soft pulls to evaluate CLI requests.  

[SoCalGardener]

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@Anonymous wrote:

I started with an opening limit of $2100 around May 2020 on a cash rewards card. I requested and was approved for an increase to $3500 at some point, and have been stuck there ever since.

The problem with BOA is that it's a hard pull most times. They denied me for a CLI and a new card last year, so for now I've sock drawered the card, let a few charges automatically draft monthly, pay it down to less than 6% utlization and keep it pushing. 

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As @coldfusion noted, BofA does soft pulls for CLIs--and I can verify that personally.

Several months ago I wanted to ask for a CLI, but I wanted to be 100% sure first that there would not be a HP; I asked BofA directly, and was assured that there would not be, so I went ahead and pulled the trigger. No HP! Just a very nice CLI.

[csulaguy]

Screw BofA! Like the OP, I've had my account now two years, and always been stuck at $3100. It doesn't matter whether I request $90K or $100, it always gets declined. Doesn't matter whether my total utilization is under 10% or over 20%. I had a bad relationship with BofA in the past with their keep the change program, because I found a legal loophole to get my max contribution matched during a promotion, and BofA didn't like that (ended up getting all my money and the promotion with the threat of legal action, though). I kept getting letters in the mail telling me I was preapproved, then signed up for my Customized Cash Rewards, and been bucketed since inception.

Oh, and they're definitely SP. No HP with BofA for a CLI. Still cracks me up they can't even approve a $100 increase.