DW got her BoA CR card back in April with a $2500 SL, and we'd like to get a healthy CLI for it at some point. When's the earliest that she could put in a request online with hopes of success? I believe I read around here that 4 months in or after the 4th statement cut is the earliest opportunity... does my memory serve me correctly? Thanks.
@TiggerDat wrote:If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.
I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.
Yup, I'm aware of the HP. That's why I'm being cautious and asking whether BoA would even entertain the notion of granting a CLI request at the 4-month mark, so as to avoid burning an HP unnecessarily. The card has about a year remaining of 0% promo on purchases, and we'd like to put an upcoming home repair charge on it for a while. It'd be nice to have the CLI beforehand, so as not to kill the util % on that card.
@sarux3 wrote:
@TiggerDat wrote:If you can't wait for them to give one to you then you know it will be a HP right? I have had my card for over a year and have asked about CLIs and ben informed that if they do it no HP, but if you ask for it then it is an HP.
I only got it for the cash back bonus anyway, so not too concerned if they give a CLI. I ame an occasional purchase on it and then pay it off to simply keep it open. I think the last purchase I made was $2.32.
Yup, I'm aware of the HP. That's why I'm being cautious and asking whether BoA would even entertain the notion of granting a CLI request at the 4-month mark, so as to avoid burning an HP unnecessarily. The card has about a year remaining of 0% promo on purchases, and we'd like to put an upcoming home repair charge on it for a while. It'd be nice to have the CLI beforehand, so as not to kill the util % on that card.
How much is your home repair cost? If it is anything under $2,400 I'd charge it directly to the card on the 0% APR offer. Pay that down at a rapid clip, and you will likely see a CLI from BofA before too long.
Utilization? pffftt. You want to save interest cost, fund a ~$2,500 purchase and not incur a HP to get a CLI. Utilization (and the few points impact it will have) is a distant 5th place in this race. Use the full amount.
I took a BT onto my $12,700 CL BofA AMEX card last year, put $10,700 on it on a 0% offer, then started paying it down fairly rapidly . Within a month it was down to $8k, now at about $5k. Earlier this year they gave me a $3k auto CLI so the card now has a CL of $15,700.
