I've had this BOA Merril Lynch Visa+ card for 1 year and 19 days (12/8/16) and I got a starting credit limit of $25,000 plus got a whopping $500 cash back for using $3K on it in the first three months.
Then at the six-month mark, I asked for $50,000 and they came back (not instant I thought I was denied) and approved me for a $40,000 limit.
Then I was going to ask for $60,000 with the hopes they countered with $50,000 at the one-year mark but another MF member said he got the exact same limits as me ($25K ==>$40K) but he asked for $75,000 and they countered with $60,000.
So that's what I did I asked for $75,000 and got an INSTANT $60,000 approval.
I pulled my FICO 08 EQ yesterday and it had six hard inquiries (5/6 are one year or older and the other one was 6 months old), single digit utilization, and a 778 score.
I'm CLI spreeing today (been in the garden six months) and I just got approved for a $20,000 AMEX Blue Cash (+ $150 cash back if I spend $1K in 90 days) and hopefully, at the 61 day mark I can get that starting limit up to $30K-$35K without POI. I got a PLOC CLI with RBFCU and a PLOC and CC CLI to try with PenFed later today once they open.
Merry belated Christmas and Happy New Year to everyone.
I know some lenders allow reallocation of credit limits to other cards of the same owner......do you think you could call BOA to see if they'll extend the policy to reallocate some of your limit to my card?
BOA can kick some butt! Great limit on a great card. Happy Hoildays, indeed!
HOLY $$$$.. Congrats!