Approved for a BofA through Recon.

[USC08]

Got approved for a Platinum Plus, but only approved for a low limit of $700? Since I was approved for a low initial limit, should I be optimistic that this card will grow with me? Has anyone had any BofA cards that didn't get CL increased overtime? Can I get a CLI at activation? I don't know any of the terms. Can I call and find out?

Message Edited by USC08 on 11-24-2008 11:35 AM

[Anonymous]

Congrats on the approval! You could always ask about CLI when you call to activate. If they say no right now, just use it and keep it in good standing and it will certainly grow. They may want to see some usage and payment history first.

[Anonymous]

And yes, you can call to ask about the terms.

[USC08]

Thanks Stef!

[Anonymous]

Dont be initimidated by the Low CL they gave you.  This card will def. grow with you as long as you treat it right. I started off at $700 just like you and now im at $5000. so just treat it right.

[USC08]

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@Anonymous wrote:
Dont be initimidated by the Low CL they gave you.  This card will def. grow with you as long as you treat it right. I started off at $700 just like you and now im at $5000. so just treat it right.

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How long have you had the card and how often did you initiate credit line increases?

[Anonymous]

I spoke with BofA today about a decline via Recon number.  The analyst went over my app and asked about a late payment from 2002 on a car loan.  I told him I had purchased a CD to borrow against in order to establish "auto history" which is completely true.  He then said it looked like I had no real CC history of which I agreed.  I have a few with low limits and rarely use them because my company gave me an amex corp. about 5 yrs. ago which is what I use.  He then asked me to fax over a pay stub and a bank statement so he could get it "put through".  Not sure if that that means approved or not and no idea about CL.  Do you really think this means I'm approved?  With EQ of 716, TU of 668 and EX:? what kind of limit do you think I could expect?

[Anonymous]

He also said that my pay stub was most important for it to go through (income verification) and that from what he saw on my CR it looked like we needed to do business together.