Very sorry to hear about the BoA accounts closures hershey 
Although I am technically a BoA fan overall, I did get an ~$17k CL slashed to about $9k with them, only a few years ago, on the best cc account I had with them...that still smarts for me, to this day...
@galahad15 wrote:Very sorry to hear about the BoA accounts closures hershey
Sorry to hear, galahad. What happened?
@baller4life wrote:
BOA is known to close accounts or cld. You don't hear about it as often as Barclays. But, it does happen. In fact it can happen with any lender. That is why they sp our reports monthly to evaluate their "risk". Unfortunately when there is high util reporting or a significant lower score, they can and will take action. Sorry this happened to you. Good move to move your accounts to Navy Federal.
Yes, as baller4life says, any lender can do this, although among the myFico population at least, some lenders seem much more prone than others.
Also, it will always happen with no notice when there are certain perceptions of risk, if the bank thinks something is "wrong" with their risk on the account, they won't want to allow any transactions to continue
OP could you please share what your utilization was on the card and total debt.. because 30% of say $100k is far more alarming to banks than 30% of $20k. It seems that adverse action might be more common at around $10k and up revolving debt; regardless of utilization percent. At least from the anecdotal reports where no other reason was apparent. It's helpful to be able to compare our usage and profiles so we can take measures. I hope you get your card reinstated.
