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Bank of America CLI tips

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John95
Member

Bank of America CLI tips

Hi!
I have been my Bank of America Cash Rewards visa card for over 2 years and i always pay in full on time.
My current limit is $11k and i want to increase it to $25k.
It’s been around 7 months since I requested a CLI.Now everytime I request a CLI they say my current limit is enough based on my balance.
What should I do now to get the CLI?
Fico Score 770
Income $76k
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Bank of America CLI tips

How much per month do you spend on the card on average? If it's not a significant amount of your $11k limit, they may feel your CL is sufficient for your spending.


If they raise your CL they have to allocate cash reserves equal to a percentage of that new limit to a reserve per the lending laws, and that's money they can't extend to other customers who may be spending far more and therefore have a greater need for higher limits.

 

if you're running $8-9k through the card each month, then your odds of an increase would probably be really good. If you only use a small portion, then raising it isn't really necessary as you aren't even approaching the limit you already have.

Message 2 of 3
coldfusion
Community Leader
Mega Contributor

Re: Bank of America CLI tips

a) put significant spend on the card monthly, or

b) deposit enough assets in either a BoA or Merrill account to qualify as a Preferred Rewards client.

(5/2025)
FICO 8 (EX) 850 (TU) 850 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 3 of 3
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