It is my understanding BoA limits total exposure to 1/2 of reported income.
@Anonymous wrote:Nice job, OP!
What is the threshold income wise for exceeding $99,900 in total credit limits with BoA? I've seen quite a few members reference that dollar amount as their cap, but have also seen others post total limits north of $100k, presumably due to their greater income. I'm just curious if we know where that income line is drawn?
Second, has anyone been able to grow a single BoA card to $99,900 without combining the limit of two cards?
Finally, is a single $99,900 card the target of any greater AA (CLD) chance compared to if that limit was kept split between two cards?
Not only have we had members go to $99.9K without combining limits; we've had some go over, including one recently @Anonymous.
See this posting from @simplynoir showing a CLI on Premium Rewards to $120K. In this case, it wasn't really income-related as much as spend. I don't think Bank of America throws those higher limits out based on income alone. I believe it takes either higher levels of spend or high levels of assets invested with Merrill Lynch to break that $99.9K ceiling.
I'm an AU on a card that is at $99,900 without being combined with others. My Travel Rewards card that is at $90,000 (after asking for a CLI where they took some from my Premium Rewards card) was a combination but likely I would have ended up there anyway. As for income-to-limit ratio, no idea. $99,900 is less than 50%. Usually getting over that mark requires significant BOA/Merrill deposit balances or an insane amount of spending.
