@grigorexxxcore wrote:Thank you all for visiting!
I've had my secured Bank of America card since March 8th of 2011, I called in today to see if I was eligible to 'graduate' my account. After being on hold for a heart pounding 10 min.She returned back and told me;
"You've done an amazing job with our card and your credit. I want to congradulate you on that, and you're approved for your graduation...however (ugh)...I see you're under the age of 21 (Sometimes, I hate being young. I'm currently 20, 21 in early April), we do need you fill out a form (Form 'E'?) that grants us the ability to graduate your account, and on the same form there is a section for a credit line increase. You can fill out the amount you would like and we would look to see if we can approve you for that amount."
My concerns are mostly about the credit line increase, I have a Nordstrom account at $3,000, and Chase just matched my new Chase Freedom card to $3,000 in hopes of me using their card more. Has anyone had expierence with filling out the form? I'm wondering if BofA would give me a generous CLI due to those accounts? Plus I have a Discover account at $1,700 as well, so if I can get $2,000 I'd be happy!
Thank you guys for all your help!
What is the current CL on the BofA card?
If there's a form you need to fill out, it's probably a Federal-mandated one after the new legal provisions were instated.
Find out the form name and go a-Googling. I'm nearly certain you'll be able to find it, and generally speaking I suspect it'll be fime regardless: I assure you they wouldn't make you fill out this form if they didn't have to, just costs them more time (money) to process your request.
@grigorexxxcore wrote:
@LS2982 wrote:
@grigorexxxcore wrote:Thank you all for visiting!
I've had my secured Bank of America card since March 8th of 2011, I called in today to see if I was eligible to 'graduate' my account. After being on hold for a heart pounding 10 min.She returned back and told me;
"You've done an amazing job with our card and your credit. I want to congradulate you on that, and you're approved for your graduation...however (ugh)...I see you're under the age of 21 (Sometimes, I hate being young. I'm currently 20, 21 in early April), we do need you fill out a form (Form 'E'?) that grants us the ability to graduate your account, and on the same form there is a section for a credit line increase. You can fill out the amount you would like and we would look to see if we can approve you for that amount."
My concerns are mostly about the credit line increase, I have a Nordstrom account at $3,000, and Chase just matched my new Chase Freedom card to $3,000 in hopes of me using their card more. Has anyone had expierence with filling out the form? I'm wondering if BofA would give me a generous CLI due to those accounts? Plus I have a Discover account at $1,700 as well, so if I can get $2,000 I'd be happy!
Thank you guys for all your help!
What is the current CL on the BofA card?
It was just a lousy $300. At the time I didn't know it would have an impact when I graduate my account until a few months ago where another user advised me that there wouldn't be any point in adding more funds to it since I was so close to having my account graduate.
I'd ask for 2K. don't aske for anything over I think if you show responsible usage you'll get auto-CLI's.
@Datx wrote:Just curious, do you know if BOA did a hard pull for this?
I'm interested to know as well. A prior BOA card that graduated less than two years ago, I couldn't find an inquiry on my EX report (which they've always HP/SP'd me on over the years) and there's nothing on the TU/EQ reports from them.
I don't know if it's changed or not but I'd certainly like to know for certain one way or the other on their current practice.
Edit: if the question was re: CLI's, yes they absolutely HP for those.