Credit Card Reporting Question

[Anonymous]

So sorry this happened...

[jsucool76]

I would get in contact with BoA and confirm that the 0% apr will persist (get it in writing) and then pay off as you feel comfortable doing (and are financially capable of). 

Worry less about your credit report, and more about how much money you actually have available to you. I dont think this is something that should warrant emptying a savings account.

[CreditCuriosity]

I highly doubt they can change the terms although I as well would pay it off ASAP... kinda crappy of banks to do things like this especially when they honored the BT then close the card on you.  You wouldnt think it would be in the banks best interest to do such a thing.  Sorry to hear this happened.  AA is a real thing, no doubt about it and applying for alot of new credit and doing a BT probably put BofA in an uncomfortable situation thinking you might be BT balances around and seeking new credit for more debt.  Just my guess on their logic.

[ddemari]

Thanks for the feedback. I will call bank of america tomorrow and ask them about the interest. This was the first time I ever let a balance over 400 dollars report to the card. Maybe the balance triggered something along with the other factors. I am just a little surprised they completely shut me down, Barclays one time AA'd me and made my credit limit the same as my balance but they reinstated it with a phone call. 

Oh well, I am bummed but can move on. 

[morgacj2004]

I would take this to EO but that is just me. Bof A very cautious, conservative lender.

[ddemari]

I thought about it but honestly I don't think I can deal with another phone session about why I am so risky. Although I have sucess with BOA EO office and it was only 6 months ago I got retention offers, I must just be a lil burned out today lol. 

[Anonymous]

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@ddemari wrote:
My total credit line on the boa card was 7.5k

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I meant on all of your cards...sorry for not clarifying

[ddemari]

$110,000.00 in credit with $7800 (7% utilization) reporting across my cards. 

Nothing negative on my reports, AAOA is 3 years, total credit history 13 years

728 TU FICO, 706 EX FICO, 688 EQ FICO

[morgacj2004]

I would contact EO and argue the point. I could understand if this happened a few years ago when things were really tight but in todays climate?  Really. BofA needs a wake up call. Thats not how you treat customers.

[Anonymous]

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@ddemari wrote:

$110,000.00 in credit with $7800 (7% utilization) reporting across my cards. 

Nothing negative on my reports, AAOA is 3 years, total credit history 13 years

728 TU FICO, 706 EX FICO, 688 EQ FICO

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Yup, totally agree.  You're scores and utiliztion are good.  Keep calling until they get your account back.