I'm very sorry to hear about the excessive AA from BoA Joey 
While BoA is technically my personal overall favorite cc lender, I too have been hit hard with AA from them in the past -- some years ago, they cut my CL on my (current) BoA Cash Rewards card from ~$16k to ~$9k, and it was only about a few month ago that that I was able to get the CLI back up to $11.1k, which is still a fraction of the original CL. And that AA from them was simply for asking for an APR reduction! On that same phone call, they also reduced my ~$12k CL on my (now) BoA TR VS to ~$6.4k (CL is now $8.4k, on that card). I guess I should count my blessings in that they did not outright close or shut down the accounts, on attempt to RJ them, but I will readily admit, the hefty CLDs they did there at the time stung pretty bad...
That's a very intersting reason for triggering the review. One would think that by showing you can charge a large amount (granted most of the available credit) and pay it off in the same month would be a good thing to develop trust, and more importantly, show you need a CLI. I don't use BOA so I never read up on the posts regarding BOA to learn about their quirks.
At any rate, thanks for the post and hang in there! You'll be just fine without them 
Personal:
myjourney-- BYGONES are BYGONES LOL !!! I would love to join the GC Thread 
Infact, its the only thread I'll be checking at all for some time..... anddddd....
***UPDATE***
Got a call from Asst VP of UW/Risk -- very nice lady, again. She basically agreed with the move to close the card, acknowledged my excellent history with them and overall credit, and stated to "Let your accounts age" (Yes, I know KDM LOL!!!) and revisit this in 6-9 months. She stated my FICO was good, but could be "OUTSTANDING" once these accounts age and INQs fall off. Very informative, we talked for 40 minutes about my credit, how to better manage it, what BofA likes to see etc. She also said that as of second quarter 2016, BofA is AMPING its efforts to reduce risk by having MANY accounts -- new and old -- manually reviewed by Risk UW's to see if CLD's or closures are appropriate. Not sure if she just said this to appease me, but she sounded very legit in her reasoning. She said that they view excessive new available credit and INQs as much of a risk if not more so than a few sporadic, somewhat recent late payments REGARDLESS of score/file -- which I dont have (???!!!) ... again I am not an UW. She stated the main red flags are: 1) Excessive new tradelines 2) Excessive INQs in short time (2 years!) 3) Late payments on the report popping up suddenly 4) Sudden hike in balances 5) *** SUDDEN paydowns of large balances, especially when this behavior did not exist prior.
Overall, not too unhappy here. They are going to mark my account as CLOSED BY CONSUMER as well. I learned a great lesson here -- hope many of you do as well. Youve all been great this time around.
@Anonymous wrote:myjourney-- BYGONES are BYGONES LOL !!! I would love to join the GC Thread
Infact, its the only thread I'll be checking at all for some time..... anddddd....
***UPDATE***
Got a call from Asst VP of UW/Risk -- very nice lady, again. She basically agreed with the move to close the card, acknowledged my excellent history with them and overall credit, and stated to "Let your accounts age" (Yes, I know KDM LOL!!!) and revisit this in 6-9 months. She stated my FICO was good, but could be "OUTSTANDING" once these accounts age and INQs fall off. Very informative, we talked for 40 minutes about my credit, how to better manage it, what BofA likes to see etc. She also said that as of second quarter 2016, BofA is AMPING its efforts to reduce risk by having MANY accounts -- new and old -- manually reviewed by Risk UW's to see if CLD's or closures are appropriate. Not sure if she just said this to appease me, but she sounded very legit in her reasoning. She said that they view excessive new available credit and INQs as much of a risk if not more so than a few sporadic, somewhat recent late payments REGARDLESS of score/file -- which I dont have (???!!!) ... again I am not an UW. She stated the main red flags are: 1) Excessive new tradelines 2) Excessive INQs in short time (2 years!) 3) Late payments on the report popping up suddenly 4) Sudden hike in balances 5) *** SUDDEN paydowns of large balances, especially when this behavior did not exist prior.
Overall, not too unhappy here. They are going to mark my account as CLOSED BY CONSUMER as well. I learned a great lesson here -- hope many of you do as well. Youve all been great this time around.
Are you sure you weren't talking to somebody from Comenity? 
Just kidding!! Thank you for sharing this info, and I will definitely not be asking them to unsecure my secured card any time soon -- guess I'll just hang onto it for another year when all my INQs should fall off and all my new accounts will be older than 2 years. Not sure what I can do about the sudden hike in balances and the sudden paydown of large balances because I do do this once in awhile and I'm sure not going to change my spending and payments patterns just to please BOA. There are other fish in the sea afterall.
@Anonymous wrote:myjourney-- BYGONES are BYGONES LOL !!! I would love to join the GC Thread
Infact, its the only thread I'll be checking at all for some time..... anddddd....
***UPDATE***
Got a call from Asst VP of UW/Risk -- very nice lady, again. She basically agreed with the move to close the card, acknowledged my excellent history with them and overall credit, and stated to "Let your accounts age" (Yes, I know KDM LOL!!!) and revisit this in 6-9 months. She stated my FICO was good, but could be "OUTSTANDING" once these accounts age and INQs fall off. Very informative, we talked for 40 minutes about my credit, how to better manage it, what BofA likes to see etc. She also said that as of second quarter 2016, BofA is AMPING its efforts to reduce risk by having MANY accounts -- new and old -- manually reviewed by Risk UW's to see if CLD's or closures are appropriate. Not sure if she just said this to appease me, but she sounded very legit in her reasoning. She said that they view excessive new available credit and INQs as much of a risk if not more so than a few sporadic, somewhat recent late payments REGARDLESS of score/file -- which I dont have (???!!!) ... again I am not an UW. She stated the main red flags are: 1) Excessive new tradelines 2) Excessive INQs in short time (2 years!) 3) Late payments on the report popping up suddenly 4) Sudden hike in balances 5) *** SUDDEN paydowns of large balances, especially when this behavior did not exist prior.
Overall, not too unhappy here. They are going to mark my account as CLOSED BY CONSUMER as well. I learned a great lesson here -- hope many of you do as well. Youve all been great this time around.
Sometimes I really wonder why don't BoA and the other cc lenders realize that the reason a lot of myfico'ers may have lots of INQs or new accounts opened is simply b/c they are trying to make use of some of the best promo offers with the best card APR terms that are out there as they become available, *before* said offers expire or are no longer available to the general public? 
For example, if I had not emerged from the garden, I would have missed out on my most recently-acquired 2 FNBO rewards cards with excellent APRs, and possibly missed out on the Blispay card, if at some future point they stop taking new apps (I know Blispay has already had at least one temporary freeze on apps thus far to date)?
@Anonymous wrote:myjourney-- BYGONES are BYGONES LOL !!! I would love to join the GC Thread
Infact, its the only thread I'll be checking at all for some time..... anddddd....
***UPDATE***
Got a call from Asst VP of UW/Risk -- very nice lady, again. She basically agreed with the move to close the card, acknowledged my excellent history with them and overall credit, and stated to "Let your accounts age" (Yes, I know KDM LOL!!!) and revisit this in 6-9 months. She stated my FICO was good, but could be "OUTSTANDING" once these accounts age and INQs fall off. Very informative, we talked for 40 minutes about my credit, how to better manage it, what BofA likes to see etc. She also said that as of second quarter 2016, BofA is AMPING its efforts to reduce risk by having MANY accounts -- new and old -- manually reviewed by Risk UW's to see if CLD's or closures are appropriate. Not sure if she just said this to appease me, but she sounded very legit in her reasoning. She said that they view excessive new available credit and INQs as much of a risk if not more so than a few sporadic, somewhat recent late payments REGARDLESS of score/file -- which I dont have (???!!!) ... again I am not an UW. She stated the main red flags are: 1) Excessive new tradelines 2) Excessive INQs in short time (2 years!) 3) Late payments on the report popping up suddenly 4) Sudden hike in balances 5) *** SUDDEN paydowns of large balances, especially when this behavior did not exist prior.
Overall, not too unhappy here. They are going to mark my account as CLOSED BY CONSUMER as well. I learned a great lesson here -- hope many of you do as well. Youve all been great this time around.
Kinda almost sounds uncannily like shades of what the cc lenders were doing, right around the time of and/or before CARD Act I hope that we do not see an en masse repeat, of those kinds of AA/RJ/CLD...
@Anonymous wrote:myjourney-- BYGONES are BYGONES LOL !!! I would love to join the GC Thread
Infact, its the only thread I'll be checking at all for some time..... anddddd....
***UPDATE***
Got a call from Asst VP of UW/Risk -- very nice lady, again. She basically agreed with the move to close the card, acknowledged my excellent history with them and overall credit, and stated to "Let your accounts age" (Yes, I know KDM LOL!!!) and revisit this in 6-9 months. She stated my FICO was good, but could be "OUTSTANDING" once these accounts age and INQs fall off. Very informative, we talked for 40 minutes about my credit, how to better manage it, what BofA likes to see etc. She also said that as of second quarter 2016, BofA is AMPING its efforts to reduce risk by having MANY accounts -- new and old -- manually reviewed by Risk UW's to see if CLD's or closures are appropriate. Not sure if she just said this to appease me, but she sounded very legit in her reasoning. She said that they view excessive new available credit and INQs as much of a risk if not more so than a few sporadic, somewhat recent late payments REGARDLESS of score/file -- which I dont have (???!!!) ... again I am not an UW. She stated the main red flags are: 1) Excessive new tradelines 2) Excessive INQs in short time (2 years!) 3) Late payments on the report popping up suddenly 4) Sudden hike in balances 5) *** SUDDEN paydowns of large balances, especially when this behavior did not exist prior.
Overall, not too unhappy here. They are going to mark my account as CLOSED BY CONSUMER as well. I learned a great lesson here -- hope many of you do as well. Youve all been great this time around.
Oh goodie goodie. After all the times I have spoken up for BOA, or poo pooed the ones that hated them, I almost in a similar bucket described above. I would be sad at first (only because of their copious long BT offers, and Amtrak point value...I'd have SPG but who knows how long that will last.
That is crazy that they would basically encourage you to take another HP. How many total HPs do you have and what is your AAOA?
I've been following this thread since day 1.....NO MORE APPS for me LOL. I don't have any BoFa cards but I do have lots of INQ's and new accounts especially in the last 6 months. I'm even scared to ask for CLI's now LOL
Sorry this happened to you Joey and I'm glad you learned something from it.
