Opened a fully secured $300 BOA cash rewards card on April 30, 2017. Credit limit increase button showed up after my 3rd statement but I haven't touched it. Anyways PIF before the statement cuts, never late and highest usage has been around $150. Minimum payment is always $0 since I pay in full. Any thoughts on whether I should call and request it be unsecured or just wait until they start reviewing it at the 12 month mark?
Fico 8's 12/2017..TU/616, EQ/611, EX/611
***Update..Spoke with a credit analyst at BOA and she says "No, not today" after reviewing my TU report. I believe it was either a sp or they used the lastest report they had on file as I didn't receive any alerts and it's been two days. Only thing she mentioned was that "you've opened a lot of accounts since opening this one!" True, guilty as charged, nine new accounts since opening the BOA. Said they need to wait a while longer to see out I handle all the new credit. OK, you don't have to tell me twice...gardening until BOA and Discover decide they trust me enough to give me my money back. See y'all in the garden!!!
I had my BOA secured rewards($500) card for 5 months when I saw the cli button on my online account. I gave the CSR a call and asked if my card could be unsecured and boom he unsecured it. He asked me if i wanted a cli as well but informed me it would be a HP. I said yes and got a cli of $1000. So I'm at $1500 CL right now. Pretty easy.
Thanks everyone. Guess I will try calling tomorrow to see if it can be unsecured. Won't ask for a cli right now cause I am trying my hand at gardening until at least June 2018 and don't want any HP's. Will update once I talk with them. Profile wise I am listing my major accounts and their limits. AAoA is 2.6 yrs. Overall utilization right now is 14% (christmas shopping). Ton of student loans, never late, 11 years old and on the IBR plan. I have 3 unpaid collections from 2013-14. One PIF collection from 2015 and settled collection from 2013. Thanks again.
Capital One QS..$2750/opened 5/2016
USAA Amex........$5000/opened 7/2017
Discover secured $200/opened 3/2016
BOA secured.........$300/opened 4/1017
Sony.......................$1100/opened/4/2017
Paypal MC..............$700/opened 9/2017
Paypal Credit..........$750/opened 6/2017
Credit One...............$900/opened 9/2016..no AF 20% APR
Legacy Visa.............$600/opened 2/2017 (closing this shortly, crazy $75 AF)
Fingerhut..................$2200/0pened 7/2014 (use once a year when there is free shipping)
Amazon store card...$600/opened 5/2017
Walmart store card...$$400/opened 5/2017
Sams Club store card..$437/opened 8/2017
Meijer store card........$750/opened 10/2017
Kohls store card.........$700/opened 12/2015
Penfed Thrifty OLOC...$500/opened 7/2017
Bunch of comenity SCT cards opened in April/May/June of 2016. Rarely use, always PIF; VS-$2350; NY&C-$2400, AT-$1500, OS-$1750, WS-$4850, WW-$2250, BH-$2250, SB-$800, GV-$2200, WF-$2300
Whew!!! That's a lot of cards now that I look at them listed. Guess 2018 with be my year of the purge!!
@outofcredit wrote:Thanks everyone. Guess I will try calling tomorrow to see if it can be unsecured. Won't ask for a cli right now cause I am trying my hand at gardening until at least June 2018 and don't want any HP's. Will update once I talk with them. Profile wise I am listing my major accounts and their limits. AAoA is 2.6 yrs. Overall utilization right now is 14% (christmas shopping). Ton of student loans, never late, 11 years old and on the IBR plan. I have 3 unpaid collections from 2013-14. One PIF collection from 2015 and settled collection from 2013. Thanks again.
Capital One QS..$2750/opened 5/2016
USAA Amex........$5000/opened 7/2017
Discover secured $200/opened 3/2016
BOA secured.........$300/opened 4/1017
Sony.......................$1100/opened/4/2017
Paypal MC..............$700/opened 9/2017
Paypal Credit..........$750/opened 6/2017
Credit One...............$900/opened 9/2016..no AF 20% APR
Legacy Visa.............$600/opened 2/2017 (closing this shortly, crazy $75 AF)
Fingerhut..................$2200/0pened 7/2014 (use once a year when there is free shipping)
Amazon store card...$600/opened 5/2017
Walmart store card...$$400/opened 5/2017
Sams Club store card..$437/opened 8/2017
Meijer store card........$750/opened 10/2017
Kohls store card.........$700/opened 12/2015
Penfed Thrifty OLOC...$500/opened 7/2017
Bunch of comenity SCT cards opened in April/May/June of 2016. Rarely use, always PIF; VS-$2350; NY&C-$2400, AT-$1500, OS-$1750, WS-$4850, WW-$2250, BH-$2250, SB-$800, GV-$2200, WF-$2300
Whew!!! That's a lot of cards now that I look at them listed. Guess 2018 with be my year of the purge!!
Posted an update...denied graduation.
@Anonymous wrote:Congrats on the BOA Cash Rewards! ... Each BOA CLI is a hard pull though.
Not in my experience. A few months back, I was logging in (or out) to (from) my BoA account - a garden variety Visa - and up popped an offer that I was eligible for a (soft pull) balance increase. Went from 10K to 14K. Full disclosure - I'd had the card for 16+ years, and don't believe that I'd ever requested an increase.
@Creditaddict wrote:
@outofcredit wrote:
@outofcredit wrote:Thanks everyone. Guess I will try calling tomorrow to see if it can be unsecured. Won't ask for a cli right now cause I am trying my hand at gardening until at least June 2018 and don't want any HP's. Will update once I talk with them. Profile wise I am listing my major accounts and their limits. AAoA is 2.6 yrs. Overall utilization right now is 14% (christmas shopping). Ton of student loans, never late, 11 years old and on the IBR plan. I have 3 unpaid collections from 2013-14. One PIF collection from 2015 and settled collection from 2013. Thanks again.
Capital One QS..$2750/opened 5/2016
USAA Amex........$5000/opened 7/2017
Discover secured $200/opened 3/2016
BOA secured.........$300/opened 4/1017
Sony.......................$1100/opened/4/2017
Paypal MC..............$700/opened 9/2017
Paypal Credit..........$750/opened 6/2017
Credit One...............$900/opened 9/2016..no AF 20% APR
Legacy Visa.............$600/opened 2/2017 (closing this shortly, crazy $75 AF)
Fingerhut..................$2200/0pened 7/2014 (use once a year when there is free shipping)
Amazon store card...$600/opened 5/2017
Walmart store card...$$400/opened 5/2017
Sams Club store card..$437/opened 8/2017
Meijer store card........$750/opened 10/2017
Kohls store card.........$700/opened 12/2015
Penfed Thrifty OLOC...$500/opened 7/2017
Bunch of comenity SCT cards opened in April/May/June of 2016. Rarely use, always PIF; VS-$2350; NY&C-$2400, AT-$1500, OS-$1750, WS-$4850, WW-$2250, BH-$2250, SB-$800, GV-$2200, WF-$2300
Whew!!! That's a lot of cards now that I look at them listed. Guess 2018 with be my year of the purge!!
Posted an update...denied graduation.
You have a ton of Synch cards... start calling Credit Solutions 877-379-8170 and asking them for CLI. They are all SP. Ask for $5k or $10k on each and they will counter. Some will give more than others, some may not give but since you have had them all for over 3 months I bet you jump up to $3500 on many if not more!
Thanks for the advice Creditaddict. I have requested cli's from synchrony via luv button and an occasional chat for the Amazon and Walmart cards. Denied by both. I think I barely "got in" with Synchrony on the initial approvals with a TU score of 636. My profile hasn't changed alot since approval but they still deny increases citing derogatories, age of accounts and inquiries. Don't want to wake the Synchrony bear so I think I will sit quietly in the garden until each account is a year old and then try calling for a cli. Maybe by then they will trust me...lol.