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Secured BOA to unsecured, raised limit.

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New Member

Secured BOA to unsecured, raised limit.

My scores are finally in the 700’s. Had everything bad drop off, and my scores range anywhere from 732-759! Never thought I would see the day. Thanks for all who previously helped me.

So I have one credit card; which was a BOA secured. I put down 500 bucks on it, and they refunded that in December and raised my limit to 2k. Now, it’s not really necessary other than I want more available credit so I’m not considered in the lowest tier of available credit, butttt. How long should I wait to ask for another Credit limit increase? Since they just gave me an additional 1,500, should I just leave it alone? I keep all my utilization under 11% regardless, and only really use it to help grow my credit score.

Any help would be appreciated
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Established Contributor

Re: Secured BOA to unsecured, raised limit.

Congrats on the growth!

 

If you can for maximizing your scores, keep util 8.9% or under.

 

BOA is more than likely a hard pull for requesting CLI and my records show 2-6 months, err on that 6 months, and 

you might want to wait a few more.

Since it is a HP, maybe reconsider about apping for a second card....but if so,

just please either ask or read some threads looking to find the best

second card to go for with your profile and needs.

 

good luck!



[Penfed Platinum Rewards 10k][TD Ameritrade-2k][BOA Cash Rewards 22k][NFCU cashRewards 33k][TDcash 5k][IHG 14.2k][BOA 15.8k][Amazon Prime Store 10k][Amazon PrimeVS 500][Amex BCE 6k][WellsFargo CashWise 14k][PNC Core 24.5k][WalmartMC 11k][SearsMC 15k][Lowes 35k][Toyota 21k][Capital One 5250][BP 10k][Home Depot 24.2k][Chase FU 6.6k][Discover 22.5k]
- [BOA CR $12.5k][Amex SC+ $13.5k][Amex B4B $35k][Chase Ink $45k][PNC $26.5k]
BT'oholic and OPM Lover! Chunk'n it hard and often!
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Valued Contributor

Re: Secured BOA to unsecured, raised limit.

I also got my deposit of $99 returned, but my card still at $500. It's ok for me, just wanted to get in with BOFA (has this card for 15 months now) and apply for others later. With BOFA, you can apply for a card and CLI with one HP.



FICO 8 Scores EQ 704 / Goal 750, EX 706 / Goal 750, TU 724 / Goal 750

FICO 9 Scores EQ 726 / Goal 750, EX 683 / Goal 750, TU 726 / Goal 750
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