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BOA is stopping HP for CLI


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Went from $50K to $70K.  Asked for $100K. $119.9K total across two cards now.  

Link popped up again some time in the past couple of days, requested 76k and was countered with 65.1k.  

$18,000 to $25,000 Cash Rewards. Asked for $25,000.

F’n A.....About time. Why HP when they can see the same info with a SP. I get it if it was for a new card, but this is an account that’s already established. Also, they SP on a regular basis, they already know your financial situation.

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If only other lenders would jump on the wagon. BOA isn't too bad for a HP though when it comes to amount but, some of these other jokers are ridiculous like Chase / Citi. Chase will give you a 5K CLI but, will approve you for a new account over 25K and Citi just seems stingy upon opening but, if you're willing to take another HP when you have the card in hand you can squeeze another 5K out of them.

 

BTW The link for BOA showed up a couple of days ago even though I just hit them up 2 months ago for another 12K. Last time I did the HP back in Sept it showed up again 3 months later and denied due to recent CLI. SP is welcome to avoid the HP if you're not timing it right instead of potentially not being able to get an approval somewhere else due to # of inquiries.

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If only other lenders would jump on the wagon. BOA isn't too bad for a HP though when it comes to amount but, some of these other jokers are ridiculous like Chase / Citi. Chase will give you a 5K CLI but, will approve you for a new account over 25K and Citi just seems stingy upon opening but, if you're willing to take another HP when you have the card in hand you can squeeze another 5K out of them.

 

BTW The link for BOA showed up a couple of days ago even though I just hit them up 2 months ago for another 12K. Last time I did the HP back in Sept it showed up again 3 months later and denied due to recent CLI. SP is welcome to avoid the HP if you're not timing it right instead of potentially not being able to get an approval somewhere else due to # of inquiries.

Same for me I got a CLI in March and link is already back.
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I got a $9k cli today for a BOA card with a $21k limit taking me to $30k and they hp TU as normal. I have the link showing for another card with a $48,500 limit I have but theyve denied me twice for increases. I will run about $50k or more of BT through them a year and usually pay off in a month or so. Last request they offered to reallocate but I said no. Scores are all in 800s and a few hundred dollars reporting across about $900k in limits.

Edited by trubliever82
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If only other lenders would jump on the wagon. BOA isn't too bad for a HP though when it comes to amount but, some of these other jokers are ridiculous like Chase / Citi. Chase will give you a 5K CLI but, will approve you for a new account over 25K and Citi just seems stingy upon opening but, if you're willing to take another HP when you have the card in hand you can squeeze another 5K out of them.

 

BTW The link for BOA showed up a couple of days ago even though I just hit them up 2 months ago for another 12K. Last time I did the HP back in Sept it showed up again 3 months later and denied due to recent CLI. SP is welcome to avoid the HP if you're not timing it right instead of potentially not being able to get an approval somewhere else due to # of inquiries.

Same for me I got a CLI in March and link is already back.

 

BP - https://ficoforums.myfico.com/t5/Credit-Cards/BOA-to-stop-HPs-for-CLI-s/m-p/5252502#M1552323 I find this one interesting where he's able to hit them up every 3 months with success yet us mortals get a HP w/o the reward.

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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

 

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

 

When I was four years old I somehow caught my wiener in a zipper, but I don't go through life terrorizing people about the hazards of clothing.

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I've been pumping a lot through my BOA account, with only a 6K limit (usually 4K per month) and I've never got a CLI. (I did burn BOA for 10K or so in the past - 9 years ago).

 

After reading this post, I'm going to see if I can get a soft on Tuesday (I'll give 'em an extra day, I'm in no hurry).

 

I'll be sure to report back.

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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

 

Which should tell you that the inquiry wasn't the problem.

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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

 

Which should tell you that the inquiry wasn't the problem.

 

Since that was the ONLY reason cited, which they confirmed multiple times, there is nothing else upon which to base the thoughts. At the time, the only outstanding amounts reporting were the current periods balance to AXP, which was all of about $2800 or so as I recall. And this action occurred before I bought the most recent vehicle (which only added $60K to the reports for a short period of time).

 

There are no other hard inquiries on the report they cited (or, at the time, on a report they had soft-pulled) and there are no derogs on any of the reports...

 

Inquiries CAN have an impact. It may not happen often, but to claim they are meaningless and have no effect is demonstrably false.

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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

 

Which should tell you that the inquiry wasn't the problem.

 

Since that was the ONLY reason cited, which they confirmed multiple times, there is nothing else upon which to base the thoughts. At the time, the only outstanding amounts reporting were the current periods balance to AXP, which was all of about $2800 or so as I recall. And this action occurred before I bought the most recent vehicle (which only added $60K to the reports for a short period of time).

 

There are no other hard inquiries on the report they cited (or, at the time, on a report they had soft-pulled) and there are no derogs on any of the reports...

 

Inquiries CAN have an impact. It may not happen often, but to claim they are meaningless and have no effect is demonstrably false.

 

You are operating under the assumption that the credit grantor is being both honest and completely forthcoming. Little evidence exists to suggest either of these assumptions are true. If you believe a single credit inquiry resulted in adverse action when the inquiry was the result of the credit grantor in question, you are gullible.

Edited by spacemule
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If you are unwilling to accept a meaningless inquiry you obviously don't need a CLI.

It is disingenuous to claim that hards are necessary meaningless. I've previously posted about the lender who gave, as their SOLE reason for closure, the existence of too many inquiries...never mind that the ONLY inquiry that existed was THEIRS from when the account was opened the previous month.

 

Which should tell you that the inquiry wasn't the problem.

 

Since that was the ONLY reason cited, which they confirmed multiple times, there is nothing else upon which to base the thoughts. At the time, the only outstanding amounts reporting were the current periods balance to AXP, which was all of about $2800 or so as I recall. And this action occurred before I bought the most recent vehicle (which only added $60K to the reports for a short period of time).

 

There are no other hard inquiries on the report they cited (or, at the time, on a report they had soft-pulled) and there are no derogs on any of the reports...

 

Inquiries CAN have an impact. It may not happen often, but to claim they are meaningless and have no effect is demonstrably false.

 

You are operating under the assumption that the credit grantor is being both honest and completely forthcoming. Little evidence exists to suggest either of these assumptions are true. If you believe a single credit inquiry resulted in adverse action when the inquiry was the result of the credit grantor in question, you are gullible.

This^^^

 

Inquiries CAN have an impact. It may not happen often, but to claim they are meaningless and have no effect is demonstrably false.

+1

 

Another regurgitated comment that I get sick of seeing.

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They did not when I asked for one on my Visa rewards card about 4 months ago, but what they ultimately did.. they bumped my rewards card from 15 to 20k and a letter followed along a week later, saying they took the $5k from one of my OTHER BOA credit cards .. effectively lowering that limit from $14k to $9k. :-\ So no real increase for me. Just a reallocation.

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Tried it this morning after checking MF for thread updates with mixed results but, no one reporting HP's as of 2-3 attempts.

 

Hit the button and got the 7-10 message which I kind of expected anyway since it's only been 2 months since the last one.

 

NO HP showed up on a manual TU report request as it normally does right away.

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Tried it this morning after checking MF for thread updates with mixed results but, no one reporting HP's as of 2-3 attempts.

 

Hit the button and got the 7-10 message which I kind of expected anyway since it's only been 2 months since the last one.

 

NO HP showed up on a manual TU report request as it normally does right away.

That's why i didn't hit the luv button since i just got one 2 months ago also it may be to soon for us. :grin:

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Interesting..

 

I have 2 BOA cards: Plat Plus & Alaska

 

Plat Plus: No hard pull language (added a cool 10K to bring that card to $25,500)

This card was opened Feb 2017 with a $2500 CL.

 

I try on the Alaksa Airlines card and get the hard pull language.

 

Also I did a quick check to make sure they didn't just reallocate... Alaska is still at 15.4K

Edited by deanmartini
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Interesting..

 

I have 2 BOA cards: Plat Plus & Alaska

 

Plat Plus: No hard pull language (added a cool 10K to bring that card to $25,500)

This card was opened Feb 2017 with a $2500 CL.

 

I try on the Alaksa Airlines card and get the hard pull language.

 

Also I did a quick check to make sure they didn't just reallocate... Alaska is still at 15.4K

Congrats.

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