I don't know specifically about BofA, but with Wells Fargo, you have to keep the account open for 9 months before asking for a line increase. After that, you can only apply again for a line increase every 6 month intervals.
Many cards will increase if you ask BEFORE activating... Usually 6 months is about the earliest... Many 1 year you can ask... 3 YEARS WITH AMEX---->NONE "UYGF"
You are talking about BT offer for limited time...right ??? Mine APR for purchases and BT on Chase is Prime rate FOREVERRRRRRRRRRRRRRRRRRRRR. And forever is long time. Believe me. Anyway what you are trying to tell me ? Do you want to tell me that 0 is lower than 4.75 ? Do you think I don't know it ?
Platinum, are the cl increases automatic, or do they need to be requested? Also does BofA tend to be generous with their increases?
jr, jr.. this may help For us, BofA account opened Feb of 01 credit limit of 6800 (used all at 8.9% until paid) - paid it off with something lower in December of 01, then got an automatic increase last Jan of 02 to 9300 with an option to BT up to 12,000 @ 4.75% vaiable.. I took it used that until June until I got 0% on 2 Discover offers. I am hoping by September I will get another credit limit raise.. so I can move my remaining balances back to the BofA if when my Discover deals run out (if I don't have something better by then)! Hope this helps.. look for an increase at about 9 months. cherie
jrjr35, When I called for my increase back in May the rep asked me how much I need. I asked for $4000 and I got approved right away. Then I asked how often we can do increases and she said every 9 months. Of course I got hard inquiry on my Equifax. But I don't care now. It's already gone thanks to bumpage.
Bumpage means the inquiry is already deleted as result of pulling my report daily. It went from $6000 to $10.000 CL @ 9.90% fixed APR for purchases. I opened the account in 08/2001.
