Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Postby Sblazer » Tue Feb 24, 2009 2:32 am

All I've heard in the media lately are reports of credit lines being slashed on credit cards. I received this email today from Bank of America about my Visa card and was actually kind of shocked about it.

Your credit line has been increased to: $16,300. - Bank of America - Log On -

Congratulations, because of your excellent history with us, we've increased your credit line to $16,300. Have the peace of mind knowing you have available credit for whatever life may throw your way.

If you have any questions, please visit http://www.bankofamerica.com for all your account needs. Remember: Always look for your Sitekey® image before you enter your passcode.

We value your business and are committed to helping you achieve your goals.

We value your business and are committed to helping you achieve your goals.

P.S. Take advantage of your low promotional APR on qualifying balance transfers - go to http://www.bankofamerica.com for details.*

Click Here To Log On

Your account number ending in:

Online Banking | Privacy Policy | Contact Us

Your account was selected for this offer based on your account status as of 2/13/2009.

*For more information about rates and fees associated with balance transfers, credit card access checks or other cash advances, or to request a balance transfer, go to http://www.bankofamerica.com and refer to the disclosures accompanying the secure online balance transfer request form. Balance Transfers and Cash Advance Checks cannot be used to pay off or pay down any account issued by FIA Card Services, N.A.

Right now isn't this really unusual to get a voluntary credit line increase like this from your credit card company?

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Postby scorch » Tue Feb 24, 2009 8:51 am

I would say it is not unusual because it does happen, just not very often.

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Postby DGenerateKane » Tue Feb 24, 2009 4:02 pm

One of my cards got a $2000 increase just after christmas.

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Postby Cucumber » Tue Feb 24, 2009 4:35 pm

I've heard it's been Amex that is being the cheapest with credit line increases lately....
Stop talking crap about him!

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