Bank of America credit limit increase online - hard pull?

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craigm1
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Bank of America credit limit increase online - hard pull?

Postby craigm1 » Mon Mar 26, 2012 8:46 pm

I have a Bank of America Signature Cash Rewards Visa. Does anybody know if you go online and ask for a credit limit increase, if they do a soft or hard pull?

craigm
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Money card
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Postby Money card » Mon Mar 26, 2012 9:23 pm

I will assume it's a soft pull. Hard pulls are when people apply for a credit card, they go on your credit report.

I'm guessing soft pull.

creditcruncher
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Postby creditcruncher » Mon Mar 26, 2012 11:41 pm

Bank of America does hard pulls for credit line increases. Most if not all banks do this. Things like requesting a lower APR no dot require a hard pull, and banks do soft pulls if they pull at all. A lot of the time they will go off of your payment history with them.

But to answer your question, hard pull for credit limit increase, every time, no exceptions.


bmw1990Z
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Postby bmw1990Z » Tue Mar 27, 2012 3:38 pm

does citibank do soft pulls? i have a credit limit of 2000 but want a higher limit before i apply for my amex.
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craigm1
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Postby craigm1 » Tue Mar 27, 2012 7:35 pm

creditcruncher wrote:Bank of America does hard pulls for credit line increases. Most if not all banks do this. Things like requesting a lower APR no dot require a hard pull, and banks do soft pulls if they pull at all. A lot of the time they will go off of your payment history with them.

But to answer your question, hard pull for credit limit increase, every time, no exceptions.


funny amex has raised my limit 3 times and each time I said I only wanted a soft pull and they said fine, last time they raised me 10k to 25k on a soft pull, I guess that's why I love amex!
Current Cards: American Express:Grandfathered Blue Cash CL 34k member since 89
Chase Freedom CL 7.5k member since 04
Chase Marriot Rewards Premier CL 20k member since 13
Chase Sapphire Preferred CL 25K member since 13
Bank Americard Cash Rewards Signature Visa CL 14k member since 11
Discover Cashback Bonus $10.5k member since 11
US Bank Cash + Signature Visa 19k member since 12
Citibank Thank You Preffered World Mastercard $16.5k member since 14



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