A credit card holder might need a credit line increase for many reasons. It may be to make a big purchase, transfer a balance from another card or improve a credit score. Requesting a Bank of America credit line increase is easy to do. Eligible cardholders can request an increase online, while others will need to request one by phone.
How To Request a Bank of America Credit Line Increase
To determine if a card is eligible for an online credit line increase and to request the increase:
- Sign in to Bank of America Online Banking.
- Select the credit card account for which the increase is being requested.
- Go to the “Account Summary” section.
- Under “Card Details,” select “Request a Credit Line Increase.”
Cardholders who cannot request an increase online can call the toll-free number on the back of their Bank of America card to speak with a representative regarding the increase request.
If the request is denied, Bank of America, Member FDIC will provide a note explaining why. Cardholders in good standing who keep income information up to date in their online profile will have a better chance of being approved for an increase.
How Often Can a Cardholder Get a Credit Line Increase with Bank of America?
A cardholder can request a credit line increase at any time but may be denied if the credit line has recently been adjusted or if the account is new. A relatively new cardholder may have to show a history of on-time payments on the card before Bank of America will consider increasing the credit limit.
Does Bank of America Automatically Increase a Cardholder’s Credit Limit?
Bank of America may automatically increase a cardholder’s credit limit if a periodic review shows the account is in good standing and the cardholder has a good credit score, sufficient income and meets other criteria determined by Bank of America.
What Is the Maximum Credit Line for a Bank of America Card?
There is no standard maximum credit line for a Bank of America card. The maximum credit limit is determined on a per-cardholder basis. Bank of America considers several factors to determine how much credit to extend to a cardholder.
Is a Bank of America Credit Line Increase a Hard Pull?
Hard pulls of credit history can impact your credit score. In order to avoid unduly impacting the credit histories of cardholders, Bank of America uses a soft pull to evaluate a credit line increase request.
Bank of America may deny a credit line increase request for many different reasons, including a low credit score, insufficient income, a history of late payments or a recent credit line increase or decrease.
Denied cardholders can take steps to address any reasons for the denial and make another request in 6 to 12 months. However, there is no guarantee a future Bank of America credit line increase will be approved.
Information is accurate as of July 25, 2022.
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