I read online where Bank of America was no longer doing a hard pull on credit line increase. Show
My account is 21 years old. 5,000 credit limit which was limit when I opened the card. I never use the card but once every 3 months to keep the account active. I clicked on the credit line increase link on my online Bank of America credit cared account and it shows the following: (looks like they still do a hard pull) Request a credit line increase To request an increased line of credit, complete the form and click "Submit" button. By clicking the "Submit" button, you authorize us to obtain a copy of your credit report and review your credit and employment histories and any other information that allows us to process your request, service your account and manage our relationship with you. Upon request, we will inform you of the name and address of any consumer reporting agency that provided reports to us. You also understand that if you have existing credit card accounts with Bank of America, we may utilize the available credit on the existing account(s) to approve your new credit request which could include moving credit from an account with a lower annual percentage rate and/or fee structure to a higher annual rate and/or fee structure without increasing your overall credit limit. Bank of America, like all financial institutions, is required by Federal law to obtain, verify and record information that identifies each customer making a credit request. When requesting a credit line increase from us we will ask you for your name, address and other information to confirm your identity. *required (providing optional information will help expedite your request) Yes, whether you use our Mobile Banking app or Online Banking, you have access to world class digital banking at your fingertips. For example, you can:
When you log in to Online Banking, you can also:
Not an Online Banking customer? Enroll in Online Banking today Get the app Want us to walk you through it?
 PATTRAWUT / Getty Images/iStockphoto 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 IncreaseTo determine if a card is eligible for an online credit line increase and to request the 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. TakeawayBank 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. Editorial Note: This content is not provided by Bank of America. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Bank of America. Does Bank of America do hard pull for credit line increase?The good news is a credit limit increase with Bank of America doesn't trigger a hard inquiry on your credit report. No matter if you request the increase or the bank initiates first, it won't impact your credit score, which means it never hurts to try for that higher credit limit.
Is Bank of America credit line increase a soft pull?If it's been some time since you received your Bank of America card, you use your credit responsibly and you have good creditworthiness, you might qualify for a higher limit. Bank of America's automatic credit limit increases involve soft credit pulls and have no bearing on your credit score.
Does requesting a credit limit increase cause a hard pull?Although a credit limit increase is generally good for your credit, requesting one could temporarily ding your score. That's because credit card issuers will sometimes perform a hard pull on your credit to verify you meet their standards for the higher limit.
Does Bank of America do credit line increases?Yes, you can request an increase in your credit limit on our website or by phone. Log in to Online Banking and select your credit card account, then select the Information & Services tab. If your account is eligible, you will be able to request a credit line increase.
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Bank of america credit line increase hard pull
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