Chip Lupo, Credit Card Writer
@CLoop
The Bank of America Unlimited Cash Rewards credit card credit limit is based on Bank of America's assessment of each application, so the card's credit limit will be different for each applicant. Bank of America does not include any specific Bank of America Unlimited Cash Rewards credit card credit limit information in the card's terms.
For the most part, Bank of America Unlimited Cash Rewards credit card credit limits depend on each applicant's overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.
That said, the Bank of America Unlimited Cash Rewards credit card credit limit that you start with isn't necessarily your credit line forever. You can ask to get a credit limit increase by calling the Bank of America customer service number on the back of your card, but it's best not to do that more than once a year. Bank of America will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with Bank of America.
People also ask
What will my Bank of America credit card limit be?
Your Bank of America credit card limit will vary based on your creditworthiness. The lowest credit limit Bank of America would approve a card for is $200, which is the minimum deposit requirement for the BankAmericard® Secured Credit Card. Other Bank of America credit limits could start out much higher. The Bank of America® Premium Rewards® credit card, for instance, offers a $1,500 minimum credit limit for approved applicants.
Generally, cardholders with at least good credit have a better chance at receiving higher credit limits. Your actual credit limit will be determined based...
read full answerHow do I increase my Bank of America Unlimited Cash Rewards credit card credit limit?
You can request a Bank of America® Unlimited Cash Rewards credit card credit limit increase online, through the Bank of America mobile app, or by calling customer service at (800) 732-9194. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Bank of America has on file. Bank of America will be more likely to increase your credit limit if the revised...
read full answerWhat are the Bank of America credit score requirements?
The Bank of America credit score requirement is 750 or higher for the best Bank of America credit card offers, though other options are available for people with lower scores. It is possible to get approved for a credit card from Bank of America with a bad credit score, for example.
Bank of America Credit Score Requirements by Card
- Bank of America® Customized Cash Rewards Secured Credit Card: 300 (Bad credit)
- Bank of America® Unlimited Cash Rewards Secured Credit Card: 300 (Bad credit)
- BankAmericard® Secured Credit Card: 300+ (Bad credit)
- Bank of America® Travel Rewards credit card for Students: 750+...
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