The BankAmericard credit card credit limit will vary based on each applicant’s creditworthiness, with many cardholders reporting initial credit limits from $1,000 to $15,000 in some online fora. Your BankAmericard credit card credit limit will depend on a number of factors such as your credit history, income and debt. But there is no disclosed minimum or maximum credit limit. The card does require excellent credit, though, and some applicants with credit scores in this range reportedly get an initial credit limit of $10,000 or more.
To receive a high credit limit, you will need a stellar credit score, enough income to make at least the minimum payment each month, and very little existing debt. The stronger your credit profile, the higher you can expect your starting credit limit to be. However, you won’t know your exact credit limit until you’re approved.
Here’s how to get a BankAmericard credit card credit limit increase:
Whatever your starting BankAmericard credit card credit limit happens to be, you can request an increase either through your online account or by calling the number on the back of your card. Your chances of getting a credit limit increase are best if you’ve had the card for at least six months with no late payments during that time. If your income has gone up or if your debt was reduced from when your first received the card, that will also help your chances. But if you request a credit limit increase, Bank of America will pull a copy of your credit report. This will only trigger a harmless "soft pull" that doesn’t affect your credit score.
Bank of America may occasionally review your account to see if you’re eligible for an automatic credit limit increase. However, there’s no guarantee when or if you’ll get one. BankAmericard credit card automatic credit limit increases are always done with a "soft pull" of your credit profile.