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Should I apply for 2nd BBR?

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Subexistence
Established Contributor

Should I apply for 2nd BBR?

I applied and got BBR today then applied for cash rewards and was denied with recon denied too. Reasons for denial are

 

 

Age is too young

My AAoA is 6 months and my AoOA is 7 months.

 

Already applied for a credit card the same day

I applied for BBR today and got limit of $1,100

 

Enough Limit has been extended

Apparently $1,100 is a lot?

 

EX08 719 

I think if I apply for my 2nd BBR of the day, I will be denied. But it's still worth the effort right? I mean it still rides on my previous inquiry so no more inquries so could a rejection really hurt? Before I jump it again I need to know the chances I could get flagged as a churner and have my original BBR shut down.








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


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Message 4 of 32
31 REPLIES 31
Subexistence
Established Contributor

Bank of America Cash Rewards recon denied?

The reasons for denial include

 

Age is too young

My AAoA is 6 months and my AoOA is 7 months.

 

Already applied for a credit card the same day

I applied for BBR today and got limit of $1,100

 

Enough Limit has been extended

Apparently $1,100 is a lot?

 

EX08 719 








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


Take the myFICO Fitness Challenge

History of my credit
Message 1 of 32
fltireguy
Valued Contributor

Re: Bank of America Cash Rewards recon denied?

In their eyes, it very well may be with a short history.
Many people with 700+ scores are denied an unsecured card completely, and are offered the 99/500 secured card (which really is a great card)

Your limit will grow FAST. They have been great to work with as far as I am concerned - don't be surprised if you have a $15000 limit within 12 months!
NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!
Message 2 of 32
fltireguy
Valued Contributor

Re: Bank of America Cash Rewards recon denied?

Good thing you jumped on the BBR today - since it's discontinued as of tomorrow for new apps.
NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!
Message 3 of 32
Subexistence
Established Contributor

Re: Bank of America Cash Rewards recon denied?


@fltireguy wrote:
In their eyes, it very well may be with a short history.
Many people with 700+ scores are denied an unsecured card completely, and are offered the 99/500 secured card (which really is a great card)

Your limit will grow FAST. They have been great to work with as far as I am concerned - don't be surprised if you have a $15000 limit within 12 months!

I wasn't offered a secured card.








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


Take the myFICO Fitness Challenge

History of my credit
Message 5 of 32
UncleB
Credit Mentor

Re: Should I apply for 2nd BBR?

I think you already know the answer to your question.  Smiley Wink

Message 6 of 32
AverageJoesCredit
Legendary Contributor

Re: Should I apply for 2nd BBR?

Ive had my BBR over a year, and about 2 months ago during my mini dpree tried for another and was a no go. Yes they used a previous pull so thsnkfully didnt get the hp but sometimes when you are first building history with a cc company, your extended credit may be limited to what they feel comfortable with. Congrats on getting approved though for one.
Message 7 of 32
Subexistence
Established Contributor

Re: Should I apply for 2nd BBR?


@AverageJoesCredit wrote:
Ive had my BBR over a year, and about 2 months ago during my mini dpree tried for another and was a no go. Yes they used a previous pull so thsnkfully didnt get the hp but sometimes when you are first building history with a cc company, your extended credit may be limited to what they feel comfortable with. Congrats on getting approved though for one.

Thx, I guess it's really just asking for a rejection.








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


Take the myFICO Fitness Challenge

History of my credit
Message 8 of 32
Subexistence
Established Contributor

Re: Should I apply for 2nd BBR?

I tried and was rejected. Should I recon?








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


Take the myFICO Fitness Challenge

History of my credit
Message 9 of 32
Subexistence
Established Contributor

Rejected 2nd BBR

I applied for 2nd BBR today and was rejected. My first BBR today went through but my a cash rewards application failed and so did a second BBR. My reconsideration was denied today for Cash rewards, should I try to recon BBR denial?

http://ficoforums.myfico.com/t5/Credit-Card-Applications/Bank-of-America-Cash-Rewards-recon-denied/m...








Starting Score: Ex08-732,Eq08-713,Tu08-717
Current Score:Ex08-795,Eq08-807,Tu08-787,EX98-761,Eq04-742
Goal Score: Ex98-760,Eq04-760


Take the myFICO Fitness Challenge

History of my credit
Message 10 of 32
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