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Established Member
Posts: 29
Registered: ‎03-26-2015
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Re: How Inquiry Sensitive is BOA?

I was talking to one of their analysts the other day and she didn't seem concerned with my inquiries so I would assume that as long as you are making good stides as far as your credit score goes, it shouldn't be a big deal. 

Wallet: JP Morgan Ritz-Carlton Rewards Visa Signature ($13,500), Capital One Venture Rewards Visa Signature ($10,000), Citi AA Advantage Executive World Elite MasterCard ($5,000), Citi Best Buy Visa Signature ($2,000)
Chopping Block: American Express Premier Rewards Gold (NPSL), BBVA NBA Rewards American Express ($5,000), Citi AA Advantage Platinum Select World Elite MasterCard ($2,800), Bank of America Virgin Atlantic World Elite MasterCard ($2,700)
Total Revolving Credit: $55,800 (Age 22)
Moderator
Posts: 9,792
Registered: ‎09-22-2012
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Re: How Inquiry Sensitive is BOA?

I like BoA Alaska Airlines card because the points are flexible. I've been scrambling to make $15k spend on my Virgin Atlantic card too but those points aren't as valuable as Alaska points. It really depends what you're looking for in a card. Better Balance Rewards (BBR) is a good deal for making minimum payment each month you get $25 quarterly bonus.
Regular Contributor
Posts: 219
Registered: ‎12-09-2014
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Re: How Inquiry Sensitive is BOA?


B335is wrote:
I like BoA Alaska Airlines card because the points are flexible. I've been scrambling to make $15k spend on my Virgin Atlantic card too but those points aren't as valuable as Alaska points. It really depends what you're looking for in a card. Better Balance Rewards (BBR) is a good deal for making minimum payment each month you get $25 quarterly bonus.

I'll take your recommendations into consideration.  One of the things I like best are flexible points -- ones that can be used for cash, gift cards, or travel so maybe the Alaska Airlines would best suit those interests, but I like the idea of making payments and getting rewarded for the behavior so the BBR would be nice too.  If I applied for both, do you think they'd use the same HP? Smiley Happy

Starting FICOs: (Oct. 2014): 560s-620s
Current FICOs: (June 2015): EQ 709 TU 717 EXP 727
Utilization:12% Total Credit Line Available: $153,950
AmEx PRG & ED, Capital One QS & Prestige & Venture, MACU Visa, CITI Prestige, BOA 123 & BOA Alaska Airlines, Barclay Apple Rewards, Care Credit, eBates, BP Visa
Senior Contributor
Posts: 6,917
Registered: ‎06-22-2015
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Re: How Inquiry Sensitive is BOA?

Please list your AAoA when you applied for BOA- thank you



Favorite Cards : ~ Citi Double Cash World Elite MasterCard ~
~ American Express Blue Cash Preferred ~ Chase Hyatt Visa Signature ~
~ Citi AAdvantage World Elite MasterCard ~ Citi Prestige ~ Alaska Airlines Visa Signature ~ Discover it Miles ~
Established Contributor
Posts: 1,086
Registered: ‎06-05-2015
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Re: How Inquiry Sensitive is BOA?

What i would do is wait until the charge off comes off, just a few more months...any inquiries coming off this year as well?

Regular Contributor
Posts: 219
Registered: ‎12-09-2014
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Re: How Inquiry Sensitive is BOA?


humuhumunukunukuapuaa wrote:

Please list your AAoA when you applied for BOA- thank you


Approximately 2 years across the 3 reports!  Hope this helps! Smiley Happy

Starting FICOs: (Oct. 2014): 560s-620s
Current FICOs: (June 2015): EQ 709 TU 717 EXP 727
Utilization:12% Total Credit Line Available: $153,950
AmEx PRG & ED, Capital One QS & Prestige & Venture, MACU Visa, CITI Prestige, BOA 123 & BOA Alaska Airlines, Barclay Apple Rewards, Care Credit, eBates, BP Visa
Valued Contributor
Posts: 4,493
Registered: ‎11-28-2014
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Re: How Inquiry Sensitive is BOA?


nmuKev wrote:

I have no banking relationship with them, but am interested in beginning one with one of their credit cards (not sure which one yet).

 

Inquiries:  TU 11, EX 15, EQ 5 (all of them within the last 6 months)

 

FICO:  TU 727  EX 746  EQ 710

 

UTIL:  Roughly 8% of 105k open credit (AmEx, Synchrony, Chase, Capital One, Comenity)

 

NEG:  1 Charge off only on my Equifax report (falling off August 2015)

 

INCOME:  85k

 

 

After going through as many posts as possible, it looks like BOA might be "iffy" when it comes to Inquiries (?)  Are there any other peculiar nuances about this bank that I should know about before even applying with them (or maybe not applying at all)?

 

 

 

 


I think you will be fine.  I had many inq's across all 3 reports.  9% UT and got approved for 12k.  Got for it!  Smiley Wink


FICOS: EQ-812 TU-811 EX-818 Goal - 840-850 Across The Board
Total Credit Lines - 506K Gardening....
"I am the master of my fate and the captain of my destiny" Nelson Mandela
Valued Contributor
Posts: 3,024
Registered: ‎03-14-2015
0

Re: How Inquiry Sensitive is BOA?

[ Edited ]

I know this is a little off topic, but OP why don't you call each credit bureau and ask for Early Exclusion of your baddie? If it's only about a month away from falling off, I don't see why they'd have a problem removing it early. I was successful doing this. TU and EX seemed to be the easiest and both removed them within 24-48 hours. EQ was like pulling teeth, but they did end up removing them about a week later.

 

As far as BOA cards, the Cash Rewards and Better Balance seem like good ones.

 

**Edit: Nevermind, I re-read your post. Your only baddie is on EQ so it's probably not worth the trouble.

Frequent Contributor
Posts: 345
Registered: ‎09-10-2014

Re: How Inquiry Sensitive is BOA?

Whenever I see your posts I have to double check it's not one of mine our siggys kinda look alike Smiley Very Happy

Moderator
Posts: 7,376
Registered: ‎06-20-2015
0

Re: How Inquiry Sensitive is BOA?

I app'd for the BoA AAA Visa, and was denied.  The denial letter said my credit score (EX) was 708, and the reasons for the denial were my two six year-old COs, and lack of recent installment loan history.

 

Based on what I've read others report, I feel if I had the installment loan history my app would have been OK. 

 

This is speculation on my part, but you can use my experience as a data point when comparing notes.  Smiley Wink

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