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New Member
Funktionull
Posts: 9
Registered: ‎10-16-2012
0

Bank Americard. Enrolling in online banking issues.

According to the CSR I spoke to, I will have to wait until I get my first statement before I can enroll. Doesn't really make any sense to me. If I can phone in and access my account then it should "exist" enough to enroll.

 

When I try it simply says that "my information does not match their records" and inevitably locks me out.

 

Anyone else have experience with this or is this a common thing?

 

If in fact she knew what she was talking about, how am I going to be able to pay the balance down below 9% before the statement cuts ( apparently they report at the same time )?

Or should I just make sure I don't spend more than that, so when the balance reports ( presumably while I'm waiting for the statement to come in the mail) It will already be below 9% and I can then just PIF?

 

I was only going to put Scorewatch on it anyway and not use it otherwise so it would be below 9% regardless.

 

Moderator
Revelate
Posts: 9,738
Registered: ‎12-30-2011
0

Re: Bank Americard. Enrolling in online banking issues.

I wouldn't worry about it for a month honestly; FICO has no memory of prior balances and it's urban legend that other lenders will slash your established credit lines just because they see a one month balance on another credit card: that's what credit cards are designed for.  Where they tend to get edgy is they don't see anything they consider "progress" in repaying your accounts :smileyhappy:.

 

Anyway if the card is your typical use card, just use it, let it close, get access to the admittedly excellent BOFA web interface, and go on with life.  I do think it's a little odd though you can't enroll online immediately, even before I had and could activate my card it was in the online interface; however, I've banked there for some stupid amount of time already and as a new customer it might be somewhat different but I can't see why.  I'm pretty certain I near immediately got access to my old checking account when I moved to Cali, opened the new account, and then signed up for online access.  Seems wierd but end of the day pretty unimportant.

 

 

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
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