Bank of America® World MasterCard® with WorldPoints® Rewards

[Anonymous]

This one is for my dad..  Is this card any good? 15 months 0% so thats hard to pass it up..  I think this card product is fairly new based on what I have read and checking out BOA site as well.

Question # 1 does it report CL to CRA ?

Question # 2 it is hard to get for this kind of product? his FICO score are 745/760/734

Question # 3 which CRA BOA are most likely gonna pull?

Question # 4 does this verison of BOA product grows CL pretty good?

I think thats about it.   the highest CL he ever had was 22K that was thru FirstUSA a few years ago but closed out $0 balance on it tho. I have to admit thats one sexy card style dark black with silverish BOA trademark on the card

Message Edited by SnowWalker on 11-12-2008 07:19 AM

[FretlessMayhem]

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@Anonymous wrote:

This one is for my dad..  Is this card any good? 15 months 0% so thats hard to pass it up..  I think this card product is fairly new based on what I have read and checking out BOA site as well.

Question # 1 does it report CL to CRA ?

Question # 2 it is hard to get for this kind of product? his FICO score are 745/760/734

Question # 3 which CRA BOA are most likely gonna pull?

Question # 4 does this verison of BOA product grows CL pretty good?

I think thats about it.   the highest CL he ever had was 22K that was thru FirstUSA a few years ago but closed out $0 balance on it tho. I have to admit thats one sexy card style dark black with silverish BOA trademark on the card

Message Edited by SnowWalker on 11-12-2008 07:19 AM

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1. The website states that this is a no pre-set spending limit card, so the chances of it reporting a CL are unlikely, unless BOA is different from everyone else in that regard. 

2. Not sure what exactly constitutes hard, but the FICO scores seem good enough. A collection reporting (paid or unpaid) seems to be a poison for a BOA approval. 

3. Most likely EX, however TU also if borderline or perhaps on a recon. 

4. BOA is in pretty good shape compared to a lot of other lenders, and normally will give higher CLs as well as regular CLIs. My Platinum Plus Visa card (long since product changed) start out with $5500, and now has a $20,000 CL in a matter of 9 months or so. 

[Anonymous]

Fretless, Thanks for reply..  good infomation.  no He has no charge off at all. in 06 he had some late payment with Discover ( long story but boy do they report late very quickly to CRA ) but to make it short.. he closed it out and paid it all off eventually ( little over $16,000 balance ) so its $0 balance on it.. I hope BOA will not consider that for denial.

EDIT: Oh do u think BOA will let him to add me as a AU? or adding me to BOA account as a user could hurt more since BK ( I don't think he will, but I could try and ask for it )

Message Edited by SnowWalker on 11-12-2008 07:50 AM

[Anonymous]

BoA will let you add AU's from the online account. Click on the 'services' tab and he can enter information and a card will be mailed to him for any AU's he may wish to add. They won't mail to a different address, only the primary account holder.

I don't know if BoA checks the AU's credit. I have not seen any softs on my DH's reports from them and he has a paid CO with BoA and it has not affected my account.

[plasticguy]

BOFA World MC reports limit to all 3 not just High Balance.
Experian is mostly use
Hard Pulls are for opening
Soft Pulls are for Increases

Cardholder since 2004

[Anonymous]

Does this sounds like 100% denial?  I cut and paste it when he applied earlier this afternoon. when I did mine couple of months ago for a regular BOA Visa verison and  it was quick denial out of gate, etc which is not surpising to me. thats why I may go for BOA Secured Card within couple of months.. here what it says after he submitted.

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Message Edited by SnowWalker on 11-12-2008 02:43 PM

[Red1Blue]

Looks like they are doing a manual review. I would say you have 50/50 chances.

[Anonymous]

Hope so , He also filled out 2 BT infomation totalling almost 14K so 15 months at 0% sounds good and should be all paid off by then.  theres other BOA product name I forget what its called but you get 10% cash back once a year from the interest but it was only 6 months @ 0%  both verisons are good.