Reply
Established Member
Posts: 28
Registered: ‎04-23-2008
0

How long does BOA take to process an Application?

Last Sunday night I applied online for 3 different credit cards.

I have already heard back from 2 of them but nothing from Bank of America.

I went to the BOA website and clicked the link "check application status" and it comes back saying that no information can be found.

I call the phone number to check status and it says if it has been less than 10 days since you applied then call back.

Why is BOA so slow while others let you know in 1 or 2 days?

Thanks
Moderator Emeritus
Posts: 3,417
Registered: ‎12-27-2007
0

Re: How long does BOA take to process an Application?

Tex-
 
I called the number after waiting roughly 20 minutes.  I felt I had a valid question, as I had been pre-approved by the link for 3k, then got the message about further processing.  I was able to talk to a human and get approved on the spot. 
 
I'm horribly impatient and limbo drives me insane.  You might try this -- the worst a human could do is tell you it's still being processed, but at least they may tell you a little bit more about the status in their system.

Texcalibur wrote:
Last Sunday night I applied online for 3 different credit cards.

I have already heard back from 2 of them but nothing from Bank of America.

I went to the BOA website and clicked the link "check application status" and it comes back saying that no information can be found.

I call the phone number to check status and it says if it has been less than 10 days since you applied then call back.

Why is BOA so slow while others let you know in 1 or 2 days?

Thanks


~*~*~*~*~*~*~*~*~*~*~
From 700 in 2008 to 498 in 2012...
4/23/12 -- BK 13 date of filing EQ = 505
4/18/12 -- EQ 498
12/5/13 -- EQ 669
Here we go.... back on track.
New Contributor
Posts: 67
Registered: ‎05-07-2008
0

Re: How long does BOA take to process an Application?

[ Edited ]
I applied for a BofA card a little over two weeks ago and on the 10th day they finally made their decision. (denied, probably cause I already have a BofA CC - that or they didn't like that EX reports 19 inquiries). You should probably call them up like mentioned above... I wish I did.

edited cause I can't type

Message Edited by souper on 05-08-2008 07:43 PM
Frequent Contributor
Posts: 433
Registered: ‎02-07-2008
0

Re: How long does BOA take to process an Application?

When I app'd for my BofA Amex, I got the same message. When I tried to check the status - nothing found. I took that as an opportunity to check on it. I called and said "I applied on line but I'm not sure that it went through - can you check for me?"... they told me all about the status. :smileyhappy:
Established Member
Posts: 10
Registered: ‎09-05-2007
0

Re: How long does BOA take to process an Application?

Took about 10 business days for me.  As soon as the approval was made, the tradeline was on my EX and EQ reports.
Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
0

Re: How long does BOA take to process an Application?

DD#2 applied on the phone. I told her to report my income in addition to her negligible student income, and the CSR asked if I wanted to be an AU. He said that it wouldn't report on my reports, and I figured it might help when she is out of the country, so I said sure.

On day 10, the account appeared on my EX (sheesh), so it looks like they approved on day 9.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Contributor
Posts: 717
Registered: ‎03-05-2008
0

Re: How long does BOA take to process an Application?

You can call a Credit Analysts at 866-865-7842 and have them look over your application.  This will also give you the opportunity to GW over the phone (per se) if their is something on your CR that may prevent you from getting the card or them assigning a lower limit. 

Starting Score: EQ: 633 (12/31/09) TU: 651 (12/31/09)
Current Score: EQ:633 TU: 651
Goal Score: EQ: 700 TU:700


Take the FICO Fitness Challenge
Senior Contributor
Posts: 3,279
Registered: ‎08-03-2007
0

Re: How long does BOA take to process an Application?

I too have had luck talking to a human at BOA. I was able to recon a CLI after being denied online.
Here we go again...

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.