Thoughts on BoA Accelerated Amex

[drsmith]

I'm 22

got my capital one card at 18 and I've used that until this pat fall when I got the USAA card.

[haulingthescoreup]

You might have better luck in another month or two when the USAA card has reported for 6 months, but I honestly don't know what banks look for these days. For all I know, they use a magic 8-ball.

I'm guessing that the Accelerated AmEx is one of the tougher BofA cards to get, at least until you have more history under your belt.

I realize that that's the one that caught your attention, but have you checked out the Citi Forward? It's targeted toward college-aged consumers, although I think it's great for anyone who uses their rewards categories (books, movies, music, restaurants.)

[drsmith]

No I'd rather not use Citi

Not a fan of how they handled their bailout money

[haulingthescoreup]

---

@drsmith wrote:

No I'd rather not use Citi

Not a fan of how they handled their bailout money

---

+1

--although I have a hard time finding pretty much any bank that I feel acted honorably.

[drsmith]

I hear that

Honestly I don't need another card. My USAA card is great and I have no trouble keeping my utilization below 15%

Like I said I was just bitten by the application bug and I love the way that card looks and it seems to be in line with the things I'd like out of a credit card.

[drsmith]

Called the backdoor number and spoke to a credit analyst.

Took all of 10 minutes to get approved with a 5k limit. She commented on my very nice history and profile

Awesome

[haulingthescoreup]

Nicely played!

[drsmith]

Well I caved in and looked at my fico score

Considering some places list this card as requiring excellent credit, I'm kind of surprised I was approved with a decent limit

[Jahmakan]

I was approved for the Cash Reward card today too, with the same $5,000 limit. You guys give great advice.

[tntexans72]

Is 5k the starting limit for prime cards?

Are there any prime cards with lower limit than 5k?

I noticed capital one stated you have excellent credit if you have a cc with a minimum CL of 5k.

Is that true?