Reply
Established Member
Posts: 12
Registered: ‎01-05-2013
0

Want to get a 2nd BOA CC

I received an offer in the mail for a BOA card. It's a cool looking all-white credit card, and it offers 3% cash back on gas which would complement my Amex BCE nicely. It also has a $100 cash back offer which I should get no problem. I already have a BOA card, which has been in good standing since I opened it in 2008.

 

My issue is I have 8 inquiries on my EX report, which is what I've read BOA pulls. Two were from May for CC apps, two were from April for my mortgage, and four were from Sept 2012 for an auto loan which has since been paid off. (However, my FICO score is in the 740s last I checked a couple months ago.) Another issue is I recently checked for pre-approved offers on the BOA website and they didn't have any for me -- which can't be a good sign! :smileysad:

 

I guess my first question is, is BOA inquiry sensitive? Also, are they good at giving out second accounts?

 

I've heard that it's better to call BOA to apply for new CCs than to apply online. Especially for borderline apps, you have a better chance at approval when you speak to a person at BOA. Any truth to this? Anecdotal evidence appreciated! :smileytongue:

 

Thanks in advance for any advice! I'd love to get this card, but would hate to waste a HP for a sure denial. Someone please talk me into or out of this! :smileyvery-happy:

Scores: 766 (as of 2/2014 - Discover) / 779 / 785 (as of 5/2013)
Moderator
Posts: 27,205
Registered: ‎09-13-2012
0

Re: Want to get a 2nd BOA CC

Established Contributor
Posts: 630
Registered: ‎05-28-2013
0

Re: Want to get a 2nd BOA CC

[ Edited ]

I have 3 BofA CC (Travel Rewards, Better Balance Rewards & Privileges Cash Rewards).  The app process was pretty much straightforward (I did them all online) and didn't have any problem with any of them except the last one since I've accumulated quite a few inquiries. :smileyembarrassed:

 

My scores were all in the 700's range and all of my CL starts at $5k except that last one ($4k).  They can also move the credit line between any of the card for you and will ask you how much you wanna leave on each card, etc.  I wouldn't say they're inquiry-sensitive since they approved me for that last card when I have over 10 inquiries. lol

9/21/14 EQ 704 | AmEx Platinum NPSL | Discover it $11k | BofA Travel Rewards Visa Sig $7k | Citi Platinum Select AAdvantage WMC $10k | Barclaycard Arrival+ WMC $9.7k | Jared/Kay $5.1k | Chase Sapphire Preferred $5k | BofA Cash Rewards Visa Sig $5k | DFS $5k | PayPal SC $5.6k | PayPal Credit $6.5k | Citi Diamond Preferred MC $4.7k | BofA Better Balance Rewards MC $7k | Chase Freedom Visa $4k | Zales $5k | US Bank Visa Platinum $3k | Bloomingdale's $3k | Amex Hilton HHonors $2k | Macy's $2.5k | Amex Delta SkyMiles $1k | Chase Amazon $800
Epic Contributor
Posts: 23,747
Registered: ‎10-23-2007
0

Re: Want to get a 2nd BOA CC

I think Bank of America mailed offers are pretty solid... Online or phone isn't going to matter because they are typing the same invitation number you are... They can transfer you to credit if issues maybe but you are here and know that number already... Do it online so you know the info entered is correct!
Fico Scores: EQ- 662., TU 684 Barclay, EX 700 (3/21/15)

You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
72 Cards and Counting :smileytongue:
New Contributor
Posts: 62
Registered: ‎05-03-2012
0

Re: Want to get a 2nd BOA CC

You have awesome scores and fantastic history with BOA, I say go for it. Besides it sounds like a few of your inquiries can be explained away as rate shopping.
Established Member
Posts: 12
Registered: ‎01-05-2013
0

Re: Want to get a 2nd BOA CC

Thanks everyone -- and I appreciate the bump!

 

I called up earlier and got approved! My CL is $7,500. :smileyvery-happy:

Scores: 766 (as of 2/2014 - Discover) / 779 / 785 (as of 5/2013)
Moderator
Posts: 27,205
Registered: ‎09-13-2012
0

Re: Want to get a 2nd BOA CC

Established Contributor
Posts: 630
Registered: ‎05-28-2013
0

Re: Want to get a 2nd BOA CC

Yah, congrats!  A few months down try hitting their luv button again. lol

9/21/14 EQ 704 | AmEx Platinum NPSL | Discover it $11k | BofA Travel Rewards Visa Sig $7k | Citi Platinum Select AAdvantage WMC $10k | Barclaycard Arrival+ WMC $9.7k | Jared/Kay $5.1k | Chase Sapphire Preferred $5k | BofA Cash Rewards Visa Sig $5k | DFS $5k | PayPal SC $5.6k | PayPal Credit $6.5k | Citi Diamond Preferred MC $4.7k | BofA Better Balance Rewards MC $7k | Chase Freedom Visa $4k | Zales $5k | US Bank Visa Platinum $3k | Bloomingdale's $3k | Amex Hilton HHonors $2k | Macy's $2.5k | Amex Delta SkyMiles $1k | Chase Amazon $800
Community Leader
Senior Contributor
Posts: 26,723
Registered: ‎02-07-2013
0

Re: Want to get a 2nd BOA CC


dave0311 wrote:

Thanks everyone -- and I appreciate the bump!

 

I called up earlier and got approved! My CL is $7,500. :smileyvery-happy:


Congrats 

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/2013
Senior Contributor
Posts: 6,242
Registered: ‎08-16-2012
0

Re: Want to get a 2nd BOA CC

Congrats! I recently got a $10k BOA card and got 16 mos 0% interest! Yay!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| Wmt Discover $12.5k | BR Visa $12.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Arrival $12.7k | Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

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. 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.