topic Re: [DECLINED]: BOA BankAmericard Graduation and 1-2-3 Rewards conversion in Credit Card Applications

[DECLINED]: BOA BankAmericard Graduation and 1-2-3 Rewards conversion

Namaste7 — Mon, 11 Apr 2016 17:15:06 GMT

CC: BankAmericard Visa

Type: 100% secured

Age: 1 yr old

History: No missed payments; generally carried 10-15% of CL at statement date, then PIF. I have pushed through close to $9k in charges and payments in the last year.

Overall credit health: Rebuilding from serious delinqency (unsecured and medical) within the last 15 months, no missed payments in 12months (or any new account established 2015 and onward), and other open credit includes 1 secured and 1 unsecured CC and student loans (high balance).

FICOS: FAIR (630-650 range)

Graduation: Denied due to prior delinquent history (through backdoor AND EO number).

1-2-3 rewards conversion: Denied as was told could not be added to my card type. I would have to become unsecured before eligible.

I am a little disappointed. While I knew my past history would have some bearing, I also thought some consideration would be put towards my more recent payment history and management of the account, along with my long-term banking relationship with them. I will not attempt a graduation until next year or fund the account for CLIs. In the meantime, I'll continue fostering my relationship with Cap1 and use the BoA as my subscription / monthly bill card (and PIF to zero balance before statement cuts).

Re: [DECLINED]: BOA BankAmericard Graduation and 1-2-3 Rewards conversion

Anonymous — Mon, 11 Apr 2016 22:11:42 GMT

Don't feel too bad, my 99/500 secured card with them is 13 months old and still has not graduated either, and they also refused to PC it to the rewards card. So I have a useless secured card - sigh. But to be fair, I only used that card like 3 or 4 times since I opened it (hard to justify putting spend through it with no rewards). I haven't asked for graduation yet, and I probably won't (I'm stubborn). I have no baddies and my current scores are: TU 752, EX: 720, and EQ 733. Oh well; I'll give them another year to auto-graduate it, or else I'll close it before the next annual fee hits.

Hang in there a little longer, your baddies are still pretty recent, so give them some more time.

Re: [DECLINED]: BOA BankAmericard Graduation and 1-2-3 Rewards conversion

Namaste7 — Tue, 12 Apr 2016 00:59:32 GMT

JustMe3, thanks for responding and also providing perspective. I'm lucky to have even gotten approved last year given what my scores/profile looked like at that time. Hopefully next year, with improvements in my credit profile and history with them, I'll be considered for graduation, or at least a conversion to 1-2-3 rewards.