topic Re: BofA? in Credit Card Applications

BofA?

Anonymous — Sun, 26 Jun 2016 16:27:06 GMT

So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for

BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.

Re: BofA?

RonM21 — Sun, 26 Jun 2016 18:04:58 GMT

I'd wait to see exactly where your Fico scores are first. Honestly, the bankcard fico score of 600+ you listed may leave you more likely for a denial, depending on your profile. But, that isn't a Fico 8, so I'd wait and see.

Re: BofA?

SOGGIE — Sun, 26 Jun 2016 18:16:19 GMT

OP If I'm correct I believe they use FICO 08. If I'm not correct, I'm sure others will chime in to correct such.

Re: BofA?

padme — Sun, 26 Jun 2016 18:31:46 GMT

try the capitol one site and see if any preqs there

Re: BofA?

Loquat — Sun, 26 Jun 2016 18:37:58 GMT

@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.

That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.

Re: BofA?

CountryLivin — Sun, 26 Jun 2016 18:40:47 GMT

@Loquat wrote:
@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.
That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.

Re: BofA?

baller4life — Sun, 26 Jun 2016 19:04:25 GMT

@CountryLivin wrote:
@Loquat wrote:
@Anonymous wrote:
So Im doing my weekly round of pre-quals, just to see. I just did BofA, and it was the same result as last time. With most of the rest of the cards, including credit one, first premier etc, it will say "we couldn't find a card offer for you, but here's some cards you might try." I know I have an update to FICO coming in the next day or 2, should I risk it? Im thinking Im going to wait until my FICO's actually update, but it's difficult not to hit that apply button when it's staring you in the face.

It looks like Im pre-qualified for
BankAmericard Cash Rewards™ Credit Card 13.24-23.24% APR, no fees.

Does anyone know which FICO BofA uses? Because my bankcard FICO's are decent. 600+ on all 3.
That's not a true prequal. Bank of America shows that to everyone. You'll know it's a true qualification when the APR range is solid and NOT a wide spread range. Don't want to see you waste a HP on this thinking its a true qualification.
+1

Re: BofA?

AverageJoesCredit — Sun, 26 Jun 2016 21:01:07 GMT

+3 ive noticed this too. Boa prequal seems to just randomly put a card they feel you may be interested in. I place this prequal just behind Discovers for usefulness. Please save your hp . Cheers!

Re: BofA?

havoc — Sun, 26 Jun 2016 21:22:49 GMT

Bank of America in my experience will pull experian 08 for initial approval, then transunion for subsequent cli's.

Re: BofA?

Bowzer — Sun, 26 Jun 2016 22:07:01 GMT

@havoc wrote:
Bank of America in my experience will pull experian 08 for initial approval, then transunion for subsequent cli's.

Re: BofA?

Anonymous — Sun, 26 Jun 2016 23:58:49 GMT

I kind of figured it was like Discover's pre-qual. I didn't feel comfortable with an HP considering some of the lower class cards won't pre-qualify me. I can't use Cap One until October when Im out of the 6 month range. And I stopped doing the pre-quals after I posted, and kind of answered my own question about continuing. /shrug. Thanks all for the responses.