topic Re: BoA or PNC in Credit Card Applications

BoA or PNC

Caught750 — Tue, 10 Mar 2020 19:32:05 GMT

Hey all,

Closing on my home in about a month and was looking for some input. I'm going to add one card before committing myself to the garden until I'm under 5/24 (CIC and then Freedom, or FU, 6-12 months later or vice versa depending on offers). I'm looking to go with PNC Cash or BoA Cash for a 12-15 month 0% card to cover some home purchases.

BoA is the only lender to deny me in the past without getting an approval at some point so I kind of want to make them say yes lol.

PNC I have checking and savings accounts with already.

Pros and Cons to both please. I'd like a usable limit (most of mine are 5 figure so hoping for $10k+). I'm not big into cash back but I can't think of a Travel Card that I'm interested in at the moment with a 0% period. BoA has theirs but I feel the Cash Rewards is a better overall card.

Thanks in advance!

Re: BoA or PNC

M_Smart007 — Tue, 10 Mar 2020 01:34:14 GMT

@Caught750 wrote:
Hey all,

Closing on my home in about a month and was looking for some input. I'm going to add one card before committing myself to the garden until I'm under 5/24 (CIC then Freedom or FU 6-12 months later or vice versus depending on offers). I'm looking to go with PNC Cash or BoA Cash for a 12-15 month 0% card to cover some home purchases.

BoA is the only lender to deny me in the past without getting an approval at some point so I kind of want to make them say yes lol.

PNC I have checking and savings accounts with already.

Pros and Cons to both please. I'd like a usable limit (most of mine are 5 figure so hoping for $10k+). I'm not big into cash back but I can't think of a Travel Card that I'm interested in at the moment with a 0% period. BoA has theirs but I feel the Cash Rewards is a better overall card.

Thanks in advance!

@Caught750 .. I'll make it easy .. Both Great Cards

One thing that would make Me lean towards PNC is this>>>> "PNC I have checking and savings accounts with already."

Also you could try for another BoA Denial? .. I have a few

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 01:35:46 GMT

@M_Smart007 wrote:
@Caught750 wrote:
Hey all,

Closing on my home in about a month and was looking for some input. I'm going to add one card before committing myself to the garden until I'm under 5/24 (CIC then Freedom or FU 6-12 months later or vice versus depending on offers). I'm looking to go with PNC Cash or BoA Cash for a 12-15 month 0% card to cover some home purchases.

BoA is the only lender to deny me in the past without getting an approval at some point so I kind of want to make them say yes lol.

PNC I have checking and savings accounts with already.

Pros and Cons to both please. I'd like a usable limit (most of mine are 5 figure so hoping for $10k+). I'm not big into cash back but I can't think of a Travel Card that I'm interested in at the moment with a 0% period. BoA has theirs but I feel the Cash Rewards is a better overall card.

Thanks in advance!
@Caught750 .. I'll make it easy .. Both Great Cards

One thing that would make Me lean towards PNC is this>>>> "PNC I have checking and savings accounts with already."

Also you could try for another BoA Denial? .. I have a few

The red part also makes me lean towards PNC 🤣

Re: BoA or PNC

TSlop — Tue, 10 Mar 2020 02:44:24 GMT

I'd go with the PNC. It's probably my favorite card that I don't have. While you don't get the 3% "rotatable" category, you get pretty good overall coverage (4% gas, 3% restaurants, 2% groceries). It definitely beats BoA before they offered the monthly option, and maybe even still, since PNC has $8k limit instead of $6k. I'd have it myself if PNC let me PC.

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 02:46:02 GMT

Thanks Tslop. I'll definitely take that into account. PNC is a good card for sure.

Re: BoA or PNC

JNA1 — Tue, 10 Mar 2020 03:11:46 GMT

I have the PNC Cash Rewards card, and it’s a great card. The payments and rewards post quicker than any of my others cards. The rewards center has a good breakdown of cashback per purchase and a tracker that shows how much has been spent towards the cap.

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 03:16:04 GMT

Seems I'm mistaken, I misread and PNC Cash is NOT offering a purchase APR promo. That makes things more difficult and back to the drawing board

Re: BoA or PNC

AllZero — Tue, 10 Mar 2020 04:01:21 GMT

BoA Cash Rewards is a good card:
$200 sign up bonus
BT, 12 month promo
0% Purchase APR 12 month promo
Selectable 3% categories

When were your denial dates?

Do you have a checking, savings account with BoA?

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 09:00:40 GMT

The most recent denial was 8+ months ago for too many new accts with a dirty file and ~700 scores.

Im within their acct limit now with a clean file and 773 EX F8.

I don't have any accounts with them at this point but would open checking prior if I'm going to app BoA again. I also like the growth potential of their cards.

Re: BoA or PNC

Gmood1 — Tue, 10 Mar 2020 09:00:42 GMT

If in a Regions Bank service area. They're offering up to 18 months 0% on purchases and BTs. This specific offer doesn't show on the site. But it will pop up if you prequal for the best rate.

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 09:01:17 GMT

Unfortunately I'm not within Regions area.

Re: BoA or PNC

Gmood1 — Tue, 10 Mar 2020 10:14:40 GMT

Your other option is, if you have any 1.99% BTs laying around and a 2% CB card.

Buy what you need with the 2% CB and then transfer to the 1.99% BT CC.

I might do this myself using Limitless 2.5% CB and then transfer the balance to a US bank business BT at 1.99% with 0% for 15 months . 😉

Re: BoA or PNC

coldfusion — Tue, 10 Mar 2020 12:17:35 GMT

@Gmood1 wrote:
Your other option is, if you have any 1.99% BTs laying around and a 2% CB card.

Buy what you need with the 2% CB and then transfer to the 1.99% BT CC.
I might do this myself using Limitless 2.5% CB and then transfer the balance to a US bank business BT at 1.99% with 0% for 15 months . 😉

I just did exactly this last week with my BoA PR card @2.625% CB to my NFCU CR @1.99% 12 mo.

It's a useful trick too if you're SUB chasing

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 17:06:44 GMT

I'm actually thinking I may just do the PNC Points Card or the Core Card. Neither is quite as appealing as the Cash Rewards but I think I may like it better than BoA.

Re: BoA or PNC

Cred4All — Tue, 10 Mar 2020 17:24:27 GMT

I've had PNC for some time now, and felt the PNC card was 'eh' and usually a lower limit. I personally think that if you're hoping for a long term relationship with a high growth rate, that alone would make me say BOA. However, if you value the banking relationship and just having a card regardless of limit growth over time, PNC is never a bad choice, I love banking with them. They tend to CLI in smaller increments compared to BOA that's for sure .

Re: BoA or PNC

Caught750 — Tue, 10 Mar 2020 17:27:05 GMT

@Cred4All wrote:
I've had PNC for some time now, and felt the PNC card was 'eh' and usually a lower limit. I personally think that if you're hoping for a long term relationship with a high growth rate, that alone would make me say BOA. However, if you value the banking relationship and just having a card regardless of limit growth over time, PNC is never a bad choice, I love banking with them. They tend to CLI in smaller increments compared to BOA that's for sure .

I knew you'd chime in and this is what I expected lol. I just don't like BoA nearly as much, though I suppose that's plenty of reason of take their money and pay it back when I want.

Re: BoA or PNC

PullingMeSoftly — Tue, 10 Mar 2020 18:15:50 GMT

BofA would be worth pursuing if you want a selectable 3% category card and can possibly fund an account with enough to be eligible for the Preferred Rewards multipliers (25%, 50%, 75%). Cash Rewards and Premium Rewards would be a nice daily driver set to roll with if gaining the multipliers were to be an option for you. (Merrill account would work too)

As an aside, when I was denied for a cash rewards, the letter emphasized not having an existing account, as did the CSR when i reconned. So if you want to boost your approval odds, grab $1500 and put it in an Advantage Plus checking account.

Re: BoA or PNC

Anonymous — Tue, 10 Mar 2020 21:04:30 GMT

The PNC cash rewards is a really good card. I've had mine since this past November. 4% gas, 3% restaurants, 2% grocery. Matches my spend nicely.

Anxiously awaiting my 6 month mark so that I can request a CLI. They value relationship. I've been banking with them since March 2019. Starting limit for me was $12,500.

Re: BoA or PNC

Anonymous — Wed, 11 Mar 2020 16:25:57 GMT

PNC is on my short list to apply for one day.