topic Re: How Many Bank of America Cash Rewards Can you Have? in Credit Card Applications

How Many Bank of America Cash Rewards Can you Have?

Te3030 — Sun, 07 Jun 2015 17:01:20 GMT

I have a 99/500 Boa Cash Rewards. I checked the preapprovals site and was offered Cash Rewards, Travel Rewards, Better a Balance, & another, these are real offers with a APR. I am wondering if I am allowed to have another Cash Rewards?

Re: How Many Bank of America Cash Rewards Can you Have?

B335is — Sun, 07 Jun 2015 17:12:15 GMT

BoA lets you have as many of any card as long as you can get approved for it. How old is your secured card?

Re: How Many Bank of America Cash Rewards Can you Have?

Te3030 — Sun, 07 Jun 2015 17:41:13 GMT

@B335is wrote:
BoA lets you have as many of any card as long as you can get approved for it. How old is your secured card?

It's 4 mos old.

Re: How Many Bank of America Cash Rewards Can you Have?

B335is — Sun, 07 Jun 2015 18:06:46 GMT

BoA pre approvals are pretty much meaningless though. Id wait until your secured card is at least 6 months old and use the hard pull towards getting it graduated. It has a high rate of eventually doing it on its own, but I'd really just save the hard pull for something else.

Re: How Many Bank of America Cash Rewards Can you Have?

Te3030 — Sun, 07 Jun 2015 18:15:17 GMT

@B335is wrote:
BoA pre approvals are pretty much meaningless though. Id wait until your secured card is at least 6 months old and use the hard pull towards getting it graduated. It has a high rate of eventually doing it on its own, but I'd really just save the hard pull for something else.

Oh, I thought with a APR listed they were more likely to approve?

Re: How Many Bank of America Cash Rewards Can you Have?

B335is — Sun, 07 Jun 2015 20:36:20 GMT

Does it give an exact APR or a range?

Re: How Many Bank of America Cash Rewards Can you Have?

Te3030 — Sun, 07 Jun 2015 21:51:08 GMT

@B335is wrote:
Does it give an exact APR or a range?

It was an exact Apr, not range, also the signature logo is not on the card. The bottom said offer good until 7/7/2015. After looking at it 3 times trying to decide to appy or not, it went back to the generic screen, and shows Apr range and signature. I applied anyways and was denied. Plan to call tomorrow for recon.

Re: How Many Bank of America Cash Rewards Can you Have?

TitaniumCash — Mon, 08 Jun 2015 02:24:37 GMT

I had two cash rewards, applied to get the bonuses . So yes, it's possible to have more than 1.

Re: How Many Bank of America Cash Rewards Can you Have?

B335is — Mon, 08 Jun 2015 06:19:44 GMT

Te3030, so you applied? BoA is pretty good with reconsideration. Just be up front with their questions and any past missteps. Good luck and keep us posted!

Re: How Many Bank of America Cash Rewards Can you Have?

Te3030 — Mon, 08 Jun 2015 11:38:25 GMT

@B335is wrote:
Te3030, so you applied? BoA is pretty good with reconsideration. Just be up front with their questions and any past missteps. Good luck and keep us posted

Thanks, I will recon. What number should i call? The backdoor list confuses me.

Re: How Many Bank of America Cash Rewards Can you Have?

B335is — Mon, 08 Jun 2015 17:04:35 GMT

I would call the Senior Credit Analyst: 866-618-4585