topic Re: Burned BofA chances of new card in Credit Cards

Burned BofA chances of new card

psm — Sat, 14 May 2016 14:46:47 GMT

I burned BofA for 4800 in a 2003 BK. Do they hold a grudge if I wanted to go for a better balance rewards card?

Re: Burned BofA chances of new card

creditguy — Sat, 14 May 2016 15:58:47 GMT

BofA has been known to hold grudges, but since it's been 13 years, that burn may have healed. There's data points all over the board about approvals and denials after burning them. The only way to know for sure is to bite the bullet and apply, good luck.

Re: Burned BofA chances of new card

Creditplz — Sat, 14 May 2016 16:32:10 GMT

My uncle burned them for 27,000 in 2005, they haven't forgave him, but that's a lot of money to burn someone for so.... Only thing you can do is apply and see if they even HP you of flat out deny you.

Re: Burned BofA chances of new card

core — Sat, 14 May 2016 16:39:07 GMT

I burned them bad enough to get sued. They barely let me back in 7 years later with a 99/500 secured with 123 rewards. Then subsequently denied for a BBR and recon'd for an approval.

Since the BBR has no secured counter, that seems like a riskier play to me.

Re: Burned BofA chances of new card

redpat — Sat, 14 May 2016 17:08:58 GMT

Why bother.

Is it that important to get back with BOA?

Re: Burned BofA chances of new card

Man-Of-Steel — Sat, 14 May 2016 17:35:27 GMT

@redpat wrote:
Why bother.

Is it that important to get back with BOA?

I have to wonder the same thing. What's so special about BofA and the BBR card? Also, the OP has Fidelity Amex listed in their signature, but that signature might be outdated. I believe Fidelity Amex is underwritten by a company that is affiliated with BofA. If so, wouldn't that improve the OP's chances of approval? Just a thought.

Re: Burned BofA chances of new card

Anonymous — Sat, 14 May 2016 17:40:15 GMT

Not to discourage at all, but sometimes it is better to wait longer or just let it go. I am blacklisted by AmX and just have to live with it. It will be eight years this year. But then again, who knows? Everyone else let me back in so it could happen to you, too.

Good luck to you!

Re: Burned BofA chances of new card

core — Sat, 14 May 2016 17:46:00 GMT

@Man-Of-Steel wrote:
What's so special about BofA and the BBR card?

I'm assuming the OP thinks a free $120 every year is worth the HP. It was worth it to me, as long as the card lives on a few more years that is.