topic BoA PreQual Reliability in Credit Cards

BoA PreQual Reliability

Anonymous — Sat, 19 Jan 2019 18:44:10 GMT

Just curious, how reliable is BoA’s pre-qualification tool?

I have a “saved application,” pending for Cash Rewards Visa and am hesitant to pull the trigger - in light of the pre-qualified message I received. I can't help but think BoA gives these messages to every potential applicant?

Re: BoA PreQual Reliability

Anonymous — Sat, 19 Jan 2019 18:49:29 GMT

Reading posts from before, nobody trusts its site and to give you more clarification, here's my post from earlier
Let us know what you decide to do!
https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Bank-of-America-do-not-provide-Pre-Approvals/m-p/5473469

Re: BoA PreQual Reliability

JustBPatient — Sat, 19 Jan 2019 18:49:05 GMT

A preapproval will normally include a set APR%. If it is a range of 15xx to 22xx for example, not as solid. They also tend to use verbiage "we recommend", which is marketing.

Good luck!!

Re: BoA PreQual Reliability

Anonymous — Sat, 19 Jan 2019 18:49:35 GMT

Good looking out & thank you!

Re: BoA PreQual Reliability

AverageJoesCredit — Sat, 19 Jan 2019 19:17:52 GMT

Not worth anything. Are you looking for cash back, voila! WE RECOMMEND OUR CASH BACK CARD.

Better odds trusting Credit One that youll get hit with some kinda fee then a prequal from Boa. Just mo

Re: BoA PreQual Reliability

Jnbmom — Sat, 19 Jan 2019 19:24:29 GMT

BOA prequalify about as reliable as the weather 😆