topic Which BankAmericard is the easiest to obtain? in Credit Cards

Which BankAmericard is the easiest to obtain?

Tommy5746 — Thu, 20 Sep 2012 16:44:59 GMT

Looking to possibly apply with BOA....Which card do you guys think is the easiest to obtain from BOA?

BankAmericard Cash Rewards™ - 12.99-20.99% variable rate

BankAmericard Travel Rewards™ - 14.99-22.99% variable rate

BankAmericard® - 10.99-19.99% variable rate

Re: Which BankAmericard is the easiest to obtain?

CS800 — Thu, 20 Sep 2012 16:51:55 GMT

@Tommy5746 wrote:
Looking to possibly apply with BOA....Which card do you guys think is the easiest to obtain from BOA?

BankAmericard Cash Rewards™ - 12.99-20.99% variable rate

BankAmericard Travel Rewards™ - 14.99-22.99% variable rate

BankAmericard® - 10.99-19.99% variable rate

I would say the last one with no rewards. Although, BOA tends to be very strict on all their cards.

Re: Which BankAmericard is the easiest to obtain?

Anonymous — Thu, 20 Sep 2012 16:57:56 GMT

@Tommy5746 wrote:
Looking to possibly apply with BOA....Which card do you guys think is the easiest to obtain from BOA?

BankAmericard Cash Rewards™ - 12.99-20.99% variable rate

BankAmericard Travel Rewards™ - 14.99-22.99% variable rate

BankAmericard® - 10.99-19.99% variable rate

I would say the last one. I applied for that one several months ago and was denied and then they sent me an invitation for the 99/500 secured. You can see my scores below and they pulled all 3 of my credit reports.

Re: Which BankAmericard is the easiest to obtain?

WhiteCollar — Thu, 20 Sep 2012 18:23:19 GMT

Was is 99/500?

Re: Which BankAmericard is the easiest to obtain?

Anonymous — Thu, 20 Sep 2012 18:28:06 GMT

@PrettyNPink wrote:
Was is 99/500?

99/500 is partially secured card, a 99 deposit gets you a 500 limit

Also the standard bank americard is the easiest to get as there is no rewards program

Re: Which BankAmericard is the easiest to obtain?

RyVision — Thu, 20 Sep 2012 18:28:20 GMT

@CS800 wrote:
@Tommy5746 wrote:
Looking to possibly apply with BOA....Which card do you guys think is the easiest to obtain from BOA?

BankAmericard Cash Rewards™ - 12.99-20.99% variable rate

BankAmericard Travel Rewards™ - 14.99-22.99% variable rate

BankAmericard® - 10.99-19.99% variable rate

I would say the last one with no rewards. Although, BOA tends to be very strict on all their cards.

All that and a little "flakey" at times too LOL (Disclaimer: The BOAconstrictor is not my fav institution......)

Re: Which BankAmericard is the easiest to obtain?

Mellon — Thu, 20 Sep 2012 18:34:26 GMT

I was just approved for a $3500 CL on the Rewards card. FICO unknown but I'm sure its below 700. My EQ is 688 and TU 690. I also have a checking, savings and mortgage with them so I'm not sure if that helped with the approval or not

Re: Which BankAmericard is the easiest to obtain?

jdirilo — Thu, 20 Sep 2012 18:36:55 GMT

How did you get the secured off of 99/500? When I look on their website, the secured card says it has to be a min deposit of $300

Re: Which BankAmericard is the easiest to obtain?

WhiteCollar — Thu, 20 Sep 2012 18:43:05 GMT

Re: Which BankAmericard is the easiest to obtain?

Anonymous — Thu, 20 Sep 2012 18:50:07 GMT

@jdirilo wrote:
How did you get the secured off of 99/500? When I look on their website, the secured card says it has to be a min deposit of $300

I've never had a secured card with BofA but have heard about the 99/500 offer before on the forums-its actually pretty well documented if you google it.

It seems like it's a counteroffer when you get denied for an unsecured card, similar to what amex does with the hard limit or autopay zync. I know someone who actually once got an offer in the mail for it as well, so not sure but it might be targeted rather than available to the general public (and thus not available through the bofa website) as well.

Re: Which BankAmericard is the easiest to obtain?

MontegoMack — Thu, 20 Sep 2012 19:02:43 GMT

If it's helpful at all, I did a PC from a graduated secured card from them to the 1-2-3 card. They pulled TU.

Re: Which BankAmericard is the easiest to obtain?

WhiteCollar — Thu, 20 Sep 2012 19:20:53 GMT

So to be clear, 99/500 is the counter offer folks have received after applying and being denied for secure card only or other cards as well?

Re: Which BankAmericard is the easiest to obtain?

Tommy5746 — Thu, 20 Sep 2012 20:07:08 GMT

@PrettyNPink wrote:
So to be clear, 99/500 is the counter offer folks have received after applying and being denied for secure card only or other cards as well?

From what i understand the 99/500 is a counteroffer only available to customers who are selected by BOA after being declined for a standard card... You must be selected by BOA to receive the 99/500 card as it is not available otherwise

Re: Which BankAmericard is the easiest to obtain?

jsickz32 — Thu, 20 Sep 2012 21:56:52 GMT

id say bankamericard basic. my brother just got approved for it, hes 19 and has never had a credi card before and the amex gold he is AU on hasnt reported its first statement yet

Re: Which BankAmericard is the easiest to obtain?

Revelate — Thu, 20 Sep 2012 22:12:27 GMT

I sort of suspect the basic and the Cash Rewards cards have the same underwriting criteria these days.

Whatever we knew regarding BOFA and their rewards cards underwriting went out the window when they tacked on the 1-2-3 rewards on their secured product... there just isn't enough anecdotal information on this forum other than their secured cards to really aggregate the data into something reliable recently.

To the OP: apply for the card that you want, as people have been countered on the 1-2-3 rewards card into the 99/500 option w/rewards from what I've read here. I don't think the underwriting is nearly the same challenge as it was given the experience of some members recent secured graduation and PCing to alternate cards straight away with traditionally subprime scores.