Approved - BofA Business Advantage Unlimited Cash Rewards Mastercard

[BearsCubsOtters]

Hello All,

For the past few years, BofA has been reminding me when I log into my online account management that I was pre-selected for, at first, the 3-2-1 business mastercard, and more recently, the Unlimited Cash Rewards mastercard. 

Daddy could use the $300 sign-up bonus and 0% for 9 months so I figured, why not? 

Approved for $8,000 SL. Not sure yet on the ongoing APR but I would expect the 12.24%

(Mod cut - these types of discussions are not permitted per the myFICO Forums TOS @BearsCubsOtters) HP on TU, FICO 829.

I have Amex, Chase and US Bank business cards (2018 & 2019-Chase and 2020-US Bank). Sole Proprietor in business since 2018.  I have been a BofA checking, savings and credit card customer since 2001. 

Hopefully some of these data points will help others. Thanks for reading.

[cashorcharge]

Congratulations on your BofA Approval. I am seeing those marketing messages too!  
Glad to see this worked out🥂🍾🎉

[LP007]

Congradiations!!!  Welcome to the club. Next stop, CLI's. 

[CloudyWeather1331]

Congrats on the approval!!

[millicredi]

Congrats on the approval with a good sl. 

q: was this instant and did you apply during business hours?

I just applied for the same reason via my bus bank account offering me the $500 sign up bonus. 

Odly years ago I've applied and instantly denied. This time got the pending due to processing and applicatiok ref#.

They checked my trans fico (700ish) so idk. We shall see. I'll post update in new thread once I know more. 

[BearsCubsOtters]

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@millicredi wrote:

Congrats on the approval with a good sl. 

q: was this instant and did you apply during business hours?

I just applied for the same reason via my bus bank account offering me the $500 sign up bonus. 

Odly years ago I've applied and instantly denied. This time got the pending due to processing and applicatiok ref#.

They checked my trans fico (700ish) so idk. We shall see. I'll post update in new thread once I know more. 

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@millicredi  Mine was instant approval. I was approved at 8:08 pm MST on a Friday night. 

Good luck and let us know! 

[LP007]

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@millicredi wrote:

Congrats on the approval with a good sl. 

q: was this instant and did you apply during business hours?

I just applied for the same reason via my bus bank account offering me the $500 sign up bonus. 

Odly years ago I've applied and instantly denied. This time got the pending due to processing and applicatiok ref#.

They checked my trans fico (700ish) so idk. We shall see. I'll post update in new thread once I know more. 

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$500?! 

[millicredi]

Yup! And I've got the update...

APPROVED 8k , idk why it said pending but after the last 3 approved apps going pending it seems par for the course. 

thanks fico forum fam!

[millicredi]

Congrats 🍾 

q: in your account did they issue you a Corp account and user account ? So two different cards / account # with that approval.

reason I ask is that I was recently approved for 8k bofa business cash advantage unlimited cash rewards. Haven't received card/s yet but my online account updated today with two accounts one as 

Corp account - business cash adv unlimited cash rewards (different account number)

the other as 

(my full name ) - business cash adv unlimited cash rewards. (different account number)

I will call in tomorrow and ask rep but wanted to pic your brains due to you having the account open for longer than I have.

Thanks in advance 

[FinStar]

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@millicredi wrote:

Congrats 🍾 

q: in your account did they issue you a Corp account and user account ? So two different cards / account # with that approval.

reason I ask is that I was recently approved for 8k bofa business cash advantage unlimited cash rewards. Haven't received card/s yet but my online account updated today with two accounts one as 

Corp account - business cash adv unlimited cash rewards (different account number)

the other as 

(my full name ) - business cash adv unlimited cash rewards. (different account number)

I will call in tomorrow and ask rep but wanted to pic your brains due to you having the account open for longer than I have.

Thanks in advance 

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This is how BoA establishes their business accounts. You'll have the Corp Account line item, then the authorized officers or individuals under that Corp Account where business cards are issued, which is where you see individual cards for those specific individuals who are authorized signers or employees under the business.

Payments are made under the Corp Account btw.