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BOfA Business Cash Rewards Approval Odds

tag
Anonymous
Not applicable

BOfA Business Cash Rewards Approval Odds

I am thinking about applying for BOfA Business Advantage Cash Rewards.

 

Stats:

  1. Card (Opened Aug 2019) (Primary)
  2. Card (Opened Jan 2020) (Primary)
  3. Card (Opened Jan 2020) (Primary)
  4. Card (Opened in 2003) (AU)

No installment loans

 

No negatives

 

Oldest account: 1 year 2 months (Primary)

 

Have a new business checking account opened a month ago

 

4 inquires Total, (most recent in July 2020 for credit card) 2 mortgage inquiries  from one year ago, 1 from Aug 2019 for credit card

 

Thank you.

Message 1 of 2
1 REPLY 1
coldfusion
Community Leader
Mega Contributor

Re: BOfA Business Cash Rewards Approval Odds

It sounds like you don't have an established business and expect they'll want a PG, which is something BoA is OK with, but your profile is young and thin.  What if any existing accounts do you have with them?

 

(3/2024)
FICO 8 (EX) 846 (TU) 850 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 2 of 2
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