Bank of America Cash rewards Denied

[Anonymous]

Hello I'm new to the forum and it's my first post! I tried to check if anybody had talked about this before submitting this but I couldn't find anything do here goes..
I recently applied for the Bank of America cash rewards credit card and got denied due to "too many new open accounts" and that I didn't have any account with bank of America.
I asked the representative if I created a checking account with them if they can reevaluate and she said of course that could help with a approval.
Does anybody know if I create a checking account with bank of America I have a chance to get approve?

[Anonymous]

---

@Anonymous wrote:
Hello I'm new to the forum and it's my first post! I tried to check if anybody had talked about this before submitting this but I couldn't find anything do here goes..
I recently applied for the Bank of America cash rewards credit card and got denied due to "too many new open accounts" and that I didn't have any account with bank of America.
I asked the representative if I created a checking account with them if they can reevaluate and she said of course that could help with a approval.
Does anybody know if I create a checking account with bank of America I have a chance to get approve?

---

Hello there, welcome. I'm sure if you included more info, you will get some useful advice.

[Anonymous]

So the representative told me that I was denied because I had 3 new open accounts in the last 6 months and the other reason was that I had no relation with Bank Of America (like having a checking/ savings account) I asked her if I created a checking and saving account with them if it helped my chances of having the application approved. She said yes... Is this true? I just created both accounts.

[Cred4All]

---

@Anonymous wrote:
Hello I'm new to the forum and it's my first post! I tried to check if anybody had talked about this before submitting this but I couldn't find anything do here goes..
I recently applied for the Bank of America cash rewards credit card and got denied due to "too many new open accounts" and that I didn't have any account with bank of America.
I asked the representative if I created a checking account with them if they can reevaluate and she said of course that could help with a approval.
Does anybody know if I create a checking account with bank of America I have a chance to get approve?

---

Welcome Jdcolombia1!  Can you elaborate on your account history over the last year, such as how many accounts / with what lender / for what amount were opened and the date opened?  This will at least help many of us get a better understanding of BoA's stance on that comment.  It likely doesn't mean you had too many accounts with them, but rather the opposite across other lenders on your reports.

[Anonymous]

Okay so I have 8 credit cards in total.
I have 2 credit cards with Capital one (Quicksilver and SavorOne), 3 credit cards with Chase (Freedom, Freedom Unlimited, Amazon visa), 1 Citi bank (double cash rewards), 1 Amex (Blue Cash) and 1 Discover ( Discover it).

A month ago I got the Savorone (Cp1) and Discover it credit card. The Amex bluecash and Citi double cash credit cards have 10 months.

So I don't have a relation with Bank of America at all. I just created A checking and savings account with them.

[Anonymous]

The whole banking relationship excuse is hogwash!

I don't have a banking / transactional relationship w/ ANY of my card issuers and it hasn't been an issue.

I have cards with all of the big banks and they're probably my highest limits w/o a relationship.  Significantly higher than my CU accounts.

Combined It's probably about 275K between Chase, BOA, AMEX, Disco, and Barclay's. 

BOA products suck but the CC/ CL's are pretty nice.

[Anonymous]

Did you get a letter from Bank of America giving the reasons for the denial?  If you did, in what order were the reasons for denial listed?

You don't need a banking relationship with Bank of America to be approved for their credit products.

[CreditInspired]

---

@Anonymous wrote:
Hello I'm new to the forum and it's my first post! I tried to check if anybody had talked about this before submitting this but I couldn't find anything do here goes..
I recently applied for the Bank of America cash rewards credit card and got denied due to "too many new open accounts" and that I didn't have any account with bank of America.
I asked the representative if I created a checking account with them if they can reevaluate and she said of course that could help with a approval.
Does anybody know if I create a checking account with bank of America I have a chance to get approve?

---

Hi and welcome to MyFICO

IMHO, I dont think having a banking relationship will help—I mean unless you were opening accounts with say $100K+, maybe. 

BOA sees your opening several accounts as a credit-seeking behavior. I suggest gardening 12 months and try again if this is a card you really want. 

[mikesonthemend]

---

@Anonymous wrote:
Okay so I have 8 credit cards in total.
I have 2 credit cards with Capital one (Quicksilver and SavorOne), 3 credit cards with Chase (Freedom, Freedom Unlimited, Amazon visa), 1 Citi bank (double cash rewards), 1 Amex (Blue Cash) and 1 Discover ( Discover it).

A month ago I got the Savorone (Cp1) and Discover it credit card. The Amex bluecash and Citi double cash credit cards have 10 months.

So I don't have a relation with Bank of America at all. I just created A checking and savings account with them.

---

Fairly nice line up of cards you have there, counselor. Why are you so fired up for the BOA cash rewards card?

[ChargedUp]

---

@mikesonthemend wrote:

---

@Anonymous wrote:
Okay so I have 8 credit cards in total.
I have 2 credit cards with Capital one (Quicksilver and SavorOne), 3 credit cards with Chase (Freedom, Freedom Unlimited, Amazon visa), 1 Citi bank (double cash rewards), 1 Amex (Blue Cash) and 1 Discover ( Discover it).

A month ago I got the Savorone (Cp1) and Discover it credit card. The Amex bluecash and Citi double cash credit cards have 10 months.

So I don't have a relation with Bank of America at all. I just created A checking and savings account with them.

---

Fairly nice line up of cards you have there, counselor. Why are you so fired up for the BOA cash rewards card?

---

This was my thought as well... It seems you have all the bases covered? BCE for gas and grocery, SavorOne for dining and entertainment, Amazon Visa for.... Amazon, 5% categories with Freedom and Discover, and Citi DC for a daily driver. BoA AAA Rewards will give you 2X at Costco if you spend a lot there, but otherwise Cash Rewards is going to be redundant to cards you already have.

If anything, I'd cool my jets for a while, then try for Sapphire Preferred to compliment your Freedom/Freedom Unlimited, then work on growing the credit limits in the garden.