@Anonymous wrote:
Hi all
I applied for the Merrill+ Visa Signature a couple weeks ago. It was approved. Then I went ahead and applied for a BoA Cash Rewards card the same day hoping they would use the same hp. It was denied. Here is what I got as the denial reason in the letter I just received:
We could not approve your request because your credit references have not been established for a sufficient length of time and you have responded to an offer from us or one of our affiliates within the past 90 days.
Has anyone seen something like this from BoA? I thought they do approve more than one credit card in one day. Don't they?
As far as I know they use the same hp for 30 days. Should I call and reapply on the phone?
btw EX score is 730 and I've had checking and savings accounts with BoA for more than 6 years.
That's odd for sure. I applied for two card with Boa on the same day. Both went to pending. I called their credit team right away and was able to get them approved.
Are you saying that you applied for Merrill and Cash Rewards on the same day but Merrill was approved and Cash Rewards was denied right away? I also agree with you that most datapoints I see is that they can approve multiple cards on the same day.
Have you had previous Boa cards? Perhaps you are at their max credit limit allocated?
I dont think you need to reapply again. Just call their credit team and have them reconsider this denied application. Explain what you just told us... why you need the card and you have been a banking cusomter for more than 6 years etc etc. Just keep calling until you get it reconsidered. I do not think it's hard with Boa. The worse situation is that you could try to offer splitting some limit from Merrill to get Cash rewards open if they keep telling you no.
