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How Many Bank of America Cash Rewards Can you Have?

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Te3030
Regular Contributor

How Many Bank of America Cash Rewards Can you Have?

I have a 99/500 Boa Cash Rewards. I checked the preapprovals site and was offered Cash Rewards, Travel Rewards, Better a Balance, & another, these are real offers with a APR. I am wondering if I am allowed to have another Cash Rewards? 

Message 1 of 11
10 REPLIES 10
B335is
Moderator Emeritus

Re: How Many Bank of America Cash Rewards Can you Have?

BoA lets you have as many of any card as long as you can get approved for it. How old is your secured card?
Message 2 of 11
Te3030
Regular Contributor

Re: How Many Bank of America Cash Rewards Can you Have?


@B335is wrote:
BoA lets you have as many of any card as long as you can get approved for it. How old is your secured card?

It's 4 mos old.

Message 3 of 11
B335is
Moderator Emeritus

Re: How Many Bank of America Cash Rewards Can you Have?

BoA pre approvals are pretty much meaningless though. Id wait until your secured card is at least 6 months old and use the hard pull towards getting it graduated. It has a high rate of eventually doing it on its own, but I'd really just save the hard pull for something else.
Message 4 of 11
Te3030
Regular Contributor

Re: How Many Bank of America Cash Rewards Can you Have?


@B335is wrote:
BoA pre approvals are pretty much meaningless though. Id wait until your secured card is at least 6 months old and use the hard pull towards getting it graduated. It has a high rate of eventually doing it on its own, but I'd really just save the hard pull for something else.
Oh, I thought with a APR listed they were more likely to approve? 

 

Message 5 of 11
B335is
Moderator Emeritus

Re: How Many Bank of America Cash Rewards Can you Have?

Does it give an exact APR or a range?
Message 6 of 11
Te3030
Regular Contributor

Re: How Many Bank of America Cash Rewards Can you Have?


@B335is wrote:
Does it give an exact APR or a range?

It was an exact Apr, not range, also the signature logo is not on the card. The bottom said offer good until 7/7/2015. After looking at it 3 times trying to decide to appy or not, it went back to the generic screen, and shows Apr range and signature. I applied anyways and was denied. Plan to call tomorrow for recon.

Message 7 of 11
TitaniumCash
Regular Contributor

Re: How Many Bank of America Cash Rewards Can you Have?

I had two cash rewards, applied to get the bonuses Smiley Very Happy. So yes, it's possible to have more than 1.

Message 8 of 11
B335is
Moderator Emeritus

Re: How Many Bank of America Cash Rewards Can you Have?

Te3030, so you applied? BoA is pretty good with reconsideration. Just be up front with their questions and any past missteps. Good luck and keep us posted!
Message 9 of 11
Te3030
Regular Contributor

Re: How Many Bank of America Cash Rewards Can you Have?


@B335is wrote:
Te3030, so you applied? BoA is pretty good with reconsideration. Just be up front with their questions and any past missteps. Good luck and keep us posted
Thanks, I will recon. What number should i call? The backdoor list confuses me.

 

Message 10 of 11
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