BOA After BK 7

Kasuito39 · ‎12-22-2021

I logged in this morning and noticed I was preselected for the BOA Customized Cash Rewards with $500 Limit and thought why not. App was instantly approved for $500. I have banked with BOA for 13 years and never had any of there credit products.

With 4year old BK 7 should I recon and ask for more?

Can I use the same hard pull to apply for there business card even though I don't have a business checking account with them? or should I wait?

Any BOA dps?

Fico scores Exp 689, TU 691 & EQ 709

Utilization 1%

Inquiries 6/12 Exp, 5/12 TU, 3/12

NRB525 · ‎12-22-2021

Congrats on your rewards card approval !

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

M_Smart007 · ‎12-22-2021

Congratulations on your BOA approval!

coldfusion · ‎12-22-2021

Congrats on your approval.

Historically BoA would reuse a HP for 30 days for additional credit products although I can't confirm that right now they still universally do that.

A $500 approval means that they see themselves as taking a chance on you and give you the opportunity to prove yourself by establishing a track record of usage and good payment history. There's nothing wrong with calling them to recon for a higher limit as long as you temper expectations but I would hold off on applying for another card from them for at least several months.

(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