cancel
Showing results for 
Search instead for 
Did you mean: 

Bank of America 1-2-3 CashRewards Approval

tag
Anonymous
Not applicable

Bank of America 1-2-3 CashRewards Approval

BOA Approval.PNGHello myFICOers,

 

I applied for the Bank of America 1-2-3 Cash Rewards Visa Signature Card. I was previously declined for the same card in May and was offered the 99/500 offer but refused because I was dumb and didn't realize that I was offered the unicorn. Fast forward to today; received a letter in the mail that my earlier denial was in error due to a fraud alert. Was told to callback with the reference number on the letter. I bit and called they apologized and said the last application was deleted as it was over 90 days so need to apply again so well I did. Applied and the application went into pending status. Called the backdoor number verified my identity and the information on the fraud alert. Verified everything and was put on hold and he came back and basically non shalantly said "Congratulations Sir! you application is approved". You should receive the card in 7-10 business days. When I asked about the credit limit, apr and the offer I was approved for he gave me a $5K limit with 16.99% apr with 0% for 15 billing cycles. I was shocked and didnt belive him and told him that online status still shows under review. Well, he said I should receive an email and the status will update overnight.

Holy smokes! I am ecstatic. Great to be in with BoA. Below are my stats:

Score used EX FICO 08: 682

AAoA: 2 years 2 months

UTI: 10%

Inq: 17; 12 in the last 12 months

New Accounts: 10 in the past 6 months including this one.

Income: 55KBOA Approval.PNG

Well, the verdict is that BOA is not inq and new account sensitive but YMMV.

Thanks to all along this journey.

9 REPLIES 9
AverageJoesCredit
Legendary Contributor

Re: Bank of America 1-2-3 CashRewards Approval

Sweet deal Vic, well doneSmiley Happy. Should grow nicelySmiley Wink
Message 2 of 10
Anonymous
Not applicable

Re: Bank of America 1-2-3 CashRewards Approval

Congrats! but what is YMMV?

Message 3 of 10
UncleB
Credit Mentor

Re: Bank of America 1-2-3 CashRewards Approval

Hi @Anonymous, congrats on the approval!

 

I've merged your two identical threads; if you have a problem again with threads not showing up on the forum let a moderator know and we can restore it to the forum.  Smiley Wink

Message 4 of 10
UncleB
Credit Mentor

Re: Bank of America 1-2-3 CashRewards Approval


@Anonymous wrote:

Congrats! but what is YMMV?


Your Mileage May Vary.  Smiley Wink

 

Here's a link to a thread that lists common abbreviations used on myFICO:  http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/td-p/88458

Message 5 of 10
Anonymous
Not applicable

Re: Bank of America 1-2-3 CashRewards Approval

Well I wonder if my odds get better if I have both a checking and savings account with them for the past 4.5 years and have my direct deposit with bank of america

Message 6 of 10
Meanmchine
Super Contributor

Re: Bank of America 1-2-3 CashRewards Approval

I was hoping the same thing except Ive had my checking account with them for 25 years

 

>3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>5/2023 All 3 reports 840ish (F8) F9s = 850 but my app finger is still twitching
Message 7 of 10
Anonymous
Not applicable

Re: Bank of America 1-2-3 CashRewards Approval

Congratulations...I really like BOA...use the card and pay on time...it will grow nicely....Smiley Happy

Message 8 of 10
Anonymous
Not applicable

Re: Bank of America 1-2-3 CashRewards Approval

Congrats!
Message 9 of 10
JustBPatient
Established Contributor

Re: Bank of America 1-2-3 CashRewards Approval

Great job!!  And dont forget to ask for 25k when that request credit line increase prompt shows up in 6 months.

Amex Gold =Amex ED 20k = Amex BCP 14k = Amex SPG Lux 2k = Arrival 2k = Ring 14k = BOA 321 30k = BOA BBR 10k = CSR 25k = Freedom 10k = Citi Simplicity 9k = Citi DC 5k = Citi DP 3k = DCVR IT 16k = DCVR IT(2) 10k = CAP1 QS 15k = NFCU CR24k/AE25k/CLOC 15k = BBVA 14k = Wells Plat. 5k = (2) US Bank Cash+ 13k, 18k = PenFed 17k

FICO scores TU 764 EX 739 EQ 745
Message 10 of 10
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.