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BofA Biz Card Approval

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NYC_Fella
Frequent Contributor

BofA Biz Card Approval

Just got approved for a BofA "Business Advantage Unlimited Cash Rewards Mastercard", albeit with a paltry SL of $8K.

 

Does this card report to the consumer CRAs?

 

[Edited to add:] NM, I just found out that it does not, which means it won't count against my utilization.


Message 1 of 6
5 REPLIES 5
cashorcharge
Community Leader
Super Contributor

Re: BofA Biz Card Approval

Nicely done!! Congratulations on your Approval!!👏🏼🍾🥂

Message 2 of 6
SouthJamaica
Mega Contributor

Re: BofA Biz Card Approval

Congratulations on your approval.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 684 EX 685




Message 3 of 6
URHomeInvestments
Regular Contributor

Re: BofA Biz Card Approval

Congratulations on the approval.  How did you go about it, online or in person?  Any tips or pointers that you learned along the way?  What were your data points (FICO and length of time in business) please. 

Message 4 of 6
NYC_Fella
Frequent Contributor

Re: BofA Biz Card Approval


@URHomeInvestments wrote:

Congratulations on the approval.  How did you go about it, online or in person?  Any tips or pointers that you learned along the way?  What were your data points (FICO and length of time in business) please. 


Thanks. I did it online, responding to a "business card offer" link on my online business checking account screen. I'm sure that was a generic ad and not a preapproved offer. I was instantly approved. The business is a startup and has had little activity but was incorporated 2 years ago. I opened a BofA checking account about 6 months ago and it has had an average balance of $15K-$20K. I've also had a small personal BofA checking account and a personal CC for a little over a year.

 

My FICO scores and current cards can be seen in my signature.

 

Hope this helps!


Message 5 of 6
JoeRockhead
Senior Contributor

Re: BofA Biz Card Approval

Nice approval, congratulations!

Message 6 of 6
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