BoA PreQual Reliability

[Anonymous]

Just curious, how reliable is BoA’s pre-qualification tool?  

I have a “saved application,” pending for Cash Rewards Visa and am hesitant to pull the trigger - in light of the pre-qualified message I received.  I can't help but think BoA gives these messages to every potential applicant? 

[Anonymous]

Reading posts from before, nobody trusts its site and to give you more clarification, here's my post from earlier
Let us know what you decide to do!
https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Bank-of-America-do-not-provide-Pre-Approvals/...

[JustBPatient]

A preapproval will normally include a set APR%.  If it is a range of 15xx to 22xx for example, not as solid.  They also tend to use verbiage "we recommend", which is marketing.

Good luck!!

[Anonymous]

Good looking out & thank you!

[AverageJoesCredit]

Not worth anything. Are you looking for cash back, voila! WE RECOMMEND OUR CASH BACK CARD.

Better odds trusting Credit One that youll get hit with some kinda fee then a prequal from Boa. Just mo

[Jnbmom]

BOA prequalify about as reliable as the weather 😆