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?
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!
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 looking out & thank you!