Bank Of America Credit Card Application Rules

For example you could only be approved of a maximum of. You likely won t get approved for multiple applications on the same day even if you call reconsideration.

Previously you must understand the background of Credit and get some Bank of america credit card application rules references in other articles on this website.

You can only get approved for three new bank of america credit card within a rolling 12 months.

Bank of america credit card application rules. 4 new cards in a 24 month period. Factors that often result in a denial. You can only get approved for two new bank of america credit card within a rolling 2 months.

Redeem for cash back as a deposit into bank of america checking or savings accounts for credit to eligible merrill accounts including 529 accounts as a statement credit to your credit card or for gift cards and purchases at the bank of america travel center. That means you can get the bonus on just about every card once but you can t get it again in. Bank of america can be strict when evaluating credit card applications potentially denying your application even if you aren t breaking the rules above.

In the past bank of america has been known to limit you to a certain number of new bank of america credit card accounts over the span of a month to 24 months. You need to cancel an existing. However there are a few general rules of thumb to follow if you re looking to apply for multiple cards issued by the bank in a short period of time.

You can only get approved for four new bank of america credit card within a rolling 24 months. They re now adding a further restriction to that. Four new boa cards in a 24 month period.

This means you could apply for 2 bank of america cards within the same month or even the same day. Historically bank of america has been pretty lax when it comes to their rules so this is a significant change. Two credit cards.

Bank of america credit card application bonus rules summary. 3 new cards in a 12 month period. Two new boa cards in a 30 day period.

In terms of application restrictions bank of america has the 2 3 4 rule which allows you to be approved for. Four credit card limit. 2 new cards in a 2 month period.

Their major rule was known as the 2 3 4 rule where they would typically only approve you for two cards every two months three cards every 12 months and four cards every 24 months. American express application rules once in a lifetime rule. Three new boa cards in a 12 month period.

At this very moment american express seems to be limiting people to having four of their credit.

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