Originally Posted by
XStroX
Hoping someone can help me out here as BoA has not been helpful at all.
Quick history: Both my wife and I have applied for multiple BoA cards over the past 7 years and never had any issues getting approved. We've both had the Alaska card countless times, never more than 1 at a time. Always keep 10-11 months before closing. Both of us have 800+ credit scores. Neither of us have ever been denied after 7 years and 50 or so credit cards by any bank, until recently. And neither of us currently have any BoA cards open. I am aware of their 2/3/4 rules and am not violating any of those.
I applied for a BoA Alaska card back in early April and was denied instantly. I was told I had too many applications in the past 90 days. I had applied for and received 2 cards in the prior 90 days and neither with BoA. Looking back at my records this is no worse (and actually better) than previous applications for the same card which were approved years prior.
I then figured I'd have my wife try. She tried a few days later and was denied instantly as well. Never received the letter in the mail and the Rep on the phone would not say why. She had applied for and was approved for 1 card in the previous 6 months, 50 days or so prior to this application.
Fast forward to end of July. I had my wife try applying to the BoA Premium Awards card. Again denied instantly. Again, she had not applied for or been approved for any cards in the previous 90 days. She had applied for 3 cards and been approved in the previous 6 months. This time the Rep on the phone said to try waiting a bit longer. I asked if it had to be 6 months and she said "that might work".
Is there a new rule in addition to the 2/3/4 rule for BoA that I am unaware of? Do you have to wait 6 months from any application/approval? Something is preventing both of us from getting their cards and it isn't related to how many or how frequent we apply for BoA cards. I'm scared to try again but would love to have both the Alaska and the Premium Awards cards.
Thanks!
With the AS personal card the T&Cs say you aren't eligible if you currently have, or have had within the preceding 24 months, the Alaska personal card. So that would have shot down your wife's recent attempt (if I'm understanding correctly that she applied for another AS card 50 days after having opened an AS card - unclear in that part of your post if you're referring to 2 AS cards or something else).
It's advisable to lower your CL on AS card some time before canceling it as the CL left on a card at closure is unavailable for new credit for quite some time.
I guess I'd just wait longer before trying again since too many recent inquiries is what they're giving as reasons. If possible focus upcoming apps on card issuers that report to different credit bureaus than what BofA uses for you and on business card apps so the new account won't even show up.
That's about all I can think of. Sorry it's probably not of much help. Good luck!