muji

I think it is. To be on the safe side, I'll be following the
90-days-between-business-applications plan, as bchips has done (below).

nineworldseries

Data points: Applied for my first Alaska card 1/2016. Instantly approved with $12k credit limit. DM'ed BOA a few months later and preemptively lowered it to $5k. I already have a BoA Travel Rewards with a 6.8k limit I also lowered to 5k at the same time. Approved 10/6/2016 for a 2nd Alaska card, instantly approved for 8k.

Superorb

Dammit BOA, you're all over the place. How are we supposed to figure you out if we cannot establish a pattern?

ninim2200

Wife applied for Biz and Personal cards, Biz auto approved, Personal pending due to credit frozen, called today denied " we extended two other credit cards to you this year"

She has 2 personal cards open prior to applications, its time to close those cards.

express3

Great, just as I was planning on doing the second one! Maybe I should close the first, wait a bit, and then try...

bodiddely

I just applied for an Asiana card (I know this is AS thread, but hoping the folks here with extensive BofA expertise may be able to help..). App went to pending, so I called recon. They said problem was my Experian was frozen and I asked if they could pull TU, which they agreed to. She said she wasn't able to approve account as most of my revolving accounts were new (which is true, have 12 or so new cards in last year). I do have a 12 year old BofA Worldpoints card I never use and offered to transfer credit from that, but she refused. Said I needed to demonstrate more history with the new revolving accounts. I was pretty shocked at the denial. All three FICOs/FAKOs are mid-high 700s, seasoned mortgage and auto loans on report (so it's not just a bunch of relatively new CCs), six figure income. And I've been approved for 2 business AS and 1 business Asiana card in past 2 months (she didn't cite those, presumably because they are not on my personal report)?

Any chance of reconning this with another agent? I had been planning to do Asiana card then a personal AS card but this threw me for a loop!

akcae

Clearly they don't like what they see in your TU credit report. Any reason you don't want them pulling EX?

bodiddely

More inquiries on EX. Only Barclay (and, apparently only sometimes, BofA) pull my TU so I prefer inquiries to go there. EX will be the same info. Lots of new revolving accounts but very low (under 2% on each card and across board) utilization.

Happy

The number of new accounts reported on TU should be the same as on TU. The rep commented on the new accounts opened without much of history.

This implies to that BofA now not just looks into number of inquiries but number of new accounts opened - a la Chase but not yet a defined rule.

krazykanuck

I've read back a few pages and these DPs are all over the place.

My situation:
AS 1 Personal- opened May 2015, closed June 2016
AS 2 Business- same schedule
AS 3 Personal- opened December 2015, still open with a CL of $5k

I'd like to pull the trigger on another one, but can't decide what's lowest risk/highest change of auto approval. I have 2 other open BoA CCs (CLs of $1k and $5k), so total exposure of $11k.

Suggestions? Go for Biz since I have an open personal? Close the personal (which I was going to do before the fee anyway) and apply for another one in a couple months?

ninim2200

to me this sounds like a good plan.

jordan_h

Note: I didn't see a thread for retention offers on this card, so I'll put this here. Got offered 2500 miles today to keep my card open; had for 12 months, ~$3000 spend. Declined the offer, but might be worth a call for someone who'd otherwise keep the card open. CS rep offered it proactively - I didn't ask about offers or get transferred to a retention department.

StartinSanDiego

[QUOTE=bodiddely;27371297I do have a 12 year old BofA Worldpoints card I never use and offered to transfer credit from that, but she refused. [/QUOTE]

I strongly suggest that you start using this card to sweeten up your relationship with BoA. Our oldest card (morphed from an AOPA card) is the Worldpoints card with little or no use for years. BoA closed it when we applied for our first Alaska card, and required a hard pull to reopen it. We agreed to the HP, due to the benefits of having this very seasoned card on our credit report. I now use it at least once a month, but BoA likes to see "regular" use on the cards they issue.

jasonz9238

I am currently on my 4th BOA Alaska personal card, I usually apply 3 months apart after I lower the CL to 5k and then I cancel the previous card after I receive the new one. Does anyone have any suggestions on how to best maximize my chances of getting approved for the business card? should I wait x days after a personal card approval or is it more about the total credit limit that you have with BOA?

PumpkinSmasher

When you say "regular," is that monthly? How much spend?