@JR_TX wrote:I would also suggest opening a checking/Savings acct with them prior to your app if you don't already have one as BoA is quite well known to be a "relationship" lender. It will also increase your chance of approval and somewhat higher SL .
That is of course if you must have a credit product from them.
I don't know about that. Yes they appreciate a relationship beyond credit products, but unless one has substantial, seven figure assets with BoA/Merrill Lynch, I doubt it has much, if any, impact on approval/SL.
Last App: 1/10/2023
Penfed Gold Visa Card
Currently rebuilding as of 04/11/2019.
Starting FICO 8 Scores:
Current FICO 8 scores:
@JR_TX wrote:I would also suggest opening a checking/Savings acct with them prior to your app if you don't already have one as BoA is quite well known to be a "relationship" lender. It will also increase your chance of approval and somewhat higher SL .
That is of course if you must have a credit product from them.
I don't know about that. Yes they appreciate a relationship beyond credit products, but unless one has substantial, seven figure assets with BoA/Merrill Lynch, I doubt it has much, if any, impact on approval/SL.
They might've changed in recent year/months but that's how I got back in with them after burning them for over $30K in my BK7 dc in 2011. They took me back in with a $99/500 offer back in 2015 after a denial in which they specifically mentioned my relationship (Checking/Savings) with them since the 90's.
Now I think I'm back in full graces with them as I've already stopped asking for CLI for years now since I have more than enough I could ever need for the credit card.
Obviously everything is YMMV just stating my experience with them.
New cc TLs : 0/6 ; 0/12 ; 0/24 | HPs EX 3 EQ 3 TU 4 | AAoA 8y1m | UTIL 1% - 4% | $300K+ Total Limits
