My AOR’s these days are very limited due to being banned from most banks, so the pool to choose from is pretty small. I can’t do USB, Chase, Cap1, or Barclays, so I’m mainly left with AMEX, Citi, and BoA as the major ones to choose from. I skipped on AMEX since I got the Blue + last month. Citi didn’t have any compelling cards, so I didn’t bother with them. So, all that was left was BoA…
First off, let me say that I had cancelled all of my BoA cards over a month ago except for a ML card. I did NOT reduce any CL’s before cancelling the cards.
Merrill Plus card – Approved and then denied
Like i said, this was the only BoA card when I applied. I applied for this card because of this. I phoned in this application since that’s the only way to get it today. After a tedious 10-15 minutes, my application went to PENDING. I waited a week and eventually received an email saying I was approved. Then shortly after that, I got a letter saying I was denied
Alaska Personal – Rejected in letter
Applied on same day after ML+ card. Got pending when I submitted. Waited a week and got the letter saying something to the effect of, “You already have enough sufficient credit with us.” I have not bothered to call in to recon. Has anyone tried?
Alaska Business – Approved after phone call
Went to pending when I submitted. After 2-3 days, a BoA rep called me asking me about my business (it was similar to the old Chase Ink grilling – how long have you been in business, what type of business, what was gross and net revenue, etc.) After the phone call, the rep told me I was APPROVED.
For sure, BoA is cracking down on churning these days.