"Declined"
Bank of America® Accelerated Cash Rewards™ American Express® Card Review
Written by: bc8787 on 2011-07-19
Overall Satisfaction
Customer Service
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bc8787's review: 
Applied and after about 2 minutes of processing came back with a denial. :( Not even a "we need more time to process your application". Got the reason why today: Reason 1- Too many inquries. No other reasons listed.
Applied and after about 2 minutes of processing came back with a denial. :( Not even a "we need more time to process your application". Got the reason why today: Reason 1- Too many inquries. No other reasons listed.
4 Comments
Comment 1 by rsty99
Re: Declined 
on 2011-07-19
You may want to call them, or just wait until your inquiries fall off, good luck
on 2011-07-19 You may want to call them, or just wait until your inquiries fall off, good luck
Comment 2 by majtykamadness
Re: Declined on 2011-07-20
You are probably better off. BOA isn't very good in my opinion and they are losing LOTS of money right now. Fees and rates will have to increase to make up for their losses. They have low APR that's about it.
Good luck!
on 2011-07-20 You are probably better off. BOA isn't very good in my opinion and they are losing LOTS of money right now. Fees and rates will have to increase to make up for their losses. They have low APR that's about it. Good luck!
Comment 3 by bc8787
Re: Declined on 2011-07-20
Yeah Im not that interested in calling them. I have the BOA cash rewards and I am also a former BOA employee. I have to say I hate them even more now that I have been an employee for them. Im going to wait until my inquiries fall off and get the Amex Blue cash, thats the one I really want.
on 2011-07-20 Yeah Im not that interested in calling them. I have the BOA cash rewards and I am also a former BOA employee. I have to say I hate them even more now that I have been an employee for them. Im going to wait until my inquiries fall off and get the Amex Blue cash, thats the one I really want.
Comment 4 by majtykamadness
Re: Declined on 2011-07-21
Very good choice in my opinion to avoid BOA. I've had the Amex Blue Cash since '04 and my CL went from $1200 to $25K. And just recently I was upgraded (by choice) to the Blue Cash preferred card that offers you excellent cash back options w/o having to spend a certain level. You should read into it and see if it is something you might like. The card carries a $75 annual fee, but you get 6% CB on groceries, 3% CB on gas and shopping and 1% on everything else, and there is NO amount you must spend to get that %. It's very nice. My APR started at 9% and is at 12.25% now and it's been 7 years. They once tried to raise it to 17% and I called complaining and since I was in good standing they immediately lowered it to 12.25% without and paperwork or anything.
GL and I hope you get the card.
on 2011-07-21 Very good choice in my opinion to avoid BOA. I've had the Amex Blue Cash since '04 and my CL went from $1200 to $25K. And just recently I was upgraded (by choice) to the Blue Cash preferred card that offers you excellent cash back options w/o having to spend a certain level. You should read into it and see if it is something you might like. The card carries a $75 annual fee, but you get 6% CB on groceries, 3% CB on gas and shopping and 1% on everything else, and there is NO amount you must spend to get that %. It's very nice. My APR started at 9% and is at 12.25% now and it's been 7 years. They once tried to raise it to 17% and I called complaining and since I was in good standing they immediately lowered it to 12.25% without and paperwork or anything. GL and I hope you get the card.
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Disclaimer: This content is not provided by Bank of America®. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Bank of America®. Review content is powered by Finance Globe.
