"What Happened???? "
Bank of America WorldPoints Platinum Plus® MasterCard® Credit Card Review
Written by: rosacatty on 2008-09-06
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
rosacatty's review: 
In Feb of 2008 I had to delcare bankrupt (What divorce will do to you!!). After speaking with my credit counselor she suggested I apply for the BOA secured CC since I am a checking and savings client with them and start all over again. I received a "they need to look into furthur" message. (I applied online). Finally after a couple days I receive a message to sign in and check my status. To my surprise, I was denied the secured CC but was approved for the Platinum plus MC with a 8000 CL. So I downloaded the picture I wanted for my card and waited for my card. Waited and Waited... Finally after 3 weeks I called the bank to see why I have yet to receive the card... I was told I was not approved???? I could not believe that a bank will approve you for CC for which I did not even applied for... Ask for me to chose a picture then completely pulled out the rug form under me... I am not upset now (since I now have my discover card and no other cards!!))... But what happened????? The rep could not tell me. I still have my checking and savings with them... Thanks for this forum... I've learn a lot since I am also trying to reach my goals of the 700 club once again!!!
In Feb of 2008 I had to delcare bankrupt (What divorce will do to you!!). After speaking with my credit counselor she suggested I apply for the BOA secured CC since I am a checking and savings client with them and start all over again. I received a "they need to look into furthur" message. (I applied online). Finally after a couple days I receive a message to sign in and check my status. To my surprise, I was denied the secured CC but was approved for the Platinum plus MC with a 8000 CL. So I downloaded the picture I wanted for my card and waited for my card. Waited and Waited... Finally after 3 weeks I called the bank to see why I have yet to receive the card... I was told I was not approved???? I could not believe that a bank will approve you for CC for which I did not even applied for... Ask for me to chose a picture then completely pulled out the rug form under me... I am not upset now (since I now have my discover card and no other cards!!))... But what happened????? The rep could not tell me. I still have my checking and savings with them... Thanks for this forum... I've learn a lot since I am also trying to reach my goals of the 700 club once again!!!
7 Comments
Comment 1 by mrrob
I Know The Feeling 
on 2008-09-06
This happened to me a few years ago. It doesn't make you feel good when a bank renigs like that. Keep working on your scores and eventually you will have the cards that you desire.
mrrob
on 2008-09-06 This happened to me a few years ago. It doesn't make you feel good when a bank renigs like that. Keep working on your scores and eventually you will have the cards that you desire.mrrob
Comment 2 by yoyo11
Online W/Bank Of America on 2008-09-06
Hello,
I have a CK w/BOFA... Applied for a reg/cc got denied but was offered the 99/500 partial cc. Approve the money to be taken out of my account... Picked the photo etc... Etc... Weeks went by and I called... They didn't not have my application. Did another "hard pull and was declined".
I think there's a something wrong w/the online processing. I was denied to to BK. Note: when I was going on my account... The card continued to say" your card will be forthcoming shorthly" Go figure...
However, read forum and card reviews... You'll get your scores and card offers soon... Try Cap1, Hooters, and Orchard.
on 2008-09-06 Hello,I have a CK w/BOFA... Applied for a reg/cc got denied but was offered the 99/500 partial cc. Approve the money to be taken out of my account... Picked the photo etc... Etc... Weeks went by and I called... They didn't not have my application. Did another "hard pull and was declined".
I think there's a something wrong w/the online processing. I was denied to to BK. Note: when I was going on my account... The card continued to say" your card will be forthcoming shorthly" Go figure...
However, read forum and card reviews... You'll get your scores and card offers soon... Try Cap1, Hooters, and Orchard.
Comment 3 by hjm331
RE: Shark6 on 2008-09-07
Sounds like you were pre-approved for the Platinum Plus MC, not approved. When someone is denied for a credit card, they are usually offered a pre-approval, not automatically approved.
on 2008-09-07 Sounds like you were pre-approved for the Platinum Plus MC, not approved. When someone is denied for a credit card, they are usually offered a pre-approval, not automatically approved.
Comment 4 by rosacatty
Thanks.......... on 2008-09-07
Thanks for everyones comments... I see that I was not the only one... However, I was approved according to the status email and they did ask for me to go the website and pick the picture or download any picture to my card and once I did that it stated that I will receive my cards 7 to 10 days. So there was no mistaking the approval. It was what happened next that still has me scratching my head... I have moved on and still continue my banking with them even though I went thru that expierienced... Thanks again!!
on 2008-09-07 Thanks for everyones comments... I see that I was not the only one... However, I was approved according to the status email and they did ask for me to go the website and pick the picture or download any picture to my card and once I did that it stated that I will receive my cards 7 to 10 days. So there was no mistaking the approval. It was what happened next that still has me scratching my head... I have moved on and still continue my banking with them even though I went thru that expierienced... Thanks again!!
Comment 5 by colonative
Bureau on 2008-09-07
Which bureau did they pull? I worked in the credit card industry and you would be surprised what is and isn't on some bureaus. I noticed one cardholder who had only a few, good tradelines on Equifax when we opened the account, then when the cardholder became past due we pulled TU and Exp and found a whole mess of bad accounts that had we seen on Equifax the person would have never had been extended credit.
From what I remember BofA doesn't like bankruptcies even for the secured card (that was a few years ago so it might have changed).
So, maybe you were approved because a bureau didn't have the bankruptcy or maybe it was just a glitch or human error. I am glad you are not upset about it (and honestly you should not be surprised due to the 7 month old bky).
Hang in there, I am sure once your bankruptcy is discharged you will have a pre-approved Capital One offer in your mailbox. Stay away from First Premier/Continental Finance/Tribute. Also check with your credit union to see if they offer a secured card or see what Citibank's requirements are for their secured card (unless they were a creditor in your bankruptcy)-that is the best way to go.
on 2008-09-07 Which bureau did they pull? I worked in the credit card industry and you would be surprised what is and isn't on some bureaus. I noticed one cardholder who had only a few, good tradelines on Equifax when we opened the account, then when the cardholder became past due we pulled TU and Exp and found a whole mess of bad accounts that had we seen on Equifax the person would have never had been extended credit.From what I remember BofA doesn't like bankruptcies even for the secured card (that was a few years ago so it might have changed).
So, maybe you were approved because a bureau didn't have the bankruptcy or maybe it was just a glitch or human error. I am glad you are not upset about it (and honestly you should not be surprised due to the 7 month old bky).
Hang in there, I am sure once your bankruptcy is discharged you will have a pre-approved Capital One offer in your mailbox. Stay away from First Premier/Continental Finance/Tribute. Also check with your credit union to see if they offer a secured card or see what Citibank's requirements are for their secured card (unless they were a creditor in your bankruptcy)-that is the best way to go.
Comment 6 by rosacatty
Thanks For The Insight... on 2008-09-07
I looked thru my report (I also have privacy assist with BOA) and it looks like they pulled form Experian. However my bk was discharged back in Feb 2008. I was not even thinking of applying for any cc but for a secured card... So, I do veer towards maybe human error?... Because there is nothing diff in all three credit report. Believe me I am on top of my credit report ever since the nightmare I went thru in November... Thanks to my Ex!... So, I do agree with you and thanks for the insight!!! I guess if ever I needed an explaination that could 've explained what happened, came from you guys... Thanks again!!
on 2008-09-07 I looked thru my report (I also have privacy assist with BOA) and it looks like they pulled form Experian. However my bk was discharged back in Feb 2008. I was not even thinking of applying for any cc but for a secured card... So, I do veer towards maybe human error?... Because there is nothing diff in all three credit report. Believe me I am on top of my credit report ever since the nightmare I went thru in November... Thanks to my Ex!... So, I do agree with you and thanks for the insight!!! I guess if ever I needed an explaination that could 've explained what happened, came from you guys... Thanks again!!
Comment 7 by rockin35
Fico Qualified/ But BK Disqualified on 2008-09-12
Hi,
It could be that your FICO score may still qualify for the Secured card in the scoring system but upon a manual review of your complete credit report, the Bankruptcy ultimately disqualified your application. This can happen if you apply online or over the phone, or in a store and then weeks later get the denial letter.
Just a thought...
Rockin35
on 2008-09-12 Hi,It could be that your FICO score may still qualify for the Secured card in the scoring system but upon a manual review of your complete credit report, the Bankruptcy ultimately disqualified your application. This can happen if you apply online or over the phone, or in a store and then weeks later get the denial letter.
Just a thought...
Rockin35
Please login or register for free to view your stats, add reviews and card application results, or post comments.
Credit card reviews and comments are posted by user submission and do not warrant the opinions of Finance Globe.
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.
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.
