How Hard is to Get a Bank of America Credit Card? (2024)

FAQs

How Hard is to Get a Bank of America Credit Card? ›

Bank of America credit card approval odds are best for people with a good or excellent credit score of 700+, an annual income of $50,000+, and relatively little debt. Applicants will also need to be 18+ years old with a U.S. mailing address and an SSN or ITIN to get a Bank of America credit card.

Bottom Line: You'll need excellent credit for the best Bank of America credit cards, income and credit history are also important, and a Social Security number or ITIN number is required to be considered. Being an existing Bank of America customer can also help in getting approved.

Each of Bank of America's credit cards has its own approval requirements, though most require at least a “good” credit score, which FICO defines as 670 and above.

The Bank of America® Customized Cash Rewards Secured Credit Card is the easiest Bank of America credit card to get because you can get approved with bad credit. This means the odds of approval are good even with a credit score below 640.

When you check for preapproval, Bank of America will likely pull a soft credit check which doesn't hurt your credit score. However, if you do get preapproved and choose to apply for the credit card, the bank will perform a hard credit check, which may temporarily lower your credit score.

Bank of America application restrictions

According to cardholder reports, Bank of America uses a 2/3/4 rule: You can only be approved for two new cards within a 30-day period, three cards within a 12-month period and four cards within a 24-month period.

One of the easiest U.S. Bank credit cards you can get is the U.S. Bank Cash+® Visa® Secured Card. This card is available to applicants with bad credit, has a $0 annual fee and requires a minimum deposit of $300 to open the account.

Yes, it is hard to get the BankAmericard® credit card because it requires excellent credit for approval. Unless your credit score is 750 or higher and you have a lot of income, it will be difficult for you to get approved for the BankAmericard credit card.

One of the best Bank of America credit cards for bad credit is the Bank of America® Customized Cash Rewards Secured Credit Card because it offers 1 - 3% cash back on purchases. The Bank of America Custom Cash Secured Card also has a $0 annual fee. This card requires a $200+ security deposit.

Does Bank of America approve credit cards instantly? ›

When you submit an application online for one of Bank of America's credit cards, we'll provide you with one of the following responses in as little as 60 seconds after submitting your application: Your application has been approved.

The Bank of America card that gives the highest credit limit is the Bank of America® Customized Cash Rewards credit card, which has a reported maximum limit of $95,000. Your individual limit will be determined based on your credit history, income, outstanding debts, and other factors.

Centurion® Card from American Express

A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: The hardest credit card to get is the American Express Centurion Card. Known simply as the “Black Card,” you need an invitation to get Amex Centurion.

As long as you meet the credit score requirement and a few other requirements, it's not hard to get a Bank of America credit card. As with all credit cards, you'll need to have a steady income and be at least 18 years old. You'll also need to have an SSN or ITIN.

What score model was used to calculate my score? Your score in Online Banking is a FICO^® Score 8 based on TransUnion Data to manage your account and that is what Bank of America shares with you. FICO^® Scores consider five main categories of information from your credit report.

Bank of America primarily uses Experian reporting data, though it pulls Transunion reports in some states. Bank of America often sends preapproval offers to eligible applicants via email or regular mail, which increases these consumers' chances of being approved for a Bank of America card.

Factors that often result in a denial include: Too many recent hard credit inquiries. Lack of any banking or investment accounts with Bank of America. Too many existing Bank of America credit card accounts.

Here's the average credit limit of members who matched their Bank of America® Travel Rewards credit card or similar cards. The average credit limit for members who have matched with this card or similar cards is $9,289, with $10,000 being the most common.