Joseph Bulebush, WalletHub Analyst
@joeybule
The Bank of America® Customized Cash Rewards credit card credit limit will be based on your creditworthiness once your application has been approved. However, there's no surefire way of knowing your credit limit beforehand as Bank of America does not disclose this information on their website.
What you should know about the Bank of America Customized Cash Rewards credit card credit limit:
- There's no surefire way of knowing your Bank of America Customized Cash Rewards credit card credit limit before applying and getting approved.
- If you’re not happy with the Bank of America Customized Cash Rewards credit card credit limit you have received, you can request a credit limit increase anytime. You can make a request from your account online or by calling (855) 307-3887.
- Requesting a Bank of America Customized Cash Rewards credit card credit limit increase will result in a soft inquiry, and it won’t affect your credit score as a result.
- To improve your chances of being approved for a higher credit limit, always pay your bills on time, and stay well below your credit limit.
If you’re looking for a credit card that offers a high starting credit limit, you should consider getting the Wells Fargo Active Cash® Card. This card has a starting credit limit of $1,000. Wells Fargo Active Cash® Card also has a $0 annual fee and requires at least good credit for approval. Plus, you can earn 2% cash rewards on purchases.
Bank of America® Customized Cash Rewards credit card
Anna Weaver, Member
@anna_weaver
The starting credit limit for the Bank of America Cash Rewards card is at least $500. Your limit will be determined based on your creditworthiness and disposable income.
Your creditworthiness says how responsible of a borrower you’ve been to date as well as how much debt you’ve incurred, and your income tells them how much additional credit you can comfortably afford.
People also ask
What credit score do you need for the Bank of America Cash Rewards credit card?
You need a credit score of 750+ to get the Bank of America Customized Cash Rewards credit card. That means people with excellent credit have a shot at getting approved for this card.
You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Bank of America Customized Cash Rewards credit card, too.
Bank of America Customized Cash Rewards credit card Approval Requirements
- Minimum credit score: 750+ (excellent credit).
- Other factors: Annual income, employment...
How do you get a Bank of America credit line increase?
You can get a Bank of America credit line increase by requesting it online or by calling customer service at (800) 732-9194. For the best chances of receiving a Bank of America credit line increase, you should have at least six consecutive months of on-time payments under your belt. Having more income and/or less debt than you did when you got your Bank of America credit card will help, too.
How To Get a Bank...
read full answerWhat are the Bank of America credit card requirements?
To meet the Bank of America credit card requirements, you must be a U.S. resident who is at least 18 years old. Non-resident aliens can only apply for certain Bank of America credit card offers through a local Bank of America financial center. You must also agree to let Bank of America pull a copy of your credit report and employment history.
Other requirements are a completed application with all requested personal and financial information, including your name, address, birthdate, annual...
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