How long does it take to get approved for a Bank of America credit card?

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.... read full answer

Other requirements are a completed application with all requested personal and financial information, including your name, address, birthdate, annual income and sources for that income. If under 21, the CARD Act emphasizes that you must be able to provide proof of an independent source of income for making payments. You will also be asked for your monthly rental or mortgage payment.

Here are the Bank of America credit card requirements:

• Age: Applicants must be at least 18 years old. The CARD Act emphasizes that applicants under 21 need to be able to prove that they have an independent source of income that is enough to make credit card payments. If you’re under 18, you may become an authorized user on someone else’s Bank of America credit card account.
• U.S. residence: Online applicants must be U.S. residents. Non-resident aliens may apply through a local Bank of America financial center or by calling (800) 932-2775.
• SSN/ITIN: Online applicants require a Social Security Number. Applying with an ITIN requires visiting a Bank of America financial You can also schedule an appointment with a specialist ahead of time.
• Personal and financial information: Applicants are required to provide personal information such as their name, address, phone number, email, citizenship tatus, country of residence and date of birth. In addition to this, Bank of America also asks for financial information such as employment status, annual income, source of income, and monthly housing payments.
• Credit requirements: In addition to general requirements, each Bank of America credit card has its own requirements with regard to creditworthiness. Fortunately, Bank of America has credit card offers for most credit score ranges.

When you apply, enter complete and accurate information in each required field. Knowingly submitting false or misleading information on a credit card application is considered fraud and is illegal. Bank of America credit cards will also have specific credit score requirements. If you don’t know where you stand, you can check your credit score for free, right here on WalletHub. You can also check out our editor’s guide on how to improve your credit score.

Your Bank of America credit card approval odds are best if you have a credit score of 750 or higher. Most Bank of America credit cards require excellent credit for approval. You can also check for Bank of America pre-approval to get a better sense of your BofA credit card approval odds.... read full answer

The Bank of America credit card with the highest approval odds is the Bank of America Custom Cash Secured Card, which you can get with bad credit. If you're in college, there's a very good chance you'll be approved for one of the Bank of America student cards.

Here's what you need for good Bank of America credit card approval odds:

• Bank of America Custom Cash Secured Card: $200 minimum security deposit, bad credit accepted.
• BankAmericard® Credit Card for Students: Limited History credit, enrollment in a college or university.
• Bank of America Customized Cash Rewards for Students: Excellent credit, enrollment in a college or university.
• Bank of America Travel Rewards for Students: Excellent credit, enrollment in a college or university.
• Bank of America Customized Cash Rewards credit card: Excellent credit
• Bank of America Travel Rewards credit card: Excellent credit
• Bank of America Premium Rewards credit card: Excellent credit
• BankAmericard credit card: Excellent credit

In general, your chances of being approved for a Bank of America credit card depend on your credit standing, income and debt, as well as which card you apply for.

Bank of America will also consider things like your employment status and how many credit accounts you have open. All applicants need to be at least 18 years old and U.S. residents. Non-resident aliens are eligible for certain credit card offers at local Bank of America financial centers.

How to increase your Bank of America credit card approval odds:

• Always pay your bills on time.
• Keep your credit utilization at 30% or less.
• Improve your credit score.

If you have your sights set on a card, make sure you know where you stand before applying. You can check your score for free, right here on WalletHub.

It can take anywhere from less than a minute to a few weeks to get approved for a credit card. The amount of time depends on how you apply, how good your credit is relative to the requirements of the card, and whether the issuer can immediately verify your information. You could be ... read full answerinstantly approved if you apply online and are obviously qualified. But if you don’t get instant approval, it’ll typically take at least 7-10 business days to hear back.

Here’s what affects how long it takes to get approved for a credit card:

• The way you apply. You can apply for most credit cards by mail, by phone or online. If you apply by mail, that’s going to add an extra 1-7 days just for your application to get there. The other two methods both allow for instant approval.
• Your credit and income. No credit card guarantees instant approval. You’ll only get it if you exceed the issuer’s credit, income and other requirements. If you’re right on the border of qualifying, the issuer will probably take longer to consider your application. The typical wait time is 7-10 business days, which translates to around two weeks.
• Your personal info. You’ll need to enter details like your name, date of birth, address and Social Security number when you apply for any card. That information also is present on your credit reports, which the issuer will check during the approval process. If the information on your application doesn’t match the information on your report, or if it gets flagged as fraudulent, it will hold up the process until the issuer can verify your identity.

So the standard timeframe in which you can expect to be approved for a credit card and receive it by mail is approximately 3-4 weeks. If you’re not approved instantly, count on 7-10 business days for approval and 7-10 business days for delivery. And if you’re itching to get your card faster, don’t forget to ask the issuer about expedited delivery.