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 Unlimited Cash Rewards credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.
Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But it’s best to wait to apply until you meet the Bank of America Unlimited Cash Rewards credit card credit score requirement. You can check your credit score for free on WalletHub.
Your Bank of America credit card approval odds are high if you have a credit score of 750 or higher in most cases. This means Bank of America credit cards usually require excellent credit for approval. You can also check for Bank of America pre-approval to get a better sense of your approval odds.
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, you may get...
The fastest ways to improve your credit score are to pay down your balances, dispute incorrect information on your credit report, make more frequent payments, and reduce credit utilization. Credit utilization (how much of your credit limits you use each month) contributes to a portion of your credit score that accounts for 20% - 30% of your overall score. So, an adjustment there can result in a big credit boost pretty quickly. Similarly, you can dispute...
A numeric representation of your credit history and creditworthiness. Some people may refer to it as the FICO Score, which is the most popular type of score.
Nevertheless it is important to know that there are thousands of credit scores and a lot of lenders also build and use their own proprietary scores.
Our Thoughts:
The higher your score, the better your credit. Paying your debts on time can help your credit score skyrocket. It's...
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