For the best BankAmericard approval odds, an applicant must have an excellent credit score (750+ is ideal). It’s also important to have a high annual income and little existing debt. Bank of America will review several other key criteria, too, including the applicant’s payment history, employment status, monthly housing payments, number of open credit accounts and more.
Before you apply, consider using Bank of America’s pre-approval tool. You won’t be able to search for the BankAmericard Credit Card specifically, but the pre-approval tool will display all Bank of America cards for which you may qualify. This allows you to get a better idea of your BankAmericard approval odds with no risk to your credit score. Pre-approvals are done using a harmless soft inquiry. But if you then decide to apply for a card, Bank of America will perform a hard inquiry. This type of inquiry will cause a short-term drop in your credit score. Keep in mind, though, that being pre-approved doesn’t guarantee that you will get the card. You’ll still have to submit an application. But pre-approval is a strong indicator that your odds of approval will be high.
If your credit profile falls outside of the BankAmericard Credit Card’s range, you may want to consider applying for one of the other BankAmericard-branded offers. College kids with limited credit should be eligible for the BankAmericard Credit Card for Students. In addition, the BankAmericard Secured Card offers high approval odds for applicants with bad credit.
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