Is a Bank of America credit limit increase a soft pull?

Bank of America reports to the credit bureaus monthly, within days after the end of a cardholder’s monthly billing period. Bank of America reports a credit card’s credit limit, account balance, payment history, and more to all three of the major credit bureaus: TransUnion, Equifax, and Experian. Bank of America may use a certain credit bureau more than another, though, depending on the applicant’s home state and other factors.… read full answer

Once Bank of America reports your account information to the credit bureaus, it may take a few days before the updates appear on your credit report. New Bank of America cardholders may not see any new credit account info on their credit report for one or two billing periods after first getting a card.

If you’d like to review your up-to-date credit score and TransUnion credit report, you can sign up for a free account on WalletHub. That way, you’ll be able to check every day to see if there’s any new information from Bank of America on your credit report.

The Bank of America credit score requirement is 750 or higher for the best Bank of America credit card offers, though other options are available for people with lower scores. It is possible to get approved for a credit card from Bank of America with limited credit history or a bad credit score, for example.… read full answer

Bank of America Credit Score Requirements by Card

• Bank of America® Customized Cash Rewards Secured Credit Card: 300 (Bad credit)
• Sonesta Credit Card: 700 (Good credit)
• Alaska Airlines Credit Card: 700 (Good credit)
• Bank of America® Travel Rewards Credit Card for Students: less than 3 years of credit history (Limited History credit)
• BankAmericard® Secured Credit Card: 300 (Bad credit)
• Bank of America® Premium Rewards® credit card: 750 (Excellent credit)
• BankAmericard® credit card: 750 (Excellent credit)
• Bank of America® Travel Rewards credit card: 750 (Excellent credit)
• Bank of America® Customized Cash Rewards credit card: 750 (Excellent credit)
• Norwegian Cruise Line® Credit Card: 700 (Good credit)

Keep in mind that it’s best to wait to apply for a given card until you meet the credit score requirement. You can check your credit score for free on WalletHub.

You should also 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 a Bank of America 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.

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® Customized Cash Rewards Secured Credit 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.

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.

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

• Bank of America Custom Cash Secured Card: $300 minimum security deposit, bad credit accepted.
• BankAmericard® Credit Card for Students: Fair credit or limited, enrollment in a college or university.
• Bank of America® Customized Cash Rewards Credit Card for Students: Fair credit or limited, enrollment in a college or university.
• Bank of America® Travel Rewards Credit Card for Students: Fair credit or limited, 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

If you want the best Bank of America credit card approval odds, be sure to always pay your bills on time. And keep your credit utilization at 30% or less. You can also take a look at our editor's guide on how to improve your credit score. And 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.