FAQs
You need a credit score of 750 or higher for the best Bank of America credit card offers, though other options are available for people with lower scores. For example, it is possible to get approved for certain Bank of America credit cards even if you have bad credit.
What is the easiest card to get approved for Bank of America? ›
The Bank of America® Customized Cash Rewards Secured Credit Card is the easiest Bank of America credit card to get because you can get approved with bad credit. This means the odds of approval are good even with a credit score below 640.
What is the minimum credit score for a Bank of America credit card? ›
What credit score is required for a Bank of America credit card? You will need an excellent credit score (740 and above) to be approved for the best Bank of America credit cards. However, Bank of America offers cards for consumers whose scores are as low as 300.
What credit score do you need for BankAmericard? ›
The BankAmericard is for those with good or excellent credit, which typically includes any FICO credit score of 670 or higher. Scores of 670 to 739 are considered good by FICO, while 661 to 780 is considered good by VantageScore.
What Amex card can I get with a 600 credit score? ›
No, you cannot get an American Express credit card with a 600 credit score, which is considered bad credit. Most Amex credit cards require a credit score of 700 or better for high chances of approval. This means you need to have at least good credit to get an Amex credit card.
Which Bank of America credit card is hardest to get? ›
Why it's one of the hardest credit cards to get: The Bank of America® Travel Rewards credit card for Students is one of the hardest student credit cards to get approved for because it requires excellent credit for approval. Most student credit cards are available to newcomers with limited credit history.
Does Bank of America offer second chances? ›
One of the best second chance credit card companies is Bank of America, since they offer the Bank of America® Customized Cash Rewards Secured Credit Card and a couple of other good cards for people with bad credit. Other issuers with good options for damaged credit include Capital One, Credit One, and U.S. Bank.
Does Bank of America approve bad credit? ›
One of the best Bank of America credit cards for bad credit is the Bank of America® Customized Cash Rewards Secured Credit Card because it offers 1 - 3% cash back on purchases. The Bank of America Custom Cash Secured Card also has a $0 annual fee. This card requires a $200+ security deposit.
What is the 2 3 4 rule for Bank of America? ›
Bank of America application restrictions
According to cardholder reports, Bank of America uses a 2/3/4 rule: You can only be approved for two new cards within a 30-day period, three cards within a 12-month period and four cards within a 24-month period.
What is the average credit limit for Bank of America? ›
Here's the average credit limit of members who matched their Bank of America® Travel Rewards credit card or similar cards. The average credit limit for members who have matched with this card or similar cards is $8,814, with $10,000 being the most common.
The Bank of America card that gives the highest credit limit is the Bank of America® Customized Cash Rewards credit card, which has a reported maximum limit of $95,000. Your individual limit will be determined based on your credit history, income, outstanding debts, and other factors.
What credit score do you need for Chase Preferred? ›
The Chase Sapphire Preferred® Card is a great option for frequent travelers looking for a high-value card, but applicants should have good-to-excellent credit scores if they're considering applying. A score of 700 or higher is recommended.
What is FICO score in Bank of America? ›
A FICO® Score is a 3-digit number that summarizes your credit risk based on your credit file at one of the three major consumer bureaus at a particular point in time. FICO® Scores are used in 90% of lending decisions.
What credit score is needed for a Wells Fargo credit card? ›
Good credit: A FICO® Score of 670 or higher is suggested when applying for a Wells Fargo card. There isn't a strict minimum credit score with Wells Fargo, but it typically only approves applicants with good credit or excellent credit.
How big of a loan can I get with a 600 credit score? ›
With FICO, fair or good credit scores fall within the ranges of 580 to 739, and with VantageScore, fair or good ranges between 601 to 780. Many personal loan lenders offer amounts starting around $3,000 to $5,000, but with Upgrade, you can apply for as little as $1,000 (and as much as $50,000).
Is Bank of America credit card a hard pull? ›
It is likely Bank of America will make a hard inquiry on at least one of your credit reports. To get a good idea of whether or not you should risk a hard inquiry, attempt Bank of America's pre-approval process. A preapproval will not normally make a hard inquiry against your credit.
Can you get a Bank of America credit card with fair credit? ›
Yes, you can get a Bank of America credit card with fair credit. One of the best choices is the Bank of America® Customized Cash Rewards Secured Credit Card, which offers 1 - 3% cash back, depending on the type of purchase. This card has a $0 annual fee and accepts people even with bad credit.