Re: Bofa and Citi balance transfer declined with 746 Fico and 1 inqury + plus %15 total util. (2024)

Tried get rid of high interest rates of %29.99 (not %30 lol)
and already getting pre-approval letters for months both from both bofa and citi, declined with credit carma 740 amex fico 746 chase fico 746 etc, total util was %15 and never missed payments or other negaitve marks in Credit history. only have citi double cash with 10k $100 balance.
Should i call reconsideration for both? I was expecting mostly maybe low limits but not declines.

capital one $3500 limit aug 2019
capital one $3k limit aut user feb 2019
td cash 2k limit sep 2019
amex 18k ,br> chase flex 10k
chase amazon prime 8k
mercury 6k
synch paypal 7k
citi double cash 10k
wells fargo cash 12k

• Balance transfer

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Do you know what any of your FICO scores are? CK's Vantage 3 scores might be similar, or could be wildly different, but in any case they are not the ones that lenders are looking at.

Scores: March 21 FICO 8: EX 810, TU 808, EQ 813
AoOA: closed: 36 years, open: 25 years; AAoA: 11.8 years
Amex Gold, Amex Green, Amex Blue, Amex ED, Amex Delta Gold, Amex Hilton Surpass, BoA Platinum Plus, Chase Freedom Unlimited, Chase Amazon, Chase CSP, Chase United Explorer, Citi AA Plat, Sync Lowes, Sync JC Penney - total CL 145k
Loans: Chase car loan (35k/6yrs 0.9%)

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@mustangywrote:

Tried get rid of high interest rates of %29.99 (not %30 lol)
and already getting pre-approval letters for months both from both bofa and citi, declined with credit carma 740 amex fico 746 chase fico 746 etc, total util was %15 and never missed payments or other negaitve marks in Credit history. only have citi double cash with 10k $100 balance.
Should i call reconsideration for both? I was expecting mostly maybe low limits but not declines.

Are the cards in your signature the only ones? Have you opened several accts in past 12 months? BofA has a 3/12 rule for new applicants, ie., they typically decline if you opened up 3 or more accts in last 12 months.

Avoided credit cards after ruining my financial health but got back into the game in 2019 after a 20 year hiatus
Total Revolving CL- $205, 500 | Order of Opened Cards
Delta SkyMiles Blue- SL-$1K | CL- $22.6K
(pc'd from SkyMiles Platinum back to Blue)
Delta SkyMiles Reserve- SL- $10K | CL- $20K
Chase Sapphire Reserve- SL $20K | CL- $39K
Cap 1 Venture Rewards- SL $10K | CL $ 20.5K
Amex Everyday Preferred- SL $13.1K | CL $10K ( moved some limits around )
Chase Freedom Unlimited: SL $23.4K| CL $36.8K
BOA Unlimited Cash SL: $20.8K| CL $10.8K(moved some limits around)
BOA Travel Rewards SL: $20.8K | CL $5.8K(moved some limits around)
Amex Blue Cash Everyday SL: $10K
Amex Green Card: NPSL / POT: 17K
BOA BankAmericard: SL: $5K | CL: $30K

no i have 9 cards total of 85k limit, latest account is 2021. score is good also, should i call reconsideration line? probably will try monday what is best for bofa and citi call reconsidiration. after those declines i got amex offer 4k 24 months at %13.95 better deal to me, will close all balance in 1-2 months anyway. I hope Amex report as lendig also that saved me from secured loans,

capital one $3500 limit aug 2019
capital one $3k limit aut user feb 2019
td cash 2k limit sep 2019
amex 18k ,br> chase flex 10k
chase amazon prime 8k
mercury 6k
synch paypal 7k
citi double cash 10k
wells fargo cash 12k

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@mustangywrote:

no i have 9 cards total of 85k limit, latest account is 2021. score is good also, should i call reconsideration line? probably will try monday what is best for bofa and citi call reconsidiration. after those declines i got amex offer 4k 24 months at %13.95 better deal to me, will close all balance in 1-2 months anyway. I hope Amex report as lendig also that saved me from secured loans,

I would either try to call recon or you may be better served to wait for that BofA decline letter to arrive( then call bc there will be a code in the letter). YMMV but it could be a case of them needing to verify that you actually applied or verify something in your application. I don't know the best recon line so perhaps others can chime in for you there.

Avoided credit cards after ruining my financial health but got back into the game in 2019 after a 20 year hiatus
Total Revolving CL- $205, 500 | Order of Opened Cards
Delta SkyMiles Blue- SL-$1K | CL- $22.6K
(pc'd from SkyMiles Platinum back to Blue)
Delta SkyMiles Reserve- SL- $10K | CL- $20K
Chase Sapphire Reserve- SL $20K | CL- $39K
Cap 1 Venture Rewards- SL $10K | CL $ 20.5K
Amex Everyday Preferred- SL $13.1K | CL $10K ( moved some limits around )
Chase Freedom Unlimited: SL $23.4K| CL $36.8K
BOA Unlimited Cash SL: $20.8K| CL $10.8K(moved some limits around)
BOA Travel Rewards SL: $20.8K | CL $5.8K(moved some limits around)
Amex Blue Cash Everyday SL: $10K
Amex Green Card: NPSL / POT: 17K
BOA BankAmericard: SL: $5K | CL: $30K

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