Hey Duane here with how to build credit
TV. And in this video I'm gonna show you
the credit card application for the bank
of America credit card or the Bank of
America cash rewards credit card but
before we get started I have a quick
message.
Once again my name is Duane with how to
build credit TV and on this channel we
talk about everything you need to know
about credit. We also talk about how to
get cash back actual cash money from
using credit cards, as well as credit card
reviews. If this sounds like something
which you're interested be sure to
subscribe to our channel by clicking the
word subscribe below this video to the
right and click the notification bell so
you don't miss a thing.
Okay so Bank of America actually has
quite a bit of credit cards that are
pretty decent. So the one that I'm
applying for in this video is the Bank
of America cash rewards credit card. This
particular credit card actually has a
sweet sign of bonus of two hundred
dollars after you spend five hundred
dollars within the first three months.
You're also able to get back 3%
on gas 2% on groceries
and wholesale clubs and 1% on
everything else. So this is a pretty cool
card and that's why I applied for this
card. So stay with me I'm gonna jump on
my laptop and show you the application
process for the Bank of America
cash rewards credit card. Okay so as you
can see we're at the bank of America
website to have a look at the bank of
America credit card. Actually the Bank of
America cash rewards cards that's a card
I'm gonna apply for this is the fifth
credit card I've applied for in the last
couple of days. Today's date is August
the 30th today is Thursday so I'm gonna
go ahead and apply for this card quickly
here. There's a really awesome signup
bonus that this card has, it has $200
cash back after you spend five hundred
dollars. So I am really interested in
that and the fact that they have a three
percent on gas and there is also 2% on
groceries and 1% on all your other
purchases. So this is probably gonna be
the last credit card that I'm gonna
apply for in a while so bare with me as
I fill out this application here. So I'm
gonna go ahead and get started on this
application. So the last couple of days
I've filled out several applications for
credit cards. I did, initially I did the
American Express blue cash everyday card
that was a very first one that I did. I
think I did that last Friday. Then after
that one I did the Discover card.
I wanted basically to get a Discover
card because I have the discover it
secured card and they were giving me a
really hard time about upgrading my card
so I went ahead and got a credit card
from them.
And I got approved for that one the
credit limit on that card was $5,000 and
the credit limit on the American Express
card was $7,000. I was really excited
about reestablishing a relationship with
American Express it had been a long time
since I was able to have a credit card
with American Express. Actually I
probably could have gotten a card sooner
but I just wasn't my credit score wasn't
good enough and I wasn't in a position
to really try to get a card so I just
didn't worry about it. So anyway I'm
gonna go ahead and like I said fill this
information out here right in front of
you guys and I'm going to try to go as
quickly as I can as I talk to you guys
at the same time. So hopefully there
aren't a lot of pages to this particular
application that would make it a lot
easier. So after I applied for the
Discover card,
I applied then for the u.s. bank visa
signature card. And then after that one I
applied for the Citibank double cash
card. So those are the cards that I
applied for and this is going to be the
last one that I'm gonna apply for in a
long time. Probably at least a
year and a half to possibly two years.
So the reason why I'm not applying for
other cards is because I am not really
going to be traveling soon so that's why
I didn't you know apply for different
travel cards. I know people are wondering
well aren't you applying for travel
cards so I'm not gonna be doing a lot of
traveling really soon so therefore I'm
not really interested in doing that at
this moment. So that would explain that.
I'm having a hard time with this
application on this page here. Thank you
for being patient with me. Alright let's
see if it works this time. So this page
is loading eventually here. They're
asking me to review my information of
course this will all be blocked out
you guys you won't get to see any of
this wonderful stuff here. And I'm going
to submit all right reviewing
information this may take a few moments
to complete. So I am I'm pretty sure that
I should get approved of this card. I did
fill out the pre-qualification to
see if I had qualified to get a
particular card from Bank of America and
I'm excited about getting it back for
America credit card because you know
Bank of America is a pretty big Bank. It's
definitely one of the top three banks so
I'm really excited about that.
Okay I'm not quite sure why I got this
particular page, but they basically are
saying that my application is in review.
Which kind of ruined this video but I'll
keep you guys posted and let you know
what the outcome is to this particular
application. Okay so as you can see I
wasn't able to finish the application
process on the computer. What ended up
happening was Bank of America actually
had to send me an email letting me know
more details about my application. So
I'll put the email on the screen right
now so that you can see that I was
approved for this particular card and my
credit limit is $4,500.
So when I applied for this
card this was the fifth card that I had
applied for within about a week. So I did
two cards on one day I think I did the
American Express and Discover card on
one day. And then I waited like two days
and then I did the Citibank double cash
card and then the US bank cash plus
something like that and then I did this
video the Bank of America cash rewards
credit card. So I was kind of kicking
myself and I was like man I should have
just applied for all five cards in the
same day so then when they pull my
credit report it doesn't look like hey I
applied for two cards here and then I
applied for another two cards here and
then why am I applying for yet another
card. So I wasn't sure if that's why they
had to review my account more because of
that. But in the future I'm definitely
going to apply for all my credit cards
on the same day so that all of it kind
of hits my credit report at the same
time and it doesn't look suspicious like
why is this guy getting more credit like
what's the point okay. So anyway thank
you so much for watching this video. If
you liked the video please be sure to
give it a thumbs up it helps our channel
quite a bit. And if you want
share this video with somebody that may
find it useful please feel free to do so
as well. If you haven't subscribe to the
channel, consider subscribing to the
channel because on this channel we talk
about everything you need to know about
credit. Whether you're looking to
establish credit, build credit, rebuild
credit or learn more about the FICO
score and how it is comprised so you can
increase your credit score. We also
talk about how to get cash back actual
cash money from using credit cards as
well as credit card reviews. If this
sounds like something in which you're
interested be sure to subscribe to our
channel and click that notification bell
so you don't miss a thing. Once again my
name is Duane with how to build credit
TV and I approve this video. I'll see you
in the next video. Until next time take
care and be blessed. Peace!