There are now two separate reports (1 ,2) of Bank of America not doing a hard pull if you’re denied and have at least one credit card with Bank of America already. Will typically do a hard pull on your credit before making a decision. With a soft pull credit card, a soft credit check—also known as a soft pull … When you enroll in the Preferred Rewards program, you can get a 25% — 75% rewards bonus on all eligible Bank of America ® credit cards. Soft pull credit cards are credit cards that don’t require a hard credit check to open an account. So for example if you had two credit cards with Bank of America and both of them had a $5,000 credit limit you could transfer something like $3,000 of one credit line to the other card. However, even if you prequalify for a certain credit card, there’s no guarantee that your application will be approved. If so let us know in the comments below. Bank of America does soft credit pulls for credit limit increases.It used to be a hard pull. After all, the issuer is considering you for a larger line of credit. Credit bureaus keep a record of the number of “hard pulls” on your credit … Before you contact your card issuer, however, note that a credit card limit increase request often results in a hard inquiry on your credit reports. When you relocate your credit limits between your cards, it’s only a soft pull. The Bank of America® Travel Rewards credit card says the following: This Travel Rewards card will not be available to you if you currently have a Travel Rewards card unless you have had that Travel Rewards card for at least 24 months. Both are indirect subsidiaries of Bank of America Corporation. However, there are a few credit cards that only require a soft credit pull. ... Bank of America. Plus, as a Preferred Rewards member, you enjoy real benefits and rewards on your everyday Bank of America ® banking and Merrill investment accounts. These are “secured” credit cards, meaning they require an initial security deposit to open. The OpenSky® Secured Visa® Credit Card is a rarity even among secured credit cards, in that it allows you to qualify without a bank account or any kind of credit … Some credit cards, including some store cards, only require a soft pull for pre-approval, but will still result in a hard inquiry before the final approval decision. Bank of America is another credit card issuer that allows you to transfer credit between different credit cards. Bank of America Cash Back Secured Credit Card: ... likely to get approved without a hard pull on your credit, although a hard pull will be done before final approval. Top Bank Accounts Soft Pull or Hard Pull Disclaimer: We make no promise the information below is 100% correct since banks can change their way of checking credit often. Bank of America lets you see your chances of credit card approval with a soft pull on your credit. And as your qualifying balances grow, so do your benefits. Insurance Products are offered through Merrill Lynch Life Agency Inc. (MLLA) and/or Banc of America Insurance Services, Inc., both of which are licensed insurance agencies and wholly-owned subsidiaries of Bank of America Corporation. This data has been extracted from the experiences of other consumers online from trusted forums and websites when opening accounts for bank promotions. Have you received a soft pull when you’ve been denied with any other card issuers? When you apply for a credit card, the lender will pull a copy of your credit report from a credit bureau. Other Card Issuers. This is known as prequalification and it doesn’t affect your credit score. If your account is frozen, Bank of America will sometimes pull a different credit bureau .

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