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Woo hoo! Prime Approval (I think?)

Discussion in 'Credit Talk' started by MT, Sep 25, 2001.

  1. Sep 25, 2001 #1
    MT

    MT Well-Known Member

    I applied for a Bank of America plat. Visa and the website approved me!! It took 24 hours, but here's the text - -

    THIS is why I am fighting negative information (paid negative information), THIS is why I write a letter each week to a CRA. :)

    Congratulations! You've been approved.

    You've been approved for a Bank of America Visa Platinum card with an initial credit line of $8000.00. Your credit card will be mailed to you within 5 business days.
     
  3. Sep 25, 2001 #2
    MT

    MT Well-Known Member

    Forgot to note - I did do a balance transfer. I think I applied for the 8.9 perm. bal. txfer apr.
     
  4. Sep 25, 2001 #3
    MT

    MT Well-Known Member

    Quasi Cash: 4%

    Okay, in the terms I noticed something called Quasi Cash and a fee associated with it. It was near the cash advance fee information. Any idea what this is?

    3.5.c: Quasi Cash: 4% ($20 minimum)
     
  5. Sep 25, 2001 #4
    Dani

    Dani Well-Known Member

    Re: Quasi Cash: 4%

    Congratulations, MT. Welcome to prime.

    Dani
     
  6. Sep 25, 2001 #5
    sam

    sam Well-Known Member

    Re: Quasi Cash: 4%

    Forum rule!! Post the bureau and score to get the card!! :)
     
  7. Sep 25, 2001 #6
    marci

    marci Well-Known Member

    Re: Quasi Cash: 4%

    Congratulations, MT. It's a nice bank to work with. One thing to watch...

    BofA will send a "welcome to BofA platinum card" packet with three cash advance convenience checks attached to a BT form. It almost looks as if the attached checks are for a balance transfer, but they are really cash advance checks at 19.9% apr. So, I tear them up immediately and call BofA for any BTs I want done by phone.

    Other than that, BofA is on the up and up. Their customer service is the BEST - if you ever need to go through PlanetFeedBack...
     
  8. Sep 25, 2001 #7
    MT

    MT Well-Known Member

    Re: Quasi Cash: 4%

    Hi Sam, I will be glad to as soon as I figure out which CRA they pulled. I dont' think it was Experian (because I just checked it). I may call and find out the information - I'm curious as well.
     
  9. Sep 25, 2001 #8
    MT

    MT Well-Known Member

    Re: Quasi Cash: 4%

    Marci - thanks for the tip! I will watch out for that one. :)
     
  10. Sep 25, 2001 #9
    Geo

    Geo Well-Known Member

    Re: Quasi Cash: 4%

    They pull from Equifax.
     
  11. Sep 25, 2001 #10
    MT

    MT Well-Known Member

    Re: Quasi Cash: 4%

    They pulled TransUnion for me.
    I checked via Worthknowing.com and can see the inquiry. Worthknowing gives me a 5 for a credit score. I have 2 pd. collections on my Tu report. I believe the score I received in the mail was 650, but cannot remember for certain. I just tried to check junum, but they haven't scanned it in yet.
     
  12. Sep 25, 2001 #11
    Momof3

    Momof3 Well-Known Member

    Re: Quasi Cash: 4%

    Congrats MT:) That's great news
     
  13. Sep 25, 2001 #12
    miles

    miles Well-Known Member

    Re: Quasi Cash: 4%

    Congratulations. That's great news!! I really like BofA. I have had my account for about 6 months now. No problems at all. Customer service is very friendly.
     
  14. Sep 25, 2001 #13
    mj

    mj Well-Known Member

    Re: Quasi Cash: 4%

    Contrats!

    Quasi-cash is a "cash-like" transaction-- gambling/gaming chips, travelers checks, money orders, and so on.

    -mj
     

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