I just applied for the BoA secured card on Sept 24. I went to a local branch office and had them include a BoA cashier's check with my app that a branch CSR filled out. My reasoning was they could check my ID and stuff while there so there would be no need for identity or address verification at a later date.
As part of the paperwork I recieved I was given an 800 number to check the status of my app. 1-800-546-6649
I checked this every couple of days and finally got the "congratulations" message yesterday. It took 7 full business days.
I have no idea how it will take to actually get the card, but the approval message said to expect it in 7-10 days. lol
Starting Score: 620
@Hogue69 wrote:lol oh god, thanks for the replies guys. I don't really NEED this card right now, I'm just anxious to have it in my wallet and get it reporting, I should be generating my first FICO scores in mid-November (I just opened my first trade line in May) will this card take another 6 months to show on my credit reports, or will it show on my report as soon as it reports to the credit agencies?
My own experience (all three times actually) mirrors ucigrad's in terms of receiving the card; I didn't ever care about my credit until the last one, but this time they reported before the first statement even cut. Other's have reported differently and I couldn't begin to guess why that's the case.
In any event, your other tradeline probably was shown on your credit reports; however, FICO will not generate a score until any tradeline has reported six times, or six months history shown on the tradeline. I think on average most creditors report within a month or so, and in in outlying cases at times it's taken up to two months; however on the flipside sometimes it only takes two weeks too.
I wouldn't sweat it, if you're approved, BOFA will absolutely report to all three bureaus, and make certain you get the 1-2-3 rewards package tacked onto your secured card as well. It really is an excellent secured card and I have no complaints about it at all... most secured cards take longer to receive it, usually because the card's securing account is out of state, and that's always a pain from a banking regulation standpoint even when we're talking nationwide, or near-nationwide lenders.
It will start reporting about a month after you get it, and will have more of an impact at about the 6 month point.
@SnowKitty, that's great! I hope it will work out like that for me, however it's the end of business day number 4, and I've still recieved no answer, and haven't had the security deposit, withdrawn 
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In other news, I just finalized setting up two bank accounts with PSECU, so maybe that'll give me a nice shot at my first UNSECURED card here in a few months 