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New Contributor
chucky1234
Posts: 68
Registered: ‎11-05-2010
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BOFA Secured Card

Just applied online for the BOFA secured card. I received the following "The application is still under review". Is this a good or bad sign? Any back door number I can call?

Contributor
SnowBowl
Posts: 136
Registered: ‎01-24-2013
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Re: BOFA Secured Card


chucky1234 wrote:

Just applied online for the BOFA secured card. I received the following "The application is still under review". Is this a good or bad sign? Any back door number I can call?


I think you got it, unless you have burned BOFA in the past.


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Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: BOFA Secured Card

+1  and good luck

Established Contributor
NJTurnpike
Posts: 662
Registered: ‎02-20-2013
0

Re: BOFA Secured Card

Ater 3 months with this card, go to (online or in person) a credit union and apply for an unsecured card.


DCU ( pulled 3/29/13) EQ04 683 | Amex (pulled 3/28/13) EX 760 | US Bank (pulled 3/28/13) EX 753
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Super Contributor
CS800
Posts: 6,552
Registered: ‎04-07-2008
0

Re: BOFA Secured Card

In my opinion, BOA tends to be very forgiving.

 

I had 3 cards with them and burn them somehow. By burn, I mean that I was late on all 3, my interest went sky high and I had them close all 3 in order to be able to secure s 2% APR on a payment plan. Granted I paid all these cards off in full, Ithought they might be mad since they didn't make much $$ off me.

 

For about 5 years, they denied me anything I applied for; even a secure card. But last year, I applied for the Privileges card and was approved for a good CL. Even though, the credit analyst mentioned that I was late back in 2006-2007 on these cards, the payment plans etc, they gave it to me. I thought they would never approve me.

 

If you havent burnt them bad in the last couple of years, I would say you're good to go. But as usual YMMV. Good luck




New Contributor
chucky1234
Posts: 68
Registered: ‎11-05-2010
0

Re: BOFA Secured Card

Wanted to share the good news. I just checked on BOFA website online status application and it shows that my application was approved!! Yeaaaa!
Regular Contributor
mnosal9
Posts: 236
Registered: ‎05-06-2008
0

Re: BOFA Secured Card

Wooo congrats!!!! and right when you get it call and ask for rewards :smileyhappy:

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Current : 4/2014: EX: 650(FICO) EQ: 664 (FICO) Trans: 681 (FICO)

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New Contributor
chucky1234
Posts: 68
Registered: ‎11-05-2010
0

Re: BOFA Secured Card

Sorry what do you mean "Rewards"? Is that another cc or an upgrade from secured to rewards?
Moderator
Revelate
Posts: 9,764
Registered: ‎12-30-2011
0

Re: BOFA Secured Card


chucky1234 wrote:
Sorry what do you mean "Rewards"? Is that another cc or an upgrade from secured to rewards?

BOFA will tack on a rewards package to their secured product these days.  Generally it's the 1-2-3 cash rewards card, though theoretically I think you could do the points one if you really wanted to.

 

In any event, just call them and ask for it, the addition of the rewards package is what makes arguably the best secured product out there.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
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Member
therealjojo
Posts: 13
Registered: ‎03-05-2013
0

Re: BOFA Secured Card

Congrats! 

BOA Secured (12/12) Cap One Secured (01/13)... Projected date FICO score will be generated (06/13)

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