Bank of Americ Secured Card

[tjw0783]

I applied for a bank of america secured card last week, it said they needed more time to process. I just noticed today they took out my 300 security depost from my bank account, which I assume means they approved me. So my question is, is the 300 dollars my credit limit? Do they add an unsecurd amount to the card?

Thanks

[stormb28]

$300 is your starting limit, down the road BOA may add unsecured $$$ to the account.

[tjw0783]

Okay, Thanks