goodgirl-badcredit wrote:Does anyone have this card? If so how is it working out for you? I am trying to find out the minimum fico score to receive this card. I have heard that most people get the secured card $99 down $500 credit limit. I have just received my Crown Jewelers card. Woo Hoo. Now I only need to find something to purchase.Thank yougoodgirl-badcredit
goodgirl-badcredit wrote:I wish EX sold FICO's
Most of their regular CCs (worldpoints, plat plus, etc.) offer a fall-back feature if you were to get denied. In some cases, you'll be offered (via online or in the mail) a counter offer of depositing $99 and receiving a $500 limit card. If you continue making payments as scheduled then at the 9-12 month mark and with continued good credit, BofA will convert that card to an unsecured card and refund your $99. Many have reported significant CLIs at that point.I have this card and am happy with it. I am currently 7-8 months in so should soon see the card get converted. Score-wise, I tried for a fully secured card with EX around 550 and was denied back in August. Scores went up and in Nov. I appd for one of their CCs and was denied and counter-offered the 99/500 and was approved with EX near or above 640. BofA tends to pull EX.Just be aware that you'll get two inquiries for this card (one for the first app and one for the second).
Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!