Reply
Community Leader
Valued Contributor
Posts: 1,283
Registered: ‎04-06-2011
0

Re: Bank of America secured card


jamie123 wrote:

Congradulations!

 

Thanks for returning to this thread and giving us an update. So many of these threads leave us hanging as to how everything worked out for the poster.

 

I just received my BoA secured card this past May. Wish me luck!


Definitely Good Luck to you!! BofA might not be for everybody, but BofA has been fair to me.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 734 11/2012 (PSECU), TU98 695 9/2012
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Moderator Emeritus
Posts: 10,900
Registered: ‎12-30-2011
0

Re: Bank of America secured card


-Cain- wrote:
LMBO, the post that started it all for me, haha! To update, my secured BofA Plat Plus graduated three weeks early. CL was doubled to $1k. I also PC'd the card to Cash Rewards. AF of $39 remained, was charged in May. I had a conversation with BofA and got my AF returned AND permanently removed! Thanks BofA!

Interesting, pretty much everyone else's experience has been that the AF stuck forever.  When did you request it returned / taken zeroed out, and what approach did you use to obtain it?

 

It's obvious that BOFA has changed some of their policies lately (see all the 1-2-3 rewards on secured cards thread) but this one I'm really surprised by given BOFA's usual business practices.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)


Take the myFICO Fitness Challenge
Community Leader
Valued Contributor
Posts: 1,283
Registered: ‎04-06-2011
0

Re: Bank of America secured card


Revelate wrote:

-Cain- wrote:
LMBO, the post that started it all for me, haha! To update, my secured BofA Plat Plus graduated three weeks early. CL was doubled to $1k. I also PC'd the card to Cash Rewards. AF of $39 remained, was charged in May. I had a conversation with BofA and got my AF returned AND permanently removed! Thanks BofA!

Interesting, pretty much everyone else's experience has been that the AF stuck forever.  When did you request it returned / taken zeroed out, and what approach did you use to obtain it?

 

It's obvious that BOFA has changed some of their policies lately (see all the 1-2-3 rewards on secured cards thread) but this one I'm really surprised by given BOFA's usual business practices.


Called earlier this week, CSR told me she'd reverse it and put in a request to have it permanently removed. Adjustment posted midnight that same night, I checked the fees associated with my card before and after and it changed from $39 to $0. I told myself I'd work on getting it removed when it graduated and surprisingly it worked on my first try. I felt better about my chances as I read another poster also had success in getting it removed. I don't remember who it was or what thread I read it in however. I don't know everyone would have the same luck, but you'll never know unless you try. I'm glad I did.

Starting Score: EQ 681 5/2011, EX 656 6/2011 (PSECU), TU98 642 6/2011
Current Score: EQ 741 12/2011, EX 734 11/2012 (PSECU), TU98 695 9/2012
Goal Score: 725+ across the board


Take the FICO Fitness Challenge

Moderator Emeritus
Posts: 10,900
Registered: ‎12-30-2011
0

Re: Bank of America secured card


-Cain- wrote:
Called earlier this week, CSR told me she'd reverse it and put in a request to have it permanently removed. Adjustment posted midnight that same night, I checked the fees associated with my card before and after and it changed from $39 to $0. I told myself I'd work on getting it removed when it graduated and surprisingly it worked on my first try. I felt better about my chances as I read another poster also had success in getting it removed. I don't remember who it was or what thread I read it in however. I don't know everyone would have the same luck, but you'll never know unless you try. I'm glad I did.

Neat.  Thanks bud, will have to see about that myself post-graduation.

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 693, EQ 8 685, TU 705, EX 709 (02/27/15)
Goal Score: 700 on EQ 04 (01/01/16)


Take the myFICO Fitness Challenge
Established Contributor
Posts: 599
Registered: ‎03-10-2012
0

Re: Bank of America secured card


-Cain- wrote:

Revelate wrote:

-Cain- wrote:
LMBO, the post that started it all for me, haha! To update, my secured BofA Plat Plus graduated three weeks early. CL was doubled to $1k. I also PC'd the card to Cash Rewards. AF of $39 remained, was charged in May. I had a conversation with BofA and got my AF returned AND permanently removed! Thanks BofA!

Interesting, pretty much everyone else's experience has been that the AF stuck forever.  When did you request it returned / taken zeroed out, and what approach did you use to obtain it?

 

It's obvious that BOFA has changed some of their policies lately (see all the 1-2-3 rewards on secured cards thread) but this one I'm really surprised by given BOFA's usual business practices.


Called earlier this week, CSR told me she'd reverse it and put in a request to have it permanently removed. Adjustment posted midnight that same night, I checked the fees associated with my card before and after and it changed from $39 to $0. I told myself I'd work on getting it removed when it graduated and surprisingly it worked on my first try. I felt better about my chances as I read another poster also had success in getting it removed. I don't remember who it was or what thread I read it in however. I don't know everyone would have the same luck, but you'll never know unless you try. I'm glad I did.

I had heard it was better to try to get the AF dropped while doing a PC to a no-fee card after GRaduation. Nice to see it is still possible after the PC. Did you call a regular number on the card, or one of the backdoors? a lot of YMMV with BOA when it comes to secured/formerly secured accounts (some other poster also got a 10-month graduation this april out of the blue after being told it was not possible before 1-year).

 

I did not inquire about the AF since i wasn't even trying to be graduated early, just get rewards added to my secured card.

EQ-736(08/14) TU-752(09/14)
Newest to Oldest
Barc Sallie Mae 6K | Citi TY Pref 4.5K | US Bank Cash+ 10K | Chase Freedom 11.7K | Disc It 10.5K | Amazon Store 2.5K | BOA Cash Rewards 10.5K |

Closed Cards: 4 Oldest: 3yrs AAOA: 2yrs
Blogger
Posts: 3,348
Registered: ‎10-19-2012
0

Re: Bank of America secured card

Glad to hear a success story for an annual fee waiving request!

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.