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Deposit question for BOA secured??

New Contributor

Deposit question for BOA secured??

I was approved for a BOA secured card in Dec 2012 with a $300 CL. Even though additional deposits result in HP's I had still planned on increasing my deposit to $2.5k next month. I have read in a few post that after one year of good history this card will graduate to unsecured. So my question is: Is that one year from the activation of the card or one year from the date of last deposit?


Message 1 of 7
Regular Contributor

Re: Deposit question for BOA secured??

That is a good question. 

But its not always true that they will graduate your card after exactly the said period. It may not graduate it at all depending on how you use it.

I have a secured card and I have not added any money to it whatsoever just so that it doesn't mess with the graduation date. I use it sparingly not more than 15-20% of the 2000 limit.

Personally I too would like to know more about this. Its kind of mysterious.

"Its your AAoA, Sir. It seems, Sir, that it is so short that i dont think it would hurt for it to get a little shorter"
Message 2 of 7
Valued Contributor

Re: Deposit question for BOA secured??

adding money will not reset the graduation date at all. I opened mine on May 2nd and deposited more money through the year and just called yesterday and they told me card will be 1 year old on May 2nd and i could call that day and see if they were able to graduate my card to an unsecured one. I was told by 2 different CSR that they go by the day you opened the account.

gardening since 5/21/2016
Message 3 of 7
Valued Contributor

Re: Deposit question for BOA secured??

I was just graduated at 9 months. Total suprise to me!


Received a letter in the mail one day saying I was graduated to an unsecured card, two days later I received a check reimbursing my deposit money.


My secured CL was $500 and it stayed at $500 when it unsecured.

Starting Score: EQ 653 6/21/12
Current Score: EQ 763 4/9/18 - EX 758 4/9/18 - TU 782 4/9/18
Message 4 of 7
Established Contributor

Re: Deposit question for BOA secured??

Is this new that BOA will do a HP for deposits ? Why?

My friend recently got approved and only deposited 300$. He was planning on depositing 100$ every paycheck , wow
Amex Delta Gold 4.5k Amex HH 2k Amex Green NPSL, AMEX Delta Blue 2k, BOA Cash Rewards 1k, Barclay Jet Blue WMC 7K, Chase Freedom 2.5k Chase Southwest Premier Plus 7K Chase United Explorer 20.5K Chase Marriott 11K , Amazon Visa 3.5k, Discover $7.5K 7.5K Venture $17K Venture One 12K Quicksilver Visa Siggy 5.5K Citi Shell MC 2k, Total Rewards Visa 5.4K CITI AA Executive WEMC 15.4 Paypal Extras MC 8K, Citi Diamond WEMC 4K Citi DC WEMC 4.5K Citi Hilton Visa Siggy 8k.
Message 5 of 7
New Contributor

Re: Deposit question for BOA secured??

Message 6 of 7
New Contributor

Re: Deposit question for BOA secured??

Thanks for the info everybody. Congrats on the early graduation. Hope they keep my limit at $2.5k after/if it graduates. Oh and texasman I'm pretty sure they hp on every deposit so I would tell your buddy before he ends up with a dozen redundant hp's...just sayin!
Message 7 of 7