@Wolf3 wrote:
@rootpooty wrote:adding money to a secured card to increase the limit WITH YOUR OWN MONEY and getting a hard pull is so ridiculous! Ive been through it with bofa so I know how you feel
Hard Pull for Deposit increase is outrageous. At least Capital One doesn't do that, one of the better cards for increasing deposits, very easy to do. .
Yeah, it's hard for me to put C1 and consumer-friendly in the same sentence with a straight face, but their secured product is a pretty darned good one if this is something you're interested in doing.
I too find it a little ridiculous, but in general if the lender typically HP's for any sort of CLI (and we know BOFA absolutely does currently) it's almost certainly the same for their secured cards as it all runs through the same infrastructure. The card itself is only hazily linked to the underlying savings account or CD in most lenders infrastructure, but C1 is a little new school because they encourage people to increase their deposit over time. BOFA/US Bank are decidely old guard with their practices.
