Secured to Unsecured question

[Anonymous]

Right now I have a BofA secured credit card with $300 on it. I know that after 9 months they will change it to unsecured. My question is does it matter what amount your secured limit was when they determine your unsecured limit? Should I put a $1000 more into it so I get a higher limit when it becomes unsecured?

[Creditaddict]

I don't have BOA but I have had Usbank and they said unsecured after 12 months... After 12 months they declined me for unsecured and I only had $300 limit.

So I too asked the same question regarding my new secured orachard bank... adding more to it.

1 person responded and said they were declined after year for unsecured.

So I'm starting to think that banks are not as good about unsecuring a card as they say.

[Anonymous]

I got my BofA secured card with $1000 limit in 09/06, after 8 months they unsecured in and raised the limit to $1500.  Last night I asked for my first CLI to $5000 and it was instantly approved.  It has been a great card.

[Creditaddict]

Makes me wonder if I should open a BOA Checking account up just so I can get the secured card!

We don't have BOA in this state though.

[Anonymous]

Bank of America has been great to me, I hear a lot of people bad mouth them but I love everything about them.  I don't think I have ever had to call them for a problem, I probably just jinxed myself.