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Frequent Contributor
Posts: 308
Registered: ‎02-26-2009
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Re: So I was denied a secured card :(

Ah, that is a tough situation.

Did you take other advice, such as trying a CU credit card?
Frequent Contributor
Posts: 421
Registered: ‎02-06-2008
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Re: So I was denied a secured card :(

Im looking into CU cards right now but alot of Texas CU's are shaddy to me but im going to try them out.
Frequent Contributor
Posts: 308
Registered: ‎02-26-2009
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Re: So I was denied a secured card :(

I'd check out on here what good ones are, what ones people had better experience with.
Established Contributor
Posts: 656
Registered: ‎07-17-2007
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Re: So I was denied a secured card :(


tempusfugit123 wrote:

After investigating I found out that it was not a unsecured card but a secured card that I didnt have to put any money into the account.


Ok, now I am confused. How is this card "secured" if you never paid a deposit? It can't be secured by nothing. Either the CSR you spoke to is clueless, or BofA has really screwed up.

Frequent Contributor
Posts: 421
Registered: ‎02-06-2008
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Re: So I was denied a secured card :(

Im really confused about my card too. It shows up as just a Platinum Plus Visa. I never knew it was a secured card I didnt do a deposit of any kind. So I spoke to 5 different representatives from several departments and they all said it was secured. 2 reps said the card would unsecure sometime in August and the others said the card would never unsecure and I cant do a product change but invited me to get an actual secured card and put a deposit.

 

 

This entire situation sucks and I wish someone was actually informed about my account.

Established Contributor
Posts: 656
Registered: ‎07-17-2007
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Re: So I was denied a secured card :(

You really need to call a backdoor # and speak to a superviser. Make sure to ram the point home that you never paid a deposit, how can it possibly be secured? Secured by what?

 

Failing that, say you want to close the account and you want your $500 back. :smileyvery-happy:

Valued Contributor
Posts: 1,072
Registered: ‎02-15-2009
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Re: So I was denied a secured card :(

Do you have a checking or savings with BOA? Probably a 99/500
Frequent Contributor
Posts: 421
Registered: ‎02-06-2008
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Re: So I was denied a secured card :(

I do have a checking and savings account with them but it isnt the 99/500 offer no money was ever taken out of my account I never made a deposit of any kind and I just recently found out that it was secured. Im going to call the backdoor number tomorrow and see if anyone can explain this to me.

Valued Contributor
Posts: 1,072
Registered: ‎02-15-2009
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Re: So I was denied a secured card :(

[ Edited ]

Could it be that they are using your savings account as security? They would take the money out ONLY in case of non-payment of the balance. 

 

Message Edited by nothingman02 on 04-08-2009 11:45 PM
Frequent Contributor
Posts: 421
Registered: ‎02-06-2008
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Re: So I was denied a secured card :(

I moved a majority of my savings to another account and now the savings account I have with Bofa has 200 in it so I dont think they are using that
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