Credit Cards Center Credit cards from our partners
Reply
Frequent Contributor
Posts: 335
Registered: ‎08-12-2011
0

Update on secured hsbc card with no job

My son applied for the hsbc secured card a few weeks ago and he just got a letter today saying , send a check and sign the enclosed forms so he was approved. He put on the application no employer no annual income. I guess capital one will own this account soon and they turned him down for the secured card 6 months ago. I don't know for sure if capital one will own this account. 

Valued Member
Posts: 25
Registered: ‎10-03-2011
0

Re: Update on secured hsbc card with no job

Capital One will own it. All accounts will just transfer over with no interruption. They actually sold off all the branches here in Western New York, and our accounts are being transferred over to First Niagara.


Starting Score: 628EQ 597TU
Current Score: 690EQ 662TU 669EX (lender pull)
Goal Score: 700+


Take the FICO Fitness Challenge
Valued Contributor
Posts: 1,486
Registered: ‎08-14-2011
0

Re: Update on secured hsbc card with no job

Is your son in college?  There are a few decent to good cards for students.

In My Wallet:
AMEX BCE, Citi Forward, Chase Freedom

In My Sockdrawer:
AMEX Clear, Citi Platinum Select, US Bank Platinum, J.Crew
Highlighted
Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: Update on secured hsbc card with no job


cats63 wrote:

My son applied for the hsbc secured card a few weeks ago and he just got a letter today saying , send a check and sign the enclosed forms so he was approved. He put on the application no employer no annual income. I guess capital one will own this account soon and they turned him down for the secured card 6 months ago. I don't know for sure if capital one will own this account. 


I just closed my HSBC secured card.   They did not know yet whether these accounts would transfer or not to Capital One.  

 

They did say the first review for unsecured was at 18 months and then every 6 months.   They did however add 1% rewards back in July, but I got a Household unsecured card with 2% rewards, so I closed the secured account. 

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

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.