06-26-2013 06:47 PM
Which bank has the best secured card......WF or BoA?
06-26-2013 07:38 PM
BofA by far is a better product
In my view, BofA has the best secured card.
Problem with Wells is (1) the uncertainty regarding when and if it graduates, (2) and even if it were to graduate, they lack the options offered by BofA.
06-27-2013 04:55 PM - edited 06-27-2013 04:56 PM
Can anyone apply for the card from SDFCU?
Don't bother with them. Tryin to even get membership is like tryin to jump through hoopes on fire from a 30,000 foot skydive. They want your whole life story before they approve you. I got an email from them last week asking for the following
Copy of drivers license
copy of social security card
copy of permament resident card or passport
copy of recent utility bill in your name
copy of mortgage or rental lease
Than they pull your credit score and report and make the determination if they will approve your membership. I eventually told them forget it. They said they take verification very seriously so if i could not send them the info, than i was more than welcome to walk into a branch (they only have them in the great DC area) and talk to a banker.
You are better off with BOA because WF may deny it. You can also look at US BANK secured cards. They do offer rewards for their members and discounts on rental cards and their cards unsecure in as little as 12 months. I had one back in 2001 that unsecured after 9 months.
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