Higher credit limits are good because it allows you to make purchases on your card without maxing it out or using a large percentage of your utilization.
+1 Higher Limit = Lower utilization. Make sure to keep utilization at 10 percent or below if possible. I usually mark for 30 percent at highest. I was also thinking about apping for BOA secured credit card since I heard they are really good at graduating to an unsecured at about 9-12months. I might apply in a month or two. How long did it take them to withdraw the deposit?
It took exactly 5 days, I applied Sunday, and they pulled security deposit Friday, (5 business days), this means I was approved however if you use BofAs check application, it still shows the same default message. I'm still being told that in 7-10 days from security deposit processing I will recieve the card, I'll update you as soon as I get it