Valued Contributor
daybreakgonesXe
Posts: 1,861
Registered: ‎11-17-2012
Re: Secured credit card

athan12 wrote:

Is there a chance I'm getting denied for applying a secured credit card? I know this is kinda funny question :smileyhappy: or do I have to apply for an unsecured credit card and get denied before I can apply for a secured credit card?


There is a slight chance of being denied for a secured card...usually due to a baddie against the bank or just a really really bad credit file...you don't seem to fit that category though, except for BofA, like you mentioned!

 

What I meant was for certain companies, like NFCU and USAA, they don't have a public secured card. In order to receive it, you have to be denied for an unsecured card, and OFFERED a secured card instead. So it's not two applications!

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $9.8k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k | Discover IT $9.5k | SavingStar American Express $14.8k

FICOS: EX 744 EQ 706 TU 733 Credit Karma (TU) 785 Transrisk 804/990 Credit Sesame (EX) 764 Credit.com (EX) 764 VantageScore 3.0 719 Quizzle (EQ) 721