topic Re: Does anyone have experience with BofA Secured Business Credit Card ? in Business Credit

Does anyone have experience with BofA Secured Business Credit Card ?

Andy77 — Tue, 21 Oct 2014 20:23:01 GMT

I called the BofA business analyst backdoor number after my business applied online for a card and found out we were declined due to my bk on my personal credit report and asked for them to take 1000.00 from my FIA Fidelity Amex and put it on my new business card.

I have a great personal credit card relationship with BofA

Has anyone done this without a problem ?

UPDATE:

I got a call back and they said they could not transfer the credit limit from the personal to the business card, but they told me I was approved for their business secured card..

They said I could send in a check with the application they were sending me for a minimum of 1500.00 to no limit to open the business credit card.

Does anyone have experience with BofA SECURED business credit card ?

Thank you

Re: Does anyone have experience with BofA Secured Business Credit Card ?

ah12345 — Tue, 21 Oct 2014 20:50:02 GMT

I had to put a secure deposit to open my secure business after a yr you can get your deposit back and if your eligible they will increase your limit. Minimum deposit is 1500 but your deposit is your limit.

Re: Does anyone have experience with BofA Secured Business Credit Card ?

Andy77 — Wed, 22 Oct 2014 00:35:22 GMT

Thank you for that information.

Do the bank of america business cards report to EQ Business and my personal credit reports, too ?

Meaning both business & personal?

Re: Does anyone have experience with BofA Secured Business Credit Card ?

ah12345 — Fri, 24 Oct 2014 16:52:46 GMT

Only reports to experian and equifax bussiness will report to personal if you default.