topic Re: What does a BoA 99/500 report as on Experian? in Credit Cards

What does a BoA 99/500 report as on Experian?

Not_the_Point — Tue, 16 Dec 2008 07:05:47 GMT

I have what I think is a 99/500 BoA Secured card on Experian that is reporting as "Credit Card - Revolving Terms"..

I had a WaMu Secured MC that was reporting as "Credit Line Secured, Revolving"

Do the 99/500 cards report as "Credit Card - Revolving Terms" on Experian or did the person at the bank mistakenly tell me I had a 99/500 card when in actuality I have the normal BoA VISA Platinum Plus?

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Tue, 16 Dec 2008 13:21:37 GMT

I started out with a BoA fully secured card (not even the 99/500). It reported as a regular revolving credit account on my credit reports, the entire time that it was a fully secured card. There was never any reference to the account being secured.

I don't know if this actually answers your question, but my experience has been that BoA didn't report it as a secured line of credit.

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Tue, 16 Dec 2008 13:39:30 GMT

Mine reports as secured cc

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Tue, 16 Dec 2008 14:44:01 GMT

OP, your scores are high enough to a non-secured BOA card. Have you tried calling BOA and asking them?

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Tue, 16 Dec 2008 15:19:56 GMT

mines also reports as secured.

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Tue, 16 Dec 2008 15:30:47 GMT

@Anonymous wrote:
OP, your scores are high enough to a non-secured BOA card. Have you tried calling BOA and asking them?

My credit history is not very long... even though my scores are good I have not had much success in getting a non-secured card from a bank. When I applied for the Boa card my credit scores were all around 720 and still I was denied and referred to the 99/500 card.

I have just under a year and a half of credit history so that's my guess as to why I've being denied despite my scores... though maybe callin one of their "credit analysts" and getting some tips might be good.... if they do that sort of thing.

Message Edited by Not_the_Point on 12-16-2008 07:30 AM

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Tue, 16 Dec 2008 15:31:31 GMT

@Anonymous wrote:
mines also reports as secured.

So your reports as a Secured? That's odd.... my WaMu card reports as Secured, but the BoA does not.. even though it's also supposed to be a Secured card.

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Tue, 16 Dec 2008 15:33:18 GMT

@Anonymous wrote:
I started out with a BoA fully secured card (not even the 99/500). It reported as a regular revolving credit account on my credit reports, the entire time that it was a fully secured card. There was never any reference to the account being secured.

I don't know if this actually answers your question, but my experience has been that BoA didn't report it as a secured line of credit.

Yeah that kind of answers my question... it might just be the way that BoA reports their accounts to Experian. Mine has no reference to it being a Secured account either so that's why I thought maybe the bank employees screwed up (again) and gave me the wrong info by telling me it was a Secured card.

I think I might stil have to call them... I hate talking to them on the phone though, it's so frustrating because they almost never answer my questions and just pass me to someone else who won't be able to answer my question.

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Tue, 16 Dec 2008 15:58:20 GMT

Ok just checked my report this is how it reports for me:

Experian:

Credit line secured

TU and EQ:

Secured credit card

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 01:53:46 GMT

Is that for the 99/500 Fender or did you get a fully secured card?

Message Edited by Not_the_Point on 12-16-2008 05:53 PM

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Wed, 17 Dec 2008 02:01:53 GMT

99/500.

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 02:03:37 GMT

Hm.... the plot thickens.

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Wed, 17 Dec 2008 02:12:47 GMT

I have heard from others on here that boa didnt report their secured cards as secured.. More than likely you are getting the 99/500. Can you see it online yet? (assuming you have boa checking) I saw it online long before I got the card.

Message Edited by fender on 12-16-2008 06:12 PM

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 02:48:07 GMT

Yeah I've had access to it on my BoA Online Checking since I opened them back in July.

It reports as "Credit Card - Revolving Terms" on my Experian report... that's just strange.

Re: What does a BoA 99/500 report as on Experian?

llecs — Wed, 17 Dec 2008 02:51:01 GMT

Mine simply reported as "Bank of America" and was not the Plat. Plus. but was a 99/500 of another product of theirs. It reported as secured CC or credit card secured (which doesn't matter at all). When it unsecured, it said revolving CC or CC or something like that.

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 03:59:47 GMT

Just talked to a BoA CSR and he was not sure what my account was. Ha!

He said it was "probably" an Unsecured card since it showed I had no collateral down on the card, but said I need to call their Secure Card department and if I did not show up on their system, it meant it's not a Secured card.

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Wed, 17 Dec 2008 04:02:43 GMT

You should call and ask for a product change, get that sexy black amex!!

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 04:04:39 GMT

I actually wouldn't mind having an AMEX if it's through BoA... though even if they just gave me a CLI to get me out of the misery of $500 CL I would be quite happy

Re: What does a BoA 99/500 report as on Experian?

Anonymous — Wed, 17 Dec 2008 04:07:00 GMT

Im hoping for the accelerated rewards amex as soon as I do my time with the 99/500

Have you tried the luv button?

Re: What does a BoA 99/500 report as on Experian?

Not_the_Point — Wed, 17 Dec 2008 04:09:32 GMT

I've only tried hovering my mouse pointer over it. I'm about to hit 6 months on the card... the CSR told me it's best to wait 7 months before requesting a CLI if it does indeed turn out to be an unsecured card.