topic Re: Add 1-2-3 Rewards to a BOA Secured Card in Credit Cards

Add 1-2-3 Rewards to a BOA Secured Card

CreditChampion — Thu, 14 Jun 2012 16:03:56 GMT

Just added this to my fathers secured card by calling (888) 260-4696 . Just request the rewards be added....I am curious if other type of rewards can be added as I only asked to add the 1-2-3 rewards.

Re: Add 1-2-3 Rewards to a BOA Secured Card

Anonymous — Thu, 14 Jun 2012 17:58:29 GMT

@CreditChampion wrote:
Just added this to my fathers secured card by calling (888) 260-4696 . Just request the rewards be added....I am curious if other type of rewards can be added as I only asked to add the 1-2-3 rewards.

interesting. which secured did he have the partial secured (99/500) or the fully secured? did they do a hp on him for the pc?

Re: Add 1-2-3 Rewards to a BOA Secured Card

dude11 — Thu, 14 Jun 2012 18:10:16 GMT

This is nice!!! I called as well in regards to my fully secured card and the CSR I spoke to was helpful. She informed me that she was going to convert it to the 123 rewards card or put in the request. She did say that my old account would be closed and a new one would appear on my CRs. The history would remain on the card and would not affect the graduation cycle or process. Also she said I could choose between the regular rewards card or the cash back. I chose the cash back. I did not ask if there would be a credit pull since it appeared as all they were going to do is convert it. If there is a credit pull from them on my reports I will update this. Thanks!

Re: Add 1-2-3 Rewards to a BOA Secured Card

Revelate — Fri, 15 Jun 2012 01:48:19 GMT

@dude11 wrote:
This is nice!!! I called as well in regards to my fully secured card and the CSR I spoke to was helpful. She informed me that she was going to convert it to the 123 rewards card or put in the request. She did say that my old account would be closed and a new one would appear on my CRs. The history would remain on the card and would not affect the graduation cycle or process. Also she said I could choose between the regular rewards card or the cash back. I chose the cash back. I did not ask if there would be a credit pull since it appeared as all they were going to do is convert it. If there is a credit pull from them on my reports I will update this. Thanks!

Wow, how long have you had the card? I'm past the six month on mine, if it doesn't reset the graduation clock, and there's no pull associated with it, I'm all over that card. I was mostly planning to sockdrawer it after it graduated and I opened up a longer-term card at the end of the year, but if I can get even a trivial rewards package with it, it'd get promoted to pretty much solo card for quite a while.

Any information you guys could let me know would be extremely appreciated, thanks for posting this!

Re: Add 1-2-3 Rewards to a BOA Secured Card

aloush11 — Fri, 15 Jun 2012 02:39:10 GMT

I just got my card today and activated it with a rep. I asked about rewards and she said that the secured card can be PC'd to Cash 123, travel rewards or the basic. I didn't like that answer so I called the Backdoor number and spoke with an awesome rep in the credit dept. She gave me the option of converting my card to a MasterCard and even an Amex! So I PC'd to the accelerated rewards. No HP and she said I can do this as many times as I want. It will not effect your graduation time. I don't have an Amex yet and travel a lot so I figure it would be good to have.

She also said that the policy for PCing to a MC it Amex is new and very possible.

Re: Add 1-2-3 Rewards to a BOA Secured Card

Revelate — Fri, 15 Jun 2012 02:49:16 GMT

I'm frankly near speechless. This is BOFA? Their secured card was excellent before, but I think this might smash my old theory that NFCU was the best secured product around and BOFA was #2. Going to have to call in July once I prune my balances and see if I can get what amounts to a PC out of the way for free.

Re: Add 1-2-3 Rewards to a BOA Secured Card

Anonymous — Fri, 15 Jun 2012 03:27:37 GMT

it sounds good and the 123 rewards program is pretty nice overall but i dont think i like the fact of them closing my current account and opening a new one as this would greatly affect my aaoa as its thin to begin with. when i called at the 9 month mark to unsecure the card they told me to wait till the 12th statement and that if i wanted to i can pc to 123 rewards but the 39 dollar fee would remain

Re: Add 1-2-3 Rewards to a BOA Secured Card

aloush11 — Fri, 15 Jun 2012 04:16:35 GMT

From what the CA said, they change your account number on your CRA. You keep everything exactly the same history but your account number changes on your cars and reports.

I think when they say "close" they mean the card(not account) so that old card is null and void.

Re: Add 1-2-3 Rewards to a BOA Secured Card

CreditChampion — Fri, 15 Jun 2012 05:34:41 GMT

I wonder if doing this unsecured the card.....to answer your question it was fully secured.

Re: Add 1-2-3 Rewards to a BOA Secured Card

Revelate — Fri, 15 Jun 2012 05:39:17 GMT

@CreditChampion wrote:
I wonder if doing this unsecured the card.....to answer your question it was fully secured.

Nah, Aloush's conversation with a CSR effectively nails down that it doesn't change the graduation term, so this request doesn't unsecure the card.

I'm still trippin' over the fact that BOFA (of all the major banks in the entire universe) is allowing it's secured card customers to add a decent rewards package onto it. Tempted to just call in tomorrow and to hell with the balances on the accounts before they do away with this... NFCU and perhaps a few other CU's which I'm unaware of were the only ones previously who had any sort of rewards package on their low-end cards, and the BOFA 1-2-3 rewards package is well above the nRewards NFCU offers.

Thank you again for posting about it, what a fantastic offer to find out about.

Re: Add 1-2-3 Rewards to a BOA Secured Card

CreditChampion — Fri, 15 Jun 2012 05:43:13 GMT

Np BOA is ridiculous I PCed changed my Student Platnium Plus to a Cash Rewards before it even came in the mail!!!

Re: Add 1-2-3 Rewards to a BOA Secured Card

Jlu — Fri, 15 Jun 2012 13:43:07 GMT

US Bank has rewards programs on their secured cards. Got my LANPass Rewards card last week.

Re: Add 1-2-3 Rewards to a BOA Secured Card

dude11 — Fri, 15 Jun 2012 13:50:52 GMT

@Revelate wrote:
@dude11 wrote:
This is nice!!! I called as well in regards to my fully secured card and the CSR I spoke to was helpful. She informed me that she was going to convert it to the 123 rewards card or put in the request. She did say that my old account would be closed and a new one would appear on my CRs. The history would remain on the card and would not affect the graduation cycle or process. Also she said I could choose between the regular rewards card or the cash back. I chose the cash back. I did not ask if there would be a credit pull since it appeared as all they were going to do is convert it. If there is a credit pull from them on my reports I will update this. Thanks!
Wow, how long have you had the card? I'm past the six month on mine, if it doesn't reset the graduation clock, and there's no pull associated with it, I'm all over that card. I was mostly planning to sockdrawer it after it graduated and I opened up a longer-term card at the end of the year, but if I can get even a trivial rewards package with it, it'd get promoted to pretty much solo card for quite a while.

Any information you guys could let me know would be extremely appreciated, thanks for posting this!

I have had this card since Jan of this year. I did not expect Bofa to be this generous if you will. This is awesome!

Re: Add 1-2-3 Rewards to a BOA Secured Card

Anonymous — Sat, 16 Jun 2012 00:14:54 GMT

Thanks you guys for the info I never would have known they would switch the cards. My only question is what backdoor number did you call to get the option to switch to the accelerated rewards? I called today and talked to two reps that told me there is no option to convert a fully secured card to the AR. Is this the card you converted fully secured?

Re: Add 1-2-3 Rewards to a BOA Secured Card

aloush11 — Sat, 16 Jun 2012 03:04:32 GMT

I called (888) 260-4696. I followed the prompts to speak to a rep. I believe the reps name was Trixy or Tracy?? I can't remember but she did say that this is new and a minimum CL of $5000. She did say that they offer other ones with lower limits but I chose this one because it had the best cash back options compared to the rest of the Amex's.

Re: Add 1-2-3 Rewards to a BOA Secured Card

aloush11 — Sat, 16 Jun 2012 03:28:14 GMT

Sorry yes it is fully secured. Lol using my phone to post.

Re: Add 1-2-3 Rewards to a BOA Secured Card

Anonymous — Sat, 16 Jun 2012 22:57:38 GMT

Just called the other backdoor number(first one isn't serviced on weekends). Getting changed to a 1-2-3 rewards and the lady confirmed it won't reset your history or graduation time(good because i'll be able to graduate it in 7-8 weeks). I had begun to wonder if it was possible to get your secured card PC to rewards when i heard of people getting secured rewards cards offers on denial. Glad to know it is possible!

But 2-4 Weeks .

Re: Add 1-2-3 Rewards to a BOA Secured Card

Revelate — Sat, 16 Jun 2012 23:08:33 GMT

Question for everyone who's gotten switched so far: what was your utilization like, primarily on the BOFA card?

I'm sitting at something like 1300/2000 on mine currently, and while that's going to get airstruck within two weeks, I'm sort of wondering how long BOFA is going to have this offer for and am debating if I should just call in on Monday anyway.

Re: Add 1-2-3 Rewards to a BOA Secured Card

-Cain- — Sun, 17 Jun 2012 00:55:22 GMT

@Revelate wrote:
Question for everyone who's gotten switched so far: what was your utilization like, primarily on the BOFA card?

I'm sitting at something like 1300/2000 on mine currently, and while that's going to get airstruck within two weeks, I'm sort of wondering how long BOFA is going to have this offer for and am debating if I should just call in on Monday anyway.

My BofA card had a 0 util% at the time of graduation/PC to 123. My card was fully secured, with a $500 limit. I used my card here and there and always PIF, almost as soon as charges posted. The CSR was able to see the usage and payment patterns and said she was impressed. I told her it was to maximize FICO score and mentioned I was a member of this forum, she said she was familiar with it 😉.

Re: Add 1-2-3 Rewards to a BOA Secured Card

dude11 — Sun, 17 Jun 2012 01:14:58 GMT

In my case I have not carried a balance so far with this card. I have been paying in full since I got it. I am currently at 60% util on this card when I requested the rewards. Hope this helps.