Hi friends,
i didn't see this in any replies, but I applied for this secured Go+ card and was wondering, can you add to your deposit? I know the max is $5k. I only started with $400, & would like to increase that in the coming months, if possible.
I am assuming I was approved as the starting deposit was removed from my account today. 😅
thanks!!
@Red1Blue wrote:
@Wavester64 wrote:Thanks @Red1Blue
I know I read this somewhere before and can't find it, so I'll ask again here: Is it common that the Secured Version of the Cash+ card eventually graduates to the unsecured version?
Hi @Wavester64, I would think so. In my personal experience, in 2020 I opened Harly Secured Card ($3000 CL) and US Bank Platinum Card ($500CL). In October 2021 I called them and requested them to upgrade the cards. They upgraded both cards to unsecured and same day they mailed me the check for deposit amount. From what I read and my personal experience US Bank graduates their secured cards after 12 months. I have couple of baddies that would drop off early next year and I should see a boost in my scores and become eligible for unsecured cards from US Bank. When I looked at the rewards these cards offering ( even secured cards) I have decided to take a plunge and apply for these secured cards. My hope is I would earn some rewards right now and eventually my cards would get upgraded in 12 months. I did not want to pass up the rewards. I have other secured cards that do not graduate or give rewards. I am going to close them soon some time next year.
