App'd for BofA americard and was countered with secured?

[tray]

Congratulations, I am surprised that BOA is still handing out this type of secured cc with only the $99.00 deposit, this bank seems to be much stricter nowadays with issuing out the secured cards, best of luck,  you made a good choice with taking this card it will grow with you. 

[Anonymous]

secured cards are at the top of the marketing/advertising campaign right now. They are really trying to grow their credit card business and thats why they are being agressive with the secured cards at the moment

[Seatown1two]

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@Anonymous wrote:

 My CR shows a Bank of Americard Cash Rewards Visa (doesnt mention the secured part) and the banker told me as long as you keep your payment history good and util low (3-9%) its next to guaranteed.

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How did you get a secured rewards card?  I want that!!!  Do tell...

[JMN]

At the bank I work for, I've pulled people's credit before when they had this specific card. The report shows it notated as a Secured Credit Card, both as account type and under the comments left by the creditor.

So yes, they do report as secured.

[Anonymous]

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@Seatown1two wrote:

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@Anonymous wrote:

 My CR shows a Bank of Americard Cash Rewards Visa (doesnt mention the secured part) and the banker told me as long as you keep your payment history good and util low (3-9%) its next to guaranteed.

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How did you get a secured rewards card?  I want that!!!  Do tell...

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The banker suggested it! lol I really didnt care because with a $300 limit there's really not much rewards to be had but I guess you just ask for it.