Bank of America Counter Offer...should I bite?!

[Anonymous]

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@Repo-ed wrote:

I've been a member of BoA for 15-20 years and they've never extended me a LOC.

I'd take your business somewhere else, if you really don't need them.

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You are so right! I'm totally fustrated with BOA!  I haven't been a member as long as you....I've been with them about 5 years, a very good customer, and they won't even give me credit....even $300 to start would be a good gesture from my own bank.  I won't apply anymore that's for sure.  I also decided not to go for the secured card.  Gonna continue to garden and go for something else in 2013...maybe give Citi a try.  

[pipeguy]

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@Anonymous wrote:

I applied for a Bank of America 123 credit card last week and did not receive instant approval, but today I received a couinter offer in the mail.  They offered me a SECURED Bank of America 123 credit card.  My issue is...I have an almost two year Secured Captial One credit card that has served me well because after one year I was able to get approved for a Chase Freedom, Discover More, AMEX Zync.  All my accounts have perfect payment history and I have no baddies.  So I thought my days of "secured" credit cards were long over......do you agree??!  I mean, I thought about taking their offer, but a part of me feels getting a secured card at this leg of my journey is sorta going backwards.....any thoughts? 

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Given the cards you have now, why would you even consider another "secured card" from BOA or anyone else? What is it you are trying to achieve that Chase/discover/amex won't give you?

IMO I'd tell BOA to pound sand - they are not known for being the best CC "partner" anyway....