I put in an app for a bank of America secured credit card and got the we will wright you by US mail with in 30 days. For my deposit I put in $4,900 the max they will take. My question is will it be approved because of the deposit or could they decline it? The whole reason I want to know is I don't want to be going 30 days not knowing if that $4,900 is going to be coming out of my account 3 or 4 weeks from now and not be able to do anything with it if they are going to decline it. Would I be able to call them would they be able to tell me?
Thanks for reading.
BofA secured card services is slow. It took at least two weeks for them to process and approve my application but they didn't take the $ from my account until after it was approved.
They will try to charge you annual fee after 5 years just like me. still fighting to convert it if i cant will close before jan 2013 hit . Sadly will lose 5k credit line line but I ll close i don't care they pissed me off
5 years is really exceptional. If you can't get it straight with a credit analyst, tell him/her you will close the account.
I applied on Tuesday for a BoA secured card with a 2000 deposit. I also got the 30 day wait message but by Thursday they had debited my account and the new account is showing up when I log into the site. I still haven't received the card but hopefully it comes right after the New Year.
I have two major baddies one charge off for $600 and a medical collection.