I called BOA to get my card unsecured they put another request in to get the card unsecured, the last request i put in was August 2020 and the letter said it was opened less than 5 months, i opened it in April 2020, should know 5 to 7 days. Thank you and be safe.
Starting Score: 663
@AllZero wrote:Is it secured or did you graduate to unsecured?
https://ficoforums.myfico.com/t5/Credit-Cards/Bank-of-America-secured-credit-card/m-p/6134779
It is secured, i put a request in August 2020 and the letter said it has been opened less than 5 months, i opened it in April 2020 so i put another request on Sept 2020, i should have it graduated its been 5 months now.
@cashorcharge wrote:From a timing aspect, you're eligible...but does the "Request Credit Line Increase" link show up online when you look at your account?
That's typically their indicator of "try your luck it might work out"
If the link does not exist, you will be told no
If the link does exist, they will go off a previous SP to make their decision.
The credit line increase button shows up online.
I pulled the trigger for a credit line increase, got the 7 to 10 days review, asked for 800 credit limit. Thank you and be safe.
@razzy116 wrote:
@AllZero wrote:Is it secured or did you graduate to unsecured?
https://ficoforums.myfico.com/t5/Credit-Cards/Bank-of-America-secured-credit-card/m-p/6134779
It is secured, i put a request in August 2020 and the letter said it has been opened less than 5 months, i opened it in April 2020 so i put another request on Sept 2020, i should have it graduated its been 5 months now.
If you are seeing improvements in your credit profile, then that would be the time to ask for early graduation. If denied, you can ask every following month until approved for early graduation. If your credit profile has not improved, then that would not be the time to ask.
I got 2 letters back, 1 is to get the secured to unsecured and the other one is for a limit increase, they were both denied and said to many inquiries, has this ever happened to anyone.
The letter i got in August 2020 said the card has been opened less than 5 months, the letter i got in september 2020 says to many inquiries.
I don"t know if i asked this before, i have a checking and savings account, do you think that i go into the bank i would have better luck getting the card unsecured? Thank you and be safe.
@razzy116 wrote:I don"t know if i asked this before, i have a checking and savings account, do you think that i go into the bank i would have better luck getting the card unsecured? Thank you and be safe.
Unfortunately, in branch may not yield any different results. System probably will dictate outcome.
If you are seeing improvements in your credit profile, then that would be the time to ask for early graduation. If denied, you can ask every following month until approved for early graduation.
If your credit profile has not improved, then that would not be the time to ask.