@Calisoco wrote:
No one has any info on this new change or if it's true?
If it is new and very few put extra deposit later, maybe.
Most look at secured money as just interest loss and want a small limit.
It is an account being paid on time every month and helps score and
aging no matter how small or large. Almost all secured cards can be paid
down weekly and issuer does not care. Rewards limit's are capped.
Why put out a lot of money to be tied up, for the same end result?
Lets say you have 1,000 & want another 2,500 = 3500 * 5% = $175/yr
A $500 CL = $25/yr
Just a thought, you might really need the larger CL.
Needs are different for each.
Why not just try?
Let others know the outcome.
