Goodbye BoA, Hello HSBC!

egold1234 · ‎03-08-2010

Well, BoA decidded to close all my cards except one leaving me with a $2,500.00 credit line, and 28.99% intrest rate. So I decided to ty the HSBC pre-approval link today, and sure enough I was approved for the ecoSmartMaster Card with a $2,500 line at 17.74% intrest and 6 months 0%. Hopefully HSBC will grow with me so I can try and get back the $20k line that BoA took away from me.

haulingthescoreup · ‎03-08-2010

Yikes! How'd you get on BofA's fecal list? Or was it a random dartboard type of thing?

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

egold1234 · ‎03-08-2010

I paid them in full after years of never missing a payment. Heres the details in this thread: http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&thread.id=207299

Anonymous · ‎03-08-2010

yea hsbc has been getting a little better with their starting credit limit. goodluck with your new CC. also i like your signature picture of your periodicals of scores

egold1234 · ‎03-10-2010

Thanks, was a bit of work, but got there.

DrSmoke · ‎03-14-2010

HSBC is no better.

I had a $1000 limit with a high balance for over a year, always paid on time.

I paid it off last Sept, and to my surprise they just cut my limit to $300 last month.

2 other cards I paid off at the same time actually increased my limit, so I cancelled my HSBC.

Anonymous · ‎03-14-2010

I've had HSBC since 2003 and never got an auto increase. Had to ask for

and take a hard hit for my two clis. One for 400 and one for 500. So now I've been at 1900

for years. Interest is at 29 %. No luv at all.

On the other hand my CU gave me 2500cli after one year.

Hope you have better luck.

egold1234 · ‎03-14-2010

I'm really wishing my CU offered credit cards... seems all the big banks are terrible.