Secured Card: Bofa or Wells Fargo?

[dodgerslv]

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@Give_Me_Credit_Please wrote:

Thank you very much!! My first prime card (even though it's secured) and very excited.

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Congrats!!! and treat it good and you could even get an auto CLI (without a deposit) just like they did to my account.

[Give_Me_Credit_Please]

I always thought, "okay a secured credit card? That should be easy approval?" But from what I've been reading here, a secured prime card can also deny you as well. So I'm just fortunite that they gave me this opportunity. Questions? Is it better to have a revolving balance every month and pay double the minimum or is it better to pay balance in full every month? Thank you.

[Give_Me_Credit_Please]

How long did it take for your cli?

[Wolf3]

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@Give_Me_Credit_Please wrote:

I always thought, "okay a secured credit card? That should be easy approval?" But from what I've been reading here, a secured prime card can also deny you as well. So I'm just fortunite that they gave me this opportunity. Questions? Is it better to have a revolving balance every month and pay double the minimum or is it better to pay balance in full every month? Thank you.

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It is always better to PIF the balance by the due date every month.   Interest charges are expensive and they only help the bank make more profit.

[Give_Me_Credit_Please]

I thought so as well. Thanks