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Wells Fargo Secured Card Graduation

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Anonymous
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Wells Fargo Secured Card Graduation

Hi everyone!

I was reading last week that WF was looking to become a bigger player in the Credit Cars Business. I've had a secured card with them for 20 months. As far as I knew they only graduated in April and November so I was keeping my fingers crossed for November. I went to the post office today and found a WF envelope with "you've earned it" printed in front. When I opened it , I was surprised to find out I was being unsecured. It's suecured with a $1k deposit so I'm glad I'm getting it back. Not sure about CL. APR will be 17.49%. Whatever it is I'm happy. Thinking about doing a PC to the Cash Back card when I get it. So there you go fellas. Looks like things are (hopefully)  changing at WF.

Message 1 of 8
7 REPLIES 7
Anonymous
Not applicable

Re: Wells Fargo Secured Card Gradiation

Grats!
Message 2 of 8
MsLadyRover
Valued Contributor

Re: Wells Fargo Secured Card Gradiation

Congrats!



Starting Score: 639 (Walmart TU)
Current Score: TU 715 (Barclay) EX 685 (myFICO) EQ 697 (myFICO)
Goal Score: 700 Across the Board (Mortgage Goal Achieved 1/31/2012!)

Take the FICO Fitness Challenge
Message 3 of 8
09Lexie
Moderator Emerita

Re: Wells Fargo Secured Card Gradiation

Message 4 of 8
knoregs
Established Contributor

Re: Wells Fargo Secured Card Gradiation

Congrats!

 

~kn


EQ: 700 (FICO ScoreWatch) 11/26/14
EX: ??? (No Current)
TU: 681 (Discover FICO) 11/12/14

Last App 9/22/14... In Garden 'till Summer '15
Message 5 of 8
hot4u
Established Contributor

Re: Wells Fargo Secured Card Graduation

Congrats....Smiley Happy


(Chase)- Freedom, CSP®, United MileagePlus® Explorer, Marriott Rewards® Premier, Penfed cash+ rewards/Promise/Defender.
Amex’s- BCE, Hilton, SPG®, PRG® and Blue®, NFCU Cash Rewards, FHB Destinations World Elite.
- Amex Centurion,(Citi) Executive/Platinum® Advantage


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Message 6 of 8
Anonymous
Not applicable

Re: Wells Fargo Secured Card Graduation

Yes! I wasn't expecting it! I bank with them and I was seriously considering closing all my accounts if they didn't graduate my card. In the last couple of months I was approved for a couple of Prime cards. To be honest it felt great to close First Premier, AMEX Zync with $500 PSL, Cap1 Secured and Orchard. My WF Secured was my only rebuilder card left so its quite a milestone for me. Smiley Happy

Message 7 of 8
myjourney
Super Contributor

Re: Wells Fargo Secured Card Graduation


@Anonymous wrote:

Hi everyone!

I was reading last week that WF was looking to become a bigger player in the Credit Cars Business. I've had a secured card with them for 20 months. As far as I knew they only graduated in April and November so I was keeping my fingers crossed for November. I went to the post office today and found a WF envelope with "you've earned it" printed in front. When I opened it , I was surprised to find out I was being unsecured. It's suecured with a $1k deposit so I'm glad I'm getting it back. Not sure about CL. APR will be 17.49%. Whatever it is I'm happy. Thinking about doing a PC to the Cash Back card when I get it. So there you go fellas. Looks like things are (hopefully)  changing at WF.


Congrats 

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Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 8 of 8
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