I've had a Bank of America Secured Platinum Plus CC since March 1st/7th 2009 according to the date opened in my credit reports. I've had it secured for 3 years and almost 4 months. I've never called or anything to ask if they'd unsecure either.
During that time I had both a checkings and savings account with BofA. When I moved out of state, they had no branches close to me, so I withdrew almost all the money from my checkings account and moved it to my new bank. This caused BofA to close my checking account. So the way I was paying my bills was through USAA's bill pay service, but that caused me to accidentally send in 3-4 payments late (by 1-2 days) in the past year (even though I initiated payment 2-3 days early) because the transfer took longer from a non-BofA bank. When my BofA checkings account was active, I would pay the bill 1-2 days early, and it would post on or before the due date. I've recently moved back to where BofA has branches, and am considering opening a checking account with them.
My credit limit is $1900, with the maximum balance being $1944. I kept a high balance for approximately a 1.5 years, between $1700-1900. Just recently have I knocked my balance down to $800, and will be paying the remainder of the balance fairly soon (before the current cycle ends).
I was wondering if you guys feel that BofA would unsecure my card (after I pay the balance in full). Since they'll look at my credit report, they'll notice that my other credit card (from USAA) is maxed out. It's at 6993/7000. I hoping to use the deposit from the secured card towards the balance of my USAA card. I'm really trying to bring my utilization down.
Thanks!
