The BofA $99/$500 credit card

[Anonymous]

Does anyone who has this card, is this reported as a secured card or regular card?

[sl]

It is my understanding that when the credit card companies report to the CB they do not note if the card is secured or not. They just show it as tradeline. So you and the Bank are the only one who knows the card is secured.

Message Edited by sl on 06-05-2007 11:43 AM

[Anonymous]

thanks

[Anonymous]

I know someone who has one and it definitely is reported as a secured card.

[Anonymous]

Mine reported this morning... Not as a secured.

[Anonymous]

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FICO_Focused wrote:

Mine reported this morning... Not as a secured.

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I Digress.....

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P.O. BOX 17054
WILMINGTON, DE 19884
(800) 421-2110

Account Number: 4XXXXXXXXXXXXXX                 

Current Status: PAYS AS AGREED 

Account Owner: Individual Account.                     

High Credit: $0  

Type of Account: Revolving                                 

Credit Limit: $500  

Term Duration:                                                 

Terms Frequency: Monthly                                              

Date Opened: 06/2007                                      

Balance: $0                                                      

Date Reported: 06/2007                                    

Amount Past Due: $0                                         

Date of Last Payment:                                      

Actual Payment Amount: $0                               

Scheduled Payment Amount: $0                       

 Date of Last Activity: 06/2007                              

Date Major Delinquency First Reported:              

Months Reviewed: n/a                                        

Creditor Classification:                                       

Activity Description: n/a                                      

Charge Off Amount: $0                                      

Deferred Payment Start Date:                              

Balloon Payment Amount: $0                            

Balloon Payment Date:                                       

Date Closed:                                                    

Type of Loan: Secured Credit Card 

Comments:  

Message Edited by FICO_Focused on 06-05-2007 03:54 PM

Message Edited by FICO_Focused on 06-05-2007 03:54 PM

[sl]

I am interested in knowing they they show it as a secured card on the CB.  I was always under the impression they could not tell the difference.  And when I had my Capital 1 secure card, it did not show as secure. 

Message Edited by sl on 06-05-2007 12:55 PM

[Anonymous]

My Post was HTML so I had to edit, but it does apparently report as a secured... Even though it is partially secured.

Take Care.

Rob

[sl]

Thanks.  I saw that.  I guess I wrong.

[Anonymous]

I thought so,   I thought I heard someone say it reports as a secured.    I even did the online chat with the cc rep and he said it reports as a normal card.  LIARS'  LOL

by the way Fused, did your's come in yet,  I know we applied the same day.   They just took out the $99 yesterday so I am expecting hopefully sometime this week or next.