cancel
Showing results for 
Search instead for 
Did you mean: 

BoA Secured

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Highlighted
Established Member

BoA Secured

I append for the BoA secured card and got the 7-10 day message. I was wondering what happens if I dont have the funds in my checking account to fund the secured deposit. Will it still be approved and I will be given a chance to fund again or will it be declined?
Message 1 of 3
2 REPLIES 2
Highlighted
Regular Contributor

Re: BoA Secured

I can’t say with 100% certainty but I’m pretty sure they will decline you. I know for a fact that Citi bank will decline even after you’re approved but have your deposit check returned as unpaid. That is a very bad sign to any financial institution to have a check bounce before you even begin your business relationship with them. I recommend keeping the money in your account just in case. I got randomly approved for my US bank skypass secured card without my knowledge and they took out the payment 10 days later after giving me the 7-10 day message. Thankfully I still had more than enough to cover the deposit in my account.

Best of luck to you!
REBUILD STARTED 10/27/18


SCORES 5/2/19


“Breathing new life into a dead credit file”
Message 2 of 3
Highlighted
Regular Contributor

Re: BoA Secured

My BoA card was a secured card. Take care of it and it’ll take care of you. Mine graduated to unsecured after 8 months, with a cli.

I would also suggest you make sure the money stays in your account. Having your security deposit bounce would get you a declined app.
Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.