Citibank Secured card?

Discussion in 'Credit Talk' started by Denny, Jun 9, 2003.

  1. Denny

    Denny Well-Known Member

    Hi,
    Anyone knows how they report this card? As secured or unsecured? Does they offer to transfer to unsecured after year?
    How about Washington Mutual bank ?
    Thanks!
     
  2. Geo

    Geo Well-Known Member

    This cards does not report to anyone! and you have to wait 18 months to unsecured the card.
     
  3. Denny

    Denny Well-Known Member

    I had intuition that they don't report. I didn't like there app "Process Immediately" ...
    Thanks!
     
  4. wert

    wert Well-Known Member

    Not only do they not report, but when they do give you a non secured card for getting your credit in line, they start a new account. The time it's been secured never gets reported.

    SUCKS.

    personal experience.
     
  5. Luke

    Luke Well-Known Member

    I'm interested in this card even though it doesn't report right now and even though you have to wait 18 months to get a whole new account. The reason I'm interested is I'm hoping to one day get a prime citi card and they might approve me for a prime one after having their secured for a while (kinda like gettin in the back door). 18months is not too long to wait for me. Do you know if they approve secured cards with any major derogs showing? I've got 5 paid charge offs showing on my reports.

    Luke
     

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