As you may or may not recall, Chase declined me for their regular card, but offered me a secured card with them. Now I really, really hate to get a secured card when I don't need it, but I've got this nagging feeling that won't go away that I won't get decent offers if I have subprime cards in my portfolio. I've cut up and cancelled FCNB and transferred my Cap One accounts into the platinum...going to pay off my other Providian card and close it shortly and only keep the Providian Visa in my sock drawer because its my oldest tradeline. My question is...if I get the secured Chase, will it report as secured? Also, should I even go this route? Is this the best way into a Chase relationship, or should I just wait a few more months when I will likely qualify for their regular card? Same questions as above for Citi since they offered me secured as well (at least I think it was Citi). Thanks, L P.S. Chase declined me because: -Proportion of balances to credit limits too high on bank revolving or other revolving accounts -Length of revolving credit history too short.
