I've got a BofA secured card that will be unsecured hopefully in 2 months. My question is will they start my history all over with a new account or just change the status of my old one?
as long as you kept your accnt in good standing for the 12 months they will review your accnt for graduation.
Biggdaddy, I was just wandering how the BOA secured showed up on your credit reports as a regular credit card, or "secured account" Im thinking about signing up the BOA. BTW, did you sign up by a partial secured by paying $99 for 500 credit line or 250-5000 deposit for credit line?
The history normally stays and they just change the status. I have a BofA secured and it shows secured on EQ and EXP. On TU it shows unsecured.
I had a BoA for a about a year before they upgraded me to an unsecure gold card. About a year later I was upgraded to their platinum with minimum limits
The BofA rep told me that you have to stay secured for a year and then they will upgrade you if you have a good payment history. Seems pretty standard.
But when they upgrade your card, do they change the notation on the credit report to show regular credit card (unsecured)?
