I am wondering if we are making too much of this point. If the line of credit is a big one such as $2,500.00 I could see concern. However on an account of $500.00 does it make a big difference? I think we should remember that a trade line on your credit report is still a trade line. If Bank of America has a requirement of 2 trade lines with 1 year history on each (for example) then do you really think if one says "Secured" it wouldn't count? I am quite sure you still would gain a BofA Visa. Remember Mortgages are also secured, secured with the real estate of the property. When you think about it probably 50% of all loans are secured in one way or another! Also I feel some of you a relying too much on others, and not enough from the source. Questions regarding if a bank reports,and how the report shows should be directed at the bank. If you then want a confirmation from others go ahead, but remember, some people tell you what they think they know, and not what is the truth!