Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
wolfer90

0 Contributions
0 People Helped
Unsecure/Upgrade my BankAmericard?
Hi, I got a secured credit card from Bank of America last April, depositing $500 which got me a $500 credit limit. This built my credit up to this April, where I was able to apply for and obtain a Discover it Card. At this point, I would like to keep having a Visa such as my BankAmericard (To use in places that don't take discover), but I would prefer to be able to get my deposit back and upgrade to something that will also get me rewards (Or at least no $39 annual fee). My credit limit on my BankAmericard has been raised twice since I got it, and I have paid every statement in full on time. Do I need to unsecure the card first, and then try to upgrade? Will upgrading automatically get my deposit back? Is this something I need to go to a BoA for or do I need to call them? I'm considering keeping the visa with BoA because I also have my checking account with them which makes managing it super easy, and I intend to continue to use the Discover as my primary card. Thanks for any help you can give!

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
785 Contributions
300 People Helped

Why don't you go into your physical banking branch of Bank of America, and ask to speak to an associate?  See if they'll give your deposit back, and ask if you're eligible for B of A cash rewards visa earning 3% on fuel, 2% at grocery stores, and 1% on other purchases. If you have the rewards go into a checking or savings account you earn an extra 10%. 12% on groceries and 13% on fuel is earned. 

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.