madcrapper Posted July 1, 2005 Report Share Posted July 1, 2005 Due to business travel I am looking on depositing a large sum into a secured card, both for convience and help on credit. What is the best or better secured cards. I'm not much concerned about APR but more on the possiblity of having the account switch to unsecured (or other awards for good history). Anyone have any good card suggestions. Im looking at about 5-7k. Thanks. Link to comment Share on other sites More sharing options...
DHK Posted July 1, 2005 Report Share Posted July 1, 2005 BofA offers a secured card where you can deposit up to $10k. Will convert the card to unsecured after 12-18 months of good account activity.Kinecta Credit Union offers a secured card up to $25k. You can become a member by becoming a member of the "Consumers Cooperative Society of Santa Monica (CCSSM) - requires $10 nonrefundable membership fee to CCSSM."Secured Card info:http://kinecta.org/Bol/DesktopDefault.aspx?tabindex=0&tabid=123Membership info:http://kinecta.org/Bol/DesktopDefault.aspx?tabindex=0&tabid=21This is the best I can find for $5k+.If you're looking for UP to $5k, your choices increase greatly. Wells Fargo, National City, Chase, most other credit unions, etc. Link to comment Share on other sites More sharing options...
ceowens Posted July 1, 2005 Report Share Posted July 1, 2005 I have heard lots of good things about the BofA secured card. Good luck. Link to comment Share on other sites More sharing options...
madcrapper Posted July 3, 2005 Author Report Share Posted July 3, 2005 Well thanks for the reply. I had been looking at the BoA secured card and will go with them since im both a checking and mortgage customer of them already. Too bad my worst past debt issues were with MBNA, wonder if ill be blackballed by BoA now. Link to comment Share on other sites More sharing options...
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