"DENIED DENIED DENIED"
Bank of America Secured Visa® Card Review
Written by: izach30 on 2008-11-11
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izach30's review: 
Is the economy that bad?? How can you get denied for a secured card?? After the online application was completed 2 minutes later I got the denied email
Is the economy that bad?? How can you get denied for a secured card?? After the online application was completed 2 minutes later I got the denied email
12 Comments
Comment 1 by kellbell
U 
on 2008-11-11
Is the economy that bad? The answer is, YES, the economy is that bad!!
on 2008-11-11 Is the economy that bad? The answer is, YES, the economy is that bad!!
Comment 2 by cabana7
Economy That Bad on 2008-11-11
Yes it is... There are many bank not extending credit right now... My score is over 700 with 99% avail. But it doesn't matter... Many banks won't start offering credit until the end of the recession... Even people with extremely good credit don't find many prequalified offers in the mail any more.
on 2008-11-11 Yes it is... There are many bank not extending credit right now... My score is over 700 with 99% avail. But it doesn't matter... Many banks won't start offering credit until the end of the recession... Even people with extremely good credit don't find many prequalified offers in the mail any more.
Comment 3 by januarym7
Maybe on 2008-11-11
Hey just wanted to let you know that I applied for a BOfA Card I think the plat Visa and got denied instantly through email. A few days later I received an offer in the mail for the 99/500 deal, so you never know maybe you will get offered that.
on 2008-11-11 Hey just wanted to let you know that I applied for a BOfA Card I think the plat Visa and got denied instantly through email. A few days later I received an offer in the mail for the 99/500 deal, so you never know maybe you will get offered that.
Comment 4 by meya
Yup on 2008-11-11
It is that bad... Lol. But, this is not the first time that I have heard of secured cards being denied, so don't loose hope yet. Use the score match before you apply for another card.
'
'http://www.Financeglobe.com/ScoreMatch/
Hope this helps!
on 2008-11-11 It is that bad... Lol. But, this is not the first time that I have heard of secured cards being denied, so don't loose hope yet. Use the score match before you apply for another card.'
'http://www.Financeglobe.com/ScoreMatch/
Hope this helps!
Comment 5 by colonative
Tell Us More.... on 2008-11-11
Had you previously had a bad account with Bank of America, MBNA or Fleet? MNBA and Fleet are legacy banks of BofA so if you screwed up with one of them in the past it is likely they will not extend credit to you now.
How many inquiries do you have? What are your scores? How many recently opened accounts do you have? Have you filed a bankruptcy in the past 9 years?
Secured or not, they still look at all of these things. Also, a few years ago my friend filed and asked my advice, I checked the BofA site (2002) and for the secured card your credit had to be free of bankruptcy.
on 2008-11-11 Had you previously had a bad account with Bank of America, MBNA or Fleet? MNBA and Fleet are legacy banks of BofA so if you screwed up with one of them in the past it is likely they will not extend credit to you now.How many inquiries do you have? What are your scores? How many recently opened accounts do you have? Have you filed a bankruptcy in the past 9 years?
Secured or not, they still look at all of these things. Also, a few years ago my friend filed and asked my advice, I checked the BofA site (2002) and for the secured card your credit had to be free of bankruptcy.
Comment 6 by rebuildme
Bank Of America Secured Card on 2008-11-11
I have a secured card from boa and I filed bankruptcy in 2003. So I don't think that's the true reason for being declined.
on 2008-11-11 I have a secured card from boa and I filed bankruptcy in 2003. So I don't think that's the true reason for being declined.
Comment 7 by brian23
If You Are Not A BOA Customer.... on 2008-11-11
Try going into the bank and apply with a Rep. I am an old Fleet Bank customer and I kinda screwed up with them, so I haven't banked with BOA in years (even though everytime I go in to branch they always tell me that its ok and than can open my accounts back up). But, when I went into the branch I was approved for the secured card.
on 2008-11-11 Try going into the bank and apply with a Rep. I am an old Fleet Bank customer and I kinda screwed up with them, so I haven't banked with BOA in years (even though everytime I go in to branch they always tell me that its ok and than can open my accounts back up). But, when I went into the branch I was approved for the secured card.
Comment 8 by arod
Sorry To Hear That . on 2008-11-11
Yes the economy is bad and some banks are tight with credit.
try. CITIBANK Secured MasterCard
Click below, Good luck I don't know if they will approve you but I will keep my finger crossed.
https://www.Citicards.com/cards/wv/cardDetail. Do? ScreenID=940
on 2008-11-11 Yes the economy is bad and some banks are tight with credit.try. CITIBANK Secured MasterCard
Click below, Good luck I don't know if they will approve you but I will keep my finger crossed.
https://www.Citicards.com/cards/wv/cardDetail. Do? ScreenID=940
Comment 10 by marie7
Options on 2009-03-02
I was also denied for BofA secured card and I laughed because I have fair credit. Try Orchard Secured MC. I was approved for this one after BofA denial. Also, Try U. S. Bank Secured... Reputable company... Higher approvals than BofA or Wells Fargo.
on 2009-03-02 I was also denied for BofA secured card and I laughed because I have fair credit. Try Orchard Secured MC. I was approved for this one after BofA denial. Also, Try U. S. Bank Secured... Reputable company... Higher approvals than BofA or Wells Fargo.
Comment 11 by jmsjay
Re: DENIED DENIED DENIED on 2011-06-21
ITS A FUCKING SECURED CARD! !!!!!!!! THEY ALREADY HAVE MY MON MY MONEY TO COVER THERE ASS.
on 2011-06-21 ITS A FUCKING SECURED CARD! !!!!!!!! THEY ALREADY HAVE MY MON MY MONEY TO COVER THERE ASS.
Comment 12 by jmsjay
Re: DENIED DENIED DENIED on 2011-06-21
ITS A FUCKING SECURED CARD! !!!!!!!! THEY ALREADY HAVE MY MON MY MONEY TO COVER THERE ASS.
on 2011-06-21 ITS A FUCKING SECURED CARD! !!!!!!!! THEY ALREADY HAVE MY MON MY MONEY TO COVER THERE ASS.
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Disclaimer: This content is not provided by Bank of America®. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Bank of America®. Review content is powered by Finance Globe.
