Oh yes, I actually read someone’s post that talked about that on this website. I was waiting on my deposit to be refunded or at least for an unsecured amount to be added in that same amount, however, I never saw anything. I have never read where anyone has gotten their deposit back……I have read where they have gotten a limit increase though, but I have not experienced neither one.
I think I just got with them because they were easy to sign up with and the deposit was so low..everyone else was $500 to start, BUT if I knew what I knew now, I would have tried somewhere else like the ones you have mentioned. I did try with my credit union and they wouldn’t give me the time of day even on a secured card!
Personally, I think you should go with another card. The fact that I thought I read that I would get my deposit back after a year and my card would then become unsecured really attracted me to the Cap1 secured card.