BOA Cash Rewards Secured Credit Card

[BustedVisaCard]

Yeah, I am about to drop $2k for a secured card.

I just feel their whole goal is to sell investments. And their online banking just feels that way and sucks.

I’ve got a great history with US Bank and their web layout is simple and lots of options/details/reports.

But I’ve been hearing things about BoA closing people’s accounts without notice and charging $60-90 in “research fees”.

I do know they are a bank and many people use them. Just seems sketchy to me. But my company uses them for payroll.

[fontanaman]

Well, if you have a good relationship with US Bank why not consider their secured card: http://www.usbank.com/credit-cards/secured-card.html

I haven’t heard about BOA closing accounts. You mean checking accounts right? They did close my credit card account a couple of years ago during the financial crisis because I had a history of late payments (up to 90 days late), so I can’t say it wasn’t my fault. I remember other people complaining about this back then so I know I wasn’t the only one.

[Author]

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