- Posts: 1
- Joined: Fri Mar 01, 2013 5:16 pm
- Location: Boston-area
I started building credit ~3 years ago with a secured card from a local credit union. (Fortunately, said secured card has no annual fee.) Just recently, I finally applied for (and got) a few unsecured cards (I've listed them below).
Now, I want to make said secured card into an unsecured one, since I want my $1000 security deposit back. I'd asked them a year or two ago, and they could only offer me a $500 limit unsecured (which I declined, since I didn't want my credit ruined by halving my available credit.) However, when I was going through a period of clinical depression last year, I let my August balance of ~$20 go a 30 days over, and it's a bit of a black mark on my credit report.
How long should I wait before asking to get the card unsecured? I haven't checked my real FICO scores lately, but CreditKarma has me at 704.
Credit union secured ($1000)
AMEX Blue Sky ($4500)
Fidelity Investment AMEX ($2000)
Amazon Rewards Visa ($500)