beckhsrules wrote:Hi Everyone,
I am on a work VISA in US since Jan 2014. The first thing I did was open a secured CC(Bank of America VISA card) so that I could build up my credit history as I am well aware of the importance of credit score and credit history. I waited a couple of months and after fair usage of the card applied for the DiscoverIT card and got approved for a CL of $1250. Now that I have the credit limit to spend over is it advisable for me to check with my BOA to run a check to turn my secured CC to an unsecured one and return back the deposit. I know that it is not advisable to close the account as the secured card is the oldest account in my credit history. Please advise.
beckhsrules wrote:But that being the longest card in my credit history it will pull the total length of my credit history by a couple of months if I go ahead and cancel it.
beckhsrules wrote:does the upgradation does a hard pull? I never knew that. Thanks for the info dude.
beckhsrules wrote:I know that it is not advisable to close the account as the secured card is the oldest account in my credit history.
takeshi wrote:No need to add "-ation". The word "upgrade" is an actual word with the meaning you're looking for.