- Gold Member
- Posts: 45
- Joined: Wed Oct 19, 2011 6:56 pm
- Location: west covina
ok, im almost a year with my secured wells fargo cc and i got a letter from them saying that my annual fee from unsecured cc will be due in july to continue the cc that i have. i always thought that after a yr of being with them, i will be automatically graduating from secured to unsecured after 1 year. i have an unsecured cc from them too with 2,700 limit. im just so eager to graduate from secured so i can get my deposit back. but seems like they are prolonging it and still letting me pay 18 annual fee... i called the number on the letter and the representative wouldnt know when im eligible not unless i do an application. i did that the last time when i walked into a branch. thats how i got my unsecured one. but im saving any inquiry coz im thinking of getting a car end of this year.
anybody know how much longer should i wait? i dont mind paying the 18 fee if its saving me an inquiry. if i dont pay it and close it , its gonna lower my credit score. i always thought 1 year is the usual time.. sigh!