Test card forgoes credit history

BofA directs program at Latino immigrants

For years, U.S. banks have targeted Hispanics -- including documented and undocumented immigrants -- for checking accounts, money transfer business and even mortgages.

Now Bank of America Corp. is going a step further, testing a credit card in Los Angeles that doesn't require a credit history. The cards could be popular with illegal immigrants, who find it difficult to build up a credit record otherwise.

Like with other accounts offered by U.S. banks, customers who use the new credit card need to prove their identity using a government-issued document. But they don't have to provide proof of immigration status or necessarily need a Social Security number.

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