Bank of America® Customized Cash Rewards Secured Credit Card

Bank of America Visa Pending

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15

Benefits

3

Reward Categories

3x

Max Reward

26.2%

APR From

Basic Information

PENDING

Program ID: bank-of-america-customized-cash-rewards-secured-credit-card

Issuer: Bank of America

Card Name: Bank of America® Customized Cash Rewards Secured Credit Card

Card Type: Credit

Network: Visa

Card Tier:

Approved: Pending

Data Complete: Complete

Created: Jan 07, 2026 08:02

Last Scraped: Feb 05, 2026 13:42

Apply URL: Visit

Home URL: Visit

SCRA Benefits (Military Members)

Bank of America provides information on potential benefits for Servicemembers under the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA). More details are available at bankofamerica.com/military.

Rewards Program (Detailed) 3 Categories

PENDING

Category	Rate	Type	Description	Annual Cap
Choice Category	3x	Cash Back	Earn 3% cash back in one category of your choice (Gas, Online Shopping, Dining, Travel, Drug Stores, or Home Improvement/Furnishings). This rate applies to the first $2,500 in combined choice category, grocery store, and wholesale club purchases each quarter, then 1%.	No Cap
Groceries & Wholesale Clubs	2x	Cash Back	Earn 2% cash back at grocery stores and wholesale clubs. This rate applies to the first $2,500 in combined choice category, grocery store, and wholesale club purchases each quarter, then 1%.	No Cap
All Other Purchases	1x	Cash Back	Earn 1% cash back on all other purchases, including purchases in the 3% and 2% categories after the combined $2,500 quarterly cap is met.	No Cap

Rewards Summary

PENDING

Reward Type: Cash Back

Base Rate: 1x

Bonus Rate: 3x

Categories: 3% cash back in one category of choice (from a list including gas and EV charging stations, online shopping, dining, travel, drug stores, or home improvement/furnishings), 2% cash back at grocery stores and wholesale clubs

Quarterly Rotating: No

Cap Amount: $2,500.00

Expiration Policy: Cash rewards do not expire as long as your account remains open.

Point Value: 0.01¢

Travel Portal Multiplier: 1x

Redemption Penalties: Minimum redemption amount of $25 for statement credit, direct deposit, or contribution to eligible Bank of America or Merrill accounts.

Benefits & Protections (Detailed) 15 Total

PENDING

Convenience 2

Online and Mobile Banking Access

24/7 account access

Access your account anytime, anywhere with Bank of America's award-winning online and mobile banking tools, including account management, bill pay, and transfers.

Paperless Statements

Digital statements

Opt for paperless statements to view your statements securely online, reduce paper waste, and receive email notifications when new statements are available.

Financial 6

Build Credit History

Credit building

This card helps you build or rebuild your credit history responsibly with regular reporting to the three major credit bureaus.

Free FICO Score Access

Free FICO Score

Get your FICO Score for free within your online banking account, helping you monitor your credit health.

No Annual Fee

$0 annual fee

This card has no annual fee.

Refundable Security Deposit

Full refund of security deposit

A security deposit is required to open the account, which is fully refundable when you close your account, provided all balances are paid.

Optional Overdraft Protection

Overdraft prevention

Link your card to your Bank of America checking account to help prevent overdrafts. Fees may apply for this service.

Automatic Payments

Automated bill pay

Set up automatic payments from your checking or savings account to ensure your credit card bill is paid on time every month, helping you avoid late fees.

Rewards 4

Customized 3% Cash Back

3% cash back

Earn 3% cash back in one eligible category of your choice (gas, online shopping, dining, travel, drug stores, or home improvement/furnishings). You can change your choice category once a month or keep it the same.

2% Cash Back at Grocery Stores and Wholesale Clubs

2% cash back

Earn 2% cash back at grocery stores and wholesale clubs.

1% Cash Back on All Other Purchases

1% cash back

Earn 1% cash back on all other eligible purchases.

Cash Back Rewards Quarterly Cap

$2,500 combined quarterly cap

The 3% and 2% cash back earning is applied to the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter. After that, 1% applies.

Security 2

Zero Liability Fraud Protection

Protection against unauthorized charges

You're protected from unauthorized transactions with Bank of America's Zero Liability Guarantee, meaning you won't be held responsible for fraudulent charges.

Account Alerts

Real-time notifications

Set up customizable alerts to stay informed about your account activity, such as payment due dates, unusual spending, or when your balance is low.

Shopping 1

Digital Wallet Compatibility

Convenient payment options

Easily add your card to digital wallets like Apple Pay, Google Pay, and Samsung Pay for secure and convenient payments in stores, online, and in apps.

Benefits Summary (Flags)

PENDING

Extended Warranty

Purchase Protection

Cell Phone Protection

Travel Insurance

Primary Rental Protection

Airport Lounge Access

Trip Delay Coverage

Lost Luggage Coverage

Price Protection

Concierge Service

No Foreign Fees

ShopRunner

Sign-Up Bonus

No Sign-Up Bonus Available

Click "Get Data" button below to fetch sign-up bonus information.

Fee Structure

PENDING

Annual Fee:	$0.00
Year 1 Waived:	No
Effective Annual Fee:	$0.00
Authorized User Fee:	$0.00

Additional Fees

PENDING

Late Fee:	$40.00
Returned Payment:	$40.00
Balance Transfer:	Either $10 or 3% of the amount of each balance transfer, whichever is greater.
Cash Advance:	Either $10 or 3% of the amount of each cash advance, whichever is greater.
Foreign Transaction:	3.00%

Interest Rates & APR

PENDING

Standard APR

Purchase APR: 26.24% - 26.24%

Balance Transfer APR: 26.24%

Cash Advance APR: 29.24%

Intro APR Offers

Approval Criteria & Requirements

PENDING

Credit Score Requirements

Recommended FICO Score

580 - 669

Approval Odds

Very Good

Soft Pull Support

Hard Pull Only

Application Process

Prequalification

Not Available

Preapproval

Not Available

Credit Bureau

Experian, Equifax, TransUnion

Issuer Rules & Policies

PENDING

Rules: This card is designed for individuals with limited or no credit history, or those looking to rebuild their credit. Eligibility requires applicants to be at least 18 years old, a U.S. resident, and possess a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). A security deposit, typically ranging from $200 to $5,000, is mandatory and determines the credit limit. The card does not offer a traditional sign-up bonus; its primary benefit is credit building through responsible usage. Bank of America enforces a strict application velocity rule, commonly known as the '2/3/4 Rule', which limits new card approvals to: no more than 2 new cards in the past 2 months, no more than 3 new cards in the past 12 months, and no more than 4 new cards in the past 24 months across all Bank of America credit card products. Existing Bank of America relationships and credit history (even if limited) are considered during the application process.

Max Cards Per Issuer: 4

Min Spend Interval: Not applicable for bonus; responsible usage over 6-12 months for credit building and potential graduation.

Shutdown Risk Triggers: Manufactured spending, defaulting on other Bank of America accounts, high cumulative credit limits across all issuers (especially if not justified by income), sudden drastic changes in spending patterns, suspicious activity, misrepresentation on application, or repeated late payments.

Cliff Effect Rules: The primary 'cliff effect' for this card is the graduation path from secured to unsecured. This typically requires 6-12 months of responsible usage (on-time payments, staying within credit limit, low utilization) and a review of the cardholder's overall credit profile. Failure to meet these criteria can prevent graduation and the return of the security deposit. The Bank of America '2/3/4 Rule' also acts as a significant application velocity cliff, preventing new card approvals if the limits are exceeded. While not directly tied to this secured card, establishing a strong banking relationship with Bank of America and meeting Preferred Rewards tiers can influence future unsecured card approvals and benefits.

Special Events: Not applicable for this general-purpose Visa credit card.

Holiday Promos: Not applicable for this secured credit card.

International Friendly: No

User Analytics & Insights

PENDING

User Ratings

Average Rating: 4.0 / 5.0

Top Positive:
Excellent for building or rebuilding credit, offers valuable cash back rewards, no annual fee, and a clear path to an unsecured card within the Bank of America ecosystem.

Top Negative:
Requires a security deposit, often comes with a low initial credit limit, and the graduation process to an unsecured card can be slow or unclear for some users.

Approval Experience: 85.0 / 100

Recommended Alternatives

Discover it Secured Credit Card
Capital One Platinum Secured Credit Card
OpenSky Secured Visa Credit Card

Card Value Score: 80.0 / 100

Est. Annual Rewards: $115.00

Approval Probability: 90.0%

Version Control

PENDING

Version ID: v1.0