Bank of America® Customized Cash Rewards Secured Credit Card
Basic Information
Program ID: bank-of-america-customized-cash-rewards-secured-credit-card
Issuer: Bank of America
Card Type: Credit
Network: Visa
Card Tier: Standard
Data Complete: Yes
Created: 01/07/2026 08:02
Last Scraped: 01/15/2026 05:58
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | Either $10 or 3% of the amount of each transfer, whichever is greater (maximum $100) |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 2,924.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $0.00
Spending Requirement: $0.00
Time Period: 0 days
Bonus Timing: N/A - This secured credit card typically does not offer a sign-up bonus. Its primary purpose is to help build or rebuild credit.
Rewards Program
Reward Type: Cash Back
Base Reward Rate: 1.00%
Bonus Reward Rate: 3.00%
Bonus Categories: 3% cash back in one category of choice (gas, online shopping, dining, travel, drug stores, home improvement/furnishings), 2% cash back at grocery stores and wholesale clubs
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Cash rewards do not expire as long as your account is open and in good standing.
Transfer Partners: N/A
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
Approval Criteria
Recommended FICO Range: 300 - 670
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: This card is primarily designed for individuals with limited or no credit history, or those looking to rebuild their credit. Eligibility requires applicants to be 18 years or older, a U.S. resident, and provide a security deposit (minimum $200, up to $5,000) which determines the credit limit. The card offers a rewards structure of 3% cash back in a category of choice, 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then 1%), and unlimited 1% cash back on all other purchases. There is no traditional sign-up bonus with a minimum spend requirement. Application for this card is subject to Bank of America's known '2/3/4 Rule': applicants will generally be denied if they have opened 2 or more new Bank of America credit cards in the past 2 months, 3 or more in the past 12 months, or 4 or more in the past 24 months. This rule applies across all Bank of America credit card products.
Maximum Cards Per Issuer: 4
Minimum Spend Interval: N/A (no traditional sign-up bonus)
Shutdown Risk Triggers: Failure to make timely payments, defaulting on other Bank of America accounts, suspicious or fraudulent activity, repeated instances of exceeding the credit limit, or prolonged account inactivity.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.8 / 5.0
Top Positive Feedback:
Excellent tool for building credit history, offers valuable cash back rewards, clear path to graduate to an unsecured card, widely accepted Visa.
Top Negative Feedback:
Requires a security deposit, credit limit can be low initially, high APR if carrying a balance, customer service can be inconsistent.
Approval Experience Score: 85.0 / 100
Recommended Alternatives
- Discover it Secured Credit Card
- Capital One Platinum Secured Credit Card
- Bank of America Unlimited Cash Rewards Secured Credit Card
Card Value Score: 88.0 / 100
Est. Annual Rewards: $136.00
User Portfolio Metrics
Avg Portfolio Size: 2 cards
Avg Portfolio Age: 12 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: High
Predicted Approval Probability: 95.0%
Terms Version Control
Version ID: v1.0