Bank of America® Customized Cash Rewards Secured Credit Card
Bank of America Visa Secured Pending
8
Benefits0
Reward Categories—
Max Reward26.2%
APR FromBasic Information
PENDINGProgram ID: bank-of-america-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: Secured
Approved: Pending
Data Complete: Complete
SCRA Benefits (Military Members)
Eligible Servicemembers may be entitled to certain benefits under the Servicemembers Civil Relief Act (SCRA). For more information, visit bankofamerica.com/military or call 800.344.6262.
Rewards Program (Detailed)
No Reward Data Available
Click "Get Data" button below to fetch reward information for this card.
Rewards Summary
PENDINGBenefits & Protections (Detailed) 8 Total
PENDINGDigital Services 3
Mobile & Online Banking
Manage your account securely from almost anywhere with Bank of America's award-winning Mobile Banking app and Online Banking, including viewing transactions, making payments, and setting alerts.
Account Alerts
Receive customizable alerts via email or text for important account activity, such as payment due dates, large transactions, or when your card is used.
Paperless Statements
Access your monthly statements securely online, reducing paper clutter and environmental impact.
Financial Management 4
Credit Building
Helps establish or rebuild credit history by reporting payment activity to all three major credit bureaus (Experian, Equifax, and TransUnion).
No Annual Fee
$0Enjoy the benefits of the card without paying an annual fee.
Free FICO Score Access
FreeAccess your FICO® Score for free within your online banking account or mobile app, allowing you to monitor your credit health.
Overdraft Protection
Option to link your credit card to your Bank of America checking account to help prevent overdrafts.
Security 1
Fraud Protection
$0 LiabilityProtection against unauthorized transactions with a $0 Liability Guarantee for fraudulent purchases made with your card.
Benefits Summary (Flags)
PENDINGExtended 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 |
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 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 3.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 26.24% - 26.24%
Balance Transfer APR: 26.24%
Cash Advance APR: 29.24%
Intro APR Offers
Approval Criteria & Requirements
PENDINGCredit Score Requirements
Application Process
Issuer Rules & Policies
PENDINGRules: The Bank of America Secured Credit Card is designed for individuals looking to build or rebuild their credit history. Eligibility requirements for 2026 include being at least 18 years old, a U.S. resident, possessing a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and the ability to provide a security deposit ranging from $300 to $5,000. Applicants should generally not have recent bankruptcies or defaults with Bank of America. Unlike many unsecured cards, this card typically does not offer a sign-up bonus with a minimum spend requirement; its primary benefit is credit building. While Bank of America's '2/3/4 Rule' (2 new cards in 2 months, 3 in 12 months, 4 in 24 months) is a significant factor for unsecured card approvals, it is generally less strictly applied to secured card applications, as these cards serve as an entry point for credit establishment. However, BofA still assesses overall banking relationship and recent application activity.
Max Cards Per Issuer: 6
Min Spend Interval: N/A - No sign-up bonus with spend requirement.
Cliff Effect Rules: The Bank of America '2/3/4 Rule' (2 cards in 2 months, 3 cards in 12 months, 4 cards in 24 months) is the primary 'cliff effect' for BofA credit cards. For the secured card, this rule primarily impacts eligibility for *future* unsecured BofA cards rather than the secured card itself. The secured card often serves as a pathway for individuals who might otherwise be constrained by the 2/3/4 rule for unsecured products. The 'cliff' for this card is more related to the ability to graduate to an unsecured product, which typically requires responsible usage for 6-12 months.
Special Events: N/A
Holiday Promos: N/A
International Friendly: No
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 3.8 / 5.0
Top Positive:
Excellent for building or rebuilding credit, relatively easy approval process for those with poor credit, reports to all three major credit bureaus, potential to graduate to an unsecured card.
Top Negative:
Requires a security deposit, charges an annual fee ($39), offers no rewards program, high APR, low initial credit limits, graduation to unsecured card can take time.
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: 90.0 / 100
Est. Annual Rewards: $0.00
Approval Probability: 85.0%
Version Control
PENDINGVersion ID: v1.0