Bank of America® Unlimited Cash Rewards Secured Credit Card

Bank of America Visa Pending

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10

Benefits

1

Reward Categories

1.5x

Max Reward

26.2%

APR From
Basic Information
PENDING

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

Issuer: Bank of America

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

Card Type: Credit

Network: Visa

Card Tier:

Approved: Pending

Data Complete: Complete

Created: Jan 15, 2026 17:38

Last Scraped: Feb 11, 2026 11:54

Apply URL: Visit

Home URL: Visit

SCRA Benefits (Military Members)

Bank of America supports military servicemembers. Active duty servicemembers may be eligible for benefits under the Servicemembers Civil Relief Act (SCRA). Contact Bank of America for more information.

Rewards Program (Detailed) 1 Categories
PENDING
Category Rate Type Description Annual Cap Status
All Other Purchases 1.5x Cash Back Unlimited 1.5% cash back on all eligible purchases. No Cap
Rewards Summary
PENDING

Reward Type: Cash Back

Base Rate: 1.5x

Quarterly Rotating: No

Expiration Policy: Your cash rewards do not expire.

Point Value: 0.02¢

Travel Portal Multiplier: 1x

Redemption Penalties: Minimum redemption amount of $25 for statement credit, direct deposit, or contribution to a Bank of America checking/savings account or Merrill investment account.

Benefits & Protections (Detailed) 10 Total
PENDING
Financial Management 5
Credit History Building
N/A

Helps you establish or rebuild your credit history by reporting your payment activity to all three major credit bureaus.

Refundable Security Deposit
Up to $5,000 (based on deposit range)

Your security deposit, which determines your credit line, is fully refundable provided your account is in good standing and all balances are paid.

Credit Bureau Reporting
N/A

Payment activity is reported to all three major credit bureaus (Experian, Equifax, and TransUnion) to help build your credit history.

Potential for Unsecured Card Upgrade
N/A

Bank of America regularly reviews your account for the opportunity to transition to an unsecured credit card, allowing you to get your security deposit back.

Free FICO Score Access
Free

Access your FICO® Score for free within your Bank of America Mobile Banking app or Online Banking account.

Lifestyle 2
Digital Wallet Compatibility
N/A

Easily add your card to your digital wallet (e.g., Apple Pay, Google Pay, Samsung Pay) for secure and convenient payments.

Online and Mobile Banking Access
N/A

Manage your credit card account anytime, anywhere through Bank of America's secure online banking platform and mobile app.

Security 2
Zero Liability Fraud Protection
Full protection

You are protected from unauthorized transactions on your card with Zero Liability fraud protection, meaning you won't be held responsible for fraudulent charges.

Account Alerts
N/A

Receive customizable alerts via email or text for important account activity, such as purchases, payments due, or balance updates, to help you stay on top of your spending.

Shopping 1
Unlimited 1.5% Cash Back
1.5% cash back

Earn unlimited 1.5% cash back on all eligible purchases made with your card.

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
Min Interest Charge: $1.00
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: 0.00%
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
580 - 669
Very Good
Hard Pull Only
Application Process
Not Available
Not Available
Experian, Equifax, TransUnion
Issuer Rules & Policies
PENDING

Rules: The Bank of America Unlimited Cash Rewards Secured Credit Card is designed for individuals looking to build or rebuild credit. It offers 1.5% cash back on all purchases. As a secured card, it requires a security deposit, which typically determines the credit limit. Eligibility generally requires applicants to be 18 years or older, a U.S. resident, and possess a Social Security Number or ITIN. While a Bank of America banking relationship (checking or savings account) is not strictly mandatory, it can significantly improve approval odds, especially for those with limited credit history. Applicants typically have poor to fair credit scores or no credit history. Bank of America's application velocity rules, commonly known as the '2/3/4 Rule', apply to all credit card applications, including secured cards: no more than 2 new cards in the past 2 months, 3 new cards in the past 12 months, and 4 new cards in the past 24 months from Bank of America. These rules are projected to remain consistent for 2026.

Max Cards Per Issuer: 4

Min Spend Interval: Not applicable; secured cards typically do not offer a sign-up bonus with a spend requirement. The primary benefit is ongoing cash back and credit building.

Shutdown Risk Triggers: Manufactured spending, high credit utilization across multiple cards (especially if not paid down), sudden large or unusual transactions, repeated late payments, suspected fraudulent activity, or exceeding internal credit limits/risk thresholds across Bank of America accounts.

Cliff Effect Rules: Bank of America's primary application constraint is the '2/3/4 Rule', which limits new card approvals to 2 cards in 2 months, 3 cards in 12 months, and 4 cards in 24 months. While not a 'cliff effect' in the traditional sense of bonus eligibility (as secured cards typically lack sign-up bonuses), it acts as a hard limit on application velocity for all Bank of America credit products, preventing rapid accumulation of new cards.

Special Events: N/A

Holiday Promos: N/A

International Friendly: No

User Analytics & Insights
PENDING
User Ratings

Average Rating: 3.8 / 5.0

Top Positive:
Excellent for building or rebuilding credit history. The 1.5% cash back on all purchases is a great feature for a secured card. Relatively easy approval process for those with limited or poor credit. Provides a clear path to potentially graduating to an unsecured card.

Top Negative:
Requires a security deposit which can tie up funds. Credit limit is directly tied to the deposit amount. Some users report slow graduation to an unsecured card. Customer service can be inconsistent.

Approval Experience: 85.0 / 100

Recommended Alternatives
  • Discover it® Secured Credit Card
  • Capital One Platinum Secured Credit Card
  • Bank of America® Customized Cash Rewards Secured Credit Card

Card Value Score: 75.0 / 100

Est. Annual Rewards: $126.00

Approval Probability: 90.0%

Version Control
PENDING

Version ID: v1.0