Bank of America® Unlimited Cash Rewards Secured Credit Card
Basic Information
Program ID: bank-of-america-unlimited-cash-rewards-secured-credit-card
Issuer: Bank of America
Card Type: Credit
Network: Visa
Card Tier: Standard
Data Complete: Yes
Created: 01/15/2026 17:38
Last Scraped: 01/15/2026 17:40
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: 2,124.00%
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 - The Bank of America Unlimited Cash Rewards Secured Credit Card typically does not offer a traditional sign-up bonus or welcome offer. Its primary benefits are focused on credit building and earning 1.5% cash back on all purchases.
Rewards Program
Reward Type: Cash Back
Base Reward Rate: 1.50%
Bonus Reward Rate: 1.50%
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.
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 designed for individuals looking to build or rebuild their credit history. Eligibility requirements include being 18 years or older, providing a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), being a U.S. resident, and the ability to provide a refundable security deposit (typically starting at $300). An existing banking relationship with Bank of America may aid in approval. This secured card typically does not offer a traditional sign-up bonus; its primary benefits are earning 1.5% cash back on all purchases and establishing a positive credit history, with the potential to graduate to an unsecured card. Bank of America's application velocity rules (the '2/3/4 Rule') generally apply: applicants cannot be approved for more than 2 new Bank of America credit cards in the past 2 months, 3 new cards in the past 12 months, or 4 new cards in the past 24 months. While secured cards can sometimes be an exception, it's prudent to assume these rules apply to new applications.
Maximum Cards Per Issuer: 4
Minimum Spend Interval: N/A - Secured cards typically do not have a sign-up bonus with a minimum spend requirement.
Shutdown Risk Triggers: Manufactured spending, abuse of rewards programs, high cumulative credit limit relative to income, frequent balance transfers without interest (less common for secured cards), bouncing payments, suspicious or fraudulent activity, providing inaccurate information on applications, or opening too many accounts too quickly (violating the 2/3/4 rule).
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.9 / 5.0
Top Positive Feedback:
Excellent tool for building credit history; Good cash back rate for a secured card; No annual fee; Easy to manage with existing Bank of America accounts.
Top Negative Feedback:
Requires a security deposit; Credit limit is tied directly to the deposit amount; Path to graduate to an unsecured card can be unclear or take time.
Approval Experience Score: 90.0 / 100
Recommended Alternatives
- Discover it Secured Credit Card
- Capital One Platinum Secured Credit Card
- Bank of America Customized Cash Rewards Credit Card
Card Value Score: 85.0 / 100
Est. Annual Rewards: $126.00
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: Medium
Predicted Approval Probability: 95.0%
Terms Version Control
Version ID: v1.0