Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

Bank of America® Customized Cash Rewards Secured Credit Card review

Compare Compare  
Advertiser Disclosure

Annual Fee
Minimum Deposit
Interest Rate: Purchases
23.99% (Variable)
Balance Transfer
23.99% (Variable)

Am I eligible?

Bank of America® Customized Cash Rewards Secured Credit Card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA
Yes Provide a minimum security deposit of $300.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.


Interest Rates
Regular APR Interest Rate 23.99% (Variable)

 This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 23.99% (Variable)

 This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 26.99% (Variable)

 This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

Minimum of $10

Cash Advance Fee 3%

Minimum of $10

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $40.00


Sign up bonus No
All Purchases 1% cash back
Restaurants No
Gas No
Groceries 2% cash back

On purchases spent on grocery stores and wholesale clubs

Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • Choose your 3% category (On up to $2,500 of quarterly spending)
    • Gas
    • Online Shopping
    • Dining
    • Travel
    • Drug stores
    • Home improvement/furnishings
  • Preferred Rewards clients get a 25% - 75% rewards bonus on every purchase.
  • You’ll earn 3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%
  • Features & Benefits
    Additional Card Holders Yes
    Travel Accident Insurance No
    Car Rental Insurance No
    Car Rental Discount No
    Extended Warranty No
    Purchase Protection No
    Zero Liability Yes
    No Foreign Transaction Fees No
    Emergency Assistance No
    Concierge Service No
    Price Protection No
    Fraud Protection Yes
    Free Credit Scores Yes
    Wireless Payments Apple Pay, Samsung Pay, Google Pay
    Virtual Cards No
    Additional Benefits
  • Overdraft Protection
  • Chip Cards
  • Account Alerts
  • Access to monthly free update of FICO® Score
  • Eligibility
    Minimum Security Deposit $300
    Minimum Age 18
    Minimum Personal Income
    Temporary Residents No
    Additional comments Other Names (AKA): Bank of America® Cash Rewards Secured

    Terms & Conditions Official Terms & Conditions
    Suggest a correction

    Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

    Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

    Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

    The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

    Use this card?

    Help inform others by sharing your experience with Bank of America® Customized Cash Rewards Secured Credit Card

    Rate It: