Am I eligible?
To get this card, you must also:
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.
What the Critics Are Saying...
- Holly D. Johnson, Itzel Garcia Ruiz, Nou, BankrateOffers a superior rewards rate when compared to other secured credit cards. Plus, the minimum security deposit starts at just $300, and there’s no annual fee required. This secured credit card offers better rewards and value than most competing cards.
- BestCardsOffers an unlimited 1.5% back on all purchases, which is a very nice feature for those that want accelerated rewards but don’t want to be tied down to confusing bonus categories, like with the Customized Cash Secured Card. The lack of an annual fee is another feather in the card’s cap since many sec...
- Chauncey Crail, Dia Adams, ForbesOnly the best secured cards—which are typically designed with fewer benefits and marketed to those needing to build or rebuild credit history—offer cash back or other rewards. For a secured card to offer cash back potential on par with some average-credit rewards cards is certainly noteworthy.
- Holly Johnson, NextAdvisorIf you’ve had trouble getting approved for a credit card due to limited credit history or a low score, you may want to give a secured credit card a try. And the Bank of America Unlimited Cash Rewards Secured Card should definitely be on your list. With a meaningful rewards rate and lack of an annual...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
24.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
24.24% (Variable) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
27.24% ‐ 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% |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$40.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | 1.5% cash back |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| 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 |
| Eligibility | |
| Minimum Security Deposit | $300 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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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.
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