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Bank of America® Unlimited Cash Rewards Secured Credit Card review

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Advertiser Disclosure

Annual Fee
Minimum Deposit
Interest Rate: Purchases
24.24% (Variable)
Balance Transfer
24.24% (Variable)

Informr score
The Bank of America® Unlimited Cash Rewards Secured Credit Card currently has an Informr score of 8.1 out of 10. This score is based on our evaluation of 4 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Bank of America® Unlimited 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.

What the Critics Are Saying...


Offers 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.

- Holly D. Johnson, Itzel Garcia Ruiz, Nou, Bankrate

Offers 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...

- BestCards

Only 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.

- Chauncey Crail, Dia Adams, Forbes

If 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...

- Holly Johnson, NextAdvisor


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


Sign up bonus No
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
Minimum Security Deposit $300
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
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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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