Bank of America® Customized Cash Rewards Secured Credit Card
The Bank of America® Customized Cash Rewards Secured Credit Card is a secured card designed for those with either limited credit history or poor credit. You will need to put down a deposit of at least $200 to qualify, and your deposit equals your credit limit. You earn cash back rewards, though: up to 3%, which is unusual in a secured card, although rewards are limited by a cap. There are not a lot of benefits, and no welcome bonus, but this is a decent card if you’re rebuilding your credit. We dive into the details in this Customized Cash Secured review.
Our Rating
4.8/5.0
Welcome Offer
N/a
Annual Fee
$0
0% on Purchases
N/a
Reward Rate
1% - 3% cash back
0% on Balance Transfers
N/a
Welcome Offer
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay |
| Benefits | Free credit score access, 24/7 customer service |
| Travel Perks |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of the U.S. dollar amount of each transaction made in a foreign currency. This fee will be in addition to any other applicable fee. |
| Regular APR | 28.24% (V) APR |
What Credit Score Is Required to Get the Bank of America® Customized Cash Rewards Secured Credit Card
- No annual fee
- Reports to all three credit bureaus
- Up to 3% cash back
- No welcome bonus
- No rewards
- High APR
What Are the Best Alternatives?
Capital One Platinum Secured Credit Card
Rating
4.5
Rewards Range
N/A
Annual Fee
$0
OpenSky® Secured Visa® Credit Card
Rating
3.0
Rewards Range
N/A
Annual Fee
$35
Petal® 2 "Cash Back, No Fees" Visa® Credit Card
Rating
4.6
Rewards Range
1% - 10%
Annual Fee
$0
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