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Bank of America® Unlimited Cash Rewards Secured Credit Card

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Earn 1.5% cash back for your purchases while repairing or building your credit. There’s a minimum security deposit of $300 (up to $4,900) to form your credit limit, but Bank of America will periodically review your account to check if you’re eligible to have the deposit refunded.

Our rating
Min. credit level: Limited Credit History
Annual Fee: $0
Regular APR: 23.99% Variable

Bank of America® Unlimited Cash Rewards Secured Credit Card

Our rating
Limited Credit History Min. credit level
$0 Annual Fee
Apply Now

Highlights & Features


Spending Rewards
  • 1.5% cash back on all purchases

Balance Transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR 23.99% Variable
Balance Transfer Fee 3%, $10 minimum
How to Transfer a Balance on a Credit Card


Penalty APR Up to 29.99% Variable
Late Fee Up to $40
Returned Payment Fee Up to $29
Additional Cards Annual Fee N/A
Foreign Transaction Fee 3%
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 26.99%–27.24% Variable
Cash Advance Fee 5%, $10 minimum
How to Get a Cash Advance with a Credit Card

Card Benefits

  • Free Credit Score
  • Zero Liability on Unauthorized Charges
Bank of America® Unlimited Cash Rewards Secured Credit Card


  • Unlimited 1.5% cash back on all purchases
  • Minimum refundable security deposit of $300 is required to open your account
  • Bank of America will periodically review your account, and you may qualify to have your security deposit returned
  • Access to one of your FICO scores for free
  • No annual fee

Bank of America

Bank of America has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-732-9194 or

Try a different phone number
See all Issuer Cards

The Bank of America Unlimited Cash Rewards Secured Credit Card is designed to earn rewards while allowing you to build credit.

You’ll need to provide a security deposit of at least $300 to fund your credit limit, up to $4,900, but you may be able to get it back at a later date. Bank of America will periodically review your account to see if you qualify for a deposit refund.

You’ll earn an unlimited 1.5% cash back on all of your purchases.

This secured rewards card has no annual fee.

If you like these terms but you’re looking for an unsecured card, you may want to check out the Bank of America® Unlimited Cash Rewards Credit Card.

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