80,000 Points
Worth $1,200
After you spend $5,000 on purchases on your new card in your first 3 months of card membership.
- 4.5%Alaska Air
- 4.5%Hawaiian Air
- 3%EV Charging
Annual Fee
$95
Rec. Credit
Excellent
Bank of America
Bank of America® Unlimited Cash Rewards Secured
Designed for individuals building or repairing their credit, the Bank of America Unlimited Cash Rewards Secured card provides a straightforward path to establishing a positive payment history with no annual fee. It operates as a structured credit-building tool backed by a security deposit.
Annual Fee
$0
Rec. Credit Score
Rebuilding
Good For
Rebuilding credit
All information about Bank of America® Unlimited Cash Rewards Secured has been collected independently by MaxRewards. Bank of America® Unlimited Cash Rewards Secured is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Is the Bank of America® Unlimited Cash Rewards Secured worth it?
This card is great for...
Credit building and repair
Zero annual fee credit tools
For anyone focused on improving their credit score, this card serves as a low-risk stepping stone. With no annual fee, every dollar you put toward your security deposit goes directly toward establishing your credit line, allowing you to build a consistent record of on-time payments.
MaxRewards Verdict
An effective option for building credit without an annual fee, though it offers no rewards or extra perks.
Eligibility
Recommended Minimum Credit
Min: Poor
Poor
Fair
Good
Excellent
Poor credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Rates & Fees
Annual Fee
$0
Purchase APR
27.49%
Variable
Transfer APR
27.49%
Variable
Cash Advance APR
1.00%
Variable
Foreign Transaction Fee
$0.03
Balance Transfer
$0.05
Cash Advance
$5
Late Payment
$41
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Other cards from Bank of America
See all 42 cards
70,000 Points
Worth $1,050
After you spend $3,000 on purchases on your new card in your first 3 months of card membership.
- 4.5%Alaska Air
- 4.5%Dining
- 4.5%Hawaiian Air
Annual Fee
$395
Rec. Credit
Good
95,000 Points
Worth $950
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
- 3%Sonesta
- 2%Airline
- 2%Dining
Annual Fee
$75
Rec. Credit
Good