The Ultimate Guide to Credit Cards
Saturday, September 19, 2020

Bank of America® Cash Back Secured Credit Card

► 2020 Review, Application & Rates

"The Bank of America® Cash Back Secured Credit Card is a new offer that is an excellent choice for anyone who needs to rebuild their credit score and wants to earn valuable cash back rewards in the process."
- Toby Sembower,
Advertiser Disclosure
Bank of America® Cash Back Secured Credit Card Review

at the issuer'ssecure website

BEST OVERALL RATING

★★★★★

4.5

OVERALL RATING

4.5/5.0
  • Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings
  • Earn 2% cash back at grocery stores and wholesale clubs
  • Unlimited 1% cash back on all other purchases
  • A minimum refundable security deposit of $300 (maximum of $4,900) is required to open this account
  • Access your FICO® Score updated monthly for free, within your Mobile Banking app or in Online Banking
  • $0 annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
23.99%
$0
Bad/Limited

Interest Rate

Annual Fee

Credit Needed

Ratings By Category

Bad Credit
(Ranked #2 out of 31)
★★★★★
4.8
Best Overall
(Ranked #36 out of 100)
★★★★★
4.5
Cash Back
(Ranked #16 out of 28)
★★★★★
4.6
Gas Rebate
(Ranked #11 out of 21)
★★★★★
4.7
No/Limited Credit
(Ranked #4 out of 25)
★★★★★
4.7
Secured
(Ranked #2 out of 13)
★★★★★
4.7

Advertiser Disclosure

The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers.