Bank of America® Customized Cash Rewards Secured Credit Card
Bank of America
- 6%Cash back in the chosen category for the first year
- 3%Cash back in the chosen category
- 2%Cash back at grocery stores and wholesale clubs
N/A
Earn 3% cash back on a chosen category (up to 6% in the first year) and 2% at grocery stores/wholesale clubs on up to $2,500 in combined quarterly spending.
27.49% Variable APR
This card shines for its unique cash back structure, allowing users to earn up to 6% cash back in their chosen category during the first year, making the Bank of America® Customized Cash Rewards Secured Credit Card a compelling choice for those looking to maximize rewards while building credit.
Pros:
- No annual fee
- High cash back potential in the first year
Cons:
- High APR
- Requires a security deposit
The Bank of America® Customized Cash Rewards Secured Credit Card is particularly suitable for individuals seeking to build or rebuild their credit while earning rewards on their spending. With its zero annual fee and flexible cash back options, this card can appeal to those who prioritize both financial responsibility and reward maximization.