Bank of America® Customized Cash Rewards Secured Credit Card
Bank of America
- 6%Cash back in the category of your choice for the first year
- 2%Cash back at grocery stores and wholesale clubs
Earn a $200 online cash rewards bonus after you spend at least $1,000 on purchases in the first 90 days.
Earn 6% cash back in the category of your choice for the first year, plus 2% cash back at grocery stores and wholesale clubs.
27.49% Variable APR
The Bank of America® Customized Cash Rewards Secured Credit Card is particularly appealing due to its high cash back rates, offering 6% in a category of your choice for the first year. This feature, combined with no annual fee, makes it an excellent option for those looking to build credit while maximizing their rewards.
Pros:
- No annual fee
- High cash back rates in selected categories
Cons:
- Requires a security deposit
- Limited to first-year bonus
The Bank of America® Customized Cash Rewards Secured Credit Card is a suitable choice for individuals seeking to improve their credit score while benefiting from flexible cash back rewards. Its lack of an annual fee and competitive reward structure make it particularly advantageous for those new to credit or looking to establish a more robust financial profile.