Bank of America® Customized Cash Rewards Secured Credit Card
Secured credit cardsA secured cash-back credit card with no annual fee and a $200–$5,000 security deposit, subject to credit approval. Earn 6% in one chosen category for the first year, then 3%; earn 2% at eligible grocery stores/wholesale clubs. These rates share a $2,500 combined quarterly purchase cap, then earn 1%. Other eligible purchases earn unlimited 1%. Deposit return is subject to review.
Pros & Cons
Pros
- No annual fee.
- Advertised offer: 6% in the chosen category for the first year, then 3%; 2% at eligible grocery stores and wholesale clubs.
- Choice-category and grocery/wholesale purchases share a $2,500 quarterly cap; earn 1% thereafter and on other eligible purchases.
- Responsible account use may help build credit; account activity is reported to consumer reporting agencies.
Cons
- $200–$5,000 deposit is held as collateral and does not replace monthly payments.
- Current product page lists 27.74% variable purchase APR as of 3 November 2026; confirm current rates before applying.
- ITIN or alternative-document eligibility has not been confirmed for this specific card.
- Deposit return is reviewed periodically and is not guaranteed.
Generated from the provider's published terms and reviewed against official sources.
Eligibility and application requirements
U.S. address: Required
Residency and other conditions: Customized Cash Rewards Secured requires credit approval and a $200–$5,000 security deposit. The credit limit also depends on income and ability to repay. A deposit does not guarantee approval or a future upgrade. The issuer’s general online application FAQ requests an SSN and gross annual income; an ITIN or alternative-document route has not been confirmed for this specific card. Confirm the identity, residence and visa documents applicable to your application before applying. Collateral is held separately from monthly card payments.
Geographic restrictions: The current offer permits residential addresses in all 50 U.S. states, Washington, D.C., APO/FPO/DPO, Guam, Puerto Rico, Northern Mariana Islands, American Samoa and U.S. Virgin Islands. Minimum age is 18, except Puerto Rico permanent residents must be at least 21. No excluded U.S. state was identified. Overseas civilian addresses outside the specified locations are not listed as eligible. Military and territory routes are not fully represented by the questionnaire; confirm those routes directly. No additional visa-category restriction was established. North Carolina governing law is not a North Carolina residency restriction. Source: https://www.bankofamerica.com/credit-cards/terms-and-conditions/?campaignid=4079151&productoffercode=6S&locale=en_US
Product review: 03 Nov 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.
Compare secured credit cards requirements and costs · How we assess published requirements
Rewards
Not confirmed
What you need to apply
- Eligible residential address in the U.S. · Minimum age: 18+
- Credit approval required; paying the security deposit does not guarantee approval.
- SSN: Not confirmed
- ITIN / alternative ID: Not confirmed
Credit check
Hard inquiry — Hard inquiry inferred from issuer guidance.
How the security deposit works
- Required deposit: 200–5000 USD
- Funds remain unavailable for spending or withdrawal while pledged.
- Deposit return / upgrade to an unsecured card is subject to review.
Remaining costs
No additional reviewed fees are currently listed.
Official sources
- OfficialPage — checked · View source
- OfficialPage — checked · View source
- OfficialPage — checked · View source
- OfficialPage — checked · View source
Verification notes
Last reviewed: 3 Nov 2026. Details are based on the provider’s published materials at that time.
This information is educational and does not guarantee eligibility or approval. The provider makes the final decision.