Bank of America

Bank of America® Unlimited Cash Rewards Secured Credit Card

Secured credit cards

A secured credit card with no annual fee and unlimited 1.5% cash back on eligible net purchases. Requires a $200–$5,000 security deposit and credit approval. Bank of America reports account activity to consumer reporting agencies and periodically reviews eligibility for deposit return; approval and deposit return are not guaranteed.

Pros

  • No annual fee.
  • Earn unlimited 1.5% cash back on 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: Unlimited 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: Current offer expressly 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. Applicants must be 18 or older, except permanent residents of Puerto Rico must be at least 21. No excluded U.S. state was identified. Overseas civilian addresses outside these locations are not listed as eligible. The questionnaire does not fully represent military-address exceptions or territory eligibility; confirm those routes directly with the issuer. Immigration/visa restrictions beyond the disclosed identification and underwriting requirements were not established. Source: https://www.bankofamerica.com/credit-cards/terms-and-conditions/?campaignid=4081896&productoffercode=9J&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

Annual fee 0 (currency not confirmed)
Security deposit 200–5000 USD
Purchase APR Not confirmed
Foreign currency fee 3%
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Official terms

Checked 3 Nov 2026

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
Verification notes

Last reviewed: 3 Nov 2026. Details are based on the provider’s published materials at that time.

Read official terms ↗

This information is educational and does not guarantee eligibility or approval. The provider makes the final decision.

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