Bank of America® Customized Cash Rewards Secured Credit Card
The Bank of America Customized Cash Rewards Secured is a secured card with no annual fee that earns cash back. A deposit of $200 to $5,000 opens the account, and Bank of America periodically reviews your account to see if it can return your deposit.
No Firstcard offer · free sign-up
No Firstcard offer · free sign-up
- Minimum deposit
- $200
- Fees
- $0
- APR
- 27.74% variable
- Credit check
- Yes
- Reports to
- —
- Unsecured upgrade
- Yes
The details
- Minimum deposit
- $200 min
- Annual fee
- $0
- APR
- 27.74% variable
- Credit check
- Yes
- Unsecured upgrade
- Periodic reviews may return your deposit
- Credit limit
- Set by your deposit, your income and your ability to pay
- Late fee
- Up to $41 (none if the balance due is $100 or less)
- Foreign transaction fee
- 3% of each transaction
- Cash advance fee
- 5% of each cash advance
- Rewards
- 3% in a category you choose (6% in year one), 2% at grocery stores and wholesale clubs on the first $2,500 in combined purchases each quarter, 1% on everything else
- Issuer bank
- Bank of America, N.A.
- Maximum deposit
- $5,000
- Deposit
- Paid up front
- Deposit refund
- May be returned after a periodic review of your account. Not all customers qualify
- Account required
- Bank of America deposit account that holds your security deposit
- Bank account required
- Yes
Facts come from the issuer's own terms, checked October 29, 2026. Confirm them on the issuer's site before you apply.
Pros & cons
Pros
- No annual fee.
- 3% cash back in a category you choose and 2% at grocery stores and wholesale clubs, plus a 3% first-year bonus in your chosen category.
- Periodic reviews may return your deposit.
Cons
- The 27.74% variable APR is high if you carry a balance.
- The 3% and 2% rates apply only to the first $2,500 in combined purchases each quarter, then 1%.
- Not everyone qualifies to get the deposit back.
Compare Bank of America® Customized Cash Rewards Secured Credit Card to other secured cards
Bank of America® Customized Cash Rewards Secured Credit Card
—- Min. deposit
- $200
- Fees
- $0
- APR
- 27.74% variable
- Min. deposit
- $100
- Fees
- $0 first year, then $25
- APR
- 27.74% variable
- Min. deposit
- $0
- Fees
- $0
- APR
- None
- Min. deposit
- $0
- Fees
- $0
- APR
- None. Charge card
After this card, similar cards from the same list are picked automatically: cards from Firstcard partners first, then the rest, each group by Firstcard editors' rating. That order may reflect partner compensation, as how we rate explains. It never changes a rating. The full list shows them all. Clicks are Firstcard members sent to each card in the last 12 months, with suspected bot traffic excluded.
A warning from Firstcard
- Low limit, so watch your credit use. On a $200 limit, a $60 purchase already uses 30% of your line, and high credit use can lower your score. Pay right after you buy, before your statement closes.
How credit use affects your score: myFICO on amounts owed.
How Firstcard works
Firstcard exists to make finance simple and accessible, so anyone can choose the right financial product with confidence. That means showing every fee and every catch upfront, and holding ourselves to the same standard. Here is how Firstcard works, and how we make money.
How we rate. Our editors' rating for a secured card weighs four things. What does it cost in the first year, with every fee and the APR? What limit do you actually get? What do you need to qualify? And how does it help you build credit? Ratings run 1 to 5 in tenths and compare products only within their own category, so a 4.5-star cash advance app is not “better” than a 4.0-star credit builder: they do different jobs. Treat the rating as one input, not the decision. See how we rate financial products.
How we make money. Firstcard may earn a commission when you click a link on this page, get approved, or open an account. That is what keeps our comparisons free to use. See how we make money and our current partners.
Ratings versus placement. Star ratings, member reviews, and our cost math are never influenced by money, and no partner sees a review before it publishes. Where a product appears is a separate question: featured spots and default ordering can reflect partner compensation and what members click and choose. That is why the rating and the real numbers travel with every product, wherever it sits. See our Advertiser Disclosure and Editorial Guidelines.
Terms change, so check before you apply. These terms come from the providers, not from us, so we cannot guarantee they are current or complete, and anything a member reports describes their own account rather than the offer you will be given. Always confirm the fees and terms on the provider's own site before you apply. If you spot something wrong here, email support@firstcard.app and we will fix it.
