Bank of America Secured Credit Card

The Bank of America is now offering the Bank of America Secured Credit Card to their customers as part of the more than 200 different kinds of credit cards that they currently offer. This secured credit card from Bank of America is a great way to help establish and/or rebuild your credit. This can be done with regular payments that are on time. This is the best way to rebuild and re-establish your credit account and credit history. This will lead to the opening up of new financial opportunities in the future.

With a Bank of America Secured Credit card, customers can set their limit for spending from just $300 to more than $10,000. Customers can also make deposits from anywhere into the Bank of America security deposit account. Their deposit amount will be their credit line and it can be used for any purchases that they need. All due monthly payments have to be paid before the due date and also, the funds from the security deposit account should not be used to make minimum monthly payments. This way, your credit will begin to rebuild with each monthly payment.


Among the many benefits that you can earn with the Bank of America Secured Credit Card are similar to the many benefits of most of their cards. This includes an automatic 1% cash back on the purchases that customers make, anywhere and every time. Customers can also choose the way that they receive the rewards and points that they have earned with their card. Customers can even redeem it as cash and have it deposited directly under their account. There are several more benefits with the Bank Of America Secured Credit Card. Here are just a few more examples:

  • ShopSafe: Additional protection when you use your card to shop online.
  • Tap & Pay: A new feature available with Bank of America credit cards that enables you to purchase items at specific retailers by tapping your credit card on the device reader.
  • Text Banking: Get your account information quickly by phone text. Simply send a text message and you'll get a reply within seconds.
  • Chip Technology: Smart chip technology lets you make purchases outside of the U.S. This includes over 130 countries around the world including Canada, Mexico and the United Kingdom.

The Bank of America Secured Credit Card is designed to make your purchases and transactions easier with the bank. If you want to avail of the many rewards and benefits offered by the Bank of America, then this card is the one for you. Like any credit card, there are initial offerings and introductory prices. These prices are ideal, but they are available only for a limited amount of time. Make sure that you take the time to take a look at these introductory prices as well as their rates and their duration with your account.