
BankAmericard Secured Credit Card
in Personal Credit Cards from Bank of America
Would you recommend BankAmericard Secured Credit Card to your friends?
Community Rating |
Rating not yet determined |
Purchase APR (Variable APR) | 22.99% |
Balance Transfer APR (Variable APR) | 22.99% |
Credit Score Range | 300 - 850 |
Annual Fee | $0 |
BankAmericard Secured Credit Card Review
BankAmericard Secured Credit Card is a secured credit card credit card issued by Bank of America. If you're wondering whether BankAmericard Secured Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.
- High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 22.99%
- No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
- 3% Balance transfer fee. BankAmericard Secured Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $10.
- Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
- Accepts cosigners. Bank of America is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
- Secured card. This card requires a refundable deposit before you qualify for a line of credit. These cards are often used to improve the credit of people with poor credit or little credit history.
- Multiple credit card benefits. Includes generous credit card perks, such as price protection, and fraud protection.
- Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.
The Good | The Bad |
---|---|
|
|
Is there a BankAmericard Secured Credit Card cash back or rewards program?
No, BankAmericard Secured Credit Card does not offer a rewards program.
What are the BankAmericard Secured Credit Card benefits?
BankAmericard Secured Credit Card provides the following benefits:
- Price Protection
- ID Theft Protection
- Reports to major credit bureaus
What are the relevant APRs for BankAmericard Secured Credit Card?
According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. BankAmericard Secured Credit Card has higher than average purchase APRs.BankAmericard Secured Credit Card has a variable purchase APR of 22.99%. The card has a variable balance transfer APR of 22.99% . It also has a variable cash advance APR of 25.99% .
Does BankAmericard Secured Credit Card have an introductory APR offer on balance transfers?
No, BankAmericard Secured Credit Card does not come with an introductory APR offer for balance transfers.Does BankAmericard Secured Credit Card have an introductory APR offer on new purchases?
BankAmericard Secured Credit Card does not offer an introductory rate on new purchases.Description | |
---|---|
Introductory Rate | N/A |
Purchase Intro APR Period (months) | N/A |
What are the fees for BankAmericard Secured Credit Card?
The following fees apply to BankAmericard Secured Credit Card:
Fees | Amount |
---|---|
Annual Fee | $0 |
Foreign Transaction Fee | 3% |
Returned Payment Fee | up to $29 |
Late Payment Fee | up to $40 |
Does BankAmericard Secured Credit Card have a foreign transaction fee?
BankAmericard Secured Credit Card charges a foreign transaction fee of 3%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this card at home and apply for one that doesn't charge a foreign transaction fee.Does BankAmericard Secured Credit Card report your account activity to credit bureaus?
Yes, BankAmericard Secured Credit Card reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
- Transunion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
How to apply for BankAmericard Secured Credit Card
- Visit the BankAmericard Secured Credit Card website.
- Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
- Check the information is accurate and submit your application.
If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
100 North Tryon Street
#170
Charlotte, NC 28255 - (800) 432-1000
- Visit Site
Other Services by Bank of America

Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
No Annual Fee | |
Annual Fee | $0 |
No Interest Grace Period for Late Payment | 25 days |
Cash Advance Fee Minimum | $10 |
Cash Advance Fee (%) | Up to 5% |
Minimum Cash Advance Fee ($) | Starting at $10 |
Foreign Currency Transaction Fee | 3% |
Minimum Interest Charge | $1.50 |
Returned Payment Fee | Up to $29 |
Late Fee Amount | Up to $40 |
BankAmericard Secured Credit Card Community Reviews
Would you recommend BankAmericard Secured Credit Card to your friends?
Bank of America Personal Credit Cards
- Achieva Credit Union Cash Rewards Mastercard
- Applied Bank® Unsecured Classic Visa® Card
- Barclaycard Visa with Apple Rewards
- Blue Cash Everyday Card from American Express
- Hannoush Jewelers Credit Card
- Hot Topic Guest List Credit Card
- Lord & Taylor Credit Card
- NASCAR® Credit Card from Credit One Bank®
- RiteRug Flooring Credit Card
- State Farm Rewards Visa Credit Card
- US Bank Secured Visa Card
- Zions Bank® AmaZing Rewards® Credit Card