- Sign-Up Bonus
- 0
- Spending Multipliers
- 2.5
- Credits & Features
- 2.5
- Fees
- 4.5
- Application
- 5
- Issuer
- NaN
Summary
- Sign-Up Bonus
- 0
- Spending Multipliers
- 2.5
- Credits & Features
- 2.5
- Fees
- 4.5
- Application
- 5
- Issuer
- NaN
The Bank of America Unlimited Cash Rewards Secured credit card is a no annual fee card designed for individuals who are building or rebuilding their credit and want a simple, easy-to-manage rewards structure. Cardholders earn 1.5% cash back on all purchases, with an elevated 2% cash back rate in the first year, making it ideal for students, young adults, or anyone new to credit who wants to earn rewards without managing multiple categories. While the card does not offer a welcome bonus and carries a 3% foreign transaction fee, its straightforward flat-rate cash back, no annual fee, and secured credit structure make it perfect for U.S.-based users seeking a low-cost way to build credit while earning consistent rewards on everyday spending.
Pros
No annual fee
Cons
No welcome bonus
3% foreign transaction fee
Only 1.5% on all category
Issuer
Spending Multipliers
Credits & Features
United 2% cash back in the first year instead of the usual 1.5%
Application
- Ability to get some BoA cards without a SSN or credit history
- BoA has a 2/3/4 role, meaning you can only be approved for 2 cards in 2 months, 3 cards in 12 months, and 4 cads in 24 months
- You cannot get this card if you currently have or have had it in the past 24 months
Fees
- No Annual Fee
- 3% Foreign Transaction Fee
- Up to $41 late fee
- 27.49% Variable APR
- 29.24% APR for Cash Advance
- 5% of each cash advance transaction
- 27.49% APR for Balance Transfer
- 5% of each transfer amount