Cash Rewards Secured Credit Card
No annual fee. Purchase APR 27.74%, variable.
- Annual fee
- CFPB credit card surveyReported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
- Purchase APR
- Issuer's pagebankofamerica.com
“27.74%”
- Foreign transaction fee
- CFPB credit card surveyReported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
We don't earn anything from this link. Select any underlined figure to see where it comes from.
What it's worth
| Spending | First year | After |
|---|---|---|
| Light spender | $155 | $155 |
| Typical spender | $370 | $370 |
| Heavy spender | $760 | $760 |
The spending each assumes, a month
- Light spender: groceries $300, dining $100, gas $100, everything else $500
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500
Assumed: not counted: 3x After the first year from account opening, purchases in the selected choice category earn 3% cash back up to the quarterly maximum; not counted: 6x Choice category: gas and EV charging stations; online shopping, including cable, internet, phone plans and streaming; dining; travel; drug stores and pharmacies; or home improvement and furnishings.
Estimates from the published terms above, as checked Oct 4, 2026; not advice. How we value cards
How it compares
- No annual fee, like about 90% of the 49 cards on our Secured list (see the list).
- Worth more to a typical spender than about 90% of the 49 cards on our Secured list (see the list).
- Lower top APR than about 50% of the 44 cards on our Cash back list (see the list).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
How you earn · BofA Rewards™
- 6%Choice category: gas and EV charging stations; online shopping, including cable, internet, phone plans and streaming; dining; travel; drug stores and pharmacies; or home improvement and furnishings
- 2%Grocery stores and wholesale clubs
- 3%After the first year from account opening, purchases in the selected choice category earn 3% cash back up to the quarterly maximum
- 1%Everything else
Rates and fees
| Annual fee | CFPB credit card surveyReported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Issuer's pagebankofamerica.com “27.74%” |
| Intro APR | Issuer's pagebankofamerica.com The source states this figure; we have no exact sentence on file yet. |
| Balance transfer fee | Issuer's pagebankofamerica.com The source states this figure; we have no exact sentence on file yet. |
| Foreign transactions | CFPB credit card surveyReported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
Carrying a balance? See how long it takes to pay off
Questions
- What is the annual fee?
- $0 Reported to the CFPB, Dec 31, 2025, since Sep 29, 2026
- Does it charge a foreign transaction fee?
- Yes: 3%. Reported to the CFPB, Dec 31, 2025, since Oct 4, 2026
- What is the purchase APR?
- 27.74% APR bankofamerica.com, since Oct 4, 2026
Other secured cash back cards with no annual fee
- Bank of America Unlimited Cash RewardsBank of America · No annual fee+$80 a year
- Bank of America Unlimited Cash Rewards SecuredBank of America · No annual fee+$80 a year
- Quicksilver RewardsCapital One · No annual fee+$80 a year
Against this card, for our typical spender's value (rewards and credits minus fees, after the first year).