How to apply for Bank of America Customized Cash Rewards Secured credit card?
Are you looking for a card that accepts low scores and has rewards? The Bank of America Customized Cash Rewards Secured card can be for you. Keep reading to know how to apply!
by Victória Lourenço
Bank of America Customized Cash Rewards Secured credit card application
If you need a credit card that accepts not-so-good scores and offers rewards, the Bank of America Customized Cash Rewards Secured card can be for you. This credit card can help you build or rebuild credit as it sends your monthly payment reports to all three major credit bureaus.
Also, this card gives you access to your credit score. With that, you can start building or credit score more easily. So, if you want to know how to apply for this great secured card, keep reading our post!
To make your online application for this card, you can go to Bank of America’s website and look for the card. Then, you can click on Apply Now and provide the required personal information on the fields. After that, you will have to pay a refundable security deposit that ranges from $300 to $4,900. So, after completing the application, you can wait for a response.
However, it is best to check your score and keep in mind that this application process requires a hard credit inquiry performed by Bank of America.
Apply using the app
You can use Bank of America’s mobile app to change your chosen bonus categories and manage your credit car account in general. However, to create your account and make your online application, you should go to the company’s website and complete your application.
Bank of America Customized Cash Rewards Secured credit card vs. Capital One Venture Rewards Card
If you are still unsure about applying for this Bank of America secured card, you can look for information about different card options in the market. Moreover, we have prepared a comparison with a different card that can give you a great welcome offer and more rewards.
However, keep in mind that you will need a very good credit score to apply. So, here is our comparison between the Bank of America Secured credit card and the Capital One Venture Rewards credit card.
|Bank of America Customized Cash Rewards Secured||Capital One Venture Rewards Card|
|Credit Score||Poor or limited score.||Excellent credit score.|
|Annual Fee||This credit card does not charge an annual fee.||$95.|
|Regular APR||The variable APR charged ranges from 13.99% – 23.99%.||This card charges a variable APR of 17.24% to 24.49%.|
|Welcome bonus*||There is not much information available about the welcome bonus offered by this card.||After spending $3,000 on purchases, you’ll receive 60,000 bonus miles (offer available for the first three months.)|
|Rewards*||With this credit card, you can get 3% cash back in one category you choose: online purchases, gas, dining, travel, home upgrades, drug stores.|
You can get 2% cash back when making purchases at grocery stores and wholesale clubs.
Also, you can earn 1% cash back on every other purchase you make with this card.
|Earn $100 credit on TDA Prev or Global Entry.|
There are more than 15 travel loyalty programs available.
This credit card offers access to VIP experiences.
You can get Amazon rewards.
Come and check how you can apply for the capital one venture rewards card and benefit from its many perks and travel opportunities.
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