Credit Cards

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!

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by Victória Lourenço

10/08/2021 | Updated on 10/25/2021

Bank of America Customized Cash Rewards Secured credit card application

Find out how to apply for the Bank of America Secured card! Source: Bank of America
Find out how to apply for the Bank of America Secured card! Source: Bank of America

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!

card

Credit Card

Bank of America Secured

international visa

Get 1% – 3% cash back rewards No annual fee

You will be redirected to another website

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Apply online

See how to apply online for this Bank of America card. Source: Gettyimages
See how to apply online for this Bank of America card. Source: Gettyimages

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

See if you can make the application through the mobile app. Source: Gettyimages
See if you can make the application through the mobile app. Source: Gettyimages

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.

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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 SecuredCapital One Venture Rewards Card
Credit ScorePoor or limited score.Excellent credit score.
Annual FeeThis credit card does not charge an annual fee.$95.
Regular APRThe 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.)

*Terms apply
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.

*Terms apply
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.

*Terms apply

How to apply for Capital One Venture Rewards Card?

Come and check how you can apply for the capital one venture rewards card and benefit from its many perks and travel opportunities.

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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