Bank of America® Customized Cash Rewards Secured Review (2026)
What is the Bank of America® Customized Cash Rewards Secured?
Bonus categories on a secured card — a rare combo. Pick one 3% category (gas, online shopping, dining, travel, drug stores, or home improvement) and you get a real rewards stack while you rebuild. The cap and category-mechanics give it specialist energy, but it earns its place if you have a clear top spending category.
Written by FairScoreGuide Editorial — Editorial Desk · Last updated
Issuer: Bank of America · credit cards · Editorial score: 8.2/10
Overview
Bonus categories on a secured card — a rare combo. Pick one 3% category (gas, online shopping, dining, travel, drug stores, or home improvement) and you get a real rewards stack while you rebuild. The cap and category-mechanics give it specialist energy, but it earns its place if you have a clear top spending category.
At a glance
- Editor rating
- 8.2/10Editor’s rating 8.2 out of 10
- Annual fee
- $0
- APR range
- ~28.24% variable
- Typical credit
- No score minimum — secured underwriting
Best for
- Rebuilders with a clearly dominant spending category
- Bank of America customers consolidating around one issuer
Features
- 3% cash back on a chosen category (gas, online shopping, dining, travel, drug stores, home improvement)
- 2% cash back at grocery stores and wholesale clubs
- Combined 3% + 2% earn capped at $2,500/qtr; 1% on everything else
- Reports to all three major credit bureaus
- Auto-review for graduation to unsecured cards in the Bank of America lineup
Fees
| Annual fee | $0 |
|---|---|
| Minimum security deposit | $300 (max $4,900) |
| Foreign transaction fee | 3% |
| Late payment fee | Up to $40 |
Pros
- Real bonus categories on a secured chassis — uncommon
- Up to $4,900 deposit gives high-spenders flexibility
- Path to graduate into Bank of America's wider rewards lineup
Cons
- $300 minimum deposit (vs. $200 norm)
- Quarterly cap on 3% + 2% earn
- 3% foreign transaction fee
Alternatives
Offer availability and terms can change. Confirm current APR, fees, and eligibility requirements on the issuer page before submitting an application.
Common questions
Is this review independent?
Yes. Ratings reflect editorial criteria described in our review methodology. We may earn a commission when you apply through partner links.
Will applying affect my credit?
Credit card applications typically involve a hard inquiry. Check for prequalification options on the issuer site when available.
How often is this page updated?
We refresh key facts when issuer disclosures change. See the published date signals on this page and our data sourcing notes for methodology.