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Saturday, October 24, 2026 Independent since 2026. We are not a lender.

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Bank of America® Unlimited Cash Rewards secured credit card: deposit, fees and APR

Fact sheet for the Bank of America® Unlimited Cash Rewards secured credit card, issued by Bank of America, with no annual fee and cash back. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Bank of America
Network	Visa
Annual fee	$0
Rewards	Cashback: Earn 1.5% cash back on all Net Purchases
Purchase APR	27.74% This APR will vary with the market based on the Prime Rate.
Balance transfer fee	5% of the amount of each transaction
Foreign transaction fee	3% of each transaction
Credit level	Good, Poor (tiers the issuer reports to the CFPB)
Secured	Yes, a refundable deposit sets the limit

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 27.99%, with a range of 27.49% to 28.24%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.

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Checked on October 16, 2026 on the issuer's official site. Terms change: confirm before you apply. bankofamerica.com/credit-cards/products/unlimited-c… · bankofamerica.com/credit-cards · bankofamerica.com/credit-cards/terms-and-conditions

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