Sign up for the BankAmericard® Secured Credit Card to help establish, strengthen and even rebuild your credit. A minimum security deposit of $300 is required to open this account. Your maximum credit limit (up to $4,900) will be determined by your income, ability to pay and the amount of the security deposit you provide. If you would like to learn more about credit, this card will give you access to credit education on topics like using credit cards responsibly, budgeting and more.
Recommended Secured Credit Cards:
- Fifth Third Secured Mastercard
- USAA Secured Platinum American Express® Card / USAA Secured Platinum MasterCard®
- Capital One® Secured MasterCard®
Recommended Credit Cards:
This section is for cards recommended after you have the adequate credit score established:
BankAmericard Secured Credit Card Summary:
- Apply Now
- Best Feature: can help establish, strengthen, and rebuild credit
- Annual Fee: $39
- Expiration Date: none
- Additional Advice: a great card for students seeking low interest rates
BankAmericard Secured Credit Card Features:
- $39 annual fee
- A minimum security deposit of $300 is required to open this account. Your maximum credit limit (up to $4,900) will be determined by your income, ability to pay and the amount of the security deposit you provide
- Important account information is shared with the 3 major credit bureaus—helping you build your credit history
- After 12 months, your account may be reviewed and you could qualify to have your security deposit returned while you continue to use your card
- Opt for paperless credit card statements and increase account security while reducing paper consumption.
Conclusion:
If you’re hoping to establish and strengthen your credit, then the BankAmericard® Secured Credit Card may be for you. A minimum security deposit of $300 is required to open this account as well as an annual fee of $39. However, this card may be worth it to you if you would like to receive credit education on topics like using credit cards responsibly, budgeting and more. If you’re seeking more options, find out which card is fit for you by checking out our complete list of Credit Card Promotions today!
