Travel Rewards Secured: Build Credit with Travel Rewards
Build or rebuild your credit while earning 1.5X points on every purchase, with no annual fee and no foreign transaction fees.
The Bottom Line
3.6
BIG4CREDIT RANKING
Our 5-star rating is based on Big4credit’s independent, data-driven scoring system.
Each card is evaluated across multiple weighted categories – including rewards,
fees, welcome offers, 0% intro APR, ongoing APR, perks, benefits, and protections.
Ratings are determined solely by our research and analysis and are never influenced
by card issuers or advertisers. Read about our ranking system in the
Credit Card Ranking & Methodology section.
The Bank of America® Travel Rewards Secured Credit Card is one of the few secured cards that allows users to build or rebuild credit while earning travel rewards. It offers 1.5X points on all purchases, no annual fee, and no foreign transaction fees, making it a more rewarding option than many traditional secured credit cards. The card is especially appealing for consumers with limited or damaged credit who want to establish a positive credit history without giving up the ability to earn rewards on everyday spending. It also provides access to the same flexible travel redemption model used by the unsecured Travel Rewards card. The downside is that it requires a security deposit, and the rewards rate and benefits are relatively modest compared to cards available to consumers with stronger credit profiles. It also lacks premium travel perks and advanced rewards features. Overall, this card works best for people building or rebuilding credit who want a no-annual-fee secured card that offers simple travel rewards and no foreign transaction fees.
Travel Rewards Secured
Apply now
On Bank of America's Secure Website
Annual fee:
$0
Intro APR
Purchases: N/A
Balance Transfers: N/A
Regular APR
27.49% Variable APR
Credit Score
300-669 (Poor/Fair)
Rewards 1.5X points on all purchases.
1.5x - 3x Points
Welcome Offer N/A
N/A
Rewards*
- 3X Points on travel purchases booked through the Bank of America Travel Center.
- 1.5X Points on all purchases.
Redemption Options
- Redeem points for a statement credit towards travel and dining, or use them to book your next trip.
Fees and APR
- Security Deposit Required: Open your account with a refundable security deposit of $200 to $5,000. Your credit limit will be based on your deposit amount, income, and ability to repay.
- Security Deposit Review: Your account may be periodically reviewed for eligibility to have your security deposit returned based on your credit history, account management, and overall relationship with the issuer.
- Annual Fee: $0.
- Regular APR: 27.49% Variable APR.
- Balance Transfer Fees: 5% of each transfer amount.
- Foreign Transaction Fee: None.
Bank Relationship Benefits
- Bank of America Rewards Bonus: Enroll in BofA Rewards™ to earn bonus rewards on purchases made with eligible Bank of America® credit cards.
Convenience Features
- Digital wallet compatible: Apple Pay®, Google Pay™, Samsung Pay.
Buy Now, Pay Later Options
- Custom Pay Plan: Break up eligible credit card purchases into equal monthly payments. No interest, just a fixed monthly fee.
Terms and Conditions
- Click Apply Now to see the terms and conditions.