Bank Of America Secured Credit Cards

Bank of America secured credit cards are relatively easy to get! Do you have any Bank of America secured credit cards yet?

Secured cards are credit cards that are secured by money that you deposit into a savings account. Bank of America secured credit cards are considered the top secured credit cards available because they offer features that other card companies don't offer...

A Bank of America savings account secures Bank of America secured credit cards
Your Bank of America secured credit cards' credit line directly reflects the amount of your deposit. If you deposit $1,000 into your savings account, your Bank of America credit line will be $1,000.
The deposited funds in the savings account guarantee - both to you and the bank - that funds will be available in case you unexpectedly fail to meet your credit obligations. No withdrawals can be made from the savings account securing the Bank of America secured credit cards while the Secured Credit Card account is open.
Because your savings account does not cover your monthly payments, please make at least your minimum payment before the due date each month. It also helps if you pay off your Bank of America secured credit cards each month instead of carrying a balance. This will protect you from debt and will allow you to build or rebuild your credit history.
Your Bank of America secured credit cards' credit limit is the same as your deposit. You're able to increase it by adding more to your deposit!