BankAmericard Secured Credit Card

Updated

Credit card designed for those who want to start their credit history or want to repair it whether it is very low or raise it to reach a certain level. For this, an initial deposit is paid as a guarantee.

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Details
APR: 26.24%
Card type: Credit card
Supplier: Mastercard
Card limits
Credit limit: $ 5,000
Daily limit: Consult
Fees and commissions
Issue fee: $ 0
Replenishment Commission: Consult
Annuity: $ 0

Additional information of BankAmericard Secured Credit Card

Tarjeta de crédito asegurada BankAmericardBank of America offers the BankAmericard secured credit card, which can be used like any other card, to make purchases, obtain cash at ATMs and receive cash in your bank account.

The particularity of this plastic is that an initial amount must be paid as a guarantee, which can range from $300 to $5,000, since it is designed for those customers who do not yet have a credit score or have a very low one, and they want to upload it.

In addition, the card has no annual fee and, as your credit history improves, you can receive the deposit back.

The maximum balance limit available for your purchases will depend on the amount of the deposit and your ability to pay.

This secured card also has many other advantages, such as the possibility of including it in virtual wallets such as Apple Pay or Google Pay, alerts to your cell phone, security systems, blocking in case of fraud and overdraft protection.

To apply for the BankAmericard Secured Credit Card, you can go to one of the thousands of offices that the bank has throughout the country or fill out the online application form available on the website of the financial institution.

Other guaranteed cards that may interest you are those offered by other banks, such as the Capital One Secured Platinum or the US Bank Visa.

En español: Tarjeta de crédito asegurada BankAmericard