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A yearly rate of interest on your credit card. Different types of transactions may have different APRs. Refer to your Credit Card Agreement for additional details. i applied for a Bank Of America SECURED Visa Card with a $300 deposit, They Approved me and even allowed me to get the CashBack Reward feature of 1%, 2% and 3% on the SECURED Card because i have a Checking account with them, And after 10 months of making All my payments On Time i called them to ... What is a secured credit card? A secured credit card uses money you place in a security deposit account as collateral. Your credit line is based on your income, ability to pay and the amount of your cash collateral deposit. Compare secured credit cards. ... Credit line secured by fully-refundable FDIC insured deposit submitted with application; ... approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Hi, in the year 2007 I obtained a boa secured credit card and I had to wait 9 months for it to become unsecured, which at 9 months is early although waiting 1 year is pretty the norm for the card to become unsecured especially now with the economy status. Bank of America Secured Card. Bank of America's secured credit card requires a deposit amount equal to the card's credit limit. This deposit is collateral for the account in case of missed payments or borrower default. The Winner: Harley Davidson Visa Secured Card from US Bank. There are many different secured credit cards offered by the major banks, but this is the only one with no annual fee. Author: Tim Chen Verdict - This is the wrong secured card for most people, due to its mediocre annual fee and APR. The only unique benefit of this card is the $10,000 maximum credit line, which is twice as high as most other cards. After speaking with a my financial consultant, a mortgage lender, and an online representative from Bank of America, I applied for a Secured VISA. For thirteen months, ... Works like any other unsecured bank credit card. Good luck. Understand your pain. I have a BK 09/2001 ... The BankAmericard Fully Secured Visa Card is a secured credit card offer that is a great type of bad credit credit card with some important features. Commerce Bank Secured Visa ® Credit Card Visit the nearest Commerce Bank Branch to apply. Get approved for a secured credit card with no fees even if you have a little or no ... Wells Fargo and Bank of America have some pretty decent secure credit cards that will surely help you to establish a ... While they run parallel to Bank of America credit card in terms of tactics used to ... Reviews.com provides you with the best secured credit card reviews and comparisons written by a top credit card expert. Toggle navigation. Business. Business. ... Secured Visa® from Merrick Bank Read the review Apply Here ... I think the BankAmericard Visa Secured Credit Card is a really good card to have if you have bad credit. I like that they accept people with limited credit and bad credit. Bank of America secured credit card fee schedule By CreditCards.com staff After making sure I had absolutely no debts, I applied for a secured credit card at Bank of America thinking I would get it but ... PNC is a GREAT option for rebuilding credit with a secured credit card. Go into a BRANCH ... Find the best review of the Bank of America secured credit card is the great option for the people who have the bed credit. Review The Bank of America Secured Visa® Card is ideal for those with limited or poor credit who may have difficulty in obtaining a standard unsecured credit card. Like any other secured credit card, the BankAmericard Cash Rewards secured card requires a collateral deposit. Think of this deposit as a checking deposit locked for one year: you cannot touch it, you cannot spend it, you cannot withdraw it, but it is still yours.
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