BankAmericard Secured Credit Card

Card Details
Rewards	None
Signup Bonus	N/A
Annual Fee	None
Cardmember Agreement	View Here
Cash Advance APR	28.24% variable for cash advances.
Cash Advance Fee	5% of the amount of each transaction (minimum $10).
Late Payment Fee	Up to $38.
Purchases APR	25.24% variable
* Card terms and offers are subject to change. Confirm current details with the issuer.

CARD OVERVIEW

The BankAmericard Secured Credit Card is best known as a no-frills credit-builder card. It has no annual fee, requires a refundable security deposit, and doesn’t offer cash back, travel perks, or sign-up bonuses — its main appeal is helping people with limited or poor credit establish a positive credit history.

Most users say the card does exactly that: it reports to all three major credit bureaus, and on-time payments can gradually improve your credit score. Many reviewers mentioned that after consistent use, some people get their deposit back and the account may be upgraded to an unsecured card, which feels like a real milestone for rebuilding credit. The $0 annual fee also earns praise as a low-risk way to start.

On the flip side, users often complain about the high interest rates, lack of any rewards or perks, and that graduation to an unsecured card isn’t guaranteed. Some also note that customer service can be slow or confusing when handling deposit returns or limit increases.

Personally, I think this card is a solid, practical choice if your goal is strictly to build or rebuild credit. But if you want rewards, bonuses, or travel perks, you’ll likely find better options elsewhere.