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Bank of America BankAmericard Secured Credit Card Review

BankAmericard Secured Credit Card Benefits

BankAmericard Secured Credit Card holders have access to consumer and banking benefits including:

  • Zero fraud liability coverage
  • Monthly FICO credit score access for free
  • Overdraft protection if you link your card to an eligible Bank of America checking account

Comparison to Other Cards

Annual fee: With the BankAmericard Secured Credit Card, an annual fee of $0 applies. The Secured Mastercard from Capital One does not charge an annual fee.

Rewards: Neither card offers a rewards program.

Sign-up bonus: Neither card offers a sign-up bonus.

Benefits: Both cards are designed to help you build or repair your credit. The BankAmericard Secured Credit Card provides monthly FICO credit score access for free, as well as account alerts and a zero fraud liability guarantee. Secured Mastercard from Capital One holders receive benefits including emergency card services, fraud coverage and Mastercard identity theft protection.

Rewards: The BankAmericard Secured Credit Card does not offer a rewards program. The Discover it Secured Credit Card earns 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases per quarter, and an unlimited 1% cash back on all other purchases.

Sign-up bonus: The BankAmericard Secured Credit Card does not offer a sign-up bonus. With the Discover it Secured Credit Card, your total cash back rewards are automatically matched dollar for dollar at the end of the first year for new cardholders.

Benefits: Both cards offer features to help cardholders build or repair their credit. The BankAmericard Secured Credit Card offers monthly FICO credit score access for free and a zero liability guarantee for fraudulent purchases. Discover it Secured Credit Card cardholders have monthly FICO credit score access for free and free Social Security number alerts.

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