Eligibility Requirements:
- Must be 18 years or older.
- Provide a valid Social Security Number.
- U.S. residency required.
- Submit a refundable security deposit starting at $200.
Bank of America® Secured Credit Card application steps:
- Visit the Bank of America website or app.
- Complete the online application form with your personal and financial details.
- Submit your security deposit as instructed.
- Review and submit your application for processing.
Frequently Asked Questions
What is the minimum income to apply for the card?
There’s no specified minimum income, but applicants must demonstrate the ability to fund the deposit and manage monthly payments.
How do I track my credit card application?
You can check your application status through the Bank of America® website or by contacting customer service.
How long does it take for my card to be approved?
Most applications are reviewed within 7-10 business days, though some may receive immediate decisions.
Can I be approved for Bank of America® Secured with a low score?
Yes, the card is designed for individuals with little to no credit history or those looking to rebuild their score.