Bank of America Secured Visa® Platinum Card

Annual FEE: $29
APR: 15.99%
Intro Rate: N/A
Card Type: Secured

Key Benefits

Credit Lines Available From $300 to $10,000
Set Your Own Credit Limit
Build or Reestablish Your Credit
Additional Details & Information
Card issued by FIA Card Services, N.A.

Credit Card Reviews
The Bank of America Secured Visa® Platinum Card issued by Bank of America, is designed for those with limited or poor credit who may have had difficulty in obtaining a standard unsecured credit card.

There is an annual fee of $29, which is average for a secured card.
Although the APR applied to purchases is average for a secured card, this card does not charge an application fee or a transaction fee for purchases, which are favorable benefits.

Most often, secured credit cards do not have any additional perks or benefits; however, this card does provide several benefits, including auto rental insurance, travel, and emergency assistance, and Total Security Protection®. Perhaps the best benefit is the option to receive convenience checks at no extra charge. The card also offers access to the Photo Expressions®.

Therefore, those who can afford to pay in full each month (to avoid finance charges) and can afford the $300 minimum deposit will benefit most from what the Bank of America Secured Visa® Platinum Card has to offer.