Review
Bank of America® Travel Rewards Secured Credit Card Review: Build Credit with Travel Rewards
Want to build your credit and earn travel rewards? The Bank of America® Travel Rewards Secured Credit Card lets you earn unlimited points on all purchases and has no annual or foreign transaction fees.
| Annual Fee | $0.00 |
| Regular APR | Standard APR 27.49% variable |
| Intro APR | None |
| Rewards Rate | 1.5 points per $1 spent |
| Other Fees | Balance Transfer Fee 4% of each transaction |
Overview
Pros & Cons
What's great
- No annual fee
- No foreign transaction fees
- Unlimited rewards on all purchases
- Low credit score requirement
Things to consider
- High regular APR
- No sign-up bonus
- Balance transfer fee
- Requires a security deposit
Benefits
Drawbacks
Decision Guidance
Summary
The Bank of America® Travel Rewards Secured Credit Card is a decent option for individuals looking to build or rebuild their credit while earning travel rewards. Its strengths include the absence of an annual fee and foreign transaction fees, coupled...