Our illustration in the card’s colours, not its design
Bank of America credit card
Bank of America® Secured Travel Rewards Credit Card
- APR down · 29.24% to 27.74% · Oct 4, 2026
No annual fee. Purchase APR 27.74%, variable. No foreign transaction fees.
Checked Nov 1, 2026Updated
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
Issuer's page · bankofamerica.com
The source states this figure; we have no exact sentence on file yet.
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer's page · bankofamerica.com
“27.74%”
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB
“No annual fee † and no foreign transaction fees †”
Select an underlined figure to see where it comes from.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $110 | $110 | |
| Typical spender | $270 | $270 | |
| Heavy spender | $595 | $595 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
Assumed: points valued at 0.6¢, the program's cash rewards (1¢ only as a credit toward travel) value.
$110a year
The same in the first year and after.
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: points valued at 0.6¢, the program's cash rewards (1¢ only as a credit toward travel) value.
$270a year
The same in the first year and after.
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: points valued at 0.6¢, the program's cash rewards (1¢ only as a credit toward travel) value.
$595a year
The same in the first year and after.
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: points valued at 0.6¢, the program's cash rewards (1¢ only as a credit toward travel) value.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
Worth more to a typical spender than about 65% of the 732 cards we track.
- No annual fee, like about 90% of the 50 cards on our Secured list (see the list).
- Worth more to a typical spender than about 80% of the 50 cards on our Secured list (see the list).
- Lower top APR than about 35% of the 651 cards we track.
Other secured points cards with no annual fee
- Rivermark Community CU Platinum, Cash Back, Secured CardRivermark Community Credit Union · No annual fee+$180 a year
- United Bank Right Start EndeavorUnited Bank · No annual fee+$30 a year
- Nuvista FCU Visa Platinum, Visa Classic, Visa SecuredNuvista Federal Credit Union · No annual fee−$270 a year
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
BofA Rewards™
How you earn
- 1.5×
- Everything else
Points per dollar.
Benefits
- Points can be redeemed for a statement credit to pay for travel and dining purchases, including flights, hotel stays, vacation rentals, baggage fees, restaurants, and takeout.
- No blackout dates or restrictions are stated for booking trips.
- Access to credit education through Better Money Habits®.
- $0 Liability Guarantee for fraudulent transactions.
- Fraud monitoring and notifications for suspected fraudulent activity.
All 10 benefits
- Optional Balance Connect® overdraft protection when an eligible Bank of America checking account is linked to the credit card; no transfer fees, although other fees may apply.
- Paperless statement option.
- Digital wallet support for Apple Pay®, Google Pay™, and Samsung Pay.
- Online and Mobile Banking access.
- Account email or text alerts for balances, due dates, and payments.
Changes
- Oct 4, 2026 APR 29.24% to 27.74%
Only changes that held for at least three days on both sides count; one-day blips in a reading don’t.
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · bankofamerica.com The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer's page · bankofamerica.com “27.74%” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 1, 2026 Issuer's page · bankofamerica.com “27.74%” |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 1, 2026 Issuer's page · bankofamerica.com “5% of the amount of each transaction.” |
| Cash advance APR | Receipt · Cash advance APRChecked Nov 1, 2026 Issuer's page · bankofamerica.com The source states this figure; we have no exact sentence on file yet. |
| Cash advance fee | Receipt · Cash advance feeChecked Nov 1, 2026 Issuer's page · bankofamerica.com “5% of the amount of each transaction.” |
| Penalty APR | Receipt · Penalty APRChecked Nov 1, 2026 Issuer's page · bankofamerica.com “Up to 29.99% , based on your creditworthiness.” |
| Late payment | Receipt · Late paymentChecked Nov 1, 2026 Issuer's page · bankofamerica.com “Up to $41 .” |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB “No annual fee † and no foreign transaction fees †” |
| Grace period | Receipt · Grace periodChecked Nov 1, 2026 Issuer's page · bankofamerica.com “Your due date is at least 25 days after the close of each billing cycle.” |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- None · bankofamerica.com, since Oct 8, 2026
- Does it charge a foreign transaction fee?
- No. · Reported to the CFPB, since Oct 4, 2026
- What is the purchase APR?
- 27.74% APR · bankofamerica.com, since Oct 4, 2026