The text mentions that the card has a “relatively low security deposit requirement,” but it doesn’t specify an exact amount. Applicants should check with Bank of America to find out the current deposit requirement.

Yes, cardholders can earn unlimited cashback rewards on their purchases. There are no caps or restrictions on the amount of cashback rewards that can be earned.

Yes, the Bank of America® Customized Cash Rewards Secured credit card is a good option for people with bad credit who want to build their credit score. The card is secured, meaning the credit line is backed by a security deposit, which reduces the risk for the issuer and makes it easier for people with bad credit to get approved.

Cardholders can choose their own category for the 3% cashback reward rate from a list of six options, including gas, online shopping, dining, travel, drug stores, and home improvement/furnishings.

The text doesn’t mention any other benefits offered by the Bank of America® Customized Cash Rewards Secured credit card, so it’s safe to assume that the card does not offer any additional perks or benefits beyond the cashback rewards program.