Can you get approved for the Bank of America Cash Rewards Secured card after bankruptcy? This question is about the Bank of America® Customized Cash Rewards Secured Credit Card

Can you get approved for the Bank of America Cash Rewards Secured card after bankruptcy?

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This question is about the Bank of America® Customized Cash Rewards Secured Credit Card

Michael Battle, WalletHub Credit Card Analyst

@mikebattle • 08/12/20 This answer was first published on 08/12/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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It's likely to get approved for the Bank of America Cash Rewards Secured card after bankruptcy. There is nothing in the card’s terms and conditions that indicates you would be automatically rejected after bankruptcy.

The decision is based on your overall credit history, ability to pay, and the application information you provide. The card was designed for applicants with bad credit after all.

see this user

Dale, Member

@shipo • 04/18/21 This answer was first published on 04/18/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Even though I’d been a BofA checking and savings customer for over a decade, last year after my Chapter 13 was discharged, BofA denied my application for a Secured card, and denied me again upon appeal.

I would strongly recommend those with a bankruptcy discharge less than at least a year old give BofA a pass when it comes to applying for a secured credit card.

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