Yes, it is possible to upgrade the BankAmericard® Secured Credit Card to an unsecured credit card. This card requires a security deposit, which becomes the credit limit for the account. As you use the card and make on-time payments, you can build a positive credit history and potentially qualify for an upgrade to an unsecured credit card.

The BankAmericard® Secured Credit Card does not offer cash back rewards. This card is primarily designed for individuals who are looking to build or rebuild their credit history, rather than earn rewards. You can establish a positive credit history by making on-time payments and keeping your credit utilization low. These habits can help improve your credit score over time, which can help you qualify for a card with more rewards and benefits.

The deposit limit for the BankAmericard® Secured Credit Card is determined by you, the cardholder. When you apply for it, you will be asked to provide a security deposit. That amount will become your credit limit. The minimum security deposit required to open a BankAmericard® Secured Credit Card is $200. You can deposit more than the minimum if you want a higher credit limit, up to a maximum of $5,000.