Bank of America Business Advantage Cash Rewards Mastercard®


For People with
Excellent Credit

REVIEWS

Reviews

The Business Advantage Cash Rewards Mastercard is issued by Bank of America, and has no annual fee. That makes it a good option for spending in the bonus reward categories, which include gas and office supply stores. You can also earn a nice statement credit pretty easily.

It doesn’t have a lot of fancy features, and there are just a few extra benefits with this card. But if your business spends thousands of dollars in these reward categories it could be a good way to earn some cash back.

Card Quick Facts

Card Quick Facts

  • 3% cash back at gas stations and office supply stores (up to $250,000 combined spending annually)
  • 2% cash back at restaurants
  • $200 statement credit for spending $500 in the first 60 days
  • 0% intro APR for purchases for 9 billing cycles
  • No annual fee
  • Cash flow management services

For People with
Excellent Credit

REVIEWS

Reviews

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Card Details

Rewards

Rewards

  • 3% cash back at gas stations and office supply stores (up to $250,000 in combined spending per year)
  • 2% cash back at restaurants
  • 1% cash back everywhere else

Introductory Bonus

  • $200 statement credit for spending $500 in purchases in the first 60 days after account opening
Card Stats

Card Stats

Annual Fee $0
Additional Cards Annual Fee -
Regular Purchase APR 13.24%–23.24% Variable
Intro Purchase APR 0% for 9 months
Foreign Transaction Fee 3%
Chip Technology Chip-and-Signature
Minimum Credit Limit -
Maximum Credit Limit -
Free Credit Score Yes
Penalty APR None
Late Fee Up to $49
Returned Payment Fee Up to $39
Balance Transfers

Balance Transfers

Intro Balance Transfer APR -
Regular Balance Transfer APR 13.24%–23.24% Variable
Balance Transfer Fee 4%, $10 minimum
Cash Advances

Cash Advances

Cash Advance APR 26.24% Variable
Cash Advance Fee 4%, $10 minimum

Card Benefits

Check your card’s Guide to Benefits to learn the specific benefits your card offers and how to access them.

  • Cash Flow Management Tools

    A variety of services to help track and manage your expenses. Includes QuickBooks compatibility.

  • Account Alerts

    Get alerts about account information on your phone.

  • Mobile Banking

    Pay your credit card bill online, transfer funds, check available credit and more.

  • Text Banking

    Send a text and get important account information.

  • Zero Liability Protection

    You will not be held responsible for unauthorized use of your card.

  • Overdraft Protection

    Link a Bank of America account to your card to prevent declined purchases and returned checks if you take out too much money from your account.

  • ShopSafe®

    Protection when you are shopping online.

  • Extended Warranty

    Doubles the original manufacturer’s warranty for eligible items, up to one additional year.

  • Earn More Cash Back

    Enroll in the Business Advantage Relationship Rewards program and you can get an additional 25% – 75% rewards bonus on every purchase you make. That means you can earn up to 3.75% at gas stations and office supply stores (up to $250,000 each calendar year), 2.75% at restaurants and unlimited 1.75% cash back on all other purchases.

  • Travel Accident Insurance

    Provides coverage up to $100,000 in the case of accidental death or dismemberment, when traveling by common carrier.

  • Auto Rental Insurance

    Provides coverage for rented vehicles against accidental damage and theft, as long as the rental company’s insurance is declined.

Visitor Reviews

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