Bank of America® Business Advantage Unlimited Cash Rewards Credit Card
- Annual fee
- None
- Recommended credit
- Excellent / Good
- Card network
- Mastercard
- Intro purchase APR
- 0% for the 9 months
At a glance
The Business Advantage Unlimited Cash Rewards Credit Card provides a base rate of unlimited 1.5% cash back on purchases, with that rate rising to 2.62% for eligible Preferred Rewards for Business account holders. The card also provides a decent selection of introductory bonuses with no annual fee.
Our review of the Bank of America® Business Advantage Unlimited Cash Rewards Credit Card
The Bank of America® Business Advantage Unlimited Cash Rewards Credit Card is a top choice for businesses looking to earn unlimited cash back rewards on every purchase. With a competitive 0% introductory APR period and bonus statement credit offer, this card is a great option for small to medium-sized businesses.
Who Should Consider the Unlimited Cash Rewards Card?
Businesses that value simplicity and unlimited rewards will benefit from the Business Advantage Unlimited Cash Rewards Card. Whether you’re buying office supplies or treating yourself to a luxurious trip, you’ll earn 1.5% cash back on every dollar spent. This card is ideal for companies that want to earn rewards without dealing with complicated categories.
How to Qualify for the Card
To qualify for the Business Advantage Credit Card, you must have a registered business entity. Sole proprietors, partnerships, and corporations are eligible to apply. A good to excellent credit score is typically required for approval, so make sure your credit history is in good shape before applying.
Rewards and Benefits
The Business Advantage Unlimited Cash Rewards Card offers unlimited 1.5% cash back on all purchases, with no caps. Additionally, new accounts can earn a $300 statement credit after spending $3,000 within the first 90 days. The card also features a 0% intro APR on purchases for the first nine billing cycles.
Management Tools and Benefits
In addition to its rewards program, the Business Advantage Credit Card offers a range of benefits to streamline business operations. These include flexible credit limits, automatic bill payments, QuickBooks account integrations, and 24/7 online and mobile banking. Cardholders also have access to Mastercard® Business Benefits such as Zero Liability, ID Theft Protection, and Car Rental Insurance.
Should You Apply?
Overall, the Bank of America® Business Advantage Unlimited Cash Rewards Credit Card is a solid choice for businesses with a relationship with Bank of America. The unlimited cash back rewards and competitive APR make it a valuable tool for companies looking to save money on everyday expenses. However, businesses with low monthly expenses or those who frequently carry a balance may want to explore other credit card options.
Carefully consider your business needs, eligibility, and credit requirements before applying for this card. By weighing the pros and cons, you can determine if the Business Advantage Credit Card is the right fit for your business and make an informed decision to support your long-term success.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- No annual fee
- Unlimited 1.5% cash back on every purchase
- Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening
- 0% Intro APR on purchases for 9 billing cycles from account opening
Who this card may suit
- You own a small-to-medium-sized company and want an unlimited cash back card
- You already have a deposit account with Bank of America, including a Preferred Rewards for Business account
- You don’t want to pay an annual fee
Rates, fees and terms
| Annual Fee | None |
|---|---|
| Intro Purchase APR | 0% for the 9 months |
| Regular Purchase APR | 18.49% to 28.49% variable based on creditworthiness and the Prime Rate |
| Balance Transfer APR | 18.49% to 28.49% variable based on creditworthiness and the Prime Rate |
| Balance Transfer Transaction Fee | Either $10 or 4% of the amount of each transaction, whichever is greater |
| Cash Advance APR | 29.49% variable based on the Prime Rate |
| Cash Advance Transaction Fee | Either $10 or 4% of the amount of each transaction, whichever is greater |
| Foreign Transaction Fee | 3% of the U.S. dollar amount of each transaction |
| Late Payment Penalty Fee | Up to $49 |
| Minimum Deposit Required | N/AP TO $49 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit Good Credit.
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Bank of America® Business Advantage Unlimited Cash Rewards Credit Card
Apply Now for Bank of America® Business Advantage Unlimited Cash Rewards Credit Card (opens in a new tab)You will leave this site for the issuer’s page. Confirm current terms there.
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