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finder.com’s rating: 4.4 / 5
★★★★★
$300
Welcome offer
Up to 3%
Cash back
$0
Annual fee
0%
Intro purchase APR
for the first 9 billing cycles (then 12.24% to 22.24% variable)
Annual fee | $0 |
---|---|
Welcome Offer | $300 after spending $3,000 in the first 90 days |
Rewards | 3% cash back on a chosen business category and 2% on dining on up to $50,000 combined each year, then 1% after that and on all other purchases |
Purchase APR | 0% intro for the first 9 billing cycles (then 12.24% to 22.24% variable) |
Balance transfer APR | 12.24% to 22.24% variable |
Recommended minimum credit score | 740 |
Issuer | Mastercard |
Review by
Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.
The Bank of America® Business Advantage Cash Rewards comes with a $0 annual fee and a rewards rate of 3% cash back on a category you choose each month and 2% cash back on dining up to $50,000 annually in combined purchases.
If you’re a member of Business Advantage Relationship Rewards, you’re eligible for an additional 25% to 75% reward bonus on every purchase, which makes this card one of the most rewarding.
Other cool benefits include a solid signup bonus of $300 and a 0% intro APR period on purchases for your first 9 billing cycles. The only downside is that you pay 3% fee every time you use your card abroad or online with foreign merchants.
All this makes the Bank of America® Business Advantage Cash Rewards an excellent choice for your business if you spend up to $50,000 each year in any of the 3% cashback categories.
Increase your chances of approval with an excellent credit score of 740 or higher.
Bank of America offers this program to boost small businesses, helping you take advantage of rewards and benefits that grow as you increase balances across BofA business and Merrill Edge or Merrill Lynch investment accounts.
To join this program, you must own eligible Bank of America business accounts averaging a combined balance of $20,000 or more over three months.
Benefits of Business Advantage Relationship Rewards include:
If your business regularly spends on any of the 3% cashback categories, you could see a rewarding benefit with this card. A 0% intro APR on purchases for the first 9 billing cycles only sweetens the deal, especially if you have your eye on a large company purchase. Your rate reverts to a variable 12.24% to 22.24% APR thereafter.
Apply today if the Bank of America® Business Advantage Cash Rewards sounded like a snug fit for your business. But if it didn’t, there’s likely another business credit card with tailored rewards for the way your company spends.
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We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.