
Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
finder.com’s rating: 4.4 / 5
★★★★★
30,000
Points as welcome offer
Up to 3x
Points
$0
Annual fee
0%
Intro purchase APR
for the first 9 billing cycles (then 12.99% to 22.99% variable)
Annual fee | $0 |
---|---|
Welcome offer | 30,000 online bonus points after making at least $3,000 in net purchases in the first 90 days of account opening |
Rewards | 3 points per $1 on travel booked through Bank of America Travel Center and 1.5 points per $1 spent on all other purchases |
Purchase APR | 0% intro for the first 9 billing cycles (then 12.99% to 22.99% variable) |
Balance transfer APR | 12.99% to 22.99% variable |
Minimum Credit Score | 740 |
Issuer | Mastercard |
Review by
Kliment Dukovski is a cryptocurrency and investments writer who has written over 700 articles to help readers find and compare the best financial options. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange and stock market trading.
The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card comes with a $0 annual fee and a rewards program with 3x points on bookings made through the Bank of America Travel Center. Boost this rewards rate to up to 5.25x on travel purchases if you’re a member of the Preferred Rewards for Business program.
In addition, you get to earn a solid signup bonus worth $300 when redeemed on travel or dining purchases after you spend $3,000 in the first 90 days. You also get 9 billing cycles of 0% intro APR period on purchases, reverting to a variable APR of 12.99% to 22.99% after that.
For a small business with heavy travel expenses, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card may be a good choice. Earn $7,200 per year in statement credit toward travel purchases if you spend $20,000 monthly through the Bank of America Travel Center.
This card doesn’t have many downsides, though to maximize the value of this card, you must be a Bank of America banking customer. If that isn’t the case, carefully compare this card against others — there are a variety of business credit cards with equally great value with fewer restrictions.
This business program is designed to boost your business through various rewards and benefits that grow as you increase your balances across Bank of America business deposit and Merrill Edge or Merrill Lynch investment accounts. To join this program, you must own an eligible Bank of America business checking account holding a three-month combined average of $20,000 or more. Depending on your status level within the Business Advantage Relationship Rewards program, you get priority client service along with:
The reward bonus alone turns your 1.5x points to up to 2.62x on all purchases and your 3x points on travel purchases to up to 5.25x. So assuming you spend $400 on travel and $600 on everything else each month, here’s how the points break down:
Money spent in a month | Standard points earned | Business Advantage Relationship Rewards program points earned |
---|---|---|
Travel: $400 | 1,200 | 2,100 |
Other: $600 | 900 | 1,572 |
This is a sizable boost to points and makes the card’s reward rate on standard purchases much more appealing.
If this card isn’t right for you, compare other products on the market that better fit your business’s financial needs. Select up to four cards and choose Compare to see their features side by side.
If your business spends a lot on travel and you’re a Bank of America banking customer, look into the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card. The generous base perks combined with the interesting additions of the Business Advantage Relationship Rewards program make for a card that offers good value for no annual fee.
But if you’re not sure whether this could be the right card for your business, compare other business travel credit cards until you find the right fit.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates credit cards to determine their value against similar cards on the market.
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.