Business Advantage Travel Rewards credit card review | finder.com

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Business Advantage Travel Rewards World Mastercard® credit card review

Last updated:  

Small companies that spend big on business travel expenses could save with this travel rewards card.

  • Get this card if you travel often and want to earn points you can redeem for travel-related purchases.
  • Pick something else if you want to earn cash back rewards on your business purchases or you want a low intro balance transfer APR card.
  • Apply with an excellent credit score of 740 or higher.

25,000

Points as welcome offer

Up to 3x

Points

$0

Annual fee

0%

Intro Purchase APR

for the first 9 billing cycles (then 13.49% to 23.49% variable)

Details

Product NameBusiness Advantage Travel Rewards World Mastercard® credit card
Card typeMastercard
Annual fee$0
Purchase APR0% intro for the first 9 billing cycles (then 13.49% to 23.49% variable)
Balance transfer APR13.49% to 23.49% variable
Balance transfer fee$10 or 4% of the transaction, whichever is greater
Cash advance rate26.49% variable
Cash advance fee$10 or 4% of the cash advance amount, whichever is greater
Foreign transaction feeNone
Interest free periodUp to 25 days
Late payment feeUp to $49
Returned payment fee$39
Additional cardholder fee$0

The basics

If your business requires frequent travel that often lands you in hotels and rented cars, you might want to consider Bank of America’s Business Advantage Travel Rewards World Mastercard® credit card. For every dollar you spend on airfare, hotels and car rental bookings through Bank of America’s Travel Center, you’ll earn 3 points. And you’ll earn 1.5x points on all other purchases.

On top of that, if you’re enrolled in Business Advantage Relationship Rewards, you’ll get an additional 25% to 75% reward bonus on every purchase you make. This means you could earn up to 2.62 points on all of your purchases, rather than the card’s typical 1.5x points.

There’s no limit on how many points you can earn, and points don’t expire. Redeem your points for statement credit to pay for flights, hotels, car rentals, vacation packages, cruises or baggage fees, or use them for cash back and gift cards.

If your business is international, you can rest easy: The Business Advantage Travel Rewards World Mastercard® credit card doesn’t come with international transaction fees either.

Another business travel rewards card

The Business Platinum® Card from American Express

  • Welcome Offer: Earn up to 100,000 Membership Rewards® points.
  • Earn 50,000 Membership Rewards® points after you spend $10,000 and an extra 50,000 points after you spend an additional $15,000 all on qualifying purchases within your first 3 months of card membership.
  • Get 5x Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
  • 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year.
  • Enroll to get up to $200 in statement credits annually by getting up to $100 semi-annually for U.S. purchases with Dell. Terms apply.
  • Get one year of Platinum Global Access from WeWork. With this membership, you can access 300+ premium, inspiring workspaces in 75+ cities. To get this exclusive offer, enroll between 2/15/2019 and 12/31/2019.
  • Terms apply
Read less
Read more
See Rates & Fees
Promoted

What is the Business Advantage Relationship Rewards program?

This business program designed to boost your business through a variety of 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 there-month combined average of $20,000 or more.

Through the Business Advantage Relationship Rewards program, you get priority client service along with:

  • No fees on select everyday banking services.
  • A 25% to 75% reward bonus on your base earnings for eligible business cards.
  • An interest rate discount of up to 0.75% on a business advantage credit line, term loan or secured lending.
  • An interest rate discount of up to 0.50% on business advantage auto loans and commercial real estate loans.

The perks

  • Travel rewards.

    The Business Advantage Travel Rewards World Mastercard® credit card from Bank of America rewards you with 1.5x points on everyday purchases and 3x points for bookings through the Bank of America Travel Center. You can redeem your points for a statement credit toward flights, cruises, vacation packages, hotels, car rentals or baggage fees, or redeem them for cash back and gift cards. This is especially useful for companies that spend heavily on travel. Comparable credit cards, including the Capital One® Spark® Miles Select for Business, reward you 1.5 points per $1.

  • No international transaction fees.

    The Business Advantage Travel Rewards World Mastercard® credit card comes in handy for travel abroad — and not just for its travel rewards. No foreign transaction fee stacks up well against other credit cards that typically charge 3% on every transaction outside the US.

  • No annual fees.

    The Business Advantage Travel Rewards World Mastercard® credit card comes with a $0 annual fee, which is a great way to minimize your card fees right out of the gate.

  • Low intro APR.

    For the first 9 billing cycles after your account is account opening, you get a 0% introductory APR, which reverts to 13.49% to 23.49% variable APR after that. This is a good feature for businesses looking to make a large purchase early on.

You’ll also like

  • Signup bonus.

    Earn 25,000 points after spending $1,000 in the first 60 days, redeemable a $250 statement credit you can apply to travel purchases. The comparable Capital One® Spark® Cash Select for Business rewards you with a smaller bonus, despite its higher purchase requirement to qualify. You’ll earn 20,000 points — equal to $200 in travel purchases — after you spend $3,000 in the first 90 days your account is open.

  • 0% penalty APR.

    If you miss a payment, you won’t have to worry about a penalty APR. Other cards typically require a penalty APRs as high as 30%.

  • Travel services.

    The Business Advantage Travel Rewards World Mastercard® credit card has you covered for a cool $1 million in travel accident insurance, lost luggage and trip delay reimbursements, as well as a trip cancellation coverage.

  • Zero liability protection.

    You’ll get zero liability protection for unauthorized transactions. You’re also protected from misuse by terminated employees and protection against loss, theft, damage or fire. Knowing that the money you don’t want to spend is safe can keep you at ease.

What to watch out for

  • Late payment fees.

    The Business Advantage Travel Rewards World Mastercard® credit card comes with penalty fees of up to $49 for late payments.

  • No introductory balance transfer APR.

    There’s no intro balance transfer APR for this card, which means you start off with a APR on balance transfers right away.

Compare Bank of America business cards

Compare business credit cards

Updated September 19th, 2019
Name Product Rewards Purchase APR Annual fee
2% cash back on all purchases on up to $50,000 per calendar year, then 1%
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
Earn 2% cash back on all purchases on up to $50,000 per calendar year, then 1%. Rates & fees
2% cash back on all purchases
19.24% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn $500 after spending $4,500 in the first 3 months.
1.5% cash back on all purchases
0% intro for the first 9 months (then 15.24%, 19.24% or 23.24% variable)
$0
Unlimited 1.5% cash back on every purchase, every day.
2x points on everyday business purchases on up to $50,000 annually, then 1x points
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
Earn 2x Membership Rewards® points on everyday business purchases on up to $50,000 with no category restrictions. Rates & fees
2x miles on all purchases
19.24% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn unlimited 2x miles on every purchase for your business, with no blackouts or seat restrictions, and no minimum to redeem.
1.5x miles on all purchases
0% intro for the first 9 months (then 15.24%, 19.24% or 23.24% variable)
$0
Unlimited 1.5x miles on every purchase, every day.
4x points on two categories on up to $150,000 combined annually, then 1x points after that and on all other purchases
16.24% to 24.24% variable
$295
Up to $500 back in the form of statement credits by purchasing qualifying services with FedEx using your American Express® Business Gold Card within the first 3 months, offer ends November 6, 2019. Rates & fees
5x points on flights and prepaid hotels through Amex Travel, 1.5x points if you spend $5,000 on a single eligible purchase on up to 1 million additional points per year and 1x points on all other purchases
N/A
$595
Earn 50,000 points after spending $10,000 and an extra 50,000 points after spending an additional $15,000 on purchases in the first 3 months from account opening. Rates & fees
3x points on the first $150,000 on travel and select business categories annually, then 1x after and on all other purchases
17.99% to 22.99% variable
$95
100,000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®
1.5% cash back on all purchases
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening.
5% at office supply stores, on Internet, cable and phone up to $25,000 combined annually (then 1%), 2% on gas and dining up to $25,000 combined annually then 1% after that and on all other purchases
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
$500 bonus cash back after you spend $3,000 in the first 3 months.
N/A
0% intro for the first 12 billing cycles (then 12.24% to 20.24% variable)
$0
Enjoy a 0% intro APR on purchases and balance transfers for the first 12 billing cycles, reverting to a variable 12.24% to 20.24% APR. Rates & Fees
1% cash back on all purchases
25.24% variable
$0
Get the credit you want for your business and unlimited 1% cash back on every purchase, every day.
3% cash back on gas, cell phone services, and office supply stores and 1% back on all other purchases
0% intro for the first 15 billing cycles (then 14.24% to 25.24% variable)
$0
Earn $500 cash back after you spend $4,500 on purchases in the first 150 days from account opening.
3x points in a chosen category and 1x points on all other purchases
0% intro for the first 9 billing cycles (then 14.24% to 25.24% variable)
$0
Earn 20,000 bonus points when you spend $1,000 in net purchases within the first 90 days after opening your account.
2x points in the category you spend the most each month - gas stations, office supply stores or airlines, plus on cellular providers and 1x on all other purchases
14.24% to 25.24% variable
$0 intro annual fee for the first year ($55 thereafter)
Earn 25,000 bonus FlexPoints worth $375 on airfare, hotel stays, car rentals and more when you spend $2,000 in purchases within the first 4 months of account opening.
2x points in the two categories you spend the most in each month and 1x points on all other purchases
18.74% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn up to 100,000 bonus points in the first 365 days of account opening with an additional point on all eligible net purchases.
1.5% discount when you pay early
N/A
$0 intro annual fee for the first year ($250 thereafter)
Get a 1.5% discount when you pay early, with no cap on what you can earn back. Rates & fees
3x points at U.S. restaurants and direct hotel and airfare purchases on up to $50,000 (then 1x), 2x points on purchases through Amex Travel and 1x points on all other purchases
N/A
$95
Earn 3x points at U.S. restaurants and direct hotel and airfare purchases on up to $50,000 (then 1x), 2x points on purchases through Amex Travel and 1x points on all other purchases. Rates & fees
12x points at Hilton, 6x points on select business and travel and 3x points on all other purchases
17.74% to 26.74% variable
$95
Earn 125,000 Hilton Honors Bonus Points after you spend $3,000 in eligible purchases on the card within the first 3 months of card membership. Rates & fees
2x points on Southwest Airlines and 1x points on all other purchases
17.99% to 24.99% variable
$99
Earn 60,000 points after spending $3,000 in the first 3 months and 6,000 points after your card anniversary.
3x points on Southwest Airlines, 2x points on social media and search engine advertising, Internet, cable, and phone services and 1x points on all other purchases
17.99% to 24.99% variable
$199
Earn 80,000 points when you spend $5,000 on purchases in the first 3 months.
2x miles on Delta purchases and 1x miles on all other purchases
17.74% to 26.74% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn 30,000 miles after spending $1,000 in the first 3 months plus $50 after making a direct Delta purchase in the same timeframe. Rates & fees
6x points at Marriott Bonvoy, 4x points at US restaurants, US gas stations and on US wireless telephone and shipping services, 2x points on all other purchases
17.74% to 26.74% variable
$125
Earn 75,000 bonus points after you use your new card to make $3,000 in purchases within the first 3 months of card membership. Rates & fees
2x miles on direct Delta purchases and 1x miles on all other purchases
17.74% to 26.74% variable
$450
Earn 40,000 bonus miles and 10,000 Medallion Qualification Miles (MQMs) after you spend $3,000 in purchases on your new card in your first 3 months. Rates & fees
2x miles on direct Delta purchases and 1x miles on all other purchases
17.74% to 26.74% variable
$195
Earn 35,000 miles and 5,000 MQMs after spending $1,000 in the first 3 months plus $100 after making a direct Delta purchase in the same timeframe. Rates & fees
7x points on rideshares, 4x on Brex Travel, 3x at restaurants, 2x on software subscriptions and 1x points on all other purchases
N/A
$0
The first corporate card for startups. No personal liability or security deposit needed, meaning your personal credit score won't be affected.
N/A
N/A
$0
60-day interest-free financing for e-commerce businesses.
2x miles at restaurants, gas stations and office supply stores, 2x miles on United and 1x miles on all other purchases
17.99% to 24.99% variable
$95
Earn 50,000 miles after spending $5,000 in the first 3 months. Earn another 50,000 miles after spending $25,000 total in the first 6 months.

Compare up to 4 providers

What size business is the Business Advantage Travel Rewards World Mastercard® credit card good for?

For a small business that has heavy travel expenses, the Business Advantage Travel Rewards World Mastercard® credit card may be a good choice. You can earn $7,200 per year in statement credit toward travel purchases if you spend $20,000 monthly through the Bank of America Travel Center.

What should I know before I apply?

To apply for the Business Advantage Travel Rewards World Mastercard® credit card, you’ll need to submit information about yourself, your company and any employee you want to designate as a card holder.

Personal and financial details include:

  • Your business name and address.
  • Your federal tax ID number or employment identification number.
  • The year and country in which your business was legally formed.
  • The type of company your business is.
  • The countries you conduct your business operations in.
  • Your business’s industry and gross annual sales.
  • Your personal information, including your household income, source of income and housing status.

How to apply for the Business Advantage Travel Rewards World Mastercard® credit card?

  1. Go to the Bank of America website.
  2. Select the Business Advantage Travel Rewards World Mastercard® credit card and click Apply now.
  3. Complete the application form with requested information about you and your business.
  4. Review your application and submit it.

How long will it take to be approved?

Generally, it takes 10 to 12 business days for the bank to process your application. If Bank of America requires other documents or has questions regarding your application, a representative will call you.

If approved, you’ll receive your credit card within 7 to 10 business days after application approval.

I got the card. Now what?

  • Manage your spending. Bank of America offers online tools that allow you to manage your account 24/7. Set up autopay and transfers, or track your employees’ spending in the MyReport Center.
  • Avoid paying interest. Your get a grace period on interest for25 days from your statement closing date. Pay your balance by the due date to avoid unnecessary interest.
  • Avoid penalty fees. Avoid fees as high as $49 by paying on time.
  • Customer service. Call Bank of America at 800-732-9194, email through its secure online form or connect on Twitter or Facebook @BankofAmerica.

Bottom line

If your business spends a lot on travel, look into the Business Advantage Travel Rewards World Mastercard® credit card, which comes with no annual fee and the ability to earn 3 points through the Bank of America Travel Center and 1.5x points on everything else — with no cap or expiration.

You can redeem points for statement credit toward flights, car rentals, hotels, cruises, vacation packages or baggage fees. And no international transaction fees sweetens the deal if you travel abroad.

Take advantage of the Business Advantage Travel Rewards World Mastercard® credit card‘s 0% introductory APR on purchases for the first 9 billing cycles, reverting to 13.49% to 23.49% variable APR thereafter.

Before you take off with this card, compare your credit card options. You may find another travel-centric card that better fits your needs.

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site