Business Advantage Unlimited Cash Rewards: Unlimited 1.5% Cashback on Every Purchase
Earn unlimited 1.5% cashback on all purchases with no categories to track, plus no annual fee – ideal for straightforward business spending.
The Bottom Line
4.4
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fees, welcome offers, 0% intro APR, ongoing APR, perks, benefits, and protections.
Ratings are determined solely by our research and analysis and are never influenced
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This card is a simple no-annual-fee business card that earns unlimited 1.5% cashback on every purchase. It's best for everyday business spending, especially expenses outside bonus categories. Enrollment in the Preferred Rewards for Business program can significantly boost cashback earnings. However, businesses with heavy spending in specific categories may earn more with a category-focused card.
Business Advantage Unlimited Cash Rewards
Apply now
On Bank of America's Secure Website
Annual fee:
$0
Intro APR
Purchases: 0%, 7 billing cycles
Balance Transfers: N/A
Regular APR
16.74% - 26.74% Variable APR
Credit Score
740-850 (Excellent)
Rewards Earn unlimited 1.5% cashback on all purchases.
1.5% Cashback
Welcome Offer Earn a $500 bonus after spending $5,000 in the first 90 days.
$500
Welcome Offer
- Earn a $500 bonus after spending $5,000 in the first 90 days.
Rewards
- 1.5% Cashback on all purchases.
Redemption Options
- Flexible Redemption: Redeem cashback as a statement credit, direct deposit to an eligible Bank of America® account, or a mailed check.
Fees and APR
- Annual Fee: $0.
- 0% Intro APR on Purchases: For 7 months from account opening.
- Regular APR: After the introductory period, a variable APR of 16.74% - 26.74% applies to purchases and balance transfers.
- Paying late won’t raise your APR.
- Balance Transfer Fees: 5% of each transfer amount.
- Foreign Transaction Fee: 3% of each purchase transaction in U.S. dollars.
Bank Relationship Benefits
- Preferred Rewards for Business Eligibility: Enroll in Preferred Rewards for Business with an eligible Bank of America® business checking account and qualifying combined balances of at least $20,000 (Gold), $50,000 (Platinum), or $100,000 (Platinum Honors).
- Preferred Rewards For Business Members: If you’re enrolled in Bank of America Preferred Rewards for Business, you can earn up to 75% more cashback.
- Not Enrolled: No rewards bonus - 1.5% cashback on all purchases
- Gold Tier: 25% rewards bonus – 1.87% cashback on all purchases
- Platinum Tier: 50% rewards bonus – 2.25% cashback on all purchases
- Platinum Honors Tier: 75% rewards bonus – 2.62% cashback on all purchases
Travel Protections
- Auto Rental Coverage: Get reimbursement for theft and collision damage when you decline the rental company’s coverage and pay in full with your card.
- Travel Accident Insurance: Receive up to $100,000 in coverage for accidental death or dismemberment while traveling on a common carrier when you pay with your card.
Travel & Emergency Assistance
- Emergency Ticket Replacement: Assistance with replacing lost or stolen tickets, including help working with your carrier. Replacement costs are your responsibility.
- Lost Luggage Assistance: Assistance with tracking lost luggage, filing claims with your carrier, and arranging replacement items if needed (costs not covered).
- Medical Referral Assistance: Get help finding local doctors and hospitals, coordinating care, and staying in touch with family while traveling (costs not covered).
- Legal Referral Assistance: Help finding legal support and coordinating assistance abroad (costs not covered).
Convenience Features
- Digital wallet compatible: Apple Pay®, Google Pay™, Samsung Pay.
Business Tools & Controls
- Free Employee Cards: Add employee cards at no additional cost and easily track business spending across all cardholders.
- Cash Flow Management Tools: Automatic payments, fund transfers, and QuickBooks integration to simplify business accounting.
- Business Credit Score Access: View your Dun & Bradstreet business credit scores for free through Business Advantage 360 to monitor and manage your business credit.
Terms and Conditions
- Click Apply Now to see the terms and conditions.