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  Bank of America Business Advantage Travel Rewards World Mastercard

Bank of America Business Advantage Travel Rewards World Mastercard

in Business Credit Cards from Bank of America

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Bank of America Business Advantage Travel Rewards World Mastercard

Unaffiliated

in Business Credit Cards from Bank of America

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Highlights
Purchase APR  (Variable APR) 12.24% - 22.24%
Balance Transfer APR  (Variable APR) 12.24% - 22.24%
Credit Score Range 650 - 850
Annual Fee $0

Bank of America Business Advantage Travel Rewards World Mastercard Review

Key Takeaways
  • Business credit card with generous reward rate. You will get a rewards rate of up to 3 reward points per dollar spent.
  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 9 months.
  • Signup bonus. Offers a signup bonus of 30000 points after spending $3,000 that can be redeemed for travel, gifts, or other perks.
  • Competitive APRs. Bank of America Business Advantage Travel Rewards World Mastercard has a variable purchase APR that ranges from 12.24% up to 22.24%.
  • No annual fee*. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your purchases, but you don't have to pay an annual fee for the privilege.
  • 4% Balance transfer fee. Bank of America Business Advantage Travel Rewards World Mastercard charges a fee of 4% on balance transfers. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $10.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, travel accident insurance, travel assistance, and fraud protection.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of Bank of America business Advantage Travel Rewards
The Good The Bad
  • Lower than average purchase APRs.
  • 0% APR on new purchases during the first 9 months.
  • No annual fee.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty on purchases.
  • Free access to your credit score.
  • Travel accident and travel assistance insurance.
  • No foreign transaction fee.
  • Cardholders can earn rewards on purchases everywhere Bank of America Business Advantage Travel Rewards World Mastercard is accepted.
  • Bank of America Business Advantage Travel Rewards World Mastercard reports to multiple credit bureaus.
  • Charges a 4% balance transfer fee.
Bank of America business Advantage Travel Rewards FAQ

Who is Bank of America business Advantage Travel Rewards designed for?

What are the relevant APRs?

Bank of America business Advantage Travel Rewards is a charge card and therefore doesn't have interest charges. You must pay your balance in full every month.

What fees does it charge?

The following fees apply to this business credit card:

  • There is no annual fee.
  • A late payment penalty of up to $49.
  • A returned payment fee of up to $39.

Does it charge a foreign transaction fee?

This business credit card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Bank of America business Advantage Travel Rewards Fees
Fees Amount
Annual Fee $0
Foreign Transaction Fee 0%
Balance Transfer Fee 4%
Minimum Balance Transfer Fee $10
Returned Payment Fee $39
Late Payment Fee $19 to $49

Does it offer a cash back rewards program?

This business credit card offers a rewards program to its customers. The rewards program allows you to earn cash with every purchase you make. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

  • Airfare
  • Car Rentals
  • Every Purchase
  • Hotels

Does it have a sign up bonus?

This business credit card doesn't offer a cash signup bonus.

However, it does include a 30000 points signup bonus after you spend $3000 that can be redeemed for travel, gifts, or other perks.

Does it offer an annual loyalty bonus?

This business card doesn't offer a cash loyalty bonus.

Can I get it with just an employer identification number (EIN)?

You can apply for this business credit card with your EIN number, but expect the credit card issuer to also require your Social Security number. This is because, as with most business cards, it requires you to personally guarantee the line of credit.

What are the benefits?

This business credit card provides the following benefits:

  • Free Credit Score
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Travel Accident Insurance
  • No blackout dates when redeeming miles
  • Travel Assistance
  • Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (800) 932-2775.

What is the support contact email?

The support contact email for this business credit card is customerservicealert@bankofamerica.com.

Does Bank of America Business Advantage Travel Rewards World Mastercard report your account activity to credit bureaus?

Yes, Bank of America Business Advantage Travel Rewards World Mastercard reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply?

  • Visit the Bank of America .
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Bank of America Business Advantage Travel Rewards World Mastercard

Get the card that goes the extra mile for your business. Earn 30,000 bonus points when you make at least $3,000 in net purchases with 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining-related purchases. You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases and 5.25 points per $1 spent at the Bank of America Travel Center. Learn more about Preferred Rewards for Business tiers and rewards. Manage your business with a suite of online services including automatic payments, transfers and downloading transactions into QuickBooks. Manage your account online 24/7 with secure Online and Mobile Banking. Check your balance and keep tabs on account activity for you and your employees easily anytime, anywhere.

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Feature Breakdown

Introductory Rate 0%
Purchase Intro APR Period (Variable APR) 9 months
Annual Fee $0
Foreign Currency Transaction Fee 0%
No Annual Fee
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee (%) 4%
Cash Advance Fee Minimum $10
Late Fee Amount $19 - $49
Minimum Cash Advance Fee ($) $10
Minimum Interest Charge $1
Returned Payment Fee $39
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Emergency Support
  • Fraud Liability
  • Free Credit Score
  • Travel Accident Insurance
  • Travel Assistance
Bonus Rewards Earn 30,000 bonus points when you make at least $3,000 in net purchases with 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining-related purchases.
No Blackout Dates
No Reward Expiration Period
Rewards Categories
  • Travel
  • Airfare
  • Car Rentals
  • Hotels
  • Every Purchase
Signup Bonus Up to $300
Signup Bonus (points) 30,000
Cash Advance APR (Variable APR) 24.24%
Penalty APR (Variable APR) 0%
Purchase APR (Variable APR) 12.24% - 22.24%
Balance Transfer Fee % 4%
Balance Transfer Fee % After Intro Period Starting at 4
Balance Transfer Fee Minimum $10
Balance Transfer APR (Variable APR) 12.24% - 22.24%
Card Network Mastercard
Card Type
  • Rewards
  • Cashback
  • Travel
  • Gas
  • Bonus Offers
  • Charge Card

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