
in Business Credit Cards from Bank of America
UnaffiliatedBank of America Business Advantage Mastercard
in Business Credit Cards from Bank of America
Not enough votes for recommendation
Explore a similar product
Try this top product in Business Credit Cards.
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 Mastercard Review
- 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 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 eligible purchases, but you don't have to pay an annual fee for the privilege.
- 4% Balance transfer fee. Bank of America Business Advantage 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.
The Good | The Bad |
---|---|
|
|
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.
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 support contact email?
The support contact email for this business credit card is customerservicealert@bankofamerica.com.
Does Bank of America Business Advantage Mastercard report your account activity to credit bureaus?
Yes, Bank of America Business Advantage 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.
Message From Bank of America Business Advantage Mastercard
Contact
- Headquarters
-
100 North Tryon Street
Charlotte, NC 28255 - Visit Site
- Email Support
Other Services by Bank of America
Feature Breakdown
Introductory Rate | 0% |
Purchase Intro APR Period (Variable APR) | 9 months |
Be the first to rate
Would you recommend Bank of America Business Advantage Mastercard to your friends?
Bank of America Business Credit Cards
- 717 Credit Union Business Visa Platinum Credit Card
- Advia Business Visa® Platinum Credit Card
- AmeriCU Credit Union VISA® Business Credit Card
- American Express® National Bank Credit Card®
- Arvest Bank Elite Business VISA Credit Card
- Bankers' Bank of Kansas Business Bank Visa Credit Card
- Central Bank Small Business Mastercard®
- Centris FCU Visa® Business Cash Credit Card
- Centris Federal Credit Union Visa® Business Card
- MIT Federal Credit Union Visa Business Real Rewards Card
- Meritrust Credit Union Business Rewards
- PNC BusinessOptions Visa Signature Credit Card