Bank of America Business Travel Rewards World Mastercard®

Bank of America Business Travel Rewards World Mastercard® Review

Key Takeaways

• Business credit card with generous reward rate. You can 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 Travel Rewards World Mastercard® has a variable purchase APR that ranges from 15.24% up to 25.24%.
• 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 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

What are the relevant APRs?

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.
• Bank of America business Advantage Travel Rewards does not charge a returned payment fee.

Does it offer a cash back or rewards program?

Yes, Bank of America business Advantage Travel Rewards offers a rewards program to its customers. The rewards program allows you to earn 1.5% 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

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 Travel Rewards World Mastercard® report your account activity to credit bureaus?

Yes, Bank of America Business 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.