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Last Updated: 04/18/2025

Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card

from Bank of America

Last Updated: 04/18/2025

Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card logo
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Highlights

Purchase APR (Variable APR)

18.49% - 28.49%(Verified 06/21/2024)

Balance Transfer APR (Variable APR)

18.49% - 28.49%(Verified 06/21/2024)

Annual Fee

$0
Disclaimer popup with additional information

Credit Score Range

N/A


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Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card Review

This is a cashback card issued by Bank of America. If you're wondering whether Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card is the right card for you, read on.

Key Takeaways

  • 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for 9 months.
  • Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
  • APR: This is not a great card for people who carry a balance. It has a variable regular purchase APR that ranges from 18.49% up to 28.49%.
  • 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.
    $0.00
  • Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of up to 3.00% every time you make a transaction outside the U.S.
  • Multiple business credit card benefits. Includes generous credit card perks, such as emergency support, identity theft protection, travel assistance, and fraud protection.

Pros & Cons of Bank of America Business Advantage Unlimited Cash Rewards Mastercard® Credit Card

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 18.49% up to 28.49% . The card has a variable balance transfer APR that ranges from 18.49% up to 28.49% .
It also has a variable cash advance APR of 29.49%.
The good news is this business card does not charge a penalty APR if you are late on a payment.

Does it have an introductory APR offer?

No, this business card does not come with an introductory APR offer for balance transfers.
This business card does offer an introductory APR rate on new purchases of 0% for a period of 9 months.

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 $49.00 .

Does it charge a foreign transaction fee?

This business card charges a foreign transaction fee of 3.00%. For example, if you spend $2,000 on a week vacation abroad you would pay a foreign transaction fee of $60. If you travel abroad you may want to leave this business card at home and apply for one that doesn't charge a foreign transaction fee.

Does it offer a cash back or rewards program?

Yes, Bank of America Business Advantage Unlimited Cash Rewards Mastercard® 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:
  • Every Purchase

Does it have a sign up bonus?

Yes. Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening..

Does it offer an annual loyalty bonus?

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

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.

Contact

Headquarters

100 North Tryon Street
Charlotte, NC 28255
(800) 932-2775
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SuperMoney Net Recommendation Score

This product has no reviews yet. Help others by sharing your thoughts.

0

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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