Who is this credit card designed for?

Cash Rewards for Business Mastercard is a credit card issued by Bank of America, which is based in Charlotte, NC, and was established in 1948.

It is also designed for people who want a cashback rewards program. This card allows you to earn cash on the purchases you make. A rewards program is included that allows you to convert your purchases into travel, gifts, and other perks.

What are the relevant APRs?

Bank of America charges a variable APR on new purchases that ranges from 11.49% to 21.49%. Balance transfer APRs, which are also variable, range from 11.49% to 21.49%.

Is an introductory APR offer available?

No, Cash Rewards for Business Mastercard does not come with an introductory APR offer.

What are the fees?

The following fees apply to Cash Rewards for Business Mastercard:

  • A late payment penalty of $49.
  • A returned payment fee of $39.
  • A foreign transaction fee of 3%. Transactions in a foreign currency get hit with a 3% commission. For example, if you buy a $1,000 flight in euros, you will pay a foreign transaction fee of $30.

Is a rewards program offered?

Cash Rewards for Business Mastercard offers a rewards program to its customers. The rewards program allows you to earn cash with every business purchase you make. This business card features rewards for purchases in the following categories:

  • Every Purchase
  • Gas
  • Office Supplies
  • Restaurants

Is a signup bonus offered?

No, Cash Rewards for Business Mastercard doesn't offer a cash signup bonus.

What additional benefits are offered?

Cash Rewards for Business Mastercard provides the following benefits:

  • Car rental insurance
  • Emergency support
  • Flight insurance
  • Fraud liability
  • Lost luggage insurance
  • Travel insurance
    • Minimum Age
    • Customer Type
    • Grace Period / Deferred Interest
    • Late Payment Penalty
    • Minimum Interest Charge
    • Returned Payment Fee
    • Foreign Currency Transaction Fee
    • No Annual Fee
    • Card Type
      • Cash Back
      • Rewards
    • 0% Introductory APR
    • Card Network
    • Car Rental Insurance
    • Emergency Support
    • Flight Insurance
    • Fraud Liability
    • Lost Luggage Insurance
    • Travel Insurance
    • Cashback
    • Rewards Categories
      • Every Purchase
      • Gas
      • Office Supplies
      • Restaurants
    • Purchases APR (variable)
      11.49% - 21.49%
    • Transfer Fee
      4% ($10 minimum)
    • Balance Transfer APR (variable)
      11.49% - 21.49%
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