Overview

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.

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?

Cash Rewards for Business Mastercard has a variable purchase APR that ranges from 12.74% up to 22.74%.

The card has a variable balance transfer APR that ranges from 12.74% up to 22.74%.

It also has a variable cash advance APR starting at 25.74%.

Is an introductory APR offer available?

Yes, Cash Rewards for Business Mastercard offers an introductory APR rate of 0%.

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?

Yes, Cash Rewards for Business Mastercard offers card users a signup bonus worth up to $200 after spending $500.

Is an annual loyalty bonus offered?

Cash Rewards for Business Mastercard doesn't offer a cash loyalty bonus.

What additional benefits are offered?

Cash Rewards for Business Mastercard provides the following benefits:

• Car rental insurance
• Emergency support
• Fraud liability
• Travel insurance