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Over the Past 60 Days!
Late Payment Fees
Up to $49
Foreign Transaction Fee
Balance Transfer Fee
Either $10 or 4%, whichever is greater
Cash Advance Fee
Either $10 or 4% of the amount of each transaction, whichever is greater. Includes Convenience Checks.
Returned Payment Fee
Minimum Interest Charge
$0 Fraud Liability
Auto Rental Insurance
Extended Warranty Program
Flight Accident Insurance
Lost Luggage Reimbursement
Business owners looking for a great cash back rewards card should definitely consider the Bank of America® Business Advantage Cash Rewards Mastercard® credit card. This can be an extremely rewarding card because it has cash back bonus categories built in with the things that business owners frequently spend money on. And to kick off your cash back earning, new cardholders can receive a $200 statement credit after $500 in purchases within 60 days of account opening.
For ongoing rewards, you’ll earn 3% cash back on purchases at gas stations and office supply stores, 2% on purchases at restaurants, and 1% on all other purchases (Annual cap of $250,000 on combined gas station and office supply store purchases; then 1% earn rate after that). Even after the limit for bonus cash back, you continue to earn 1% cash back on every purchase, meaning that your rewards contnue to increase.
Another great feature of the Bank of America® Business Advantage Cash Rewards Mastercard® credit card is that there is no annual fee. The means you can rack up the cash back rewards on your business expenses without even paying a fee for cardmembership.
The Bank of America® Business Advantage Cash Rewards Mastercard® credit card is a great cash back rewards card for business owners. If your spending habits align with the bonus cash back categories, it can be very rewarding. The bonus rewards limit is high enough that it won’t affect most business owners and the $0 annual fee sweetens the deal even more.
The bonus cash back categories can allow cardholders to rack up big amounts of cash back on their business expenses. A great rewards rate with no annual fee makes this card a winner for any business owner.
There is a 3% fee for international transactions, so we don’t recommend using this card overseas.
Editorial Note: This content is not provided by Bank of America. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by Bank of America.