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Business Advantage Customized Cash Rewards credit card review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
18.49% ‐ 28.49% (Variable) (0% for the first 9 months)
Interest Rate: Purchases
18.49% ‐ 28.49% (Variable) (0% for the first 9 months)
Balance Transfer
18.49% ‐ 28.49% (Variable)
Balance Transfer
18.49% ‐ 28.49% (Variable)
1 - 2% cashback
1 - 2% cashback
Signup Bonus
$300 after spending $3,000
Signup Bonus
$300 after spending $3,000

Informr score
The Business Advantage Customized Cash Rewards credit card currently has an Informr score of 7.9 out of 10. This score is based on our evaluation of 24 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Business Advantage Customized Cash Rewards credit card is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

The Points Guy
The Points Guy

While the welcome offer isn't stellar, and you aren't getting any luxury perks with this card, the Bank of America Business Advantage Customized Cash Rewards card allows you to easily earn thousands of dollars in rewards each year without having to pay an annual fee. There are certainly more lucrati...

- Madison Blancaflor, Ryan Wilcox, The Points Guy

A solid, relatively no-frills business card that offers a layer of customization to how cardholders earn their cash back. A potentially useful pick for smaller businesses that primarily spend in one of the card’s eligible bonus categories.

- Steve Dashiell, Bankrate

If you are a small business owner looking for a simple cash-back credit card that earns good rewards in a variety of categories, and like the flexibility to change your bonus category month-to-month, the Business Advantage Customized Cash Rewards card is a good choice that offers generous rewards an...

- Aaron Hurd, Forbes
Money Crashers
Money Crashers

The Bank of America Business Advantage Customized Cash Rewards Credit Card has a list of features that’s almost as long as its name. But the key feature is 3% cash back on a category of your choice, which can become as much as 5.25% when you’re a top tier member of their Preferred Rewards program. T...

- Jason Steele, Money Crashers

We like that the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card gives you the option to choose in which categories you earn the most cash back. But if you don’t want to have to remember to change your categories each quarter or deal with spending caps, then anoth...

- Ben Walker, FinanceBuzz


Interest Rates
Regular APR Interest Rate 18.49% ‐ 28.49% (Variable) (0% for the first 9 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 18.49% ‐ 28.49% (Variable)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 29.49% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 4%

Cash Advance Fee 4%

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $49.00


Sign up bonus $300 after spending $3,000

On purchases within the first 90 days.

All Purchases 1% cash back
Restaurants 2% cash back
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • Choose one for  your 3% category
    • Gas stations and EV charging stations
    • Office supply stores
    • Travel
    • TV/telecom & wireless
    • Computer services
    • Business consulting services

  • You'll get 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter
  • Get a 75% rewards bonus on every purchase when you're a Business Advantage Relationship Reward Platinum Honors tier client. That means you will earn 5.25% on your selected choice category, 3.5% on dining and unlimited 1.75% cash back on all other purchases.
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits
  • Cash Flow Management Tools
  • Lost Luggage Reimbursement
  • Trip Cancellation Coverage
  • Trip Delay Reimbursement
  • Overdraft Protection
  • Emergency ticket replacement
  • Lost–luggage assistance
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
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