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Business Advantage Customized Cash Rewards credit card review

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Advertiser Disclosure

Annual Fee
$0.00
Interest Rate: Purchases
16.49% ‐ 26.49% (Variable) (0% for the first 9 months)
Interest Rate: Purchases
16.49% ‐ 26.49% (Variable) (0% for the first 9 months)
Balance Transfer
16.49% ‐ 26.49% (Variable)
Balance Transfer
16.49% ‐ 26.49% (Variable)
Rewards
1 - 2% cashback
Rewards
1 - 2% cashback
Signup Bonus
$300 after spending $3,000
Signup Bonus
$300 after spending $3,000


7.9/10
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 20 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...


MoneyGeek
MoneyGeek

Business owners who frequently spend money on dining and other business-related services, such as gas, office supply stores, domestic travel and computer services, will find value in the Bank of America Business Advantage Customized Cash Rewards credit card benefits. The 0% introductory APR combined...

- Brett Holzhauer, MoneyGeek
Bankrate
Bankrate

The best thing about the Bank of America Business Advantage Customized Cash Rewards Mastercard is that it gives cardholders the power to choose where they earn the most. If you’ve streamlined your business spending enough and you know where the bulk of your budget goes, this card allows you to make...

- Ashley Parks, Bankrate
Fit Small Business
Fit Small Business

Bank of America® Business Advantage Customized Cash Rewards is an excellent cash back credit card for business owners with existing Bank of America accounts and those wanting to maximize bonus rewards and needing flexible redemption options.

- Tricia Tetreault, Fit Small Business
NerdWallet
NerdWallet

Worth a look for those who spend a lot in one or more of the 3% cash-back category options, as well as those who already do business with Bank of America®. But because the bonus rewards are capped, it's not a good fit for big spenders.

- Kimberly Palmer, NerdWallet
CreditCards.com
CreditCards.com

This is a good pick for business cardholders who are often on the road, offering a generous cash back rate in a category of your choice, as well as on dining purchases.

- Kelly Dilworth, CreditCards.com

Details


Interest Rates
Regular APR Interest Rate 16.49% ‐ 26.49% (Variable) (0% for the first 9 months)

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

Balance Transfer Interest Rate 16.49% ‐ 26.49% (Variable)

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

Cash Advance Interest Rate 28.49% (Variable)

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

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

Minimum of $10

Cash Advance Fee 4%

Minimum of $10

Foreign Transaction Fee 3%

Of each transaction in U.S. dollars.

Over Limit Fee $0.00
Late Payment Fee $49.00

Maximum

Promotions
Sign up bonus $300 after spending $3,000

On purchases within the first 90 days.

Rewards
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
    • 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
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
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Additional comments -
Terms & Conditions Official Terms & Conditions
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