Am I eligible?
To get this card, you must also:
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...
- Garrett Yarbrough, BankrateBank of America’s Business Advantage Unlimited Cash card may not be the most rewarding option to use as your primary business card — especially if most of your expenses are covered by popular business bonus categories — but its flat-rate cash back and minimal costs make it an excellent supporting ca...
- Antonio Ruiz-Camacho, CreditCards.comYou could get unmatched value out of this card as a Preferred Rewards member at the Platinum or Platinum Honors tier, but most cardholders will be better off with a card that offers a higher base rewards rate – even if that means paying an annual fee.
- Chauncey Crail, Dia Adams, ForbesFor small to medium businesses who already have accounts or do business with Bank of America, the Business Advantage Unlimited Cash Rewards card might make a lot of sense. For those who want to better leverage cash back against a specific category, its sister card, the Business Advantage Customized...
- Natasha Gabrielle, The AscentA simple cash back rewards card for business owners who want to earn unlimited rewards without paying an annual fee.
- Steven Dashiell, FinderIf you find the terms of earning the card’s 2.62% cash back acceptable, this card can generate your business some of the highest flat-rate returns on your purchases available on a business card. But if you don’t, or your business simply can’t meet these requirements, the Bank of America Business Adv...
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 3 months |
| Rewards | |
| All Purchases | 1.5% cash back |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for our highest Preferred Rewards for Business tier. That means up to 2.62% cash back on all 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 |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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