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Business Advantage Unlimited 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
1.5% cashback
Rewards
1.5% cashback
Signup Bonus
$300 after spending $3,000
Signup Bonus
$300 after spending $3,000


8.1/10
Informr score
The Business Advantage Unlimited Cash Rewards credit card currently has an Informr score of 8.1 out of 10. This score is based on our evaluation of 8 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Business Advantage Unlimited Cash Rewards credit card is typically available to those with good 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...


Bankrate
Bankrate

Bank 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...

- Garrett Yarbrough, Bankrate
CreditCards.com
CreditCards.com

You 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.

- Antonio Ruiz-Camacho, CreditCards.com
Forbes
Forbes

For 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...

- Chauncey Crail, Dia Adams, Forbes
The Ascent
The Ascent

A simple cash back rewards card for business owners who want to earn unlimited rewards without paying an annual fee.

- Natasha Gabrielle, The Ascent
Finder
Finder

If 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...

- Steven Dashiell, Finder

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
  • Cash Flow Management Tools
  • Travel and Emergency Services
  • Balance Connect™ for overdraft protection
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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