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Business Advantage Unlimited Cash Rewards credit card review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
12.49% ‐ 22.49% (Variable) (0% for the first 9 months)
Interest Rate: Purchases
12.49% ‐ 22.49% (Variable) (0% for the first 9 months)
Balance Transfer
12.49% ‐ 22.49% (Variable)
Balance Transfer
12.49% ‐ 22.49% (Variable)
1.5% cashback
1.5% cashback
Signup Bonus
$300 after spending $3,000
Signup Bonus
$300 after spending $3,000

Informr score
The Business Advantage Unlimited Cash Rewards credit card currently has an Informr score of 7.4 out of 10. This score is based on our evaluation of 6 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...


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
Fit Small Business
Fit Small Business

The Bank of America® Business Advantage Unlimited Cash Rewards card is a no-annual-fee credit card that offers unlimited 1.5% cash back on all purchases. This is an excellent cash back credit card for business owners who have existing accounts with Bank of America.

- Benilyn Formoso - Suralta, Fit Small Business

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 Points Guy
The Points Guy

Certain businesses may prefer to earn cash back rather than points and miles for a more straightforward approach to earning rewards. That way, business owners can spend their rewards exactly how they want — whether to reduce their current expenses or to grow and innovate over time. The Bank of Ameri...

- Stella Shon, The Points Guy
US Credit Card Guide
US Credit Card Guide

Its sign-up bonus is decent for a no fee card. If you can reach the highest level of BoA Preferred Rewards (business version), then the spending rewards is 2.625% on everything which is very good.

- US Credit Card Guide


Interest Rates
Regular APR Interest Rate 12.49% ‐ 22.49% (Variable) (0% for the first 9 months)

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

Balance Transfer Interest Rate 12.49% ‐ 22.49% (Variable)

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

Cash Advance Interest Rate 24.49% (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


Sign up bonus $300 after spending $3,000

On purchases within the first 3 months

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