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Blue Business Cash Card from American Express vs Bank of America Premium Rewards

Both are well-respected travel cards. The Blue Business Cash Card from American Express comes from American Express at $0/yr; the Bank of America Premium Rewards from Bank of America at $95/yr. Below: side-by-side specs, an opinionated verdict, and the FAQs people actually ask before applying.

Bottom line

These cards are close on the fundamentals (similar bonus value, similar fee). The right pick depends on which category you spend the most in and which transfer partners best fit your travel goals.

FeatureBlue Business Cash Card from American ExpressBank of America Premium Rewards
Annual fee$0$95
Sign-up bonus$250 statement creditNot advertised
Bonus value (est.)$250-
Min spend to unlock bonus$3,000 in 3 mo-
IssuerAmerican ExpressBank of America
Card categorybusinesstravel
Best earning category (All_purchases_first_50k_per_year)2x1x
Transfer partnersNoneNone
Headline benefits
  • 2% cash back up to $50K/yr
  • $0 annual fee
  • 0% intro APR 12 months
  • Auto-credited to statement
  • 2x travel + dining
  • $100 airline credit
  • Preferred Rewards boost
  • No foreign tx fees
Read the full review
Blue Business Cash Card from American Express
$0/yr · $250 statement credit
Read the full review
Bank of America Premium Rewards
$95/yr ·

Editorial take: Blue Business Cash Card from American Express

The cash-back twin of the Blue Business Plus. Same 2% catch-all up to $50K/year, but you get automatic statement credit instead of Membership Rewards points. Simpler for businesses that don't want to manage a points balance; less ceiling than the Plus for transfer-partner redemptions.

Editorial take: Bank of America Premium Rewards

Only a standout if you're a BoA Preferred Rewards member, that boost can push earnings to 2.625x on everything, 3.5x on travel and dining. Without it, Venture and Sapphire both beat it.

Common questions

Which card has the bigger sign-up bonus, Blue Business Cash Card from American Express or Bank of America Premium Rewards?
The Blue Business Cash Card from American Express has a public bonus ($250 statement credit, worth roughly $250), while the Bank of America Premium Rewards doesn't advertise one right now.
Is the Blue Business Cash Card from American Express's $0 annual fee worth it compared to the Bank of America Premium Rewards?
The Blue Business Cash Card from American Express has no annual fee, so the question is whether the Bank of America Premium Rewards's $95 fee is justified by its perks. If you'll use enough of the Bank of America Premium Rewards's benefits to clear $95 in value annually, it's worth it; otherwise stick with the Blue Business Cash Card from American Express.
Can I have both the Blue Business Cash Card from American Express and Bank of America Premium Rewards?
Yes, since they're from different issuers (American Express and Bank of America) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.
Should I get the Blue Business Cash Card from American Express or the Bank of America Premium Rewards first?
Get the one whose sign-up bonus you can hit comfortably without overspending. Blue Business Cash Card from American Express: $3,000 spend in 3 months. Bank of America Premium Rewards: no published min spend. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.

Card details on this page reflect the most recent data we've verified against the issuer's own site. Sign-up bonuses and fees can change at any time, confirm the current offer on the issuer's page before applying.