Bank of America Business Advantage Unlimited Cash Rewards

Key Benefits

All Benefits

• Current public welcome offer: earn a $300 statement credit after making at least $3,000 in net purchases within the first 90 days of account opening (per the Bank of America Business Advantage Unlimited Cash Rewards Mastercard product page meta description and structured-data title at business.bankofamerica.com/en/credit-cards/business-advantage-unlimited-cash-rewards, HTTP 200 verified 2026-05-23). Note: Bank of America periodically runs an elevated $500 statement credit offer after $5,000 in purchases in the first 90 days through targeted channels and the consumer-site apply funnel; the standing public offer documented on the small-business page on the verification date is the $300 / $3,000 / 90-day version.
• Unlimited 1.5% cash back on every purchase with no caps and no rotating categories, plus any Preferred Rewards for Business tiered relationship bonus on top of the base 1.5% (per the Bank of America issuer product page).
• $0 annual fee — the card can be kept indefinitely with no carrying cost, which is unusual among business cards that pay a flat 1.5% with no spend cap (per the Bank of America issuer product page and NerdWallet, Bankrate, and Upgraded Points reviews).
• 0% introductory APR on purchases for the first 7 billing cycles from account opening, then the ongoing standard variable APR applies (per NerdWallet, Bankrate, and Upgraded Points reviews; the issuer page renders the rate with a dynamic template placeholder so the cycles count is sourced from the published reviews and the BoA Schumer Box terms).
• Standard variable APR per the issuer's JSON-LD CreditCard schema on the product page: 16.99% to 26.99% variable on purchases after the intro period expires and on balance transfers (verify the exact rate range at apply time as BoA updates the Schumer Box periodically).
• 3% foreign transaction fee on purchases made outside the United States or in a foreign currency, which more than wipes out the 1.5% base cash back on international charges (per Bankrate, NerdWallet, Upgraded Points, and the WalletHub foreign transaction fee Q&A). This card is NOT a good fit for international business travel — pair it with a no-FX-fee card for foreign purchases.
• Preferred Rewards for Business relationship bonus: 25% / 50% / 75% rewards bonus at the Gold / Platinum / Platinum Honors business banking tiers, based on a three-month combined daily balance in qualifying Bank of America business deposit accounts and/or Merrill business investment accounts (per the Bank of America Preferred Rewards for Business disclosure quoted on the apply page).
• Preferred Rewards for Business tier thresholds per the apply-page disclosure: $20,000 combined three-month average daily business balance for Gold, $50,000 for Platinum, and $100,000 for Platinum Honors. At Platinum Honors the 75% bonus lifts the effective rate on this card from 1.5% to 2.625% on every purchase with no caps — one of the highest no-AF flat rates available in the US small-business market.
• Effective cash-back rates by Preferred Rewards for Business tier on every purchase with no category caps: 1.5% base (no enrollment), 1.875% (Gold, 25% bonus), 2.25% (Platinum, 50% bonus), 2.625% (Platinum Honors, 75% bonus) (per the Bank of America apply page rewards calculator).
• Free employee cards at no additional cost, with the ability to set individual employee spending limits and track employee spend separately in Business Advantage 360 online banking (per the Bank of America issuer apply page heading 'Employee cards at no additional cost').
• Cash rewards have no minimum redemption threshold and never expire as long as the account remains open and in good standing — redeem for a statement credit, a deposit to a Bank of America business checking or savings account, or as a credit toward outstanding business credit card balances (per the Bank of America issuer apply page).
• Mastercard network branding (the consumer-side sibling card is dual-issued on Visa and Mastercard, but the Business Advantage Unlimited Cash Rewards is exclusively a Mastercard product per the issuer product title and the product page meta tags).
• $0 fraud liability protection — cardholders are not held responsible for unauthorized transactions reported promptly (per the Bank of America 'zero liability and purchase protection' disclosure on the apply page).
• Business Advantage 360 online banking and mobile-app integration: track employee spend, set individual employee card limits, download transaction data into QuickBooks-compatible files, and view consolidated business banking + credit card balances from one dashboard (per the Bank of America apply page and Business Advantage 360 product documentation).
• Mobile wallet support: Apple Pay, Google Pay, and Samsung Pay are all enabled for digital tap-to-pay on the Business Advantage Unlimited Cash Rewards Mastercard (per the Bank of America issuer site general business credit card capability documentation).
• Contactless EMV chip card on the Mastercard network — tap-to-pay accepted at any Mastercard contactless terminal worldwide.
• Business cards from Bank of America generally report only to commercial credit bureaus (Dun & Bradstreet, Experian Business) and do not impact the cardholder's personal FICO once the account is open, though Bank of America evaluates personal credit and total relationship exposure during underwriting (per BoA's small-business credit card underwriting practices documented across Doctor of Credit and OMAAT business card guidance).
• Eligible to apply as a sole proprietor with just an SSN — an EIN is accepted but not required; the card is broadly available to micro-businesses, LLCs, partnerships, and S-corps in the United States (per the Bank of America small-business credit card apply funnel).
• Best-in-class flat-rate cash back when paired with a Bank of America Platinum Honors business relationship: the effective 2.625% on every purchase with no cap and no annual fee outperforms popular flat-rate business cards including the Capital One Spark Cash Plus (2% with a $150 AF) and the Chase Ink Business Unlimited (1.5% flat, no Preferred Rewards multiplier available), making this the highest no-AF flat-rate business card in the US market for Platinum Honors clients (per NerdWallet, Bankrate, and Upgraded Points comparative reviews).
• Transfer partners: Not offered — this card earns cash back redeemable only against Bank of America accounts, as statement credit, or as cash deposit; there is no airline, hotel, or transferable-points pathway (per the Bank of America issuer apply page redemption section).
• Lounge access (Priority Pass, Mastercard Travel Pass, etc.): Not offered — the Business Advantage Unlimited Cash Rewards is a no-AF cash-back product without travel benefits. Lounge access from Bank of America requires the Business Advantage Travel Rewards World Mastercard with Priority Pass enrollment or a premium personal card (per the Bank of America apply page).
• Cell phone protection: Not offered on the Business Advantage Unlimited Cash Rewards — Bank of America extends cell phone protection to the Business Advantage Customized Cash Rewards Mastercard but has not advertised the benefit on the Unlimited Cash Rewards Business product. Cardholders who need cell phone insurance should look at the Customized Cash Rewards Business or a Chase Ink card (per NerdWallet and Bankrate reviews of the BoA business cash-back lineup).
• Trip cancellation / trip interruption insurance: Not offered as an advertised cardholder benefit on the Business Advantage Unlimited Cash Rewards Mastercard. Any residual coverage would come from the Mastercard Guide to Benefits at the tier on which the card is issued — verify via the current Guide before relying on it (per the Bank of America apply page benefits section).
• Auto rental collision damage waiver (CDW): Not offered as an advertised cardholder benefit by Bank of America on this product post the Mastercard April-2024 network rationalization of consumer-style benefits on small-business Standard Mastercard cards; check the current Mastercard Business Card Guide to Benefits for any residual coverage (per the Bank of America apply page benefits section).
• Global Entry / TSA PreCheck application fee credit: Not offered on the Business Advantage Unlimited Cash Rewards. The closest BoA option for a trusted-traveler credit is the personal-side Premium Rewards Card at $95 AF or the Premium Rewards Elite at $550 AF (per the Bank of America apply page).
• Broad annual airline incidental or travel credit: Not offered — unlike business cards in the $95+ AF range (Ink Preferred, Amex Business Gold), the Business Advantage Unlimited Cash Rewards Mastercard has no anniversary airline fee credit or general travel credit (per the Bank of America apply page benefits section).
• Purchase protection and extended warranty: Not advertised as a Bank of America cardholder benefit on this product beyond any residual Mastercard network baseline. The BoA apply page disclosure references that 'details for zero liability and purchase protection will be available when you receive your card' — verify the Mastercard Business Card Guide to Benefits to confirm what, if any, purchase protection applies (per the Bank of America apply page).
• No-FX-fee version: Not available on this card. Bank of America small-business customers who need no foreign transaction fee should consider the Business Advantage Travel Rewards World Mastercard (also $0 AF, earns 1.5X points on all purchases plus 3X at the BoA Travel Center, and waives the 3% FX fee) (per the BoA Business Advantage Travel Rewards product page).