Bank of America® Business Advantage Cash Rewards Mastercard® credit card Bank of America<sup>®</sup> Business Advantage Cash Rewards Mastercard<sup>®</sup> credit card
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Bank of America® Business Advantage Cash Rewards Mastercard® credit card Review

Apply for a Bank of America® Business Advantage Cash Rewards Mastercard® credit card
Rating:
Bottom Line:
$200 statement credit offer; Good cash back card if you spend more on gas, restaurants and at office supply stores

Full Review:
The Bank of America® Business Advantage Cash Rewards Mastercard® credit card combines solid cash back rewards with a 0% introductory APR on purchases for 9 billing cycles. Card users will earn 3% cash back on purchases at gas stations and office supply stores, 2% on purchases at restaurants, and 1% on all other purchases (on up to $250,000 in combined gas station and office supply store purchases annually, 1% after that). Cardholders will also receive a pretty spectacular $200 statement credit after spending $500 on the card in the first 60 days - equal to a 40% statement credit for the first $500 you spend!. Earned rewards can be redeemed for cash back in $25 increments, or they can be redeemed directly into a qualifying Bank of America® savings or checking account.

Highlights from Bank of America
  • Get a $200 statement credit when you make at least $500 in net purchases within 60 days of your account opening – with no annual fee, no cap on the amount of cash rewards you can earn and they don't expire.
  • 3% cash back on purchases at gas stations and office supply stores (up to $250,000 each calendar year, 1% after that), 2% on purchases at restaurants, and 1% on all other purchases.
  • 0% Introductory APR on purchases for your first 9 billing cycles.
  • Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account.

Rewards
  • Earn 3% cash back per $1 spent on purchases at gas stations and office supply stores (on up to $250,000 in combined gas station and office supply store purchases annually, then a 1% earn rate after that).
  • Earn 2% cash back per $1 spent on purchases at restaurants.
  • Earn an unlimited 1% cash back per $1 spent on all other purchases
  • Get a $200 statement credit after $500 in card purchases within 60 days of account opening.

Redeem Rewards
  • Redeem cash rewards for cash back, or apply them to a Bank of America® savings or checking account.

Fees and APR
  • Annual Fee: $0.00
  • Purchase APR: 0% for 9 billing cycles, then 12.24% - 22.24% Variable APR on purchases, depending on credit history.
  • Balance Transfer APR: 12.24% - 22.24% Variable APR on balance transfers, depending on credit history.
  • Balance Transfer Fee: Either $10 or 4% of the amount of each transaction, whichever is greater.
  • Terms and Conditions


Apply for a Bank of America® Business Advantage Cash Rewards Mastercard® credit card

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Card Details

Features:$200 statement credit after spending $500 in first 60 days; Earn 3% per $1 spent at gas stations and office supply stores (up to $250,000 annually, 1% after that), 2% per $1 spent on purchases at restaurants, and 1% per $1 spent on all other purchases
Purchase APR:0% for 9 billing cycles, then 12.24% - 22.24% Variable APR on purchases
Balance Transfer APR:12.24% - 22.24% Variable APR on balance transfers
Annual Fee:$0.00
Credit Needed:Excellent

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