Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening. Earn 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases. You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter. 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 Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases. No annual fee. Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open. To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same. 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply. Contactless Cards - The security of a chip card, with the convenience of a tap. This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Nav's Verdict
Cost
HighLow
Effort to Apply
DifficultEasy
Card Perks
PoorGood
Features
PoorGood
7/10
Bottom Line
You're in charge of selecting how you earn 3% cash back — choose the category you spend the most and get rewarded with this no annual fee card.
Pros
0% Intro APR offer. No annual fee. Generous rewards structure.
Cons
Rewards cap on dining
Rates and Fees
Intro APR
0% for 9 billing cycles on purchases
Purchase APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Welcome Offer
$300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
Rewards Rate
2% cash back on dining purchases (for the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter), 1% cash back on all other purchases, and 3% cash back in the category of your choice (for the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter).
Foreign Transaction Fee
3% of the U.S. dollar amount of each transaction
Reviews
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