Skip to content
CreditCardSignups.com
Find a card

We're paid when you apply via some links. Details

Bank of America Business Advantage Unlimited Cash Rewards Mastercard card art
Bank of America · business advantage

Bank of America Business Advantage Unlimited Cash Rewards Mastercard

4.0 / 5
Cash back · Business card

Flat 1.5% back with no annual fee, rising to as much as 2.62% for Preferred Rewards for Business members. The 3% international transaction fee makes it a poor fit for businesses that buy abroad.

Apply Now

At a glance

Welcome bonus
$500 cash
Spend $5,000 in 3 months
Annual fee
$0
Purchase APR
16.74% to 26.74%
Intro: 0% for 7 months
FX fee
3%
Editorial

Our take

Flat 1.5% back with no annual fee, rising to as much as 2.62% for Preferred Rewards for Business members. The 3% international transaction fee makes it a poor fit for businesses that buy abroad.

Verdict

Pros & cons

Pros

  • $500 bonus after $5,000 in purchases in 90 days
  • No annual fee and unlimited 1.5% cash back
  • Up to 2.62% cash back at the Platinum Honors relationship tier
  • 0% intro APR on purchases for the first 7 billing cycles

Cons

  • 3% international transaction fee
  • The 2.62% rate requires Platinum Honors, the top Preferred Rewards for Business tier
  • No intro APR on balance transfers and a 5% balance transfer fee
Earnings

Earn rates

CategoryRateNotes
All other purchases1.5%No cap on total cash rewards. Preferred Rewards for Business members earn 25%, 50% or 75% more.
Benefits

Key benefits

Unlimited 1.5% cash back

Every purchase earns 1.5% back with no annual cap, and rewards do not expire while the account is open.

Preferred Rewards for Business bonus

Members earn 25% to 75% more cash back, reaching 2.62% per dollar at the Platinum Honors tier.

Employee cards at no extra cost

Issue cards to employees at no additional cost and monitor all transactions in one place.

Flexible redemption

Redeem as a deposit to an eligible Bank of America checking or savings account, a statement credit, or a mailed check.

0% intro APR on purchases

0% introductory APR on purchases for the first 7 billing cycles after account opening.

Fit

Who this is best for

  • Bank of America business banking customers
  • Businesses that want one flat cash back rate
  • Companies issuing cards to several employees
FAQ

Frequently asked questions

What is the BofA Business Advantage Unlimited welcome bonus?
Get a $500 cash rewards bonus after you make at least $5,000 in purchases within 90 days of your account opening.
Does the BofA Business Advantage Unlimited charge an annual fee?
No. The BofA Business Advantage Unlimited has a $0 annual fee.
Does the BofA Business Advantage Unlimited have a foreign transaction fee?
Yes. The BofA Business Advantage Unlimited charges a 3% foreign transaction fee on purchases made outside the US.
Does the BofA Business Advantage Unlimited offer a 0% intro APR?
Yes. The card offers an intro APR of 0% for 7 months on purchases. The ongoing purchase APR is 16.74% to 26.74% variable.
Who is the BofA Business Advantage Unlimited best for?
Bank of America business banking customers. Businesses that want one flat cash back rate. Companies issuing cards to several employees.
Similar

Related cards

Apply

Bank of America Business Advantage Unlimited Cash Rewards Mastercard

Spend $5,000 in 3 months
Apply Now

Rates accurate as of September 4, 2026. Issuer terms.