Bank of America Launches New Business Advantage Unlimited Cash Rewards Card

This post may contain affiliate links; please read our advertiser disclosure for more information.

BofA Business Advantage Unlimited Cash Rewards Card

BofA Business Advantage Unlimited Cash Rewards Card

Bank of America has launched a new small business credit card. The Business Advantage Unlimited Cash Rewards card earns unlimited 1.5% cash back on all purchases. The cash back rate can go as high as 2.62% with a Preferred Rewards relationship. The card has no annual fee and cash rewards are easy to redeem.

But the most worthy feature of this new card is the signup bonus. There’s a $300 offer online, but Bank of America bankers can get you a better offer for $500. Let’s see how the bonus works, and some more details on this new card.

The Offer

This is the online offer for $300:

  • Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening.
  • 0% Introductory APR on purchases for 9 billing cycles from account opening.
  • Application page

But there’s a better $500 bonus available through Bank of America small business bankers:

  • Get a $500 statement credit when you make at least $5,000 in net purchases within 90 days of your account opening.
  • 0% Introductory APR on purchases for 9 billing cycles from account opening.

Rapid Travel Chai first posted this offer, and can also put you in touch with a banker if you don’t have an existing relationship.

Business Advantage Unlimited Cash Rewards Card Details

  • Earn unlimited 1.5% cash back on all purchases.
  • You can earn up to 75% more cash back with the highest Preferred Rewards for Business tier. That’s up to 2.62% cash back on all purchases.
  • No annual cap and cash rewards don’t expire.
  • No annual fee

You have a few easy options to redeem your cash back. You can deposit the accumulated cash back into your Bank of America checking or savings account, apply it to your account as a statement credit, or have a check mailed to you.

Conclusion

This is not a very exciting product for most people. But the Bank of America Business Advantage Unlimited Cash Rewards card gets better if you’re a Preferred Rewards Platinum Honors members. Then you would earn 2.62% cash back on all purchases.

The card is worth getting for the signup bonus though. The $300 offer is not great, but if you can get in touch with a banker and get the $500 bonus, then it’s worth going for it.

DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

More Like This

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

7,703FansLike
15,951FollowersFollow
24,000SubscribersSubscribe

RebatesMe - $40 Bonus!

Super easy bonus! Sign-up and they'll pay you $40 after your earn $10 cashback. That's it!
Grab Your RebatesMe Bonus!

Webull - 2 Free Stocks!

Brokerage app Webull is offering 2 Free Stocks! Just open an account and fund with $100 to get your stocks valued up to $1600! Super easy!
Grab your 2 free stocks now!
BoardingArea

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!