Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card Review

Last Updated on May 13, 2026

Offer Rating

4.5/5

With unlimited cash back on all purchases and no annual fee, the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card is an excellent choice for any business owner looking for a simple credit card to streamline their finances.

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Bank of America Business Advantage Unlimited Cash Rewards Mastercard credit card card art

Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card

4.5 BCC Score
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Welcome Offer
$500 online cash rewards bonus after you make at least $5,000 in purchases in the first 90 days of your account opening.
Rewards Rate
1.5% cash back on purchases
Intro APR
0% Intro APR for 7 billing cycles and N/A, then 16.74% - 26.74% Variable APR on purchases
Annual Fee
$0
Credit Score Needed
Excellent
Card Brand
Mastercard®
  • $500 Online Cash Rewards Bonus Offer: Get a $500 online cash rewards bonus after you make at least $5,000 in purchases in the first 90 days of your account opening.
  • Earn unlimited 1.5% cash back on purchases, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for our highest Preferred Rewards for Business tier.
  • No annual cap and cash rewards don’t expire as long as your account remains open.
  • No annual fee.
  • Choose how to redeem your cash rewards – as a deposit into your eligible Bank of America® checking or savings account, as a card statement credit or as a check mailed to you.
  • 0% Introductory APR on purchases for your first 7 billing cycles. After the intro APR offer ends, a Variable APR that's currently 16.74% to 26.74% 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.

Pros

  • Unlimited cash back with no restrictions or bonus categories to worry about
  • Earn a big sign up bonus for new cardholders
  • Pay no annual fee and enjoy a lengthy intro APR on purchases

Cons

  • No intro APR on balance transfers
  • There is a foreign transaction fee of 3% of the U.S. dollar amount of each transaction

OUR EXPERT REVIEW

Why We Like It

The Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card is a simple cash back credit card designed for business owners that want to earn rewards on everyday purchases. This card comes with an unlimited rewards rate of 1.5% cash back on purchases. With that generous earning rate, the cash back can pile up fast if you put all of your business expenses on this card.

Cardholders also earn a $500 online cash rewards bonus after you make at least $5,000 in purchases in the first 90 days of your account opening. On top of the big bonus, what really makes this card stand out is that you can join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62% cash back on all purchases if you have a Bank of America® business checking account and qualify for the highest Preferred Rewards for Business tier. That means you could earn up to an unlimited 2.62% cash back on all purchases!

This card even comes with a lengthy intro period of 0% Intro APR for 7 billing cycles on purchases – that can really come in handy if you want to finance a big purchase for your business and spread payments out over time. The ongoing APR is 16.74% - 26.74% Variable APR on purchases and balance transfers. (A balance transfer fee applies: 5% of the amount of each transaction.) To top it off, this is a $0 annual fee credit card.

Pros & Cons

Pros

  • Unlimited cash back with no restrictions or bonus categories to worry about
  • Earn a big sign up bonus for new cardholders
  • Pay no annual fee and enjoy a lengthy intro APR on purchases

Cons

  • No intro APR on balance transfers
  • There is a foreign transaction fee of 3% of the U.S. dollar amount of each transaction

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