Bank of America · Mastercard · Business
Bank of America Business Advantage Customized Cash Rewards
A no-annual-fee business card earning Preferred Rewards for Business: 3× on Monthly Categories, 1× on everything else.
- Annual fee
- $0No annual fee
- Signup bonus
- $500Cash bonus
- Top rate
- 3×Monthly Categories
- Point value
- 1¢ In travel · 1¢ as cash (our estimate)*
Year one and year two
Is it worth it for you?
Tick the credits you’d really use and enter what you spend. The ledger adds up the bonus, your points and the credits, less the fee.
| Line | Year one | Year two |
|---|---|---|
| Signup bonus cash | $500 | – |
| Points on your spend Enter your spending | $0 | $0 |
| Credits you’d use No statement credits listed | $0 | $0 |
| Annual fee No annual fee | $0 | $0 |
| NetYear one includes the bonus · at your inputs · our estimates* | $500 | $0 |
Bonus terms: Get a $500 cash rewards bonus after you make at least $5,000 in purchases within 90 days of your account opening.
Earning structure
3 categories, 3 rates
| Icon | Category | Points per $1 | Worth per $100 (our estimate)* |
|---|---|---|---|
Monthly Categories Cap $50,000 / 12 mo, sharedNotesEarn 3% cash back on your choice on ONE of the categories below, with the option to change your category each calendar month for future purchases or make no change and the category stays the same. Before you change your choice category for the first time, it will be set to gas stations & EV charging stations. You'll earn 3% cash back on up to $50,000 in combined purchases in those categories (including the 2% Dining category) each calendar year, then 1% thereafter. - Gas stations - EV charging stations, - Office supply stores, - Travel, - TV/telecom & wireless, - Computer services - Business consulting services | 3× | $3.00 | |
Dining Cap $50,000 / 12 mo, sharedNotesYou'll earn cash back on the first $50,000 in combined 2% dining and your 3% monthly category choice purchases each calendar year, 1% thereafter. | 2× | $2.00 | |
| All Other | 1× | $1.00 |
The rest of the card
Details, rules and benefits
Card details
- Annual fee
- None
- Card type
- Business
- Network
- Mastercard
- Bank
- Bank of America
- Point system
- Preferred Rewards for Business
- Travel value (our estimate)*
- 1¢ per point
- Cash value (our estimate)*
- 1¢ per point
- Foreign transaction fee
- Yes
- Transfer partners
- No
- Travel portal redemption
- No
- Cash to travel
- No
Benefits3 · 0 high value
- Car Rental Insurance SECONDARY Auto Rental Insurance
- Earn Perks & Status Preferred Rewards for Business Bonuses
- Travel Protections Travel and Emergency Services
Benefit details, terms, and availability may vary. Please refer to the card’s terms and conditions for complete information.
Alternatives
Head to head with similar cards
 Bank of America Business Advantage Customized Cash Rewards |  Bank of America Business Advantage Travel Rewards |  Alaska Airlines Atmos Rewards Business |  Amazon Business | |
|---|---|---|---|---|
| Annual fee | $0 | $0Same | $95+$95 | $0Same |
| Signup bonus | $500 | 50,000 pts | 60,000 pts | None |
| Top rate | 3×Monthly Categories | 3×3 categories | 3×Airfare (Portal) | 3×6 categories |
| Travel value * | –Preferred Rewards for Business | –Preferred Rewards for Business | 1.55¢Atmos Rewards | –Cash back |
| Why it’s here | This card | Same issuer and the same Preferred Rewards for Business points; business card | An annual fee within $100; business card | Also no annual fee; business card |
Bank of America Business Advantage Travel Rewards
$0 fee (same) · 3× top50,000 pts bonusSame issuer and the same Preferred Rewards for Business points; business card
Alaska Airlines Atmos Rewards Business
$95 fee (+$95) · 3× top60,000 pts bonusAn annual fee within $100; business card
Amazon Business
$0 fee (same) · 3× topNone bonusAlso no annual fee; business card
* Point valuations are RICH with POINTS™ editorial estimates, averaged from published valuations by The Points Guy, Upgraded Points, and Frequent Miler. They are not issuer figures and do not represent guaranteed redemption value.
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