Bank of America® offers multiple business credit cards that earn travel rewards or cash back — including on purchases specific to businesses, like office supplies and gas.
Bank of America® business checking customers will get the most value out of the Bank of America® Business Advantage cards, as they can earn additional rewards with their credit cards if they qualify for the Preferred Rewards for Business program.
Bank of America® business credit cards generally require excellent personal credit scores (a FICO of 720+) to qualify. If your score is in the good range (690 to 719), you may want to consider other small-business credit cards .
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All of our selections for the best Bank of America business cards are chosen by our editorial team , which independently evaluates and rates cards based on fees, rewards rates and redemption options, among numerous other factors. Below, you’ll find our picks for the best Bank of America® business credit cards, as well as top alternatives to consider.
Note: Some of our selections can be applied for through , and some cannot. Below, you’ll find application links for the credit cards from our partners that are available through , followed by the full list of our picks.
's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.
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Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.
Earn 30, 000 online bonus points after you make at least $3, 000 in net purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
Get a $300 online statement credit after you make at least $3, 000 in net purchases in the first 90 days of your account opening.
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Earn 3% cash back in the category of your choice: gas 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.
Get a $300 online statement credit after you make at least $3, 000 in net purchases in the first 90 days of your account opening - with no annual fee and cash rewards don't expire.
Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent on eligible gas, shipping and local transit including rideshare purchases and 1 mile for every $1 spent on all other purchases.
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Get 50, 000 bonus miles, $100 statement credit and Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) after you make $3, 000 or more in purchases within the first 90 days of opening your account.
Rating 's ratings are determined by our editorial team. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or balance transfer) and the card's rates, fees, rewards and other features.
See your approval odds See your approval odds A credit score in or above the recommended range means you have a higher chance of approval, but doesn’t guarantee it. Use this link to create an account and connect your credit score with TransUnion to get an estimate of your approval odds based on your credit score and other factors. Read more.
How To Apply For A Bank Of America Credit Card?
This is the business version of the issuer's excellent no-annual-fee travel card. The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card pays solid rewards on every purchase and gives you wide flexibility in redeeming your points for any travel purchase, without the restrictions of branded airline and hotel cards. Learn more and apply .
If your spending doesn't align with typical bonus categories, consider the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card . This card offers 1.5% cash back on all purchases with no annual cap. Rewards can climb even higher for Bank of America® customers who qualify for the Preferred Rewards for Business tier — up to 2.62% — which is tough to beat among flat-rate cash-back business credit cards. Learn more and apply.
The Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card gives entrepreneurs a little control over their credit card rewards by letting them choose which category earns the highest cash-back rate. Options include gas stations, office supplies, travel, computer services and more. There are also bonus rewards on dining and no annual fee. Learn more and apply.
Pnc Travel Rewards Visa Business
The Alaska Airlines Visa® Business card is well-suited for business owners who fly frequently on Alaska Airlines. You’ll receive ongoing rewards for spending with the airline, plus no foreign transaction fees. The card’s sign-up bonus, annual Companion Fare, free checked bag perk and other airline-specific discounts are also great travel benefits and help offset the already low annual fee — $70 for the company and $25 per card . Learn more and apply.
This card is rare on two fronts. First, it's a secured credit card that caters to businesses. Second, it earns 1.5% cash back rewards. The Business Advantage Unlimited Cash Rewards Mastercard® Secured card requires a security deposit of at least $1, 000, and your available credit line will be equal to your deposit. Bank of America automatically reviews secured accounts and you can upgrade to an unsecured card if your credit history improves.
Bank of America® also offers the Platinum Plus® Mastercard® Business credit card , which has a competitive APR and a $0 annual fee. It does not earn any ongoing rewards, though, and has a shorter intro APR period than the bank’s other business cards.
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Like the other Bank of America® small-business credit cards, this card typically requires excellent credit. But if your credit is strong enough to qualify for this card, you’ll likely find alternatives that can offer more benefits for your business.
Bank of America® business credit cards are most beneficial if you use the bank for your checking account and qualify for Preferred Rewards for Business. That program offers bonus credit card rewards — plus additional perks like higher interest rates on business savings accounts and discounts on payment processing.
To qualify for Preferred Rewards for Business, you’ll need an average balance of $20, 000 over three months in a business checking account with the bank and/or a linked Merrill business investment account. Higher average balances can move you into additional rewards tiers.
Bank Card: Bank Of America Visa Business (bank Of America, United States Of Americacol:us Vi 0553
The highest tier, Platinum, offers a 75% bump in credit card rewards. For instance, if you qualified for that tier and had the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card, you’d get 5.25% cash back in your selected choice category instead of the standard 3%.
In addition to the perks associated with each individual card, here are the benefits you’ll receive with all Bank of America® small-business credit cards:
If you’re not a Bank of America® business banking customer or interested in becoming one, other credit card options may better fit your needs. The following competitor cards offer longer 0% introductory APR periods and more flexible rewards.
Business Debit Card
If you’re looking for a longer intro APR period than what the Bank of America® business credit cards offer, consider the Chase Ink Business Unlimited® Credit Card . This card offers a 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.24%-24.24% Variable APR.
This card is also a great option if you don’t qualify for Bank of America’s Preferred Rewards for Business tier, as it matches the unlimited 1.5% cash back of the Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card — but with a more lucrative sign-up bonus for bigger spenders.
With the Capital One Spark Miles for Business you earn an unlimited 2x miles per dollar on every purchase with no blackouts or seat restrictions on travel. Earn an unlimited 5x miles on hotels and rental cars booked through Capital One travel. You can redeem your miles for flights, hotels and vacation packages, as well as transfer miles to a variety of Capital One’s travel partners.
Boa Secured Business Card
This card also has a great sign-up bonus, includes a Global Entry or TSA Precheck credit and allows you to get free cards for your employees. Those cards also earn an unlimited 2x miles per dollar.
Although the Capital One Spark Miles for Business has an annual fee ($0 intro for the first year, then $95), its simple rewards structure and flexible redemption might be a better travel option for you than the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card — which earns 1.5x miles per dollar spent — or Alaska Airlines Visa® Business card, which is most valuable when rewards are spent with one airline.
's Credit Cards team selects the best credit cards for small business based on overall consumer value, as evidenced by star ratings, as well as their suitability for specific kinds of small-business operators. Factors in our evaluation include annual and other fees, rewards rates, the earning structure (for example, flat-rate rewards versus bonus categories), redemption options, bonus offers for new cardholders, introductory and ongoing APRs, and other noteworthy features such
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