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Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
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30,000 points
$0
0% Introductory APR on purchases for the first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 17.49% to 27.49% will apply.
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
The Bank of America Business Advantage Travel Rewards card is a great option for those who want to earn travel rewards on their business expenses and are Bank of America Preferred Rewards for Business members.
U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.
3
Summary
The Bank of America Business Advantage Travel Rewards card is a great way to earn travel rewards on all of your business expenses without paying an annual fee. The card is an even better option for Bank of America Preferred Rewards for Business members who can boost the rewards they earn by up to 75%.
Card Details
Card Snapshot
Welcome Bonus & Info
Earn 30,000 online bonus points after you made at least $3,000 in purchases in the first 90 days of your account opening, which can be redeemed for a $300 statement credit towards travel or dining purchases.
Earn unlimited 1.5 points for every $1 you spend on all purchases, everywhere, every time – no matter how much you spend.
If you’re a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back on every purchase with Preferred Rewards.
No annual fee.
No limit to the amount of cash back you can earn and cash rewards don’t expire.
0% Introductory APR on purchases for the first 9 billing cycles. After the intro APR offer ends, a Variable APR that’s currently 17.49% to 27.49% will apply.
Travel services your business needs including $1 million in travel accident insurance, lost luggage reimbursement, trip cancellation coverage, and trip delay reimbursement.
Pros & Cons
Pros
Earn unlimited 1.5x points on all purchases
Boost the rewards you earn by up to 75% with the Bank of America Preferred Rewards for Business program
$0 annual fee and no foreign transaction fees
0% intro APR offer
Lost luggage reimbursement
Trip cancellation coverage
Trip delay reimbursement
Cons
Doesn’t earn transferable rewards
Not very rewarding without status in the Bank of America Preferred Rewards for Business program
Great Card If
You want to earn travel rewards with no annual fee.
You are a Bank of America Preferred Rewards for Business member.
Don’t Get If
You want a card that earns transferable rewards.
You want a card that offers elite perks like airport lounge access.
Bank of America Business Advantage Travel Rewards Card — Is It Worth It?
For business owners looking to earn travel rewards without paying an annual fee, the Bank of America Business Advantage Travel Rewards card is a good option. If you are a member of the Bank of America Preferred Rewards for Business program, the card gets even better by allowing you to earn up to 75% more rewards.
Bank of America Business Advantage Travel Rewards Card Top Benefits
In our view, the best benefit of the Bank of America Business Advantage Travel Rewards card is the rewards boost you can receive from participating in the Preferred Rewards for Business program. Here is a look at how it works.
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Status Level
Assets Required
Rewards Bonus
Increased Earn Rate
Gold
$20,000 or more
25%
1.875 points per $1 spent
Platinum
$50,000 or more
50%
2.25 points per $1 spent
Platinum Honors and above
$100,000 or more
75%
2.625 points per $1 spent
The Bank of America Preferred Rewards for Business program offers rewards and benefits to those who hold a certain level of assets in their Bank of America deposit accounts or Merrill Edge and Merrill Lynch investment balances.
This means that by simply having $100,000 or more in combined assets in eligible Bank of America accounts, including retirement accounts, you can earn an uncapped 2.625 points per $1 spent on all of your business expenses. This represents a 31.25% increase in the number of rewards you earn compared to using a standard 2x points or 2% cash-back on all-purchases card.
Best Ways To Earn and Redeem Your Bank of America Points
Of course, the best way to earn more points with your card is to use it for as many of your business expenses as you can. Whether you’re earning 1.5 points per $1 spent or you’re a Preferred Rewards for Business Platinum Honors member earning 2.625 points per $1 spent, this is your best bet for racking up rewards with the card.
Once you’re ready to redeem, you can do so for any travel-related purchase available through the Bank of America travel portal at a set rate of 1 cent per point. This includes items like flights, hotels, rental cars, cruises, and even excursions.
Alternative Cards to the Bank of America Business Advantage Travel Rewards Card
The Capital One Spark Miles cardInformation collected independently. Not reviewed by Capital One. is a good option if you want a card that earns travel rewards and offers access to travel transfer partners.
It earns unlimited 2x miles on every purchase and 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Travel. It also offers perks like a $120 credit toward Global Entry or TSA PreCheck, no foreign transaction fees, and access to Capital One transfer partners.
Those looking for an uncomplicated business credit card should also consider the Amex Blue Business Plus card. It earns 2 Membership Rewards points per $1 spent on up to the first $50,000 transactions yearly. These points are some of our favorite rewards, thanks to the value you can receive from the Amex transfer partners.
The card also offers purchase protection and extended warranty protection and has a $0 annual fee (rates & fees).
For the purchase protection benefit of The Blue Business® Plus Credit Card from American Express, eligibility and benefit level varies by Card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
For the extended warranty benefit of The Blue Business® Plus Credit Card from American Express, eligibility and benefit level varies by Card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
The information regarding the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
Information regarding the Capital One Spark Miles for Business was independently collected by Upgraded Points and not provided nor reviewed by the issuer. For rates and fees of The Blue Business® Plus Credit Card from American Express, click here.
