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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. Or take a closer look at secured businses credit card options from Bank of America® or other providers.
All of our picks for the best business cards are chosen by our editorial team, who follow strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the business card for your company. We independently evaluate and rate dozens of small-business credit cards, scoring them on fees, rewards rates, bonus offers and other features. View our full methodology.
Note: Some of our selections can be applied for through NerdWallet, and some cannot. Below, you’ll find application links for the credit cards from our partners that are available through NerdWallet, followed by the full list of our picks.
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
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. Or take a closer look at secured businses credit card options from Bank of America® or other providers.
All of our picks for the best business cards are chosen by our editorial team, who follow strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the business card for your company. We independently evaluate and rate dozens of small-business credit cards, scoring them on fees, rewards rates, bonus offers and other features. View our full methodology.
Note: Some of our selections can be applied for through NerdWallet, and some cannot. Below, you’ll find application links for the credit cards from our partners that are available through NerdWallet, followed by the full list of our picks.
Here are the best Bank of America business credit cards
| Best for | NerdWallet rating▼ | Annual fee▼ | Rewards rate | Intro offer | Learn more |
|---|---|---|---|---|---|
Flexible travel rewards Bank of America® Business Advantage Travel Rewards World Mastercard® credit card Apply now on Bank of America's website | 3.6/5 | $0 | 1.5x Points | 30,000 Points | Apply now on Bank of America's website |
Flat-rate cash back Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card Apply now on Bank of America's website | 4.4/5 | $0 | 1.5% Cashback | $300 | Apply now on Bank of America's website |
Bonus categories like office supplies and gas Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card Apply now on Bank of America's website | 3.9/5 | $0 | 1%-3% Cashback | $300 | Apply now on Bank of America's website |
Airline miles Alaska Airlines Visa® Business card Apply now on Bank of America's website | 4.1/5 | $70 for the company and $25 per card | 1x-3x Miles | 50,000 Miles | Apply now on Bank of America's website |
| Best for | NerdWallet rating▼ | Annual fee▼ | Rewards rate | Intro offer | Learn more |
|---|---|---|---|---|---|
Flexible travel rewards Bank of America® Business Advantage Travel Rewards World Mastercard® credit card Apply now on Bank of America's website | 3.6/5 | $0 | 1.5x Points | 30,000 Points | Apply now on Bank of America's website |
Flat-rate cash back Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card Apply now on Bank of America's website | 4.4/5 | $0 | 1.5% Cashback | $300 | Apply now on Bank of America's website |
Bonus categories like office supplies and gas Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card Apply now on Bank of America's website | 3.9/5 | $0 | 1%-3% Cashback | $300 | Apply now on Bank of America's website |
Airline miles Alaska Airlines Visa® Business card Apply now on Bank of America's website | 4.1/5 | $70 for the company and $25 per card | 1x-3x Miles | 50,000 Miles | Apply now on Bank of America's website |
I'M INTERESTED IN:
Our pick for
Flexible travel rewards
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
Read Review
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1.5x Points
Intro offer
30,000 Points
Pros
- No annual fee
- New cardholder bonus offer
- No reward caps
- No foreign transaction fees
Cons
- Requires excellent credit
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1.5x Points
Intro offer
30,000 Points
Pros
- No annual fee
- New cardholder bonus offer
- No reward caps
- No foreign transaction fees
Cons
- Requires excellent credit
- Earn 30,000 online bonus points after you make 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 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 17.99% to 27.99% 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.
Our pick for
Flat-rate cash back
Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card
Read Review
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1.5% Cashback
Intro offer
$300
Pros
- No annual fee
- New cardholder bonus offer
- High cash back rate
Cons
- Has foreign transaction fee
- Requires excellent credit
Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1.5% Cashback
Intro offer
$300
Pros
- No annual fee
- New cardholder bonus offer
- High cash back rate
Cons
- Has foreign transaction fee
- Requires excellent credit
- Get a $300 online statement credit after you make at least $3,000 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 Preferred Rewards for Business Platinum Honors 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 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 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 17.99% to 27.99% 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.
Our pick for
Bonus categories like office supplies and gas
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
Read Review
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1%-3% Cashback
Intro offer
$300
Pros
- No annual fee
- High rewards rate
- New cardholder bonus offer
- Rotating bonus categories
Cons
- Requires excellent credit
- Complicated rewards
- Foreign transaction fee
- Spending caps on bonus rewards
- Best rewards limited to certain customers
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
Apply now
on Bank of America's website
Annual fee
$0
Rewards rate
1%-3% Cashback
Intro offer
$300
Pros
- No annual fee
- High rewards rate
- New cardholder bonus offer
- Rotating bonus categories
Cons
- Requires excellent credit
- Complicated rewards
- Foreign transaction fee
- Spending caps on bonus rewards
- Best rewards limited to certain customers
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations & EV charging 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.
- You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee
- Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 17.99% to 27.99% 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.
Our pick for
Airline miles
Alaska Airlines Visa® Business card
Read Review
Apply now
on Bank of America's website
Annual fee
$70 for the company and $25 per card
Rewards rate
1x-3x Miles
Intro offer
50,000 Miles
Pros
- Companion benefit
- Free checked bag
Cons
- Requires excellent credit
- Has annual fee
- Rewards have limited flexibility
Annual fee
$70 for the company and $25 per card
Rewards rate
1x-3x Miles
Intro offer
50,000 Miles
Pros
- Companion benefit
- Free checked bag
Cons
- Requires excellent credit
- Has annual fee
- Rewards have limited flexibility
- Get 50,000 bonus miles 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.
- Earn another Alaska’s Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after spending $6,000 or more on purchases within the prior anniversary year.
- Free checked bag for any cardholder and up to 6 guests on the same reservation, when you pay for your flight with your card – that’s a savings of $60 per person roundtrip!
- Priority Boarding for any cardholder when paying for the flight with an Alaska Airlines Business card.
- Earn 3 miles for every $1 spent on eligible Alaska Airlines purchases, 2 miles for every $1 spent on eligible gas, EV charging station, shipping and local transit (including rideshare) purchases and 1 mile for every $1 spent on all other purchases.
- Earn a 10% rewards bonus on all miles earned from card purchases if your company has an eligibile Bank of America® small business account.
- Enjoy 20% back on Alaska Airlines inflight purchases when you pay with your new card.
- Get $100 off an annual Alaska Lounge+ Membership purchased with your Alaska Airlines Business card.
- Plus, no international transaction fees and a low annual fee of $70 for the company and $25 per card.
- 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.
NerdWallet's editorial picks: Best Bank of America® business credit cards
Click the card name to read our review. Before applying, confirm details on the issuer’s website.
Our pick for: Flexible travel rewards
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.Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card
Our pick for: Flat-rate cash back
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 bank's Preferred Rewards for Business program — up to 2.62%, depending on the tier — which is tough to beat among flat-rate cash-back business credit cards. Learn more and apply.Our pick for: Bonus categories like office supplies and gas
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 (EV charging stations qualify as well), office supplies, travel, computer services and more. There are also bonus rewards on dining and no annual fee. Learn more and apply.Our pick for: Airline miles
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.Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® Secured credit card
Our pick for: Secured business card
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.
Other business credit cards issued by Bank of America
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.
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.
Should you get a Bank of America® business credit card?
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.
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%. These business credit cards are eligible for Preferred Rewards for Business bonus rewards:
- Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card.
- Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card.
- Bank of America® Business Advantage Travel Rewards World Mastercard® credit card.
- Bank of America® WorldPoints Rewards for Business.
These cards are not eligible:
- Bank of America® Platinum Plus® Mastercard® Business card.
- Alaska Airlines Visa® Business card.
- Personal credit cards.
Bank of America® business credit card benefits
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:
- Employee cards: Get cards for your employees and set individual spending limits.
- Cash management tools: Download transactions into QuickBooks, make automatic payments and take advantage of other online services to manage your finances.
- $0 liability guarantee: Zero liability for unauthorized transactions. Additional terms and conditions apply.
- Chip cards: Insert your card or tap to pay where you see the contactless symbol.
- Overdraft protection: Optional service to link your Bank of America® business checking account to prevent overdrafts, declined purchases or returned checks.
- Paperless statement option: Opt for online statements instead of paper statements.
- Online and mobile banking: Manage your account 24/7, no matter where you are.
- Travel and emergency services: Access to a minimum of $100,000 in travel accident insurance, auto rental insurance, emergency ticket replacement and lost-luggage assistance associated with your card.
Alternatives to Bank of America® 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.
Ink Business Unlimited® Credit Card
Best for: Intro APR and simple cash back
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 17.99%-23.99% 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.Capital One Spark Miles for Business
Best for: Flexible travel rewards
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.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. (See rates and fees.)Last updated on October 1, 2024
Methodology
NerdWallet'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 as special financing arrangements, free cards for employees or tools for managing business expenses. Learn more about how we rate business credit cards.
Frequently Asked Questions
You can check the status of your Bank of America® business credit card application online or by calling Bank of America directly at 866-422-8089.
Some small-business credit card applications can be processed within 24 hours, but generally, applications are completed within 10 to 12 business days. A Bank of America® representative will contact you by phone if they have questions about your application or you need to provide additional documentation.
Bank of America offers one secured business credit card: The Business Advantage Unlimited Cash Rewards Mastercard Secured card. This secured business card requires a minimum security deposit of $1,000 and earns cash back on all purchases.
You can use the Bank of America's business secured card to build your business credit history, but it won't impact your personal credit (positively or negatively). If you want a secured card to build your personal credit, Bank of America has three options: BankAmericard® Secured, Bank of America® Customized Cash Rewards Secured and Bank of America® Unlimited Cash Rewards Secured.
Bank of America does not report business credit card activity to the personal credit bureaus as long as your account is in good standing. This means you can’t use your Bank of America® business credit card to improve your personal credit, but you can damage your credit if you fail to make payments on time.
You’re ultimately responsible for any debt you accumulate on the card. A personal guarantee, the legal promise to repay your debt, is included within the terms and conditions of the Bank of America® business credit card application.
