By longboxian
Earn 30,000 bonus points after spending $3,000 on purchases within the first 90 days of account opening.
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Redeem these points as a $300 statement credit towards travel or dining purchases.
The Business Advantage Travel Rewards World Mastercard® from Bank of America is a versatile and rewarding credit card designed to support small business owners who value travel benefits, simplicity, and no annual fees. With unlimited points, flexible redemption options, and valuable business tools, the Business Advantage Travel Rewards World Mastercard ensures that business expenses work harder for you.
Key Features
1. Welcome Offer:
- Earn 30,000 bonus points after spending $3,000 on purchases within the first 90 days of account opening.
- Redeem these points as a $300 statement credit towards travel or dining purchases.
2. Unlimited Points:
- 1.5 points per $1 spent on all purchases.
- No limit to the number of points you can earn, and points never expire as long as your account remains open.
3. Enhanced Rewards with Preferred Rewards for Business:
- Boost your rewards by up to 75% when you qualify for Bank of America’s Preferred Rewards for Business Platinum Honors tier.
- This means earning 2.62 points per $1 spent, making this card exceptionally lucrative for high-spending businesses.
No Annual Fee and No International Transaction Fees
- Enjoy the benefits of this card with no annual fee.
- Save even more with no international transaction fees, making it a perfect companion for global business travel.
Introductory APR Offer
- 0% Introductory APR on purchases for the first 9 billing cycles.
- After the intro period, a variable APR of 17.74% to 27.74% applies, based on creditworthiness.
Flexible Redemption Options
- Redeem points for:
- Travel and dining purchases as a statement credit.
- Flights, hotels, and car rentals through the Bank of America® Travel Center.
- Flexible options with no blackout dates.
Business-Centric Features
1. Cash Flow Management:
- Manage finances efficiently with tools like automatic payments, fund transfers, and QuickBooks integration.
2. Online & Mobile Access:
- Securely manage your account 24/7 using Online Banking or the Mobile Banking app.
- Easily monitor spending for you and your employees.
3. Access to Dun & Bradstreet Credit Scores:
- View your business credit score for free within Bank of America’s Business Advantage 360 platform, enabling you to monitor and improve your financial standing.
Travel and Emergency Benefits
- $1 million travel accident insurance: Provides coverage for unforeseen incidents.
- Lost luggage reimbursement: Protects against baggage issues during travel.
- Trip cancellation and delay reimbursement: Helps recover costs if plans are disrupted.
Security and Fraud Protection
1. Zero Liability Protection:
- Stay secure with protection against unauthorized transactions.
2. Fraud Monitoring:
- Abnormal spending patterns are flagged, ensuring your account stays secure.
3. Extended Warranty & Purchase Protection:
- Extend warranties on eligible purchases.
- Protect purchases from damage, theft, or loss within 90 days of purchase.
Balance Connect® for Overdraft Protection
- Link your Bank of America business checking account to your credit card for overdraft protection, ensuring seamless financial operations.
How It Compares
| Card Name | Annual Fee | Rewards | Best For |
|---|---|---|---|
| Business Advantage Travel Rewards World Mastercard® | $0 | 1.5 points per $1 (up to 2.62 points with Preferred Rewards) | Low-cost travel rewards |
| Chase Ink Business Preferred® | $95 | 3X points on travel, shipping, and select business categories | High-value rewards for travel spending |
| American Express Blue Business Plus® | $0 | 2X points on the first $50,000 annually | Simple, high-value points |
| Capital One Spark Miles for Business | $95 (waived first year) | 2X miles on all purchases | Unlimited travel rewards |
Pros and Cons
Pros:
- No annual fee or international transaction fees.
- Straightforward 1.5 points per $1 reward structure.
- Boost rewards significantly with Preferred Rewards for Business.
- Valuable travel benefits, including trip and luggage insurance.
Cons:
- Rewards structure lacks specialized bonus categories.
- Points redemption is largely geared toward travel and dining, limiting options for other redemptions.
Who Should Get This Card?
The Business Advantage Travel Rewards World Mastercard® is perfect for small business owners who:
- Prioritize travel rewards and flexibility.
- Want a no-annual-fee card with low costs for everyday spending.
- Need travel protections and prefer earning rewards on every purchase without worrying about categories.
Final Verdict
The Business Advantage Travel Rewards World Mastercard® combines simplicity, value, and business-centric tools to help small business owners maximize every dollar spent. With the potential for boosted rewards through Preferred Rewards, this card is an excellent option for businesses that value travel benefits without the burden of fees.
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