Earn $500 Cash Bonus And 1.5% Cash Back With The Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card

Signup bonus:

The Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card is offering a signup bonus of $500 cash back for spending $5,000 in 90 days.

Annual fee: 

None.

Bank of America Preferred Rewards: 

If you have combined balances in Bank of America deposit accounts or Merrill investment accounts for a 3-month average of $20K you earn Gold, $50K earns Platinum, and $100K earns Platinum Honors with the Preferred Rewards For Business program.

Among a plethora of banking benefits and perks, Gold earns 25% bonus credit card rewards, Platinum earns 50% bonus credit card rewards, Platinum Honors earns 75% bonus credit card rewards.

If you open a new account and bring those funds to Bank of America, you can request to be upgraded immediately, or it should be applied to your account automatically within several days.

Best of all, once you qualify for a tier, you will keep that tier for a full year, and after the year there is a 3 month grace period to meet the 3-month average balance once again.

You can move over stocks, 529 accounts, retirement accounts, mutual funds, bonds, IRAs, 401Ks, ETFs, money market funds, etc. from other banks to meet those tiers.

Card earnings: 

Earn 1.5% cash back everywhere, or up to 2.625% cash back with the Bank of America Preferred Rewards For Business program.

• If you have Gold tier or Preferred Plus status you’ll earn 1.87% cash back everywhere
• If you have Platinum tier or Preferred Honors status you’ll earn 2.25% cash back everywhere
• If you have Platinum Honors or Premier tier status you’ll earn 2.625% cash back everywhere.

0% Intro APR: 

0% introductory APR on purchases for the first 7 billing cycles. After the intro APR offer ends, a Variable APR that’s currently 16.74% – 26.74% will apply.

Other card benefits: