Bank of America

Business Advantage Customized Cash Rewards

Lets you pick which category earns 3% each month — gas, office supplies, travel, and a few others — so the card can flex as your biggest expense changes. Existing Bank of America business customers can boost the rate further through Preferred Rewards for Business.

Cash backNo annual fee0% intro APR

Business Advantage Customized Cash Rewards at a glance

$0Annual fee
3% cash back in a category you…Rewards rate
Good/ExcellentCredit needed

Issued by Bank of America. Terms and rates subject to change — confirm before applying.

View on Bank of America's site

The facts

Annual fee
$0
Credit needed
Good/Excellent
Regular APR
Variable, ~18–26%
Intro APR
0% on purchases for 9 billing cycles
Foreign transaction fee
3%

Rewards

3% cash back in a category you choose (e.g. office supplies, gas), 1% elsewhere

Business Advantage Customized Cash Rewards's annual fee vs. the cheapest and priciest cards on the marketplace

Business Advantage Customized Cash Rewards vs. similar Cash back

CriterionBusiness Advantage Customized Cash RewardsInk Business Unlimited®Ink Business Cash®
Annual fee$0$0$0
Regular APRVariable, ~18–26%Variable, ~18–24%Variable, ~18–24%
Foreign transaction fee3%3%3%
Credit neededGood/ExcellentGood/ExcellentGood/Excellent

Same category, side by side — the right pick depends on which of these differences actually matches how your business spends.

Business Advantage Customized Cash Rewards charges a 3% foreign transaction fee. On recurring international vendor or contractor payments, that adds up faster than the rewards rate offsets it — if that's a regular expense for your business, weigh a card with no foreign transaction fee even if its rewards rate is lower.

Pros

  • +Category choice adapts monthly
  • +No annual fee
  • +Meaningful rate boost for Preferred Rewards members

Cons

  • 3% category caps at $50,000/yr in combined spend
  • 3% foreign transaction fee

Business Advantage Customized Cash Rewards has no annual fee, requires good/excellent credit, and offers 0% on purchases for 9 billing cycles as an intro APR. Compare these against your spending patterns — the fee only makes sense if the rewards exceed it.

Who this card is best for

Businesses with one dominant, changeable spend category

We don't have a partnership with Bank of America — the link above goes straight to their official page with no tracking or referral code. Rates and offers are set by the issuer and change over time; confirm current terms before applying.

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