Business Advantage Unlimited Cash Rewards
The flat-rate sibling to the Customized Cash card, for businesses that don't want to manage a monthly category choice. Same Preferred Rewards boost applies for existing Bank of America business banking customers.
Business Advantage Unlimited Cash Rewards at a glance
Issued by Bank of America. Terms and rates subject to change — confirm before applying.
The facts
- Annual fee
- $0
- Credit needed
- Good/Excellent
- Regular APR
- Variable, ~18–26%
- Foreign transaction fee
- 3%
Rewards
Unlimited 1.5% cash back on every purchase
Business Advantage Unlimited Cash Rewards's annual fee vs. the cheapest and priciest cards on the marketplace
Business Advantage Unlimited Cash Rewards vs. similar Cash back
| Criterion | Business Advantage Unlimited Cash Rewards | Ink Business Unlimited® | Ink Business Cash® |
|---|---|---|---|
| Annual fee | $0 | $0 | $0 |
| Regular APR | Variable, ~18–26% | Variable, ~18–24% | Variable, ~18–24% |
| Foreign transaction fee | 3% | 3% | 3% |
| Credit needed | Good/Excellent | Good/Excellent | Good/Excellent |
Same category, side by side — the right pick depends on which of these differences actually matches how your business spends.
Business Advantage Unlimited 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
- +No annual fee
- +No category management required
- +Preferred Rewards can push the effective rate meaningfully higher
Cons
- −1.5% flat is unremarkable without the Preferred Rewards boost
- −3% foreign transaction fee
Business Advantage Unlimited Cash Rewards has no annual fee, requires good/excellent credit, and carries a Variable, ~18–26% regular APR. Compare these against your spending patterns — the fee only makes sense if the rewards exceed it.
Who this card is best for
Businesses that would rather not pick a bonus category at all
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.