Business Advantage Unlimited Cash Rewards
No fee
Bank of America
Business Advantage Unlimited Cash Rewards
4.2
(987 reviews)businesscashback
Reviewed by CardCompare Editorial Board
|CFP-reviewed|Updated April 2026A no-frills business cashback card with a 1.5% flat rate that can climb to 2.625% for Preferred Rewards Platinum Honors members. The $300 sign-up bonus is generous for a no-fee card. Good for businesses that want simple, enhanced cashback.
Annual Fee
No annual fee
Purchase APR
18.49% – 28.49%
Rewards
1.5% base rate
Sign-Up Bonus
$300 value
Credit Score
Good (670-749)
Foreign Txn Fee
3%
Who Should Get This Card
The Business Advantage Unlimited Cash Rewards is best suited for established credit users who bank of america business customers who want simple cashback. With no annual fee, there's zero cost to keep it in your wallet long-term.
This card is great if you…
- No annual fee
- Up to 2.625% with Preferred Rewards
- Good sign-up bonus
- Bank of America business customers who want simple cashback
Consider another card if you…
- 3% FTF
- Base 1.5% is average
- Short intro APR period
Fees & APR
| Annual Fee | No annual fee |
| Purchase APR | 18.49% – 28.49% |
| Intro APR (Purchases) | 0% for 9 months |
| Balance Transfer Fee | 3% |
| Foreign Transaction Fee | 3% |
| Late Fee | Up to $40 |
Pros & Cons
No annual fee
Up to 2.625% with Preferred Rewards
Good sign-up bonus
Simple flat rate
3% FTF
Base 1.5% is average
Short intro APR period
The Bottom Line
The Good: The Business Advantage Unlimited Cash Rewards stands out for its no annual fee. The welcome bonus worth $300 adds significant first-year value.
The Not So Good: 3% FTF.
Our Verdict: The Business Advantage Unlimited Cash Rewards scores 7/10 — a solid option for bank of america business customers who want simple cashback. With no annual fee, there's no risk in trying it.
Frequently Asked Questions
What is the annual fee for the Business Advantage Unlimited Cash Rewards?▾
The Business Advantage Unlimited Cash Rewards has no annual fee — you'll never be charged just for keeping the card open.
What is the sign-up bonus for the Business Advantage Unlimited Cash Rewards?▾
The Business Advantage Unlimited Cash Rewards currently offers a sign-up bonus worth approximately $300. $300 online statement credit after spending $3,000 in 90 days Terms apply — always verify the current offer directly with the issuer.
How do the rewards work on the Business Advantage Unlimited Cash Rewards?▾
The Business Advantage Unlimited Cash Rewards earns 1.5% on all purchases. Rewards are earned as cash back credited to your statement.
What credit score do I need for the Business Advantage Unlimited Cash Rewards?▾
The Business Advantage Unlimited Cash Rewards is recommended for applicants with good (670-749) credit. Approval is not guaranteed and depends on your full credit profile.
Does the Business Advantage Unlimited Cash Rewards charge a foreign transaction fee?▾
Yes, the Business Advantage Unlimited Cash Rewards charges a 3% foreign transaction fee on purchases processed outside the U.S.
What is the APR on the Business Advantage Unlimited Cash Rewards?▾
The Business Advantage Unlimited Cash Rewards has a variable purchase APR of 18.49% – 28.49%, with a 0% intro APR for the first 9 months. If you carry a balance, interest charges can quickly outweigh any rewards earned.
Who is the Business Advantage Unlimited Cash Rewards best for?▾
The Business Advantage Unlimited Cash Rewards is best for Bank of America business customers who want simple cashback. A key advantage: no annual fee.
Customer Reviews
4.2
987 reviews
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