Bank of America Business Advantage Cash Rewards Mastercard

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Card Details and Application Link
Bank of America Business Advantage Cash Rewards Mastercard

Card Type: Mastercard


Earning rate: 2% on dining plus 3% on 1 choice from: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services (for the first $50,000 in combined choice/dining purchases each calendar year, 1% thereafter) and 1% everywhere else.

Noteworthy perks: When you're a Business Advantage Relationship Rewards client, you can get up to 75% rewards bonus on every purchase you make. This means that you can earn up to 5.25% with this card! Your rewards bonus is based on your enrolled tier – Gold 25%; Platinum 50%; or Platinum Honors 75%.


This is an excellent choice for those with Business Advantage Relationship Rewards Platinum Honors status since it is possible to get up to 5.25% cash back within your chosen category of spend.

Application Tips

Bank of America Application Tips

  • 3/12 or 7/12 Rule: You won't be approved if you have opened 3 or more accounts, with any bank, in the past 12 months. For those with Bank of America deposit accounts, the rule changes to 7+ accounts.
  • 2/3/4 Rule: Max 2 consumer cards per rolling 2 months, 3 per rolling 12 months, and 4 per rolling 24 months.
  • 5 card limit: You will not get approved for a new consumer card if you already have 5 consumer BOA cards open
  • Get Same Card Again: With some BOA cards, must wait 24 months after either opening or cancelling, depending upon the card.
  • Hard inquiries are usually combined into 1 when initiated within 30 days but there have been reports of TransUnion not combining.

Click here to check your application status
If denied, call reconsideration here: 800-354-0401 (8am-7pm ET Mon-Fri); 866-695-6598 (business cards);

Related Cards (BOA cash back cards)

Card Offer
Business Advantage Unlimited Cash Rewards credit card
$300 statement credit
$300 statement credit bonus after $3K spend in 90 days

No Annual Fee

Royal Caribbean® Visa Signature® Credit Card
10K points + $100 statement credit + $50 Air2Sea program discount
10K points after 1st purchase in 90 days + $100 statement credit after $1K spend in 90 days + $50 airfare discount after $3.5K total in first 90 days (excludes students)

No Annual Fee

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