New BofA Business Card Launched Today with $500 Bonus

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The Bank of America Business Advantage Unlimited Cash Rewards MasterCard has launched today. [Disclaimer: not an affiliate link.]

Bank of America Business Advantage Unlimited Cash Rewards MasterCard

Image source: Bank of America

Bonus Offers:

The public website offer is $300 for $3,000 spend in 90 days.

A bonus of $500 for $5,000 spend in 90 days is available through BofA small business bankers. Interested applicants can contact me for an introduction to my banker if they do not currently have a BofA small business relationship.

This year we have seen offers on the variety of BofA business cards go as high as $750. $500 is more the current steady-state for the banker offers.

Bank of America Business Advantage Unlimited Cash Rewards MasterCard branch offer October 2021

Image source: Bank of America

Card Overview:

The card earns 1.5% cashback everywhere and has no annual fee. Those with a Business Preferred Rewards relationship earn up to 2.62% cashback everywhere.

This is comparable earn to the Business Advantage Travel Rewards World Mastercard with much more flexible rewards. The Travel Rewards card requires travel purchases for redeeming awards.

My Take:

If you can qualify for Business Preferred Rewards and are looking for cash back, 2.62% across the board and no annual fee is excellent.

Plus, as a business card, it won’t impact those managing their Chase 5/24 application count.

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Gary
Gary
27 days ago

Hello Stefan, can you please help me with an introduction to a small banker to apply? Thanks!

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[…] A new Bank of America Business Card with a $500 welcome bonus has been launched this week, by Rapid Travel Chai. […]

Jeff
Jeff
1 month ago

Can you please link me to a small banker so I can apply. Thanks

Matt
Matt
1 month ago

Hi Stefan, can you put me in touch with a small banker as well to apply for the $500 offer? Thanks in advance.

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[…] Rapid Travel Chai can put you in touch with a banker […]

Blake
Blake
1 month ago

Hello Stefan can you please help me with an introduction to a small banker to apply

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[…] 90 days of account opening ($500 bonus after $5,000 in spend available via small business bankers. Stefan at Rapid Travel Chai can help with an […]

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[…] New Bank of America business card with $500 bonus offer […]