Small businesses often require a reliable credit card that can handle everyday purchases, reward spending, and help build business credit. Bank of America offers several credit card options designed to cater to small business owners. Here’s a look at the top options available.
Business Advantage Cash Rewards
For small business owners who want to earn cash back on purchases, the Business Advantage Cash Rewards credit card is an excellent choice. It offers 3% cash back on select categories, such as gas stations, office supply stores, and phone services, with no annual fee.
Business Advantage Travel Rewards
If your small business requires travel, the Business Advantage Travel Rewards card may be ideal. You’ll earn 1.5 points per dollar on every purchase, with no annual fee, and the points can be redeemed for travel expenses like flights, hotel stays, and car rentals.
Business Platinum Plus® Mastercard®
For those who want a low-interest rate on purchases, the Business Platinum Plus Mastercard offers a competitive APR and access to various business tools. While it doesn’t offer rewards, it’s perfect for businesses looking to manage larger purchases over time with lower interest charges.
Business Advantage Customized Cash Rewards
This card allows you to choose your 3% cash back category, making it highly customizable for your small business needs. It also offers 2% cash back on dining and 1% on other purchases, along with no annual fee.
Business Advantage Unlimited Cash Rewards
If you prefer a simple, straightforward cash back card, the Business Advantage Unlimited Cash Rewards card is a solid option. You’ll earn 1.5% cash back on every purchase with no limit, and it’s great for businesses with diverse spending patterns.
Conclusion
Bank of America offers a variety of business credit cards that cater to the specific needs of small business owners. Whether you’re looking for cash back, travel rewards, or a low-interest rate, there’s a card for every type of small business.