BoA Cash Rewards for Business

back Cash Rewards for Business Bank of America MasterCard

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intro purchase APR 0% for 9 months	regular APR11.74 - 21.74% (V)
intro BT APR 4% min $10	11.74-21.74%
rewards 1%-2%-3%

• 3% on gas and office supply purchases
• 2% on restaurants
• 1% on everything else

excellent required

Terms and Conditions

Editors Review

Pros

• No annual fee
• 1% cash back on all purchases, 2% on restaurants, 3% on gas and office supplies (with $250 000 annual cap, 1% after limit)
• 0% APR on purchases for 9 months from opening the account
• $200 statement credit bonus after making at least $500 in purchases in the first 60 days of your account opening

Cons

• 3% international transactions fee – if you frequently travel it is definitely a drawback
• No sign up bonus offered
• Surprised to see that 2% cash back do not apply to “bakeries, coffee shops, grocery stores” and “ do not include merchants that sell large or high-priced office equipment such as computers or desk units” - read terms and conditions for details.

Verdict and Alternatives

Decent card with no annual fee and 1-3 % cash back.

However, I will go for Chase Ink card, which offers up to 5% cash back on selected categories and no annual fee as well.