Bank of America Business Advantage Travel Rewards: A Comprehensive Review

The Bank of America Business Advantage Travel Rewards credit card is a solid choice for small business owners who want to earn rewards on their everyday purchases.

With a sign-up bonus of 25,000 points after spending $1,000 in the first 90 days, you can earn a free night's stay at a participating hotel.

You'll earn 1.5 points per dollar spent on all purchases, with no rotating categories or spending limits.

The card also offers a 0% introductory APR for 12 billing cycles, giving you time to pay off purchases without incurring interest.

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The Bank of America Business Advantage Travel Rewards Mastercard is a great option for business owners who want to earn rewards on their travel and business expenses. You can earn 1.5 points per $1 spent, which can add up quickly.

One of the key benefits of this card is that it has a $0 annual fee, making it a great option for businesses that don't want to pay extra for rewards. The regular APR is 17.49% - 27.49% Variable, so be sure to pay your balance in full each month to avoid interest charges.

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To maximize your rewards spending, use your card for all or most of your travel and business expenses. This will help you earn points quickly and redeem them for travel, cash back, or other rewards.

Here are some key details about the card:

By following these tips and using your card wisely, you can earn rewards and save money on your business expenses.

The Bank of America Business Advantage Travel Rewards credit card has some great benefits that make it a worthwhile option for business owners. One of the main advantages is that there is no annual fee.

You'll also get an intro APR offer, which can be a huge help if you need to finance a large purchase. Additionally, new cardholders can earn a bonus offer, which is a nice perk.

Here are some of the key pros of the card:

If you're considering a new credit card, it's essential to weigh the pros and cons. Here are some benefits to consider.

One of the most significant advantages is that some credit cards come with no annual fee, which can save you money in the long run.

Another perk is the intro APR offer, which can give you a lower interest rate for a limited time. This can be a huge relief if you're carrying a balance.

New cardholder bonus offers are also a great incentive, often providing a one-time reward or cashback bonus.

Some credit cards also have no reward caps, meaning you can earn as many rewards as you want without hitting a limit.

If you're a business owner, you might be eligible for bonus rewards through Preferred Rewards for Business membership.

Here are some specific pros and cons to consider:

This card doesn't offer many travel perks, so if you're looking for extra benefits like airport lounge access, you're better off with a card that has an annual fee.

One of the benefits you will get is the ability to use this card freely abroad, which means you can make international purchases online without incurring extra charges.

You won't get upgraded insurance benefits like delayed baggage insurance, which is something you might find on premium cards.

Free WiFi and complimentary room upgrades are also not included with this card, which are perks that are often available on higher-end travel cards.

The Business Advantage Travel Rewards card does charge for some things, but it doesn't charge a foreign transaction fee, which is a plus for international travelers.

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The Bank of America Business Advantage Travel Rewards card offers a generous rewards program that can help you earn points and cash back on your business expenses. You can earn 3 points per dollar spent on travel booked through the Bank of America Travel Center, regardless of your Preferred Rewards status.

To maximize your rewards, consider booking your travel through the Bank of America Travel Center, as this will earn you a three-point bonus on every dollar you spend. You can also earn a larger bonus on everyday business expenses by reaching a higher Preferred Rewards status tier.

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Here's a quick breakdown of the rewards bonus and points per dollar spent for each Preferred Rewards status tier:

By understanding the rewards program and how to maximize your earnings, you can get the most out of your Bank of America Business Advantage Travel Rewards card and enjoy the benefits of being a Preferred Rewards for Business member.

If you're looking to maximize your earnings with the Bank of America Business Advantage Customized Cash card, the Preferred Rewards for Business program is a great place to start. The biggest perk is the credit card rewards bonus, which can earn you up to 5.25% cash-back on a category of your choice.

The earnings structure for the Business Advantage Customized Cash card varies by status tier, with Gold earning 3.75% cash-back, Platinum earning 4.5% cash-back, and Platinum Honors earning 5.25% cash-back. Dining purchases also earn varying rates, with Gold earning 2.5% cash-back, Platinum earning 3% cash-back, and Platinum Honors earning 3.5% cash-back.

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For the Business Advantage Travel card, the earnings structure is points-based, with 3 points per $1 spent on travel booked through the Bank of America Travel Center for Gold, 3.75 points per $1 for Platinum, and 4.5 points per $1 for Platinum Honors. All other purchases earn 1.5 points per $1 for Gold, 1.87 points per $1 for Platinum, and 2.25 points per $1 for Platinum Honors.

To give you a better idea of the earnings potential, here's a quick reference table of benefits for Preferred Rewards for Business members:

By understanding the earnings structure and benefits of the Preferred Rewards for Business program, you can optimize your earnings and make the most of your Bank of America Business Advantage credit card.

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The Bank of America Mastercard foreign transaction fee is a significant consideration for anyone planning to make international purchases. It's a 3% charge on all international transactions, which can add up quickly.

Some Bank of America Mastercard credit cards are exempt from this fee, including the Business Advantage Travel Rewards World Mastercard and a few travel co-branded cards, which have a $0 foreign transaction fee.

This fee is steep, making it less ideal for international travel or purchases. However, the cards that charge it are generally meant for everyday spending.

The Business Advantage Travel Rewards Mastercard offers a substantial bonus on travel purchases, making it a good pick for companies that spend a sizable amount on airfare, hotel stays and other travel expenses.

You get three points for every dollar you spend through Bank of America’s travel center, which can add up quickly.

If your company typically spends around $10,000 a year on business travel, it will collect at least $300 worth of points.

This bonus is especially valuable if you regularly send your employees off on business trips and have them use their company cards, as it doesn't limit your yearly earnings.

You can redeem these points for a statement credit towards travel or dining purchases, making it a great way to offset your company's travel expenses.

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You can redeem your Bank of America Business Advantage Travel Rewards points for travel purchases made within the past 120 days.

Travel purchases include flights, hotels, and rental cars booked through your business's credit card.

Redeem your points for a statement credit to offset travel expenses, or use them to book travel directly through Bank of America's travel website.

You can also transfer your points to airline and hotel loyalty programs to earn even more rewards.

Bank of America offers no blackout dates or travel restrictions on redemptions, so you can use your points whenever you want.

You can also redeem points for cash back, gift cards, or other rewards, but travel redemptions offer the best value.

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