Bank of America® Business Advantage Customized Cash Rewards Mastercard®
Bank of America
No Annual Fee
Annual Fee
mastercardGoodbusinesscash-backno-annual-fee6 months ago
Welcome Offer
$500Spend $5,000 within 3 months
OpenCard analysis
Is the Bank of America Business Advantage Customized Cash Rewards Mastercard right for you?
The Bank of America Business Advantage Customized Cash Rewards Mastercard is a no-annual-fee business cash-back card from Bank of America. Its strongest everyday earning is 3% on Choice Category, with 1% on most other purchases. With no fee, the question is simply whether 3% on Choice Category beats what your current card earns there.
Who it's for
- ✓ Business owners who want business spending on its own card
- ✓ People who spend steadily on Choice Category, where it earns 3%
- ✓ Anyone who wants Choice Category rewards without paying an annual fee
Who should skip it
- — People who want a set-and-forget card
- — Applicants without a business or business income
- — Heavy spenders outside Choice Category — everything else earns 1%
First-year value estimate
Welcome bonus
$500
Rewards on spending
$180
Annual fee (year 1)
−$0
Year 1, before credits
$680
Year two, without the welcome bonus: about $180 before credits ($180 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in Choice Category (3%) and $9,000 on everything else (1%) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- Welcome bonus: the $500 bonus at face value ≈ $500.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-16.
How it compares
Amazon Business American Express →
American Express, same $0 annual fee; earns 3% on Amazon Business, AWS, Amazon.com, Whole Foods.
Amazon Business Prime →
American Express, same $0 annual fee; earns 3% on Amazon.com and Whole Foods.
American Express Blue Business Cash →
American Express, same $0 annual fee; earns 2% on everything.
Rules and gotchas
- The welcome bonus requires $5,000 in 3 months — roughly $1,667 a month. That's more than the $1,000 a month in our illustration, so the bonus assumes about $667 a month of extra spending.
- Bonus cap on Choice Category: Choose 1: gas, office supplies, restaurants, travel, TV/telecom, or computer. On up to $50,000/yr, then 1%
Frequently asked questions
- Does the Bank of America Business Advantage Customized Cash Rewards Mastercard have an annual fee?
- No. Our record lists a $0 annual fee for the Bank of America Business Advantage Customized Cash Rewards Mastercard.
- What does the Bank of America Business Advantage Customized Cash Rewards Mastercard earn?
- 3% on Choice Category, 2% on dining, and 1% on other purchases. Some bonus rates are capped; see the rules and gotchas above.
- Is the Bank of America Business Advantage Customized Cash Rewards Mastercard worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in Choice Category), the first year comes out around $680 before credits, including a welcome bonus valued at $500. Year two drops to about $180 before credits.
- What credit do I need for the Bank of America Business Advantage Customized Cash Rewards Mastercard?
- Our record lists "Good" credit as the typical target for the Bank of America Business Advantage Customized Cash Rewards Mastercard. As a business card, the application also asks about the business. Bank of America makes the final decision based on its own criteria.
Earning Rates
3×Choice Category (3%)Choose 1: gas, office supplies, restaurants, travel, TV/telecom, or computer. On up to $50,000/yr, then 1%
2×Dining (2%)2% cash back on dining purchases
1×Other
Other Benefits
Other Benefits
Travel Accident Insurance
$100,000 in travel accident insurance
Auto Rental Insurance
Auto rental insurance when traveling
Lost Luggage Assistance
Lost luggage assistance
Emergency Ticket Replacement
Emergency ticket replacement
Legal/Medical Referrals
Legal and medical referrals when traveling
Preferred Rewards Boost
25%-75% bonus rewards via Preferred Rewards for Business (Gold/Platinum/Platinum Honors tiers)
Insurance
Rental InsuranceSecondary
Purchase Protection
Extended Warranty
Sources
- https://www.uscreditcardguide.com/boa-cash-rewards-business-credit-card/
- https://www.bankofamerica.com/smallbusiness/credit-cards/products/cash-rewards-business-credit-card/
- https://upgradedpoints.com/news/bank-of-america-business-cards-elevated-offers/
Last Updated: Apr 16, 2026