Is the Bank of America Business Advantage Travel Rewards World Mastercard Worth It?

If you want straightforward earning and redemptions, this card is easy to use to get rewards for travel.
Rebecca LakeOct 18, 2021

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The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card earns you unlimited points on purchases you make for your business. Flexible redemption options make it easy to use points for travel without blackout dates or other restrictions.

If you’re wondering if the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is a good fit for you, here are some of the best features to consider.

Valuable perks

Decent welcome offer for a no-annual-fee card

Introductory welcome bonuses can be used to sweeten a travel card's appeal, and this card comes with a valuable sign-up offer: Earn 30,000 bonus points after you make at least $3,000 in net purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining-related purchases.

Earn unlimited rewards points on purchases

The card has a straightforward rewards program. You earn unlimited 1.5 points per dollar spent on all purchases. Rewards increase to 3 points per dollar when you book travel expenses, including airfare, hotel stays and rental cars, through the Bank of America® Travel Center. Points don't expire so you can redeem them at your own pace.

Option to join Bank of America® Preferred Rewards for Business to earn even more points

You can get even more points value from your business purchases if you're also a Bank of America® Preferred Rewards for Business customer. This program offers a points boost for purchases made with your card. To enroll, you must have an active, eligible Bank of America® business checking account and maintain a qualifying balance.

Here's how many additional points you could earn at each Bank of America® Preferred Rewards for Business membership tier:

  • Gold: 25% points bonus.

  • Platinum: 50% points bonus.

  • Platinum Honors: 75% points bonus.

Members could earn up to an unlimited 2.62 points per dollar on everyday purchases and up to 5.25 points per dollar on purchases made through the Bank of America® Travel Center. Already having your business bank accounts with Bank of America® could be a good incentive to consider this card.

Redeem points with flexibility

One of the challenges of using a business travel rewards card is making sure you're getting the most value possible out of the points or miles you earn. The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card makes this part easier by allowing you to redeem points as a statement credit for any travel-related purchases or for travel purchases booked through the Bank of America® Travel Center.

The upside of that is that you don't have to worry about blackout dates or other restrictions, and if you don't have any travel plans on the horizon, you can also redeem points for cash back or gift cards.

Nerdy tip: If you want a simplified redemption structure, then this card might appeal to you. On the other hand, you don't have the option to transfer points to frequent flyer programs or hotel loyalty programs. This could be a drawback if you want to be able to combine your travel rewards points with points or miles earned through your preferred airline or hotel.

Pay no annual fee or foreign transaction fees

Annual fees and foreign transaction fees can detract from the value of rewards you earn with a business travel card. Fortunately, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card has no annual fee and no foreign transaction fee.

Who is this card right for?

Whether the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card makes sense for you and your business depends on how often you travel and whether you need (or want) premium benefits in exchange for paying an annual fee.

Overall, this card could be right for business owners who:

  • Want a simple rewards structure with unlimited points.

  • Prefer not to pay an annual fee or foreign transaction fee.

  • Book travel but aren't loyal to any one airline or hotel brand.

And again, whether or not you already have business accounts with Bank of America® should be factored in. If you're a Preferred Rewards for Business customer, you could easily increase your rewards earnings on every purchase without having to increase your spending.

If you can handle a larger annual fee, consider the Bank of America® Premium Rewards® credit card and its larger sign-up bonus: Receive 50,000 online bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening.

The bottom line

A business travel rewards card with no annual fee could be attractive if you want to save money or don't travel often. It's important to consider what you're getting, however, since some no-annual-fee cards are light on benefits and added features.

The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card doesn't come with any premium travel perks such as complimentary airport lounge access or airline fee credits, but it could still be a suitable choice for casual business travelers.


How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:

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