Underrated Reasons You Need a Bank of America Business Advantage Travel Rewards World Mastercard

Cardholders can redeem points for a wide variety of travel charges, such as for flights, campgrounds and amusement parks.

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This $0 annual fee card offers powerful rewards earnings for those with businesses who already bank with Bank of America®. But even if you’re not a Bank of America® Preferred Rewards for Business member, you can still earn 1.5 points per dollar spent on everyday purchases when you use the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card.

Here's a closer look at the well-known and underrated perks of the card.

The well-known reasons

  • Welcome bonus: Earn 30,000 online 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 purchases.

  • Simple, no frills earnings: Earn unlimited 1.5 points for every $1 you spend on all purchases plus 3 points per dollar spent when you book your travel (car, hotel, airline) through the Bank of America® Travel Center.

  • No foreign transaction fee: With no foreign transaction fees you can use your card more affordably while traveling internationally.

  • No annual fee: You don’t have to worry about paying an annual fee to keep your card open.

The underrated reasons

Boosted rewards earnings

If you have a business checking account with Bank of America® and qualify for Preferred Rewards, you can boost the card’s earning rates even more — up to 75% more points on every purchase.

To qualify for Preferred Rewards, you need to keep the minimum amount — $20,000 — in combined balances in eligible Bank of America® and Merrill business accounts. Depending on the membership tier, you can earn 25%, 50% or 75% more points on purchases.

Preferred Rewards program tier

Rewards bonus

Points earned per dollar spent

Points earned per dollar spent at Bank of America® Travel Center









Platinum Honors




Easy to redeem rewards

If you’re a business owner looking for simplified rewards redemptions, this card provides just that. One option is to charge travel-related purchases to your card and redeem points for a statement credit.

When points are redeemed for travel, each point is worth 1 cent, with a minimum redemption amount of 2,500 points or $25. Points can also be redeemed for cash back, but you will only receive 0.6 cents in value when doing so. Gift card redemption values vary.

As all travel charges qualify for rewards redemption, you have the freedom to fly on any airline or stay at any hotel. Bank of America®’s extensive definition of travel gives you more flexibility than some card issuers.

You’ll be able to redeem points for travel-related charges such as:

  • Airlines.

  • Hotels.

  • Rental cars.

  • Ferries.

  • Campgrounds.

  • Cruise lines.

  • Tolls and bridge fees.

  • Amusement parks, zoos, aquariums and the like.

Travel protections

Although this card may lack many travel benefits that come with premium, more expensive travel credit cards, you’ll be covered when things go amiss on a trip.

Making purchases with your Bank of America® Business Advantage Travel Rewards World Mastercard® credit card gives you instant access to protections like travel accident insurance, lost luggage reimbursement, trip cancellation coverage and trip delay reimbursement. It can be difficult to put a price on the value of the peace of mind this coverage can provide during business travel.

Introductory 0% APR

Whether you need to pay down a large purchase or want to open up extra cash flow, using the card’s 0% intro APR on Purchases for 9 billing cycles, and then the ongoing APR of 15.99%-25.99% Variable APR could be advantageous. The 0% APR doesn't apply to balance transfers.

The bottom line

This $0 credit card is designed for business owners who travel frequently and value simple yet versatile rewards redemptions. Although the card earns solid rewards with 1.5 points per dollar spent, and 3 points per dollar on travel purchased through the Bank of America® Travel Center, you can boost these rewards rates if your business banks with the issuer and you qualify for Preferred Rewards.

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 2022, including those best for:

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