Bank of America Business Advantage Travel Rewards Review: Good No-Annual-Fee Option
This no-annual-fee card earns 1.5 points per dollar spent. Those rates can climb higher if you're a Bank of America® Preferred Rewards for Business member.
Overview
SOME CARD INFO MAY BE OUTDATED
This page includes information about Capital One® Spark® Miles Select for Business, currently unavailable on NerdWallet. The information about Capital One® Spark® Miles Select for Business has been collected by NerdWallet and has not been provided or reviewed by the card issuer.The bottom line:
This card is best for those who already bank with the issuer and qualify for a higher rewards rate, but its simple and versatile rewards also make it a good option for any business operator needing a no-annual-fee travel card.
Credit card details
Annual fee
$0
Regular APR
17.24%-27.24% Variable APR
Intro APR
0% intro APR on Purchases for 9 billing cycles
Rewards rate
1.5x
Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire as long as your account remains open.
Points
Foreign transaction fee
None
Intro offer
30,000
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.
Points
Pros & Cons
Pros
No annual fee
Intro APR offer
New cardholder bonus offer
No reward caps
Bonus rewards for qualifying Preferred Rewards for Business members
Cons
Requires excellent credit
Multiple accounts, high combined balance required to get Preferred Rewards bonus
Does not include lounge access or travel credits
More details from Bank of America
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 17.24% to 27.24% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Credit card comparison
Compare to other cards 
Capital One® Spark® Miles Select for Business
3.7
NerdWallet rating
4.4
NerdWallet rating
Annual fee
$0
Annual fee
$0
Regular APR
13.99% - 23.99% Variable APR
Regular APR
17.24%-27.24% Variable APR
Intro APR
0% on Purchases for 9 months
Intro APR
0% intro APR on purchases for 12 months from the date of account opening
Need more options? Check our picks for best business credit cards of 2025
For small-business owners who travel, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is a good option, offering solid rewards for an annual fee of $0. And for those who keep a certain amount of money in eligible Bank of America® and Merrill business accounts, its rewards could be best in class.
The card gets you 1.5 points per dollar spent on all purchases. Points are worth 1 cent apiece when redeemed to cover travel purchases made on the card. And if you're enrolled in the issuer's Preferred Rewards for Business program — which you can qualify for if you keep enough money with the bank — you can earn up to 2.62 points per dollar spent, one of the highest base rewards rates you'll find on a $0-annual-fee card.
Key features of the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
Card type: Small business
Annual fee: $0.
Sign-up 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.
Rewards:
- Earn 1.5 points per dollar spent on all purchases.
You can redeem your points for credit against travel purchases, travel booked through Bank of America® or cash rewards. Points are worth 1 cent each when redeemed for travel statement credit and 0.6 cent each when redeemed for cash back.
APR: 0% intro APR on Purchases for 9 billing cycles, and then the ongoing APR of 17.24%-27.24% Variable APR.
Foreign transaction fees: None.
Other benefits: Preferred Rewards for Business members earn higher rewards rates.
Why you might want the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
More points with Preferred Rewards for Business
The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is more valuable if you keep at least $20,000 in combined balances in eligible Bank of America® and Merrill business accounts. At that point, you can qualify for the Bank of America® Preferred Rewards for Business Bank of America® business credit card
The total rewards boost you'll get depends on which tier of the program you qualify for. At the Platinum Honors level — the highest tier — you can earn 75% more points on each purchase, for example. That adds up to 2.62 points for every dollar spent. Gold tier members earn a 25% bonus and Platinum members earn a 50% bonus.
| Preferred Rewards status | Rewards bonus | Points per dollar spent |
|---|---|---|
| None (no accounts, or combined balances below $20,000) | None | 1.5 |
| Gold
(combined balances of $20,000 to $49,999) | 25% | 1.875 |
| Platinum
(combined balances of $50,000 to $99,999) | 50% | 2.25 |
| Platinum Honors
(combined balances of $100,000 or more) | 75% | 2.625 |
Versatile rewards
With this card, you can redeem points to pay for a wide variety of travel purchases made on the card, no matter which airline or hotel brand you book. Points are worth 1 cent apiece when redeemed this way. Because Bank of America® has a broader definition of travel
Introductory 0% APR offer
If you’re looking to pay down business purchases over time, then this card's introductory APR offer could be beneficial. 0% intro APR on Purchases for 9 billing cycles, and then the ongoing APR of 17.24%-27.24% Variable APR. Many small-business cards don't include such offers.
Why you might want a different card
Higher rewards rate
While the rewards rate on Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is solid, it's not top-of-the-line — unless you're a Preferred Rewards for Business member. Other cards offer higher rewards rates.
With The Blue Business® Plus Credit Card from American Express rates and fees
Bigger sign-up bonus
You can find a bigger sign-up bonus on other travel rewards cards, especially those with an annual fee. The Ink Business Preferred® Credit Card
Cash back rewards
If you want the flexibility of cash back, go with a different card. When you redeem for cash back on the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card, then points are worth just over half a cent each. Check out some top cash-back options on this list of NerdWallet's best small-business credit cards.
Should you get the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card?
Other small-business cards offer richer ongoing rewards and larger sign-up bonuses. But if you’re a small-business owner and traveler looking for a card that offers steady rewards with an annual fee of $0, then this card could be a good fit for you — especially if you’re already a Preferred Rewards for Business member.
To view rates and fees of The Blue Business® Plus Credit Card from American Express, see this page this page