Bank of America® Business Advantage Travel Rewards World Mastercard®
For any business owner searching for a credit card that will help them run their business, it can be confusing to navigate all of the credit card options. However, we can help. If you are a frequent traveler, be sure to check out the Bank of America® Business Advantage Travel Rewards World Mastercard®.
The rewards from the card can translate directly into travel spending, saving you money on your future trips. Although the percentage of bonus point reward is slightly lower than some other options, the fact that the card has an introductory offer could more than make up for it. It’s great to earn rewards by merely doing your job.
Before jumping aboard the AmEx train, take all of the factors into consideration to make sure this is the best business credit card for you.
Down to business with the Bank of America Business Advantage Travel Rewards World Mastercard
Take a look at the basic features of the Bank of America Business Advantage Travel Rewards World Mastercard below.
Perks and features of the Bank of America Business Advantage Travel Rewards World Mastercard
This Bank of America card offers more than just a substantial introductory bonus. It also provides members with many benefits that are easy to overlook.
Is the Bank of America Business Advantage Travel Rewards World Mastercard right for my business?
Having no annual fee, along with a fantastic introductory offer, makes this card challenging to resist. You can redeem rewards as statement credits to use toward flights, hotels, vacation packages, cruises, rental cars or baggage fees. Also, you can redeem points for cash back or gift cards.
Many business owners could benefit from this card, but who might get the most out of the Bank of America Business Advantage Travel Rewards World Mastercard? This travel rewards Mastercard from Bank of America could be an excellent option for business owners who are frequent jet setters. If you’re already traveling for your business, don’t miss the opportunity to earn rewards while spending like you usually would. These points can be used toward future travel and save your company cash. Plus, there is no limit to the points you can earn, which makes it especially enticing for people who spend a lot of money on travel.
Who might want to try a different credit card? An infrequent traveler wouldn’t be able to maximize the benefits of this card. If you aren’t hopping on a plane for your business often enough, the rewards program on this card would be much less useful. Instead, look for a credit card with cash-back or points-based rewards. And you don’t even have to search far to find a great card like that.
For example, you could try the Business Advantage Cash Rewards Mastercard® from American Express. With this card, you earn 3% cash back in the category of your choice, 2% cash back on dining and 1% cash back on everything else. This card would be an excellent choice for anyone who spends a lot of money in one of the 3% categories, such as telecom and wireless, business consulting or office supply stores. Travel is one of the 3% categories, so you could even earn potentially more using this card on travel expenses.
The bottom line
The Bank of America Business Advantage Travel Rewards World Mastercard is a no-fee card that also has a fantastic introductory offer, which is relatively rare in the credit card world. Just by signing up, you could get enough points for a $250 statement credit toward travel. Plus, if you’re willing to book your travel through Bank of America, you can earn 3x the points. These points can easily apply to future trips and save your business cash to use elsewhere. A frequent business traveler — especially overseas where you can get smacked with foreign exchange fees — could benefit from many of the perks that come with this card.
Additionally, if you qualify, cardholders can sign up for Preferred Rewards for Business. This program waives several business-related fees, like cashier’s checks and overdraft protection transfers. It also allows you to get 75% more points on specific categories when you’re a Business Platinum Honors tier member.
The Bank of America Business Advantage Travel Rewards World Mastercard might not offer the highest rates on travel out there, but the lack of an annual fee and 0% APR for the first nine billing cycles could make up for the slightly lower rates. Overall, this card is a fabulous option for business owners who travel a lot for work and want to earn miles while spending like usual.