Toni is a points and miles enthusiast who has been leveraging loyalty programs to travel around the world (for nearly free) with her husband and their four young children. She’s passionate about sharing travel tips so that others can not only feel in.
Toni Perkins-Southam Lead EditorToni is a points and miles enthusiast who has been leveraging loyalty programs to travel around the world (for nearly free) with her husband and their four young children. She’s passionate about sharing travel tips so that others can not only feel in.
Written By Toni Perkins-Southam Lead EditorToni is a points and miles enthusiast who has been leveraging loyalty programs to travel around the world (for nearly free) with her husband and their four young children. She’s passionate about sharing travel tips so that others can not only feel in.
Toni Perkins-Southam Lead EditorToni is a points and miles enthusiast who has been leveraging loyalty programs to travel around the world (for nearly free) with her husband and their four young children. She’s passionate about sharing travel tips so that others can not only feel in.
Lead Editor Caroline Lupini Managing Editor, Credit Cards & Travel RewardsCaroline Lupini has been traveling the world with the help of credit card rewards since 2011. She has visited over 110 countries and is able to utilize her knowledge of credit cards and to make travel both less expensive and more luxurious. Caroline.
Caroline Lupini Managing Editor, Credit Cards & Travel RewardsCaroline Lupini has been traveling the world with the help of credit card rewards since 2011. She has visited over 110 countries and is able to utilize her knowledge of credit cards and to make travel both less expensive and more luxurious. Caroline.
Caroline Lupini Managing Editor, Credit Cards & Travel RewardsCaroline Lupini has been traveling the world with the help of credit card rewards since 2011. She has visited over 110 countries and is able to utilize her knowledge of credit cards and to make travel both less expensive and more luxurious. Caroline.
Caroline Lupini Managing Editor, Credit Cards & Travel RewardsCaroline Lupini has been traveling the world with the help of credit card rewards since 2011. She has visited over 110 countries and is able to utilize her knowledge of credit cards and to make travel both less expensive and more luxurious. Caroline.
| Managing Editor, Credit Cards & Travel Rewards
Updated: Aug 1, 2024, 1:42pm
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With solid travel-related benefits and no foreign transaction fees, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is truly oriented toward going places. It’s a good option for those looking for a business credit card for travel with a $0 annual fee.
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card On Bank of America Small Business New Account's WebsiteOur ratings take into account the card’s rewards, fees, rates along with the card’s category. All ratings are determined solely by our editorial team.
Welcome Bonus 30,000 points Annual Fee Regular APR 18.49% - 28.49% Variable APR on purchases and balance transfers Credit ScoreCredit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
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.
Cardholders earn 3 points per dollar spent on car, hotel or airline travel booked through the Bank of America® Travel Center and 1.5 points per dollar spent on all other purchases, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card offers simple, solid rewards without an annual fee. The card offers some travel benefits, an introductory APR offer and charges no foreign transaction fees, but apart from these features, it doesn’t offer much else beyond its welcome bonus of 30,000 online bonus points after spending $3,000 in the first 90 days of account opening.
Among the travel coverage benefits the Business Advantage Travel Rewards card offers are travel accident insurance, lost luggage reimbursement, trip cancellation coverage and trip delay reimbursement. While the card includes overdraft protection, online and mobile management tools and $0 fraud liability, the travel benefits are the central additional benefits the card offers. These travel benefits are excellent to see with a card that doesn’t charge an annual fee, but noticeably absent is a collision damage waiver.
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Rewards with the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card are earned at a rate of 3 points per dollar spent on car, hotel or airline travel booked through the Bank of America® Travel Center and 1.5 points per dollar spent on all other purchases. Rewards do not expire as long as the account remains open with charging privileges.
The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card also offers a welcome bonus of 30,000 online bonus points after spending $3,000 in the first 90 days of account opening.
Points earned with the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card can be redeemed for travel, travel credits, dining-related purchases or cash beginning at 2,500 points. You can also redeem your points for gift cards beginning at 3,500 points. Points redeemed for travel credits are redeemed for $0.01 each, so 2,500 points are worth $25 when redeemed for travel credits. Cash redemptions are received as a check or deposit to an eligible Bank of America or Merrill Account. Points redeemed for cash are redeemed for $0.006 each, meaning 2,500 points are worth $15 when redeemed for cash.
To determine the rewards potential of the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card we calculated what a sole proprietor or small business might spend in the bonus categories. Forbes Advisor uses data from various government agencies to determine both annual expenses and spending averages across various categories. We estimate a small business owner with this credit card has $39,337 in expenses that can be charged to credit cards and use this to estimate potential reward earnings.
Based on the data, we assume this business may spend $8,573 on travel booked through the Bank of America Travel Center and $30,764 on all other expenses. In this scenario, the business would earn 25,719 points on travel and points on everything else. That brings the total rewards earned to 71,865 points each year.
The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card offers a 0% introductory APR on purchases for the first 9 billing cycles, then a 18.49% - 28.49% variable APR on purchases and balance transfers applies. A balance transfer fee of 4% of the amount of each transaction applies.
The Ink Business Unlimited® Credit Card is a cash-back card that earns 1.5% cash back rewards on every business purchase. For those who don’t want travel rewards but still want the simplicity of a flat-rate reward structure, the Ink Business Unlimited® Credit Card may be a better choice than the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card. With some similar other features, the Ink Business Unlimited® Credit Card offers a 0% introductory APR for 12 months on purchases, then a 18.49% - 24.49% variable APR applies for purchases and balance transfers. A balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies, but the additional benefits are quite different.
While the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card offers a number of travel-related insurances, the Ink Business Unlimited® Credit Card only offers an auto rental collision damage waiver, travel and emergency assistance and roadside dispatch. It also offers purchase protection and extended warranty protection. Plus, it also has no annual fee. The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is the better option for those keen on travel and travel rewards, but the Ink Business Unlimited® Credit Card is a better primary card for those seeking flexible rewards.
The U.S. Bank Business Leverage® Visa Signature® Card charges a $0 Intro Annual Fee for the first year, $95 therafter. The card will earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center, 2% back in the top two categories each month and 1% back per dollar on all other eligible purchases. For those who regularly spend heavily in one or two areas, the U.S. Bank Business Leverage® Visa Signature® Card may work much better than the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card in terms of reward earning, but it’s unlikely to do much else.
The U.S. Bank Business Leverage® Visa Signature® Card may provide a heavy rewards earning opportunity, but it’s light on the extra benefits. The only additional perks of note are no foreign transaction fees, no additional charge for employee cards and a welcome bonus: $750 in rewards after spending $7,500 in eligible purchases within the first 120 days of account opening. We suspect the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card will be the better option for anyone interested in extra perks.
The Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card earns 3% cash back in the category of choice, 2% cash back on dining purchases and unlimited 1% cash back on all other purchases. Earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year and 1% thereafter. This capped, bonus category structure differs significantly from the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card’s structure and may not be preferable for those who want to “set it and forget it.”
Like the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card, the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card offers a 0% introductory APR on purchases for the first 9 billing cycles, then a 18.49% - 28.49% variable APR thereafter on purchases and balance transfers. A balance transfer fee of 4% of the amount of each transaction applies.
Unlike the travel rewards card, the cash rewards card doesn’t offer much in terms of travel protections other than an auto rental collision damage waiver, though it does have travel accident insurance up to $100,000. For travel enthusiasts, the Bank of America® Business Advantage Travel Rewards World Mastercard® credit card is likely to be the better choice. For others, the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card should be weighed against other business cash-back cards.