Bank of America® Business Advantage Travel Rewards World Mastercard® credit card review
Enjoy open travel rewards with this credit card that offers 1.5 points per $1 spent on all purchases you make. It makes this card a great fit for anyone who loves to travel, but doesn't want to commit to a specific travel brand.
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Key Features
descriptionEditor Analysis:
- 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.
- Take advantage of a intro_apr_rate,intro_apr_duration intro APR on purchases for the first intro_apr_duration (then, reg_apr,reg_apr_type).
- The rewards are consistent, but not huge. If you know you spend a lot in particular categories, you could likely earn more rewards with a card that offers bonus rewards in those categories.
CardName benefits
The card_name has busy business travelers, particularly busy international business travelers, in mind, and there are plenty of card features, including generous bonuses right from the start, that make this a card worth checking out.
On an ongoing basis you earn unlimited 1.5 points for every dollar spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points per dollar, if you have a Bank of America business checking account and qualify for the Preferred Rewards for Business Platinum Honors tier. There is not limit to the amount of points you can earn and points don’t expire as long as your account remains open. And, as you’d expect with a travel rewards card, there are no foreign transaction fees to eat into your rewards.
Many business cards with perks and rewards potential as rich as with the CardName charge an annual fee for the privilege of carrying the card. Not so with this card, a definite plus for business owners who are always thinking about their bottom line and how to cut expenses.
In this case, not only does the CardName keep you from spending money to carry the card, it could actually put money back in your pocket, and it can do it within months of your opening an account.
With the CardName, new cardholders can earn 30,000 bonus points once spending $3,000 on the card within the first 90 days – redeemable for $300 in statement credit toward travel purchases.
Travel-related perks such as online management tools and coverage in travel accident insurance, lost luggage reimbursement, trip cancellation coverage and trip delay reimbursement are among the perks you’ll appreciate on with this card (even though you hope to never need some of them).
When it comes to managing your account, the CardName comes with cash flow management tools and online services including automatic payments and transfers as well as the option to download transactions directly to QuickBooks while tracking each step in a My Report Center.
With the CardName, you can monitor your account 24/7, so you’ll be able to keep close tabs on account activity for you and each of your employees wherever you are and wherever they are. The card also comes with zero liability protection for unauthorized purchases and there is additional protection for misuse by terminated employees.
Finally, the CardName offers a intro_apr_rate,intro_apr_duration introductory APR on purchases for intro_apr_duration from the card’s account-opening (then, RegAPR). If you’re looking to make a large purchase or perhaps have some start-up expenses ahead, this card allows you to take a bit more time to pay off those purchases interest-free.
Potential downsides of CardName
The rewards-earning structure is easy to understand and consistent, but if you know your business spending occurs disproportionately in particular categories, you’d likely be better off with a card that rewards that particular spending rather than offering a flat 1.5 points across the board.
How the CardName compares to other cards
CardName vs. CardName
The CardName discontinued offers an opportunity to earn two miles for every dollar spent on any purchase at any time as well as five miles per dollar on hotels, vacation rentals, and rental cars booked through Capital One Travel. Those miles can then be redeemed without blackout dates or restrictions to consider, so it’s definitely an option should your business require frequent flying. And the welcome offer is attractive: Earn 50,000 miles after spending $4,500 in the first three months of account opening. Plus, take advantage of up to a $120 reimbursement for one Global Entry or TSA PreCheck® application fee.
The catch, however, is that the CardName card’s annual fee should be considered after your first year. The annual fee is AnnualFees, so if you spend less than $1,000 a month on the card after year one, you’re likely better off with the annual-fee-free CardName.
CardName vs. CardName
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If you have a particular loyalty to American Airlines, the card_name could certainly be the way to go when it comes to business travel rewards credit cards. Citi is a Cardratings advertiser.
The CardName offers cardholders two times the miles on American Airlines purchases as well as two times the miles with telecommunications merchants, cable and satellite providers, car rental merchants and at gas stations. All other purchases earn one mile per dollar spent.
The catch, of course, is that your miles are American Airlines AAdvantage® frequent flyer miles, which restricts your redemption to options offered through American Airlines and its travel and hotel partners.
If you’re ok with a few more restrictions on your redemption options, the CardName does offer you a free first checked bag on domestic itineraries for you and up to four companions on the same itinerary. The annual fee is AnnualFees.
Who should apply for the CardName?
Business-focused travelers who are looking for a credit card with a rich, unlimited rewards program, no annual fee and plenty of travel-specific perks and protections should take a long look at the card_name. If you have some purchases on the horizon that you might need a few extra months to pay off, you’ll especially appreciate the intro_apr_rate,intro_apr_duration introductory APR offer for the first intro_apr_duration.
Frequently asked questions
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Is there an introductory APR offer for the card_name?
Our Methodology
Survey methodology: CardRatings commissioned Op4G in September 2023 to conduct surveys among 1,869 cardholders nationwide. CardRatings website analytics from Jan. 1, 2023-Aug. 31, 2023 were used to determine a selection of the most popular cards and additional cards were included to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents’ scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to "How likely are you to recommend this card to a friend, coworker or family member?" was double weighted. Current Scores reflect scores from the most recent survey (2023); “Past Scores” reflect scores from the 2022 survey.
Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.
This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.
