Bank of America Business Advantage Customized Cash Benefits, Credits & Annual Fee

Legal and medical referrals help you find professional assistance when you’re away from home. Contact the travel assistance service to request a referral if you need a lawyer or medical provider during a trip. The available summary promises referrals, not payment for legal or medical services.

Auto rental insurance provides coverage for covered rental cars. Use your card when renting a vehicle and check your card’s benefit terms for how to qualify and file a claim. Coverage limits and exclusions are not specified in the available benefit summary.

Travel accident insurance provides up to $1 million in coverage for covered accidents while traveling. Check your card’s benefit terms before your trip to see which travelers and circumstances qualify and how to make a claim. The $1 million figure is a coverage limit, not a cash payment for every accident.

Emergency ticket replacement offers help replacing a travel ticket when you’re away from home. Contact the travel assistance service if your ticket is lost or otherwise needs emergency replacement. Check your card’s benefit terms for service details; the available summary does not say whether replacement costs are covered.

Lost luggage assistance helps you respond when your luggage goes missing while you’re away from home. Contact the travel assistance service for help locating or dealing with missing bags. This is an assistance service; the available summary does not promise reimbursement for the luggage or its contents.

Earn 2% cash back on dining purchases. Combined with the choice category, 3% and 2% cash back apply on the first $50,000 in combined choice category and dining purchases each calendar year, then 1% thereafter.

Earn 3% cash back in the category of your choice. Combined with dining, 3% and 2% cash back apply on the first $50,000 in combined choice category and dining purchases each calendar year, then 1% thereafter.

Earn unlimited 1% cash back on all other purchases.

Preferred Rewards for Business Platinum members receive a 50% rewards bonus on cash back earned, boosting choice category to 4.5%, dining to 3%, and other purchases to 1.5%.

Preferred Rewards for Business Gold members receive a 25% rewards bonus on cash back earned, boosting choice category to 3.75%, dining to 2.50%, and other purchases to 1.25%.

Preferred Rewards for Business Platinum Honors members receive a 75% rewards bonus on cash back earned, boosting choice category to 5.25%, dining to 3.50%, and other purchases to 1.75%.

Extended warranty coverage adds protection for certain purchases beyond their original warranty. Use your card for a covered purchase, and check your benefit terms for claim instructions and the applicable extension. Not every purchase qualifies, and the available summary does not specify the extension length.

Purchase protection covers certain purchases against loss, damage, theft or fire. Pay with your card for a qualifying item, and consult your benefit terms to submit a claim if something happens to it. Coverage is limited to certain purchases; the available summary does not specify limits or claim deadlines.

Employee cards are available at no additional cost. Add cards for employees who need to make business purchases, and monitor their transactions through your account. Purchases made on employee cards are still transactions on your business card account.

Cash rewards can be redeemed as a deposit, statement credit or mailed check. Choose a deposit into an eligible Bank of America checking or savings account, apply rewards to your card statement, or request a check. Bank deposits require an eligible account.

View your Dun & Bradstreet business credit scores for free. You can see them inside Business Advantage 360, Bank of America's Business Online Banking platform. Log in to your online banking account to check them.

The card has no annual fee. Keep it open and use it for purchases without paying a yearly card membership charge. Other charges, such as interest or transaction fees, may still apply depending on how you use the card.

Card transactions can sync directly with QuickBooks, making it easier to track expenses and keep your books up to date. You can set up the connection through Bank of America's business online portal or within QuickBooks - an active QuickBooks subscription is required.