Bank of America Business Advantage Travel Rewards Benefits, Credits & Annual Fee

Redeem points for statement credits against qualifying travel and dining purchases. Choose purchases from the prior 12 months when redeeming; travel credits value each point at 1 cent, or 2,500 points for $25. Redemptions are limited to your 2,500 most recent qualifying purchases.

Auto rental coverage provides protection when you rent a vehicle while traveling. Use your card for a rental and check the card's coverage terms before relying on it; the available benefit summary does not state a coverage limit or specify which rentals qualify.

Emergency ticket replacement provides help if a travel ticket needs to be replaced while you're away from home. Contact the card's travel assistance service when you need help with a replacement. The available benefit summary does not say that replacement ticket costs are covered.

Lost-luggage assistance helps you deal with missing baggage while you're away from home. Contact the card's travel assistance service if your luggage goes missing. This is an assistance service; the available benefit summary does not state that it reimburses the value of lost items.

Medical and legal referrals help you find services while you're away from home. Contact the card's travel assistance service when you need a referral. This benefit does not state that medical treatment, legal fees or evacuation costs are covered.

Travel accident insurance provides up to $1 million in coverage for covered travel accidents. Check the card's benefit terms for the trips and circumstances that qualify before you travel; the stated amount is a coverage limit, not a payment for every accident.

Earn 1.5 points for every $1 you spend on all purchases.

Earn 3 points for every $1 spent on travel purchases made at the Bank of America Travel Center.

Enroll in Preferred Rewards for Business (no fee) and maintain Gold-tier qualifying balances ($20,000 to under $50,000 three-month combined average in eligible Bank of America business deposit and/or Merrill business investment accounts, plus an eligible business checking account) to receive a 25% points bonus on top of the card base earn rates.

Enroll in Preferred Rewards for Business (no fee) and maintain Platinum Honors-tier qualifying balances ($100,000+ three-month combined average in eligible Bank of America business deposit and/or Merrill business investment accounts, plus an eligible business checking account) to receive a 75% points bonus on top of the card base earn rates (e.g., up to 2.62 points per $1 on other purchases and up to 5.25 points per $1 on Bank of America Travel Center travel).

Enroll in Preferred Rewards for Business (no fee) and maintain Platinum-tier qualifying balances ($50,000 to under $100,000 three-month combined average in eligible Bank of America business deposit and/or Merrill business investment accounts, plus an eligible business checking account) to receive a 50% points bonus on top of the card base earn rates.

Extended warranty coverage adds protection for qualifying purchases beyond their original warranty. Check the card's benefit terms before making a claim to confirm which items and warranties qualify. The available benefit summary does not state how long coverage lasts or its dollar limit.

Purchase protection covers certain purchases against loss, damage, theft or fire. Check the card's benefit terms to see which purchases qualify and how to file a claim. The available benefit summary does not state a coverage limit.

Redeem your points for cash rewards or gift cards, as well as travel or travel credits. Choose a redemption option through your card rewards account. Cash rewards start at 2,500 points, while gift card redemptions start at 3,500 points.

Get employee cards at no additional cost. Provide cards to employees for business purchases and monitor their transactions. The no-cost feature applies to adding employee cards; purchases and any other applicable account charges remain your business's responsibility.

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

No annual fee on the Bank of America Business Advantage Travel Rewards card.

No international transaction fees while earning points on purchases with the Business Advantage Travel Rewards card.

Card transactions can sync directly with QuickBooks, letting you categorize and manage business expenses without manually entering data. Connect your account through the QuickBooks platform to enable the integration.