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

If your common-carrier travel tickets are lost or stolen while you're traveling, the card's travel assistance line can help coordinate replacements with the airline or ticketing agency. Tickets must have been purchased with this card to qualify.

When you need a doctor or attorney while away from home, call the travel assistance line and they'll connect you with local professionals based on where you are. Note that this is a referral service only - it does not pay for any legal or medical expenses you incur.

If your bags go missing during a trip, the card's travel assistance line can help you track them down by working with the airline or carrier on your behalf. This is a coordination service, not an insurance benefit, so it won't reimburse you for lost items.

When you pay for a rental car with this card and decline the rental company's collision damage waiver, you get secondary coverage for theft or collision damage. Secondary means your personal auto insurance pays first, and this benefit covers remaining eligible costs. Charge the full rental to the card to activate coverage.

Cardholders are automatically covered for accidental death or dismemberment up to $100,000 when travel fares are charged to this card. Check your benefit guide for details on which transportation types are covered and any applicable exclusions.

Every purchase earns 1.5% cash back with no spending cap and no category restrictions. You can redeem your rewards as a statement credit, a check, or a direct deposit into an eligible Bank of America account.

Enroll in Preferred Rewards for Business 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 earn 2.25% cash back total on all purchases (50% bonus over the 1.5% base).

Earn unlimited cash back at an advertised rate of 2.62% per $1 spent on purchases when you qualify for Preferred Rewards for Business Platinum Honors. Use your card for purchases to earn the higher rate. You need a Bank of America business checking account and Platinum Honors membership.

Platinum Honors members of the Preferred Rewards for Business program earn 2.625% cash back on all purchases, which is a 75% bonus over the standard 1.5% rate. This tier requires $100,000 or more in combined Bank of America and Merrill business balances, evaluated on a three-month average.

If you qualify for the Gold tier of the Preferred Rewards for Business program, your cash-back rate increases from 1.5% to 1.875% on all purchases - a 25% boost. Gold tier requires maintaining $20,000-$49,999 in combined Bank of America and Merrill business balances over a three-month period.

Extended warranty coverage adds protection to the warranty on certain purchases. Use your card to buy an item with a qualifying warranty, and keep your receipt and warranty documents in case you need to file a claim. Coverage terms and exclusions apply.

Purchase protection covers certain items against loss, damage, theft, or fire. Pay for the item with your card and keep the receipt in case you need to file a claim. Check the coverage terms for qualifying purchases and exclusions.

Get employee cards at no additional cost. Give cards to employees for business spending and monitor their transactions through your account. Purchases made with employee cards are charged to the business card account.

View your Dun & Bradstreet business credit scores for free. Find them within Business Advantage 360, Bank of America's Business Online Banking platform. You'll need to log in to Business Advantage 360 to see them.

The card has no annual fee. Keep and use the card without paying a yearly charge just for having the account. Interest and other applicable fees can still apply to your account activity.