Chip Lupo, Credit Card Writer
@CLoop
The Bank of America® Business Advantage Unlimited Cash Rewards Mastercard® credit card interest rate is 17.24% - 27.24% Variable, with the exact rate depending on factors such as your income, credit history and existing debt. This Bank of America Unlimited Cash Rewards Business Card interest rate is variable, meaning it can change based on certain economic conditions.
The Bank of America Unlimited Cash Rewards Business Card also offers new cardholders an introductory interest rate of 0% for 9 billing cycles on purchases. After the card’s intro rate expires, the regular interest rate applies to any remaining balance. In addition, there are a few other Bank of America Unlimited Cash Rewards Business Card interest rates you should be aware of.
Bank of America Unlimited Cash Rewards Business Card Interest Rates
- Regular APR: 17.24% - 27.24% Variable
- Intro Purchase APR: 0% for 9 billing cycles
- Cash Advance APR: 28.24% Variable
The Bank of America Unlimited Cash Rewards Business Card gives you a grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card's payment due date. You won't owe any interest if you pay your balance in full during that timeframe. Should you decide to carry a balance on your Bank of America Unlimited Cash Rewards Business Card, it will accumulate interest daily at the card's regular APR.
You can learn more by reading WalletHub’s guide to credit card interest rates.
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