The best Bank of America business credit card really depends on what you’re looking for. If you want a quick rewards score, it’s hard to go wrong with the Platinum Visa Business Card, which currently offers a $200 statement credit for spending at least $500 within 60 days of account opening. But it doesn’t offer ongoing rewards. So if you want a longer-lasting solution, you may want to consider one of the Business Advantage cards. Same goes for folks interested in 0% purchases, as the Business Advantage rewards cards actually offer the longest 0% intro terms of any BofA business credit cards.
Needless to say, there’s a lot that goes into identifying the right credit card. So to help clarify things a bit, WalletHub’s editors picked their favorite cards by category, which you can find summarized below.
Here are the best Bank of America business credit cards:
|Best For…||Card Name||Annual Fee||Rewards||Intro Purchase APR||Min. Credit Required|
|Initial Bonus||Platinum Visa® Business Credit Card||None||Cash back (bonus only)||0% for 7 months||Excellent|
|Gas & Office Supplies||Business Advantage Cash Rewards Mastercard® credit card||None||Cash back||0% for 9 months||Excellent|
|Travel Rewards||Business Advantage Travel Rewards World Mastercard® credit card||None||Points||0% for 9 months||Excellent|
|Good Credit||Alaska Airlines Business Credit Card||$75||Miles||Not Offered||Good|
Finally, if you happen to belong to the Airport Owners and Pilots Association (AOPA), you should definitely check out the AOPA Business Credit Card. That doesn’t mean you should automatically apply for it, though.
Limiting yourself to cards from a single issuer usually isn’t wise, as it’s a recipe for missing great deals. So we recommend comparing your favorite Bank of America business credit card to the best business cards from other issuers. You may also want to consider consumer cards in certain situations, such as when you don’t plan to pay your balance in full every month.
Finally, as you can see above, BofA business credit cards all require good credit or better for approval. And it’s your personal credit standing that matters. So it’s a good idea to check your latest credit score for free on WalletHub to confirm that you can qualify.