Business Advantage Travel Rewards: No Foreign Transaction Fees and Simple Travel Rewards
Earn 3X points on travel purchased through Bank of America Travel Center and 1.5X points on all other purchases with no annual fee, redeem for travel and dining with statement credits, and avoid foreign transaction fees on international spending.
The Bottom Line
4.4
BIG4CREDIT RANKING
Our 5-star rating is based on Big4credit’s independent, data-driven scoring system.
Each card is evaluated across multiple weighted categories – including rewards,
fees, welcome offers, 0% intro APR, ongoing APR, perks, benefits, and protections.
Ratings are determined solely by our research and analysis and are never influenced
by card issuers or advertisers. Read about our ranking system in the
Credit Card Ranking & Methodology section.
The Business Advantage Travel Rewards World Mastercard® credit card is a strong no-annual-fee business travel card for small business owners who want simple travel rewards and flexible redemptions. It earns 3X points on travel purchased through Bank of America Travel Center and 1.5X points on all other purchases, offers no foreign transaction fees, and allows points to be redeemed for a wide range of travel expenses and dining, making it easy to earn and use rewards without managing bonus categories. The card becomes even more valuable for businesses enrolled in the Bank of America Preferred Rewards for Business program, which can significantly boost earning rates. Additional benefits such as travel protections, employee cards, and business management tools further enhance its appeal for growing businesses. The downside is that the card lacks premium travel perks such as airport lounge access, hotel elite status, or transferable travel partners. Businesses focused on maximizing rewards in specific spending categories may also find greater value with a category-based rewards card. Overall, this card works best for small business owners seeking simple travel rewards, no annual fee, no foreign transaction fees, and the potential for enhanced value through Bank of America’s business banking relationship programs.
Business Advantage Travel Rewards
Apply now
On Bank of America's Secure Website
Annual fee:
$0
Intro APR
Purchases: 0%, 7 billing cycles
Balance Transfers: N/A
Regular APR
16.99% - 26.99%
Credit Score
670-850 (Good/Excellent)
Rewards Earn 3X points on travel purchased through Bank of America Travel Center, plus earn unlimited 1.5X points on all other purchases.
1.5x - 3x Points
Welcome Offer Earn 50,000 points after spending $5,000 in the first 3 months.
50,000 Points
Welcome Offer
Earn 50,000 points after spending $5,000 in the first 3 months.
Rewards
- 3X Points on travel purchased through Bank of America Travel Center.
- 1.5X Points on all other purchases.
Redemption Options
Redeem points for statement credits on travel and dining, or book travel with no blackout dates through the Bank of America® Travel Center.
Fees and APR
- Annual Fee: $0.
- 0% Intro APR on Purchases: For 7 months from account opening.
- Regular APR: After the introductory period, a variable APR of 16.99% - 26.99% applies to purchases and balance transfers.
- Paying late won’t raise your APR.
- Balance Transfer Fees: 5% of each transfer amount.
- Foreign Transaction Fee: None.
Bank Relationship Benefits
- Preferred Rewards for Business Eligibility: Enroll in Preferred Rewards for Business with an eligible Bank of America® business checking account and qualifying combined balances of at least $20,000 (Gold), $50,000 (Platinum), or $100,000 (Platinum Honors).
- Preferred Rewards For Business Members: If you’re enrolled in Bank of America Preferred Rewards for Business, you can earn up to 75% more cashback.
- Not Enrolled: No rewards bonus
- 3X Points on Travel (BofA Travel Center)
- 1.5X Points on all other purchases
- Gold Tier: 25% rewards bonus
- 3.75X Points on Travel (BofA Travel Center)
- 1.87X Points on all other purchases
- Platinum Tier: 50% rewards bonus
- 4.5X Points on Travel (BofA Travel Center)
- 2.25X Points on all other purchases
- Platinum Honors Tier: 75% rewards bonus
- 5.25X Points on Travel (BofA Travel Center)
- 2.62X Points on all other purchases
- Not Enrolled: No rewards bonus
Travel Protections
- Travel Accident Insurance: Receive up to $1,000,000 in coverage for accidental death or dismemberment while traveling on a common carrier when you pay with your card.
- Car Rental Coverage: Provides reimbursement for theft and collision damage when you decline the rental company’s coverage and pay for the rental in full with your card.
Travel & Emergency Assistance
- Emergency Ticket Replacement: Assistance with replacing lost or stolen tickets, including help working with your carrier. Replacement costs are your responsibility.
- Lost Luggage Assistance: Assistance with tracking lost luggage, filing claims with your carrier, and arranging replacement items if needed (costs not covered).
- Medical Referral Assistance: Get help finding local doctors and hospitals, coordinating care, and staying in touch with family while traveling (costs not covered).
- Legal Referral Assistance: Help finding legal support and coordinating assistance abroad (costs not covered).
Convenience Features
- Digital wallet compatible: Apple Pay®, Google Pay™, Samsung Pay.
Business Tools & Integrations
- Free Employee Cards: Add employee cards at no additional cost and easily track business spending across all cardholders.
- Cash Flow Management Tools: Automatic payments, fund transfers, and QuickBooks integration to simplify business accounting.
- Business Credit Score Access: View your Dun & Bradstreet business credit scores for free through Business Advantage 360 to monitor and manage your business credit.
Ratings
- Net Value & Cost Efficiency: 6.7/10
- Rewards & Earnings Power: 8.3/10
- Welcome Bonus Value: 8.0/10
- First-Year Earning Boost: 0/10
- APR & Interest Structure: 6.5/10
- Simplicity & Transparency: 9.5/10
- Perks, Benefits & Protections: 2.7/10
- Issuer Credibility & Stability: 7.2/10
- Installment & BNPL Features: 0/10
- Eligibility & Approval Accessibility: 7.5/10
Big4Credit ratings are based on our independent analysis of each card’s features, value, fees, rewards, and benefits. Card issuers do not influence our ratings.
Terms and Conditions
- Click Apply Now to see the terms and conditions.