Bank of America Business Advantage Cash Rewards Card Calculator

Card Details & Bank of America Cash Back Calculator
3%/1% Gas Station
3%/1% Office Supply Store
3%/1% Travel
3%/1% TV, Telecommunication, and Wireless
3%/1% Computer Services
3%/1% Business Consulting Services
2% Dining
Business Advantage Relationship Rewards

Review the benefits of the Bank of America Business Advantage Cash Rewards Card and calculate how much cash back you can earn based on your spend.


If you currently do business with Bank of America, the Bank of America Business Advantage Cash Rewards Mastercard could be a great choice. It allows you to choose one category from a list of six every quarter in which you can earn 3% cash back spending in. This allows you to focus the rewards on a specific category. On top of that, Business Advantage Relationship Rewards can give you a 25% to 75% boost. This means you can earn up to 5.25% spending in the category of your choosing, 3.5% on dining, and 1.75% cash back in all other categories which is superb considering this card has no annual fee.

Bonus Categories

The Bank of America Business Advantage Cash Rewards Mastercard features six bonus categories that you can choose between to earn bonus cash back. Those categories are gas station, office supply store, travel, TV/wireless, computer services, and business consulting service purchases. You will be able to earn bonus cash back on your selected category up to the first $50,000 per quarter. Once the cap for the category is hit, the category you selected will earn at the non-category rate for the remainder of the year. The Bank of America Business Advantage Cash Rewards Mastercard also features dining as a standard bonus category. There is no cap on the dining category.

  • 3%/1% Gas Station
    • Selectable 3% Category; If not selected, you'll earn 1%.
  • 3%/1% Office Supply Store
    • Selectable 3% Category; If not selected, you'll earn 1%.
  • 3%/1% Travel
    • Selectable 3% Category; If not selected, you'll earn 1%.
    • Includes airline tickets, car rentals, hotels, and rideshare services.
  • 3%/1% TV, Telecom and Wireless
    • Selectable 3% Category; If not selected, you'll earn 1%.
    • Includes communication and media entertainment expenses like cable, satellite TV and radio, hardline phone, mobile phone and online music services.
  • 3%/1% Computer Services
    • Selectable 3% Category; If not selected, you'll earn 1%.
    • Applies to network services, computers and computer equipment including software, integrated system design and data processing services.
  • 3%/1% Business Consulting Services
    • Selectable 3% Category; If not selected, you'll earn 1%.
    • Applies to consulting, public relations, legal, accounting, tax preparation and general and professional consulting services.
  • 2% Dining
  • 1% Non-Category

Perks & Benefits

The Bank of America Business Advantage Cash Rewards Mastercard Calculator features the Business Advantage Relationship Rewards bonus which grants bonus points based on your Bank of America relationship.

  • Business Advantage Relationship Bonus
    • Earn a 25% to 75% bonus based on your 3-month average in combined balances between your Bank of America business account, Merrill Edge business investment account, and Merrill Lynch business investment account.
    • Bonus is based off of the earning rates, so a 75% boost to the 3% category would knock it up to 5.25% cash back.
    • This benefit also comes with other perks such as waived banking fees, merchant service bonuses, Business Advantage Savings interest rate boost, and much more.
Business Advantage Relationship Rewards
Tier Balance Requirement Bonus
Gold $20k to <$50k 25% Bonus
Platinum $50k to <$100k 50% Bonus
Platinum Honors $100k+ 75% Bonus

Sign Up Bonus (SUB)

The Business Advantage Cash Rewards sign up bonus is a $200 statement credit bonus after making at least $500 in net purchases in the first 60 days of your account opening. This card also typically comes with a 0% introductory APR period.

Fees

Annual Fee

The Business Advantage Cash Rewards Card does not have an annual fee.

Authorized User Fee

There is no fee for adding authorized users to the Business Advantage Cash Rewards Card. If you have employees, family, or friends that spend in these categories, I would recommend adding them to maximize cash back!

Foreign Transaction Fee

The foreign transaction fee for the Business Advantage Cash Rewards Card is 3%. Using this card outside of the United States will drain the value of your rewards so be sure not to use this card for international spend.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any other rewards card side-by-side by clicking on the Compare A Card button.
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Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value, +/- Categories to add and remove categories from the list, and Options to copy spend between columns and clear all spend.
Categories
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Options
Add Categories
Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
Type at least 3 characters.
Currently Selected:
Add Categories On Card Change
When you add/change a credit card comparision, the categories missing from the newly added card will be added to the list of categories. Toggle this off to prevent such from happening.
Clear Spend/Mobile
Clear All Spend will clear the spend in all categories in both columns and all saved values (cookies). Clear Mobile will remove the mobile pay option from all categories in both columns.
Copy Spend
Copies all spend amounts and their units of time from one column to the other. Does not copy mobilepay indicator.
Total Earnings
The sum of all spend and bonuses above this line and the cash value of it all.
From Spending
From Bonuses
From Loyalty
Cash Value
Cash value of total earnings based on currency worth.
$0
Monetary Bonuses & Fees
Cash bonuses, annual fees, authorized user fees, and any other listed fees.
Monetary Bonuses
Annual Fee
Auth User Fee
Cash Bonuses
Annual Fee
Auth User Fee
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card based on spend, benefits, and fees.
$0
Total Return
The percent you are earning based on spend, earnings, and fees.

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