BofA Business Advantage Unlimited Cash Rewards Business Credit Card: Historic High $500 Bonus

【Updated 2026.3】The welcome bonus on this card has increased to $500. For a no-annual-fee business credit card, that makes it a very solid deal.

• Application link

About the BofA Unlimited Cash Rewards Business Credit Card

"Note" If this is your first time applying for a business credit card, please first read "Introduction to Business Credit Cards" carefully.

Benefits

• Extra BofA business relationship bonus, up to 75%: If you have a BofA business checking account and maintain a certain level of deposits, the cash back earned on this card can be boosted by up to 75%. See: BofA Preferred Rewards for Business overview
• 0% APR: Purchases made in the first 9 billing cycles after account opening accrue no interest, and you only need to pay the minimum payment each month. See: How to pay during a 0% APR period and Practical ways to use 0% APR credit cards

BofA card perks

• Free museum admission: On the first weekend of every month, BofA cardholders get free admission to participating museums nationwide. You can also add authorized users for family members so they can enjoy free admission too. For the list of participating museums in each state, please click here
• BofA Deal: Offers 5%-15% cash back or fixed-dollar rebates at various merchants. Some strong past deals included effectively making $70 on an AT&T purchase, 15% back at sears (capped at $25), 15% back at nordstrom rack (capped at $37.5), and an extra $5 for using any one BofA Deal. For details, see "Guide to Using BofA Deals"
• Free credit score: BofA credit cards now provide a free TransUnion credit score. See: Comparison of free credit scores

My take:

For long-term use, 1.5% cash back is only average. The $300 welcome bonus plus no annual fee used to make it decent enough. If you already have a BofA business checking account and keep a meaningful amount on deposit, then the extra 75% boost can make this card much more attractive.

Application:

• If this is your first time applying for a business credit card, please first read "Introduction to Business Credit Cards" carefully.
• If you have a BofA business checking account, it may help your approval odds, and you may also receive targeted offers with higher bonuses

• BOA application status check link, or call: (800) 732-9194
• 2/3/4 rule: at most 2 cards approved within 2 months, 3 within 12 months, and 4 within 24 months. However, BofA’s system is not very reliable, and sometimes a card may be approved at first but later shut down.
• The welcome bonus on the same card can only be received once every 24 months, and you need to make sure the card is closed before applying again>
• You need to be a Resident to apply for a BOA credit card online: when applying for a BofA credit card online, if you select Non resident alien, you will not be able to continue and must apply by phone. However, BofA’s definition of Resident alien is different from the IRS definition of Resident alien for tax purpose. No matter what immigration status you used to enter the US, if you have lived in the US for 183 days within the past two years, then select Resident Alien. If you just arrived in the US and cannot meet this requirement, follow the prompt on the online application page and call 1.800.932.2775 to apply.
• You can call the reconsideration line (888-593-6092) to speed up credit card approval or request a review of a denied application.
• More about applying for BofA credit cards

Application link: