Bank of America has increased the sign up bonus to $200 on two of their business credit cards, I haven’t been able to find a none affiliate link for either of these offers unfortunately. Let’s take a look at both offers.
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WorldPoints Travel Rewards for Business Visa credit card
- Receive 5,000 bonus points upon first use
- Receive a $200 statement credit when you spend $500 or more within 60 days of account opening
- Card earns at the following rates:
- 3x points per $1 spent on purchases booked through Bank of America Travel Center, excluding insurance purchases (these earn 1.5x points)
- 1.5 points per $1 spent on all other purchases
- No annual fee or international transaction fees
- Introductory APR of 0% on purchases for first 9 billing cycles
The sign up bonus on this card is usually $100 (and the 5,000 points bonus after first use). Points are worth 1¢ each when redeeming for statement credit and up to 1.76¢ when redeeming for airfare, unfortunately this higher rate on airfare is being eliminated this November.
Cash Rewards for Business MasterCard credit card
- $200 statement credit when you spend $500 or more within 60 days of account opening
- No annual fee
- Card earns at the following rates:
- 3% back on gas stations and office supply stores (up to $250,000 annually)
- 2% back at restaurants
- 1% back on all other purchases
Obviously not as good as the above deal unless you value the cash back categories (and I don’t think you should as it’s possible to earn better on gas stations, office supply stores & restaurants with other cards).
How To Get These Offers
As I’ve said, I don’t know of any direct links to these offers. Third party sites such as creditcards.com & cardbenefits.com have links to these offers and most bloggers with that use credit card affiliate links will have a link to creditcards.com on their site (it’s usually a banner). If you click ‘card type’ and then ‘business credit cards’ both offers should show up. Remember to support bloggers that provide useful information to you. We don’t use these links, you can read our reasons why here. There might also be direct affiliate links available.
Our Verdict
Bank of America credit cards are interesting because you can get multiples and the inquiries combine (keep in mind that usually personal & business inquiries won’t combine). These are also one of the better cash sign up bonuses. The personal $200 offer on their cash rewards cards are always popular because of this. Bear in mind that if you have a BofA checking account, the signup bonus is actually $220 (or $275) since you get a 10% relationship bonus. This isn’t the case with these offers as they are for statement credit and not cash back.
Before applying/asking questions, please read this list of 20 Things Everybody Should Know About Bank of America Credit Cards – as it will usually answer your questions.
Thanks to reader Josh J for letting us know about these offers