Bank of America Business Advantage Unlimited Cash Rewards $500 Signup Bonus

Update 11/4/23: Public link with $500 bonus after $5,000 spend (ht Elliot)

Original Post 10/21/23:

Bank of America has launched the Business Advantage Unlimited Cash Rewards credit card as rumored. Card offers the following:

Sign up bonus of $300 after $3,000 in spend within 90 days of account opening ($500 bonus after $5,000 in spend available via small business bankers. Stefan at Rapid Travel Chai can help with an introduction).
Card earns 1.5% cash back on all purchases. Up to 2.62% back with 25 – 75% for Business Preferred Rewards clients.
No annual fee

William Charles

On November 4, 2023, 21:57

Tags: bank of americabank of america unlimited cash rewardsbig

View Comments (231)

Josh says:

December 10, 2024 at 20:12

My card shows up in my "personal" BoA account. How do I create a separate business login / profile with BoA to manage?
Josh says:

December 10, 2024 at 19:56

$750 targeted. Just clicked on the banner/image on the lower right hand after logging in - "Welcome back. Your credit card offers await"
Ben says:

December 9, 2024 at 13:18
- Applied using the $500 SUB link and was automatically declined (due to too many recent requests for credit).
- Called recon and was able to resubmit application with a reallocation of credit from an existing business card.
- Was rejected again after manual review for already having / opening the maximum number of Business Unlimited Cash cards within a set period of time.
- I wasn't told the precise timeframe, but I currently have 2 Unlimited Cash cards that were opened within the past 12 months.
cameron says:

December 4, 2024 at 15:39

True? "One $500 statement credit allowed per company."
Churn says:

November 23, 2024 at 20:04

The public deal for 5k spend and $500 reward is still active, correct? I see in the fine print that it still says $500, however, I just want to be cautious.
Doug says:

November 15, 2024 at 22:37

I got a targeted $750 bonus for $5000 spend. Existing business checking and CD with them.
- Doug says:
  
  November 17, 2024 at 22:12
  
  Approved 20k. Rejected for 2nd Ink twice, so tried this one.
  - minskoff says:
    
    November 23, 2024 at 11:21
    
    Doug, I have a similar setup, how did you get targeted (email, app, banker)?
    - Doug says:
      
      December 3, 2024 at 12:55
      
      It appeared in the "offers" tab when logged in on the website.
007 says:

November 5, 2024 at 20:39

Bank account funding ok to meet minimum spend?
- Matt says:
  
  November 10, 2024 at 07:40
  
  Yes, that's generally 100% of how I meet spending on BoA cards anymore.
  - 007 says:
    
    November 10, 2024 at 09:01
    
    Thanks!
VisionsChurn says:

November 5, 2024 at 16:47

How strict are they with the amount of credit cards you opened in the past year? I opened around three last year. Thoughts?
007 says:

November 1, 2024 at 15:59

Link still works. Have biz checking for bonus and 1-2 year old biz ccr with $8k CL. Applied and instantly approved with $30k (!) CL. Tried to call to expedite card but they said too soon call back tue or wed.
Brian R says:

October 31, 2024 at 16:09

Based on the DP from vic torr below, I applied and was instant approved using the old $500 link at the top of the page, with $11k CL.
Applied as existing customer.
I have an existing Business Advantage Cash Rewards cc (since 2/23), with $3.3k CL, sitting at zero balance, so this is the same card and same promo (500/5,000) a second time
I also have $30k parked in the B of A business checking account for the current $1k promo

I applied for this card twice since 6/23 and was denied instantly each time. Currently at 4/24