Bank of America Business Advantage Customized Cash Rewards review: Earn more rewards on your top expenses

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Skip to navigationSkip to main content':"";if(r){var a=n.promos.showYahooLogo?"":"yns-no-logo";r=r.replace("{notifOnboardBtnLabel}",n.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",n.promos.notifOnboardMsg).replace("{subscriptionTopic}",n.promos.subscriptionTopic).replace("{noLogoClass}",a).replace("{promoLogo}",n.promos.promoLogo)}var s=t.newCount>n.panel.maxCount?t.newCount:"",c=n.panel.notificationCenterPath,l=c?"":R,u=n.panel.headerMsg?"":" "+R,d=c?U:"",p=void 0;t.count?p=t.markup:p='{emptyPanelMsg}'.replace("{emptyPanelMsg}",n.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",r).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",d).replace("{headerMsg}",n.panel.headerMsg).replace("{hideHeaderClass}",u).replace(/{notificationCenterNavMsg}/g,n.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:"render",value:function(e,t){var n=this;if(n._panelNode){var o=void 0,i=n._panelNode,r=void 0,a=void 0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',a=n._store.getNotifications(),r=n._generatePanelMarkup(o,a),i.innerHTML=r;break;case"error_panel":r=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=r}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var r=i._config.panel;i._panelParentNode=document.querySelector(r.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return C(e,[{key:"createPanelParentNode",value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(P)}},{key:"refreshPanelNode",value:function(e,t){var n=this;M(n._notifPanelNode,B),n._store.fetchNotifications(e,(function(e,o){var i=window.wafer&&window.wafer.base;i&&i.destroy(n._notifPanelNode),e?n._notifPanelNode.innerHTML||(n._view.render("error_panel"),M(n._notifPanelNode,B)):(n._view.render("expanded_panel"),n._view.updateBadgeNode(n._badgeNode),n._showBadge(),n._showIndicator(),n._view.addStyles(o.css)),I(n._notifPanelNode,B),i&&i.sync(n._notifPanelNode.parentNode),t&&t(e,o)}))}},{key:"resetBadge",value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),M(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?M(this._indicatorNode,this._config.panel.indicatorClass):I(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?I(e._badgeNode,e._config.badge.hideClass):M(e._badgeNode,e._config.badge.hideClass)}}]),e}(),F={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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See our Advertiser Disclosure.Lee HuffmanUpdated Mon, June 1, 2026 at 8:26 PM GMT+2 10 min readAs a business owner, a great cash-back credit card can help you save money on the costs you incur most often. A cash-back card like the Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card goes one step further, allowing you to choose which category you earn top rewards in based on where you spend most.Bank of America Business Advantage Customized Cash Rewards overviewAnnual fee$0Welcome offerGet a $500 online statement credit after spending at least $5,000 within the first 90 daysPurchase APRSee issuer site for current APRIntroductory APR0% intro APR on purchases for the first 7 billing cycles (variable APR applies after that; see issuer site for current APR)Rewards rate3% cash back* in the category of your choice: gas stations and EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services, or business consulting services2% cash back* on dining purchases1% cash back on all other purchases*Earn 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, then earn 1%All information about the Bank of America Business Advantage Customized Cash Rewards Mastercard has been collected independently by and is no longer available through Yahoo FinanceBenefitsEarn up to 75% more cash back on every purchase if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tierRedeem your cash rewards as a deposit into your Bank of America checking or savings account, as a card statement credit, or as a check mailed to youAll information about the Business Advantage Customized Cash Rewards Mastercard has been collected independently by and is not available through Yahoo Finance.How to earn rewardsThe Business Advantage Customized Cash Rewards card offers tiered cash back in different spending categories:3% cash back in your choice category2% cash back on dining1% cash back on all other purchasesThe 3% and 2% bonus rewards apply to the first $50,000 in purchases across both categories. You can choose the 3% bonus category that best fits your spending from six different options:Gas stations and EV charging stations (this category is the default)Office supply storesTravelTV, telecom, and wirelessComputer servicesBusiness consulting servicesYou may change your choice category once per month; otherwise, the category remains the same.In addition to 3% rewards, you’ll earn 2% cash back on dining. But remember: The $50,000 annual spending cap applies to your combined spending in both the 3% and 2% categories. All non-category purchases and your purchases after reaching the $50,000 max earn 1% cash back.Related: Best credit cards for gas stationsPreferred RewardsIf you already bank with Bank of America, you can potentially boost your cash-back rewards even more with Preferred Rewards.With an eligible Bank of America business checking account and a qualifying balance across all your eligible Bank of America business deposit accounts or Merrill business investment accounts, you can get Preferred Rewards benefits — which include boosted cash-back earnings on the Business Advantage Customized Cash Rewards card.Depending on your balance, you may qualify for a 25%, 50%, or 75% points boost. At the highest tier, that’s equal to up to 5.25% cash back in your choice category, up to 3.5% on dining, and 1.75% on everything else.Maximizing rewardsTo best maximize your Business Advantage Customized Cash Rewards card, make sure you choose the 3% category where you spend most each month. Then, consider how your total rewards may vary depending on how you divide your spending between 2% and 3% bonus categories.Maybe you have several computer service subscriptions for things like software, data processing, or cloud services, and max out the $50,000 spending threshold from that category alone. That would give you a total of $1,500 in annual cash back (before any additional 1% cash back earnings).However, this can change for different business needs. Maybe your business requires frequent client visits, so you select gas stations as your 3% category. But you also use your card on restaurant meals with clients, and your $50,000 each year is split closer to $20,000 in the 3% gas category and $30,000 in your 2% dining category. In this situation, you’d end up with a slightly lower $1,200 in annual rewards across both categories (before an additional 1% cash back).How to redeem rewardsThis Bank of America business credit card offers simple redemption options for your cash-back rewards. If you have business bank accounts with Bank of America, you can deposit cash rewards into a checking or savings account. You can also get a statement credit toward your credit card account. Alternatively, you can request that a check be mailed to you so you can deposit it with another bank.Your cash-back rewards do not expire as long as your credit card is open and in good standing. This means that there's no rush to make a choice for redeeming rewards. However, there's no benefit to waiting either. A good strategy is to redeem rewards frequently to reduce debt, boost savings, or use the money to grow your business.Read more: Best rewards credit cardsAdditional info about the Business Advantage Customized Cash Rewards MastercardOther benefits are limited, but you will get a few perks to help protect your purchases and manage your business spending:Cash flow management tools. Use Bank of America's complimentary tools to make automatic payments and transfers to other accounts. Account activity can be downloaded into Quickbooks to reduce manual entry.Free business credit score. View your business credit score from Dun & Bradstreet for free through the bank's online dashboard.Overdraft protection. Link the Business Advantage Customized Cash Rewards credit card to your checking account for overdraft protection. This service can avoid declined purchases and returned checks.Travel accident insurance. When you use your Bank of America business credit card to book travel,