Bank of America has been sending out targeted offers for the Cash Rewards for Business MasterCard credit card for a $500 sign up bonus after making a spend of $5,000 within a 60 day’s time span after account opening.
Essentially, you should expect to earn 3% on gas station and office supply purchases and 2% on restaurants. This may very well be the most well-balanced Business card in BankAmericard’s collection. Best thing about Bank of America’s Business cards is that they do not report to your personal credit report making it easier to slide with the 5/24 Rule from Chase.
Editor’s Note: This offer is targeted, YMMV. This offer was reportedly found when a reader logged off their Bank of America account and the offer was on the exit page.Bank of America business checking account holders will be more likely to be targeted.
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Cash Rewards for Business MasterCard Credit Card Summary:
- Maximum Bonus: $500 SC
- Spending Requirement: For the $200 SC, you must spend $500 within a given 2 months of card activation.
- Annual Fee: None
- Bonus Worth: $200
- Expiration Date: None
- Additional Advice: There is no limit to the points you can earn and points don’t expire
Cash Rewards for Business MasterCard Credit Card Features:
- No annual fee
- Earn 1% cash back on all purchases, 2% on purchases at restaurants and 3% on purchases at gas stations and office supply stores (up to $250,000 in gas station and office supply store purchases annually, 1% after that)
- Redeem your cash rewards for cash back or apply them to a Bank of America savings or checking account
- Start redeeming for cash back at $25
- Get employee cards at no additional cost to you and with credit limits you set
- Get a flexible suite of online services that adapts to your business needs with MyReport Center
- Download your transactions onto QuickBooks for easy account management
- Link your credit card to a business checking account for overdraft protection
- Schedule hassle-free electronic payments with automatic bill paymentEnjoy greater security and peace of mind with a credit card enhanced by chip technology – soon to be the security standard in the U.S. Plus, chip credit cards are accepted in more than 130 countries including Canada, Mexico and the United Kingdom
Conclusion:
If you were targeted, you will be able to earn $500 in Statement Credit when you spend $5,000 within 60 days with your new Cash Rewards for Business MasterCard® credit card. Standard bonus for this card is at $200 SC, so this is a great deal to take advantage of especially for those looking to go under the radar of the Chase 5/24 Rule. Keep in mind that this is a pretty big minimum spending requirement in a small time interval, so if you cannot make the requirement, there’s other bonuses out there. Don’t forget to check out our complete list of Credit Card Promotions today!