Business Advantage Unlimited Cash Rewards

With no annual fee and a substantial $500 welcome bonus, this card offers clear value for small business owners whose expenditures fit neatly into the available 3% bonus categories. Companies that spend regularly on office supplies, TV and telecom services, computer services, or travel can capture solid returns on up to $50,000 in combined choice and dining purchases each year. Existing Bank of America business checking clients can increase these returns even further through the Preferred Rewards for Business program.

The card is less effective if your business expenses fall outside the bonus categories or exceed the $50,000 yearly cap. A 3% foreign transaction fee also makes it a poor choice for international travel or international suppliers. For domestic companies with focused spending in a single major operating area, the zero-dollar annual fee and customizable bonus system provide a dependable return on daily operations.