95,000 Points
Worth $950
After you spend $1,000 on purchases on your new card in your first 3 months of card membership.
- 3%Sonesta
- 2%Airline
- 2%Dining
Annual Fee
$75
Rec. Credit
Good
Bank of America
Platinum Plus® Mastercard® Business
The Platinum Plus® Mastercard® Business is built for business owners who need a straightforward credit line more than they need rewards or travel perks. It functions as a basic spending and financing card, not an everyday card for maximizing return on purchases.
Annual Fee
$0
Rec. Credit Score
Excellent
Good For
Basic business financing
All information about Platinum Plus® Mastercard® Business has been collected independently by MaxRewards. Platinum Plus® Mastercard® Business is no longer available through MaxRewards.
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Overview
Is the Platinum Plus® Mastercard® Business worth it?
This card is great for...
Short-term business purchases
Simple expense separation
No annual fee account
This card is worth considering if your main goal is keeping business spending separate from personal expenses and you want a $0 annual fee card without extra complexity. For a small business that values simplicity and may occasionally carry a balance, that can be enough reason to keep it in the wallet.
For most business owners, though, the case for this card is limited. There is no welcome bonus, no ongoing rewards, and no listed perks to add value over time. If you pay your balance in full and use your card regularly, a business card with cash back or travel rewards will usually give you much more from the same spending.
MaxRewards Verdict
This is a fit for business owners who want a no-frills card for basic purchasing and expense separation. If you care about earning rewards or getting meaningful card benefits, you will likely outgrow it quickly.
Eligibility
Recommended Minimum Credit
Min: Excellent
Poor
Fair
Good
Excellent
Excellent credit or higher is recommended for this card.
Credit approval is not guaranteed. Meeting the recommended credit range does not ensure approval, and applicants with lower scores may still be considered.
Pricing
Rates & Fees
Annual Fee
$0
Purchase APR
14.74% - 25.74%
Variable
Transfer APR
14.74% - 25.74%
Variable
Cash Advance APR
27.74%
Variable
Foreign Transaction Fee
None
Opinions, reviews, analyses & recommendations are MaxRewards' alone, and have not been reviewed, endorsed or approved by any of these entities.
Other cards from Bank of America
See all 42 cards
80,000 Points
Worth $800
After you spend $5,000 on purchases on your new card in your first 3 months of card membership.
- 3%Alaska Air
- 3%Hawaiian Air
- 2%EV Charging
Annual Fee
$95
Rec. Credit
Excellent
75,000 Points
Worth $750
After you spend $5,000 on purchases on your new card in your first 3 months of card membership.
- 2%Dining
- 2%Travel
- 1.5%Everywhere
Annual Fee
$550
Rec. Credit
Good