The Bank of America is a business credit card from Bank of America. Application typically pulls a hard report from TransUnion. The annual fee is $0. The ongoing APR is 16.99% to 26.99% variable, based on personal or business creditworthiness (terms accurate as of 10/2026) after a 0% intro APR on purchases for the first 7 billing cycles following account opening (no intro rate on balance transfers) introductory rate for 9 months. Approval typically requires a credit score of Excellent credit (NerdWallet: "Requires excellent credit") or higher. Signup bonus: $500 cash rewards bonus after at least $5,000 in Net Purchases posted within 90 days of account opening (one per company). Rewards: 3% cash back in the category of your choice (Gas/EV charging (default), office supply, travel, TV/telecom & wireless, computer services or business consulting), 2% on dining, 1% on all other purchases; 3% and 2% apply to the first $50,000 in combined choice-category/dining purchases each calendar year, then 1%. Cash back: 3% cash back in the category of your choice, 2% cash back on dining purchases and 1% cash back on all other purchases. Loan terms: Revolving business credit card; due date at least 25 days after the close of each billing cycle; no interest on purchases if the entire balance is paid by the due date. This product does not report routine activity to your personal credit (only on default if a personal guarantee is required). ITIN-friendly — accepts applicants with an Individual Taxpayer Identification Number in lieu of an SSN. Soft-pull pre-qualification is available — no hard inquiry to check approval odds. Application rules: Bank of America enforces a 2/3/4 rule (max 2 cards in 2 months, 3 in 12 months, 4 in 24 months) and a 7/12 rule for prior BoA cards specifically (max 7 BoA cards in 12 months). Preferred Rewards members (qualifying balances at BoA/Merrill) get 25-75% rewards bonuses on every card..