The Bank of America Platinum Visa Business credit card has an introductory sign up bonus offer of: $300. Even though this isn’t the best welcome bonus there is to offer, it’s still a good one to have for a card with no annual fees attached.
This credit card has no additional offers like ongoing rewards or benefits. The Bank of America Platinum Visa Business is marketed as a credit card that has a very competitive APR purchase rate with a 0% introductory APR.
Platinum Visa Business Card Quick Facts
| Bonus Available | Receive $300 as statement credit once you make a minimum of $3,000 in expenses in the first 90 days of opening your account. |
| Bonus Value | $300 |
| Ongoing Rewards/Benefits | Get unlimited employee cards at no extra cost. Relatively competitive purchase APR. |
| Foreign Transaction Fees? | 3% |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score)
720 – 850 (Excellent)
*If interested see our list of Bank of America bonuses for Checking & Savings accounts.*
Pros
- No annual fee
- Welcome bonus
- Free employee cards
Cons
- Excellent credit needed to qualify
- No ongoing rewards
- No noteworthy perks
- Foreign transaction fees
Editor’s Alternate Pick
 The Ink Business Unlimited® Credit Card offers $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. You'll earn an unlimited 1.5% cash back on every purchase made for your business and you'll receive employee cards at no additional cost. This card carries no annual fee. |
Platinum Visa Business Card $300 Sign Up Bonus
Make use of the Platinum Visa Business card’s statement credit offer of: $300. You must charge your card with a minimum of $3,000 in the first 90 days of having your account open to be able to qualify for this sign up bonus offer.
This would be a good bonus offer if you compare it to other credit cards that have no annual fees included. See our list of amazing credit card bonus offers here.
Here are some ideas on meeting the spending requirement:
Platinum Business Visa Card Top Features
Include unlimited employee credit cards into your account with no additional charges. With these cards you will be able to limit how much can be spent on that credit card. This way you’ll be able to manage your company’s finances.
You’ll be able to track your account online at any time with protected online mobile banking. This will allow you to simply manage your business finances with the following online services such as:
- Automatic payments
- Money transfers
- Transaction downloads to QuickBooks
Travel protections include the following:
- $100,000 for travel accident insurance
- $100,000 in auto rental insurance
- Get an emergency ticket replacement
- Receive assistance for lost luggage
Purchase protections such as:
- No liability protection towards unauthorized expenses
- Get extra protection for fraud by terminated employees
- Receive protection for majority of your expenses for loss, damage, theft, or fire
- Fraud monitoring
Bottom Line
Using the Bank of America Platinum Visa Business credit card will only be able to offer you a $300 welcome bonus. Besides this welcome bonus offer, their other benefits are pretty average with other credit card offers.
However, compared to other business credit card offers, it would be easier to get cash back with a card that will offer more rewards for business purchases. This will benefit you much more using these other cash back cards.
(Visit Bank of America for more information)
What’s the Competition?
There are some of Bank of America Platinum Visa Business credit card’s top competitors listed below.
The Ink Business Unlimited® Credit Card offers $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. You'll earn an unlimited 1.5% cash back on every purchase made for your business and you'll receive employee cards at no additional cost. This card carries no annual fee. |
 The Ink Business Cash® Credit Card offers $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. You'll earn: • 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year • 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year • 1% cash back on all other card purchases with no limit to the amount you can earn. This card comes with no annual fee. You'll be able to take advantage of employee cards at no additional cost. |
 The Capital One Spark Cash Select offers $500 Cash Back once you spend $4,500 on purchases within the first 3 months from account opening. You'll earn: • Unlimited 1.5% cash back could mean thousands of dollars each year going back into your business with no categories to limit your purchasing. • Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel This card comes with no annual fee and employee cards at no additional cost. |
