We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.
Here’s an easy way to earn a pair of Ben Franklins!
Bank of America has introduced a new small business credit card, the Bank of America® Platinum Visa® Business credit card. You’ll get a $200 statement credit after you spend $500 in purchases within the first 60 days of account opening. And the card has no annual fee!
Emily and I don’t get a commission on this card, but we’ll always let you know when a new deal pops up!
I’ll give you the details of this new offer.
Bank of America Platinum Visa Small Business Card
I’m always excited to see banks introduce a new credit card into the marketplace. It gives us another opportunity to earn a welcome bonus, and it causes other banks to create more cards to stay competitive!
The Bank of America Platinum Visa Small Business card is a pretty vanilla card that comes with a $200 statement credit after spending just $500 in purchases on the card within the first 60 days of account opening.
The card also comes with:
- Additional employee cards at no extra cost
- NO annual fee
Is This a Good Deal?
This new credit card does NOT come with a list of spectacular benefits. The card doesn’t offer any rewards for ongoing spending. But the $200 statement credit welcome offer is pretty decent for a card with no annual fee.
If you’ve been a miles & points hobbyist for a while, you probably already have lots of cards from other banks, like AMEX, Chase, and Citi. So this could be a good card for you.
Bank of America small business cards have historically NOT counted against your Chase “5/24 rule” status. So opening the Bank of America Platinum Visa Small Business card should NOT adversely impact your chances of being approved for valuable Chase cards later!
And remember, you don’t need a million dollar corporation to qualify for a small business card. If you have a for-profit venture, like babysitting, coaching, freelance writing, or selling items on eBay, you have a small business!
Bank of America has just released its latest credit card, the Bank of America® Platinum Visa® Business credit card.
You’ll earn a $200 statement credit after spending just $500 in purchases on the card within the first 60 days of account opening. Its benefits do NOT give you much incentive to keep using the card. At least it has no annual fee.
Emily and I don’t earn a commission on this card, but we’ll always tell you all your options for earning credit card rewards!