Platinum Plus® Mastercard® Business Card from Bank of America – A Smart Credit Tool for Growing Businesses

The Platinum Plus® Mastercard® Business Card from Bank of America isn’t about points or perks—it’s a no-nonsense financial tool for business owners who want a low-cost line of credit to manage cash flow, make large purchases, or build credit history.

It’s perfect for startups or established small businesses that prioritize credit flexibility and simplicity over rewards.

• 0% introductory APR on purchases for the first 7 billing cycles
• After that, a competitive variable APR (based on creditworthiness)

This intro offer makes it a strong choice for buying inventory, equipment, or covering short-term business expenses without immediate interest burden.

• $0 annual fee

You pay $0 annual fee, making this card cost-effective for business owners who want financial flexibility without overhead charges.

It’s a solid pick if you’re avoiding fees while building a credit profile.

• Issue free employee cards
• Set spending limits per employee
• Track individual and team expenses online
• Get separate statements for each cardholder if needed

This gives you total control over team spending—a must-have for growing operations.

• Download transactions into QuickBooks™ or Excel
• View categorized spending summaries
• Monitor and export year-end financial reports

This helps simplify your tax filing, budgeting, and business accounting—all in one dashboard.

• Purchase protection and extended warranties
• Travel and emergency assistance services
• Auto rental insurance (when used to book and pay)
• Mastercard Global Service® for lost/stolen card help, anytime

These extras offer peace of mind whether you're traveling for business or making major equipment purchases.

Unlike many business cards, this one does not offer cash back or points.

Why is that a plus? Because it’s:

• Easier to track and manage

• Focused on low costs and credit access

• Ideal for owners who don’t want to chase categories or redemptions

It’s designed purely to support operations—not distract with gimmicks.

• Zero liability for unauthorized charges
• Chip technology for enhanced in-store security
• Real-time alerts for suspicious activity
• Mobile banking access to manage cards on the go

You’re in control—24/7 account visibility and security come standard.

• Startups or small businesses looking to build credit
• Business owners who don’t need rewards but value APR savings
• Companies wanting employee spending control
• Entrepreneurs seeking a reliable business credit line with no annual fees

• Applications can be submitted via: Bank of America website, in-branch, phone, or mobile app
• Requirements include: A legal business entity (LLC, Corp, Sole Prop, etc.), business income information, and EIN
• Good to excellent personal credit recommended (typically 700+)