Platinum Plus® for Business MasterCard®

Create working capital instantly with a competitive-rate card for your small business. You’ll also get additional cards for your employees, at no extra cost with complete control over their spending limits. The Platinum Plus for Business MasterCard features no annual fee, and a 0% introductory annual percentage rate (APR).

Who it's for

• Business owners who want cards for their employees—with complete control over spending limits—and a competitive everyday APR

Platinum Plus for Business MasterCard features

• No annual fee
• Competitive everyday APR on purchases
• 0% introductory APR on balance transfers for 12 billing cycles from account opening
• After your fixed introductory rate expires, you will receive a variable APR on balance transfers and purchases, between Prime + 5.99% and Prime + 16.99%. Please note that you will lose your introductory rate if you close your account or are late with a payment.
• All payments you make will be applied to lower rate balances first
• Employee cards with spending limits you control
• Employee Misuse Insurance Protection
• Monthly employee spending reports

Apply now

Important notice:Credit is subject to approval. Credit cards are issued by FIA Card Services, N.A.

The Platinum Plus for Business MasterCard has no annual fee, a 0% introductory annual percentage rate (APR) on balance transfers, and a competitive everyday rate.

Description	Rate or Fee
Annual fee	$0
Introductory APR for balance transfers (first 12 billing cycles from account opening)	0% fixed
APR for balance transfers after first 12 billing cycles	Variable rate between Prime + 5.99% and Prime + 16.99%
Purchase APR	Variable rate between Prime + 5.99% and Prime + 16.99%
Cash Advance APR	Prime + 20.99%
Cash Advance Fee	4% including Convenience Checks. 3% (minimum $10) for Overdraft Protection advances
Balance Transfer Fee	3% (minimum $10)
Late Payment Fee	$19 for balances less than or equal to $100, $29 for balances of $100.01 – $1,000, $39 for balances of $1,000.01 – $5,000, $49 for balances greater than $5,000
Overlimit Fee	$19 for balances of $500 or less, $29 for balances of $500.01 – $1,000, $39 for balances greater than $1,000
Penalty APR	Prime + up to 23.99% (max 29.99 %)
Grace period on purchases	at least 20 days
Minimum finance charge for Purchases (unless Average Daily Balance for purchases is $0)	$1

Apply now

Important notice:Credit is subject to approval. Credit cards are issued by FIA Card Services, N.A.

Convenient account access and control

• Free Online Banking service with Bill Pay lets you access your account and pay bills online 24/7
• Bank of America Direct®—a flexible suite of online services that adapts to your business needs
• QuickBooks®-compatible for convenient account management
• Monthly statements for easy expense tracking
• Link your credit card to a business checking account for overdraft protection²
• Automatic Bill Payment lets you schedule hassle-free electronic payments
• Access to more than 6,000 banking centers and 18,000 ATMs nationwide

Security and purchase protection

• Purchase security protects most purchases against loss, damage, theft, or fire for up to 90 days³
• Extended purchase security protection doubles the manufacturer's warranty period—up to one additional year
• Liability protection against card misuse by terminated employees up to $100,000 per cardholder

Travel and emergency services³

• Up to $100,000 in travel accident insurance and auto rental insurance that covers damage to, or theft of rental cars
• 24/7 emergency cash and card replacement
• Pre-trip assistance—info about health precautions, weather reports, currency exchange rates, visas, and immunization
• Medical and legal referral assistance
• Emergency transportation assistance and toll-free emergency message services
• Prescription assistance and document-delivery arrangements
• Emergency ticket replacement, lost-luggage assistance, and emergency translation service

Other account services

• Reach dedicated customer service and small business sales specialists for advice and help 24/7
• Credit limit up to $25,000
• Savings and discounts on everyday business purchases
• Free online business workshops from Visa
• Grace period on purchases of at least 20 days

Apply now

Footnote¹Online financial services are available 365 days a year and 24 hours a day except during system maintenance and upgrades.

Footnote²If you link your Bank of America checking account to your credit card for Overdraft Protection, we will automatically transfer funds in multiples of $100 from your credit card account to cover any overdraft on your checking account, as long as your credit card account has sufficient available credit and you are not in default under your Business Card Agreement. A fee of 3% of the amount transferred ($10 minimum) will be charged to your credit card account and the cash advance will accrue interest at the APR stated in your Business Card Agreement. If the available balance on your credit card account is insufficient to cover the amount required by the overdraft (in the multiple of funds stated above), we may advance the funds even if it causes your credit card account to exceed your credit limit. In that event, an over credit limit fee will be apply. Please see your Business Card Agreement for additional details.

Overdraft Protection is not available in WA or ID.

Footnote³Certain restrictions, limitations and exclusions apply. Details available when you receive your card.

Important notice:Credit is subject to approval. Credit cards are issued by FIA Card Services, N.A.