Business Advantage Unlimited Cash Rewards Secured Mastercard®
A no-annual-fee business card from Bank of America.
Rates, fees, and full terms are set by Bank of America and can change. See current rates & fees on the issuer’s site, and always confirm the latest terms before applying.
Our review
The Business Advantage Unlimited Cash Rewards Secured Mastercard is a rare thing: a secured business card that earns real rewards. You open it with a refundable deposit of at least $1,000, your credit line equals the deposit, and every purchase earns 1.5% cash back with no annual fee.
It is built for new businesses or owners rebuilding credit. Bank of America reviews the account periodically and may move you to an unsecured card as your history improves, so it can be the first step toward the regular Unlimited Cash Rewards business card.
Think twice if: you can qualify for an unsecured business card, which earns the same or more without tying up a deposit.
Our 6.6 out of 10 rating
Each score weighs the rewards rate, value after the annual fee, welcome offer, points flexibility, and perks, with every point valued at a flat 1 cent. This is our editorial assessment to help you compare cards, not a guarantee of approval or of the value you will get.
Earning rates at a glance
Rewards: how it earns
Every purchase earns 1.5% cash back, with no cap and no expiration while the account is open. You can take it as a deposit to a Bank of America checking or savings account, a statement credit, or a check. There is no welcome bonus and no intro APR.
| Category | Rate | Notes |
|---|---|---|
| Dining and restaurants | 1.5% back | Base rate |
| Groceries | 1.5% back | Base rate |
| Gas | 1.5% back | Base rate |
| Travel | 1.5% back | Base rate |
| Streaming | 1.5% back | Base rate |
| Everything else | 1.5% back | Everything else |
The fine print on rates: A secured card: you open it with a refundable deposit of at least $1,000, and your credit line equals the deposit. Bank of America periodically reviews the account and may move you to an unsecured card.
Every point and mile above is valued at a flat 1 cent, the same honest standard we use for every card. Run your own spending through the calculator to see what this card would actually return for you.
Best ways to earn & redeem
Use it as a flat-rate everyday card, since it earns the same on every purchase, and pair it with bonus-category cards for groceries, dining, and travel.
When you cash in, take the rewards as cash back or a statement credit, worth a flat 1 cent each. We value every point at a flat 1 cent, so treat any transfer upside as a bonus rather than the baseline — see what your points are really worth.
Pros and cons
- 1.5% cash back on everything
- No annual fee
- Can graduate to an unsecured card
- Free employee cards
- Requires a deposit of at least $1,000
- No welcome bonus
- No bonus categories
The welcome bonus
There is no welcome bonus on this card. Its value is in earning 1.5% while you build business credit.
First-year value vs ongoing value
| Welcome bonus | None |
| To earn it | No minimum spend |
| Est. first-year value* | $675 |
| Est. ongoing value / yr* | $675 |
There is no lump-sum welcome bonus, so first-year and ongoing value are about the same, roughly $675 a year on typical spending after the fee. What you see is what you get from day one.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent, on average spending.
Benefits and protections
Beyond the rewards, the perks and protections worth knowing about include:
- Refundable security deposit of $1,000 or more sets your credit line
- Can graduate to an unsecured card as your business credit improves
- Redeem cash back as a deposit, statement credit, or check
Statement credits
This card does not come with recurring statement credits. Its value is in the rewards rate and welcome offer.
Who should get it, and who should skip it
Get this card if your business is new or your credit needs work and you can put down a deposit. Few secured business cards earn anything, let alone 1.5%.
Skip it if you can get approved for an unsecured card. The regular Business Advantage Unlimited Cash Rewards card earns the same rate without a deposit and comes with a welcome bonus.
Alternatives to the Business Advantage Unlimited Cash Rewards Secured Mastercard®
Pairs well with
The Business Advantage Unlimited Cash Rewards Secured Mastercard® earns a flat rate on everything, so pair it with a category card or two to earn more where you spend the most.
Frequently asked questions
Best-card guides featuring this card
Learn more
How does it rank for your spending?
Every card is ranked by what it actually returns on the way you spend. Run your numbers and see where the Business Advantage Unlimited Cash Rewards Secured Mastercard® lands.
Calculate My CardOffer details verified against issuer sources as of October 2026. Editorial opinions are our own. Cardocrat values all points at a flat 1 cent and never inflates redemptions.
