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Saturday, June 6, 2026

Bank of America® Platinum Plus® Mastercard® Business card

Jon McDonald

By: Jon McDonald

Jon McDonald

Jon McDonald, Managing Editor

Jon McDonald brings more than 15 years of journalism expertise to CardRates.com. Informing financial consumers about emerging trends and companies making an impact in the industry, Jon is most knowledgeable in the areas of budgeting, credit card rewards, and responsible credit use; he strives to bring that experience to readers worldwide. Jon has a passion for writing and editing, and his articles have appeared in publications produced by The New York Times.

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Editor: Lillian Guevara-Castro

Lillian Guevara-Castro

Lillian Guevara-Castro, Senior Editor

Lillian Guevara-Castro brings more than 30 years of editing and journalism experience to the CardRates team. She has worked at The Atlanta Journal and Constitution, Gwinnett Daily News, Gainesville Sun, and The New York Times, where she covered demographics, consumer issues, and the business and financial sectors. Lillian has a degree in journalism and communications from Georgia State University and brings her fact-checking expertise to ensure Digital Brands content is accurate and engaging.

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Reviewer: Ashley Fricker

Ashley Fricker

Ashley Fricker, Senior Editor

Ashley Fricker has more than a decade of experience as a finance contributor and editor, and has specialized in the credit card industry since 2015. Her credit card commentary is featured on national media outlets that include CNBC, MarketWatch, Investopedia, and Reader's Digest, among many others. She has worked closely with the world’s largest banks and financial institutions, up-and-coming fintech companies, and press and news outlets to curate comprehensive content and media. Ashley holds a bachelor's degree in multimedia journalism from Florida Atlantic University.

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Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.
Bank of America® Platinum Plus® Mastercard® Business card Review

Our Rating

4.8 /5.0 ★★★★★

Are you considering the Bank of America® Platinum Plus® Mastercard® Business card? Before you apply for the card, you'll want to learn some key facts about the offer and how it compares to others on the market.

In reviewing the card, our staff rated it a 4.8 out of 5.0.

Pay no annual fee and earn a nice welcome bonus with this no-frills business card. With the introductory offer on purchases, it's perfect for any large purchase that you'd prefer to split into interest-free payments versus a large lump sum.

Here's a rundown of the key features, rates, and terms of the Bank of America® Platinum Plus® Mastercard® Business card:

Disclosure: When you apply through links on our site, we often earn referral fees from partners. For more information, see our ad disclosure and review policy.

Advertiser Disclosure

CardRates.com is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free, we receive compensation for referrals for many of the offers listed on the site. Along with key review factors, this compensation may impact how and where products appear across CardRates.com (including, for example, the order in which they appear). CardRates.com does not include the entire universe of available offers. Editorial opinions expressed on the site are strictly our own and are not provided, endorsed, or approved by advertisers.

Bank of America® Platinum Plus® Mastercard® Business card

Bank of America® Platinum Plus® Mastercard® Business card Review

at Bank Of America'ssecure website

Our Review »
  • Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
  • Save money on interest with a competitive purchase APR.
  • No annual fee.
  • 0% Introductory APR on purchases for the first 7 billing cycles. After the intro APR offer ends, a Variable APR that's currently 14.74% to 25.74% will apply.
  • Get employee cards at no additional cost to you and with credit limits you set.
  • Contactless Cards - The security of a chip card, with the convenience of a tap.
  • This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Show MoreShow Less See application, terms and details »
Intro (Purchases) 0% Intro APR for 7 billing cycles for purchases
Intro (Transfers) N/A
Regular APR 14.74% - 25.74% Variable APR on purchases and balance transfers
Annual Fee $0.00
Credit Needed Excellent

Additional Disclosure: Bank of America is a CardRates advertiser.

There's certainly a lot to like about the Bank of America® Platinum Plus® Mastercard® Business card. Let's dive deeper into the card's rates and fees, as they could make or break whether owning the Bank of America® Platinum Plus® Mastercard® Business card is right for you.

Interest Rate & Annual Fee

According to the issuer, the Bank of America® Platinum Plus® Mastercard® Business card currently charges the following interest rates on purchases and balance transfers:

  • Purchase Intro: 0% Intro APR for 7 billing cycles for purchases
  • Balance Transfer Intro: N/A
  • Regular APR: 14.74% - 25.74% Variable APR on purchases and balance transfers

Here's the annual fee for the Bank of America® Platinum Plus® Mastercard® Business card as listed by the issuer:

  • Annual Fee: $0.00
See site for details »

Credit Needed for Approval

According to the issuer, the current general credit history requirement for the Bank of America® Platinum Plus® Mastercard® Business card is:

  • Credit Level: Excellent

If you feel you have the credit needed for approval and you're ready to apply, you can do so online on the issuer's secure website.

Keep in mind that rates and features may change, so if you like what the Bank of America® Platinum Plus® Mastercard® Business card is offering today, you may want to apply now to lock it in current terms before it's too late.

How Does It Rank?

Below are all the ratings our team gives the Bank of America® Platinum Plus® Mastercard® Business card, along with the card's ranking within each category. To see how it compares to other cards, simply click on the category name:

Best Overall
(Ranked #17 out of 141)
★★★★★
4.8
Business
(Ranked #5 out of 24)
★★★★★
4.8

Bottom Line on Bank of America® Platinum Plus® Mastercard® Business card

Bank of America® Platinum Plus® Mastercard® Business card Review

All told, our team's review of the Bank of America® Platinum Plus® Mastercard® Business card resulted in a rating of 4.8 out of 5.0, as the card features many pros and cons for a potential cardholder to consider. Ultimately, it's up to you to determine if the card's benefits outweigh its possible drawbacks.

If you're ready to apply for the Bank of America® Platinum Plus® Mastercard® Business card, here is the link the issuer's official application:

Go To Application »

About the Author

Jon McDonald

Jon McDonald

Managing Editor

Jon McDonald brings more than 15 years of journalism expertise to CardRates.com. Informing financial consumers about emerging trends and companies making an impact in the industry, Jon is most knowledgeable in the areas of budgeting, credit card rewards, and responsible credit use; he strives to bring that experience to readers worldwide. Jon has a passion for writing and editing, and his articles have appeared in publications produced by The New York Times.

View Jon's Full Profile »