Bank of America Mail Cash 123
- Business owners can apply online at designated application page
- Cardholders will receive a $200 statement credit after meeting requirements
The hard work put in on a daily basis by business owners should never go unrewarded. It appears very clear that Bank of America understands this notion as business owners can receive 3% cash back at gas stations and office supply stores, 2% cash back at restaurants, and 1% cash back on all other purchases with the Business MasterCard. In addition to the cash back on purchases, business owners will be rewarded with a gratifying $200 statement credit once $500 is spent within 60 days of opening the account. Business owners that have heard enough can get started with the Business MasterCard application at the Bank of America Mail Cash 123 page. Skeptical business owners that aren’t quite convinced may want to take a deeper dive into the finer details of the card and the current offer.
Sifting Through Some of the Key Information Regarding the Bank of America Business MasterCard
- Customers will enjoy a 0% introductory Annual Percentage Rate (APR) on purchases through the first 9 billing cycles and will pay no annual fee
- After the first 9 billing cycles the APR will jump to a rate that is anywhere between 11.49% and 21.49% depending on the market
There will be a grace period on purchases of at least 25 days from the statement Closing Date
- An annual cap of $250,000 is placed on the rewards earned at 3% on gas stations and office supply stores (purchases above and beyond the cap will be rewarded at 1%)
- Customers should allow 10-12 weeks from the date the qualifying transaction posts for the $200 statement credit to be received
- Late payment fees apply and are charged at a $19 minimum on balances less than or equal to $100 and a maximum of $49 for balances greater than $5,0000
Business owners that have further questions can utilize the live chat feature available on the Bank of America Mail Cash 123 page. Those that prefer to use more traditional methods of communication can call or write to Bank of America for help.
Bank of America Contact
- 1-800 432-1000
- 100 North Tryon Street, Charlotte, NC 28255