Card Features:  

Despite having no annual fees for both primary and employee cards, the Platinum Plus card never skimps on its membership benefits and business features. There is no rewards program available for this business credit card, but some discounts are available through select Bank of America business affiliates, some of which are office supply merchants and other retailers suitable for businesses.

Business Features:  

The Platinum Plus for Business MasterCard does not skimp on its business features. In addition to its employee spending limits, monitoring and misuse insurance protection, it offers monthly categorized billing statements and quarterly and annual reports, all of which can be uploaded directly into a QuickBooks document for streamlined accounting and bookkeeping.

Also, Platinum Plus for Business MasterCard can be linked to a business checking account to ensure that no overdraft fees are ever accrued as a result of an account spending limit exceeded.

Membership Features:  

Bank of America offers Platinum Plus for Business MasterCard members a variety of insurances and protections. Card members are automatically insured for up to $100,000 for travel accidents, including loss or damage to rental vehicles. Members are also provided 24/7 emergency cash and card replacement, emergency ticket replacement, lost-luggage assistance, pre-trip assistance, medical and legal assistance and emergency transportation, as well as prescription assistance and document delivery.

Security Features:  

In addition to its Employee Misuse Insurance Protection, Bank of America provides Platinum Plus for Business MasterCard members with 90 day purchase security, which protects most purchases against loss, damage, theft or fire. Bank of America also offers extended warranties for select products, generally doubling the warranty duration.

Account Access/Customer Service:  

Platinum Plus for Business MasterCard accounts can be managed entirely online. Account notification updates can even be delivered directly to PDA devices, mobile phones and email. Also, members can make payments, add employees, set spending limits, monitor expenses and even request a credit limit increase without ever leaving their computer.

Though businesses seeking rewards points programs with greater travel needs could find better in the AT&T Universal Rewards Card and American Express Plum Card, the Platinum Plus for Business MasterCard remains a good business credit card choice for businesses looking to enjoy all the membership benefits and business features without the hassle of an annual fee or revolving balance penalty.