U.S. Bank Business Credit Cards Review

(July 2024)

U.S.-Bank-Business-Credit-Cards-Review

In This Article

Our Verdict

U.S.-Bank-Business-Credit-Cards

Looking for a reliable companion to fuel your business ventures? Enter U.S. Bank Business Credit Cards. Packed with incentives tailored to entrepreneurs, these cards promise more than just financial flexibility.

But do U.S. Bank Business Credit Cards live up to the hype? At first glance, U.S. Bank’s offerings stand out for their competitive rates and variety of options.

But that’s not all, their online banking platform allows you to enjoy seamless access to account management tools, expense-tracking features, and robust security measures.

If you’re seeking a reliable financial partner that offers tailored business credit card solutions and robust rewards programs, U.S. Bank Business Credit Cards emerge as a solid choice, providing value, convenience, and peace of mind.

Yet, as with any financial tool, the devil’s in the details.

But in all, these credit cards emerge as a solid choice, if you’re seeking diverse and reliable charge plates to choose from.

Here are a few other pertinent details you should know:

Bank by Mail
U.S. Bank/Bank by Mail
PO Box 1950
St. Paul, MN 55101-0950

Overnight/Commercial Deposits
U.S. Bank/Bank by Mail
EP-MN-01PR
1200 Energy Park Dr.
St. Paul, MN 55108

Pros

  • Provides adequate tools and resources that empower you to get the most for your card.
  • Offers a wide range of credit card options.
  • Offers security features such as zero fraud liability, chip technology, and real-time fraud monitoring.
  • Grants you access to business services, such as merchant services, and payroll processing.
  • Comes with expense management tools.
  • Allows you to customize your spending limits.

Cons

  • Doesn’t provide support for global operations.
  • Incorporate foreign transaction charges.
  • Have stricter approval requirements.

Who U.S. Bank Business Credit Cards Is Best For

The U.S. Bank Business Credit Cards might align with your needs if you run a business that:

  • Seek essential tools for managing expenses and building credit for small businesses.
  • Look for scalable credit cards suitable for their evolving needs, with options for higher spending limits and rewards tailored to business spending.
  • Travel frequently as the bank offers business credit cards with travel rewards.
  • Want to leverage cash-back rewards.
  • Need expense management to create a budget, and track spending.

Who U.S. Bank Business Credit Cards Isn’t Right For

The U.S. Bank Business Credit Cards might fit in with your needs if you’re an individual who:

  • Run an international business—outside of the United States.
  • Operate a business without an established financial history.
  • Operate a business that focuses solely on the lowest fees.
  • Have a business with a poor credit history.

What U.S. Bank Business Credit Cards Offers

What-U.S.-Bank-Business-Credit-Cards-Offers

Be aware that U.S. Bank offers a range of business credit cards tailored to meet the diverse needs of businesses. Some key offerings include:

Expense Management Tools

Take advantage of advanced expense management tools to track spending, manage budgets, and streamline accounting processes.

Travel Benefits

Access a range of travel benefits, including travel insurance, rental car insurance, and roadside assistance, to make business travel safer and more convenient.

Generous Rewards

Earn points on every purchase, with accelerated earning on eligible categories like travel, dining, and mobile wallet purchases

No Annual Fee

Enjoy the first year with $0 annual fee, providing you with immediate cost savings.

Employee Cards

Issue additional employee cards at no extra cost, allowing you to extend purchasing capabilities to your team members while still maintaining control over spending.

Welcome Bonus

Benefit from a competitive welcome bonus offer, providing an incentive for new cardholders to start earning rewards from the moment they sign up.

U.S. Bank Business Credit Cards Details

U.S. Bank Business Platinum Card

Choose this card if you’re seeking flexibility with no annual fee, competitive APRs, and customizable spending limits. You’ll find it suitable if your business seeks basic credit card functionality without additional frills.

Low annual fee

Get a card designed for both you and your team members.

Dedicated service

Benefit from the bank’s entirely domestic service center, offering round-the-clock dedicated assistance. The company is ready to assist you whenever you require our help the most.

Visa Spend Clarity

Track your expenditures and streamline expense management with this robust tool.

U.S. Bank Business Leverage™ Visa Signature® Card

This card is tailored to help your business optimize its cash flow with a competitive APR and a generous rewards program. You can enjoy flexible redemption options and valuable benefits for business spending. Earn 2% back in the top two categories you spend the most automatically.

Rewards Pooling

If the rewards you earn by any card accumulate, they can go into the Central Bill account.

Visa Benefits

When you use this card, you can leverage auto rental collision damage waiver, travel accident insurance, travel, and emergency assistance services, lost luggage reimbursement, extended warranty protection, and many more.

U.S. Bank Business Triple Cash Rewards Card

Get the most from your triple cash rewards card by earning 3$ cash back on net purchases (that is, purchases minus credit and returns). You will earn another $4 cash back above the base earned for every $1.

Auto Credit Statement

If you eligibly purchase software service, an auto statement credit will be given to you at $100 per 12 months.

Know that the U.S. Bank Business Altitude Connect Card is a versatile financial tool tailored to meet the unique needs of businesses.

Reward Points

Earn generous reward points on eligible purchases, including travel, dining, and mobile wallet purchases.

Annual Fee Waiver

Enjoy the first year with no annual fee, providing businesses with cost savings right from the start.

Expense Management Tools

Utilize advanced expense management tools to track spending, manage budgets, and streamline accounting processes.

U.S. Bank Business Altitude TM Connect Card

When choosing a business card to use, know that the U.S. Bank Business Altitude Connect Card offers a premium financial solution designed specifically for businesses, offering a suite of features tailored to meet your diverse needs.

Benefits

  • You earn points on eligible Net Purchases.
  • Within two statement billing cycles, an automatic statement credit of $25 applies to your account.
  • If you hold a MasterCard, you stand to enjoy some benefits that come with it.

Where U.S. Bank Business Credit Cards Stands Out

Where-U.S.-Bank-Business-Credit-Cards-Stands-Out

Customizable Spending Limits

Set individual spending limits for employee cards, providing greater control over expenses and reducing the risk of overspending.

A Range of Security Measures

Get high-level security features such as zero fraud liability, chip technology, and real-time fraud monitoring to help protect against unauthorized transactions.

Flexible Rewards Programs

Enjoy benefits such as cash back, travel rewards, and points-based systems, by choosing the rewards that align with their spending habits and preferences.

Wide-ranging Travel Benefits

Enjoy U.S. Bank Business Credit Card’s robust travel benefits, including travel insurance, rental car insurance, and airport lounge access, catering to businesses with frequent travel needs.

Expense Management Tools

Take advantage of the bank’s robust expense tracking and management tools, allowing you to monitor spending, set budgets, and reconcile accounts with ease.

Where U.S. Bank Business Credit Cards Falls Short

Foreign Transaction Fees

Note that some of the U.S. Bank Business Credit Cards come with high foreign transaction fees, impacting international transactions.

Authorized User Purchases

Understand that authorized user purchases may not contribute to meeting the minimum spending requirement for bonus rewards.

High Minimum Spending Requirement

Be mindful that some U.S. Bank Business Credit Cards have relatively high minimum spending requirements to unlock sign-up bonuses.

How to Qualify for U.S. Bank Business Credit Cards

To be eligible for the U.S. Bank Business Credit Card, you must fulfill the following conditions:

  • Operate a legitimate business entity.
  • Provide accurate and complete information about yourself and your business.
  • Evaluate your credit score.
  • Ensure your business generates sufficient income to support potential credit card expenses and repayments.
  • Have a longer track record of business operations.
  • Be a U.S. citizen.
  • Provide legal documentation that verifies your business’s existence and ownership.

How to Apply for U.S. Bank Business Credit Cards

How-to-Apply-for-U.S.-Bank-Business-Credit-Cards

Business credit cards from U.S. banks are quick and easy to apply for. You can apply online or simply go to one of their branches if you prefer one-on-one interaction.

Follow the process below for a seamless application process:

  • Gather required information such as your name, address, date of birth, Social Security number or ITIN, personal income, and information about your business, such as its legal name, address, industry type, and annual revenue.
  • Choose a card that best fits your business needs and spending habits.
  • Initiate the Application by clicking on the “Apply Now” button (for online application) or filling out the application form (for in-person application) to start the application process.
  • Begin by entering your personal information as prompted.
  • Enter the legal name of your business, its address, industry type, and annual revenue.
  • Review all the information you’ve entered to ensure its accuracy.
  • Wait for approval.

Alternatives to U.S. Bank Business Credit Cards

Chase Ink Business Cards

Have you ever thought about snagging one of Chase’s Ink Business Cards? Not only do they offer cash back and travel rewards, but they also come with some pretty sweet sign-up bonuses. You get to enjoy up to $750 in bonus cash back on some of their cards. In addition, you earn 5% cash back on some selected business categories and 10% business relationship bonuses.

Also, their expense tracking tools are top-notch, making it easier than ever to keep tabs on your spending. Whether you’re a frequent traveler or you’re just looking to earn rewards on everyday purchases, Chase’s Ink Business Cards have got you covered.

Wells Fargo Business Credit Cards

Know that Wells Fargo’s Business Credit Cards offer rewards tailored to different industries, along with expense tracking tools and flexible redemption options.

But that’s not all – they also offer business-specific benefits like payment flexibility and fraud monitoring. It doesn’t matter if you’re a sole proprietor or run a large corporation, Wells Fargo’s Business Credit Cards have the features and benefits you need to succeed.

So, why not see if they’re the right fit for your business?

Some of their cards charge no intro APR on purchases for 9 consecutive months. For instance, the Wells Fargo Business Platinum Credit Card has a 0% intro APR, along with an ongoing APR of 11.24% to 21.24%. But this is just one of the other cards they offer. So, explore the bank’s card options to choose the best option for you.

American Express Business Cards

Are you aware of Amex’s Business Cards? Just like most alternatives, these cards are known for their premium rewards and benefits, including travel credits and airport lounge access.

Here’s another fun part…they also offer robust expense management tools that can help streamline your business finances. Whether you’re looking to earn points on business travel or cash back on office supplies, American Express Business Cards have something for every type of business owner.

With some of these cards, you can earn an impressive 5X Membership Rewards Points on Flights and Prepaid Hotels Booked at AmexTravel.com. You also gain access to over 1,400 Airport Lounges Worldwide, offering a comfortable and productive environment during your travels. Plus, a $400 cashback (up to $200 semi-annually) on U.S. purchases with Dell Technologies.

Customer Reviews

Considering that the U.S. Bank offers several business credit cards, you may not find a single score or review for all—at once. Different platforms have taken pains to review some of the cards, scoring them based on what customers think about them.

For instance, Forbes scores the U.S. Bank Business Platinum Card with a 2.1-star rating and scores the U.S. Bank Triple Cash Rewards Visa® Business Card with a 4.4-star rating.

For Bankrate, The U.S. Bank Business Cash Rewards World Elite Mastercard deserves a 3.1-star rating.

So, you can see that there’s one way to review all the cards. You gotta check their reviews individually to know what other customers think about them.

However, some customers have reported issues with poor customer support, high annual fees, and strict qualification requirements. Aside from that, generally, the U.S. Bank Business Credit Cards have good standing in the marketplace.

Pro Tips

  • Assess your business’s unique needs to select the most suitable card option.
  • Seek assistance from U.S. Bank’s business banking specialists and branch managers whenever needed.
  • Protect your business from checking account fraud by using business credit cards instead of checks, ACH transfers, or debit cards.
  • Focus on building and showcasing your financial responsibility and business potential to enhance your approval chances.
  • Strengthen your business’s credit profile by making timely payments and responsible credit management to improve your creditworthiness, enhancing your ability to secure favorable loan terms and financing options in the future.
  • Take advantage of the convenience and flexibility offered by credit cards to efficiently manage recurring inventory costs, ensuring smooth operations for your business.
  • Make the most out of your credit card rewards by redeeming travel rewards for business trips, leveraging your rewards to save money, and enhancing profitability.
  • Capitalize on Business credit card rewards by strategically using your card for business expenses to earn cash back, travel points, or other valuable benefits.

Recap

You should know that U.S. Bank Business Credit Cards offer a diverse range of options tailored to meet your business needs, irrespective of the size. You get features like customizable spending limits, robust expense management tools, and access to dedicated customer support, where you enjoy flexibility and convenience for managing business finances.

While some cards may come with annual fees and strict approval requirements, the overall value and benefits you get from U.S. Bank Business Credit Cards make them a competitive choice for you to optimize your spending and manage expenses effectively.

That’s not all, the variety of rewards programs available allows you to earn cash back, travel rewards, or points on your purchases, providing opportunities to maximize savings and benefits.

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