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If you are a small business owner interested in earning cash back in popular spending categories, like office supplies and phone services, the recently launched U.S. Bank Triple Cash Rewards Visa® Business Card may be what you’re looking for.
Along with cashback on every purchase, the card comes with a competitive signup bonus: Earn $750 in cash back — just spend $6,000 on the Account Owner's card in the first 180 days of opening your account.
The U.S. Bank Triple Cash Rewards Visa® Business Card also lets cardholders carry a balance without paying interest for more than a year — thanks to its generous intro APR offer on purchases and balance transfers.
Read on for a full breakdown of the pros and cons of U.S. Bank Triple Cash Rewards Visa® Business Card, and to see how it compares to similar business credit cards.
Intro Purchase APR
0% intro APR for 12 billing cycles on purchases
Regular Purchase APR
18.29% to 27.29% variable
Intro BT APR
N/A
Regular BT APR
18.29% to 27.29% variable
Annual Fee
$0
Cash Advance Fee
Either 5% of the amount of each advance or $10 minimum, whichever is greater
Foreign Transaction Fee
3%
Balance Transfer Fee
Either 3% of the amount of each transfer or $5 minimum, whichever is greater
Rewards rate
Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants. 1% cash back on all other eligible net purchases. Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center. No limit on total cash back earned.
Cash back can be redeemed for statement credit or deposited to your U.S. Bank business checking, savings or money market account.
Sign-up bonus
Earn $750 in cash back — just spend $6,000 on the Account Owner's card in the first 180 days of opening your account.
The amount of this card’s sign-up bonus is on par with similar business credit cards that offer cashback rewards and a $0 annual fee, but what stands out is the generous amount of time you have to earn the bonus.
By contrast, many cards require you to reach the spend threshold within the first 90 days or first three months of card membership to earn the bonus. For example, with the Capital One Spark Cash Select, cardholders earn $500 Cash Back once you spend $4,500 on purchases within the first 3 months from account opening.
Intro APR on purchases and balance transfers
The U.S. Bank Triple Cash Rewards Visa® Business Card offers a 0% intro APR for 12 billing cycles on purchases, then a 18.29% to 27.29% variable APR will apply.
Plus, get an APR of N/A, after which a 18.29% to 27.29% variable will apply.
These offers can help you finance a large business purchase and pay it off over time, or if you have a large amount of high interest debt that you want to transfer.
Annual fee
The U.S. Bank Triple Cash Rewards Visa® Business Card charges a $0 annual fee.
Modest rewards rate on general purchases
While the U.S. Bank Triple Cash Rewards Visa® Business Card offers a generous amount of cashback on purchases at gas stations, office supply stores, cell phone service providers and restaurants, all other purchases only earn 1% cash back.
So if your company spends a large amount in other categories, like travel, you may be able to get more bang for your buck with a flat-rate cashback card or a travel card, such as the Capital One Spark Cash Plus or the Capital One Spark Miles for Business.
Balance transfer fee
Although the U.S. Bank Triple Cash Rewards Visa® Business Card comes with a long intro APR on balance transfers, know that you will be charged the following balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater.
Some restrictions on gas rewards
Be aware that purchases of gasoline in excess of $200 will not be deemed to be a purchase of automobile gasoline and as such will earn a reward of 1%.
If you’re interested in a $0 annual fee business card with an even higher sign-up bonus and cashback rate at office supply stores and on internet, cable and phone services, the Ink Business Cash® Credit Card may be a better fit. Just know, the card also comes with a higher spend requirement to earn the bonus and offers a slightly lower rewards rate at restaurants and gas stations.
Ink Business Cash® Credit Card holders can earn the following sign-up bonus: Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.. Additionally, earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. earn 1% cash back on all other card purchases with no limit to the amount you can earn.
We should note, the Ink Business Cash® Credit Card limits the amount of rewards you can earn at the higher rates to the first $25,000 spent on office supply store, internet, cable and phone service purchases and the first $25,000 spent on restaurant and gas station purchases each account anniversary year. So if you max out the $25,000 spend cap, you’ll earn a maximum of $1,250 in the 5% categories and $500 in the 2% categories, for a total of $1,750. Once you reach the spend cap, the rate drops to 1% cash back.
By comparison, the U.S. Bank Triple Cash Rewards Visa® Business Card does not limit the amount of cash back you can earn at the higher rate. For example, if your company spends $58,335 on gas station, office supply store and cell phone service providers in a year, you’ll also earn $1,750 in cash back on those purchases, but if your business spends more than that, you could end up earning more cash back on the U.S. Bank Triple Cash Rewards Visa® Business Card.
Also, if you’re planning to finance a large purchase, the Ink Business Cash® Credit Card lets you do so interest-free for less time than the U.S. Bank Triple Cash Rewards Visa® Business Card. The Ink Business Cash® Credit Card offers a 0% Intro APR on Purchases for 12 months, then an ongoing APR of 17.99% - 25.99% variable. Additionally, the card does not offer an introductory APR on balance transfers.
| Credit Cards | Our Ratings | Welcome Offer | Rewards Rate | Annual Fee | Recommended Credit Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion | |
|---|---|---|---|---|---|---|
|
U.S. Bank Triple Cash Rewards Visa® Business Card*
|
Earn $750 in cash back — just spend $6,000 on the Account Owner's card in the first 180 days of opening your account. | Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants. 1% cash back on all other eligible net purchases. Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center. No limit on total cash back earned. | $0 | Good / Excellent | ||
Ink Business Cash® Credit Card*
|
Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. | Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn. | $0 | Excellent | ||
Capital One Spark Cash Select*
|
$500 Cash Back once you spend $4,500 on purchases within the first 3 months from account opening | 1.5% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel | $0 | Excellent | ||
Capital One Spark Cash Plus*
|
$2000 Cash Back once you spend $30,000 in the first 3 months. Earn an additional $2,000 cash bonus for every $500K spent during the first year | Earn 2% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel | $150 | Excellent |
If you’re in the market for a small business credit card, the U.S. Bank Triple Cash Rewards Visa® Business Card is a solid choice. In addition to offering cashback rewards in popular business spending categories, the $0 annual fee card comes with a long introductory APR on purchases and balance transfers.
Plus, you receive more time to earn the sign-up bonus than some competing cards — which is great if you’re not planning to spend a large amount on business purchases right away.
But if you want to earn an even higher cashback rate in some popular business spending categories as well as a higher sign-up bonus, the Ink Business Cash® Credit Card may be a better fit. Just know, the Ink Business Cash® Credit Card’s introductory APR period on purchases and balance transfers is slightly shorter than that of the U.S. Bank Triple Cash Rewards Visa® Business Card.
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
The information related to the U.S. Bank Triple Cash Rewards Visa® Business Card, Capital One Spark Cash Select, Capital One Spark Cash Plus, Capital One Spark Miles for Business and Ink Business Cash® Credit Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.
