MoneyGeek’s Take

U.S. Bank Triple Cash Rewards Visa® Business Card Review

fact checked icon

Updated: June 12, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

U.S. Bank Triple Cash Rewards Visa® Business Card
Credit Card logo for U.S. Bank Triple Cash Rewards Visa® Business Card
Rates & Fees

On Partner's Website

Rewards Rate
Earn 3% on eligible purchases at gas and EV chargi...
APR
19.24% – 28.24% Variable
Annual Fee
$0
Recommended Credit
Good–Excellent
creditCardsMagnifyingGlass icon
WHY TRUST OUR REVIEWS

MoneyGeek's methodology is based on a holistic and standardized process that allows us to get accurate data about multiple card categories. We take a multi-step method that highlights data collection, analysis and ranking calculations. Following an in-depth look at average spending profiles and other benefits offered by different credit card companies, MoneyGeek’s procedure is concluded by an approximation of a card's three-year value and a regular re-ranking process.

The U.S. Bank Triple Cash Rewards Visa® Business Card features a 0% introductory APR on purchases and balance transfers, followed by a relatively high variable APR. In spite of this, the card offers you cash back on eligible purchases at office supply stores, cellphone service providers, gas stations, restaurants and on other net purchases.

The only additional advantage offered by the business card, in addition to the usual Mastercard World Elite Benefits, is a $100 annual statement credit for use on qualified software subscriptions.

U.S. Bank Triple Cash Rewards Visa® Business Card Overview

The U.S. Bank Triple Cash Rewards Visa® Business Card is a good no-annual-fee card if you prefer earning straight cash back. MoneyGeek highlights a few perks and bonuses to help you better understand how they work.

Quick Take

  • $0 annual fee
  • Cash back rate of up to 5%
  • 3% foreign transaction fee
  • 3% or $5 (higher of the two) balance transfer fee
  • 0% intro APR on purchases and balance transfers for 15 billing cycles, then a variable APR of 19.24% – 28.24%

Important Card Details

The U.S. Bank Triple Cash Rewards Visa® Business Card is a viable option for a business card because of the numerous perks and features it provides. However, it's critical to read and understand the fees and fine print before you apply.

    noAnnualFee icon

    Purchase Intro APR

    The introductory 0% APR for your U.S. Bank Triple Cash Rewards Visa® Business Card applies to your purchases and balance transfers. After 15 billing cycles, the APR changes to a variable rate currently ranging from 19.24% – 28.24%. MoneyGeek has also noted that this APR will vary with the market based on the Prime Rate.

    cashBack icon

    Cash back Reward Rate

    You may want to focus on the 3% cash back categories to get the most out of the card. The spending categories include qualified cellular service, gas stations, office supply shops and restaurants. All other purchases are eligible for a 1% cash back rate.

    balanceTransfer icon

    Balance Transfer APR and Fees

    For balance transfers made within 30 days of account opening, the card offers you a 0% introductory APR for the first 15 billing cycles. After that, depending on your creditworthiness when you open your account, you could have a variable APR of 19.24% – 28.24%.

    highInterestAPR icon

    Penalty APR

    If you are five calendar days late twice or 30 calendar days late once, made a payment that is returned or if you exceed your U.S. Bank Triple Cash Rewards Visa® Business Card credit limit two times in 12 months, the penalty APR of 29.99% may be imposed on your account.

Additional Benefits

The U.S. Bank Triple Cash Rewards Visa® Business Card is a great choice for spending a lot of money in the card's bonus categories. Other noteworthy features of the U.S. Bank Triple Cash Rewards Visa® Business Card are worth mentioning. The following are some that you might find useful.

  • No fraud liability: You will not be held responsible for unauthorized charges such as with lost or stolen cards. If you report your card's status immediately, any subsequent transactions will not affect you or your U.S. Bank Triple Cash Rewards Visa® Business Card credit score.
  • Global Emergency Services: You can rely on Mastercard Global Services no matter where you are. Its representatives can assist you with various issues, including lost and stolen card reporting, emergency cash advances and more.
  • Real-time rewards: After signing up for the bank’s service, you may instantly redeem your points for qualified purchases by sending a text message. When you make a purchase, you will get a message asking if you want to redeem your points right away.
  • Mastercard World Elite Benefits: All benefits that you can enjoy in terms of travel insurance, exclusive savings on various travel services, and special nightclub access are included in your World Elite Mastercard advantages.

How the U.S. Bank Triple Cash Rewards Visa® Business Card Compares To Other Cards

The U.S. Bank Triple Cash Rewards Visa® Business Card competes well with other business credit cards, and it can earn significant points for the right user. It is only right to compare it with another business credit card on the market.

MoneyGeek ran a quick comparison between the U.S. Bank Triple Cash Rewards Visa® Business Card and The Business Platinum Card from American Express regarding relevant fees and features.

How the U.S. Bank Triple Cash Rewards Visa® Business Card Compares

U.S. Bank Triple Cash Rewards Visa® Business Card

  • Annual Fee: 0$
  • Regular APR: 19.24% – 28.24% (Variable)
  • Welcome bonus: None
  • Foreign Transaction Fee: 3%
  • Mini Verdict: Best for small business owners who want cashback for eligible business needs

The Business Platinum Card® from American Express

  • Annual Fee: $695
  • Regular APR: 19.49% – 28.49% variable
  • Welcome Bonus: 150,000 Membership Rewards after spending $20,000 on eligible purchases within the first three months of card membership
  • Foreign Transaction Fee: None
  • Mini Verdict: Best for bigger businesses with high expenses that can maximize travel benefits

Frequently Asked Questions

What is the average credit score needed to get approved for U.S. Bank Triple Cash Rewards Visa® Business Card?
Does U.S. Bank Triple Cash Rewards Visa® Business Card report to all three credit bureaus?
Is the U.S. Bank Triple Cash Rewards Visa® Business Card application process lengthy? Can you prequalify?
What information is needed to apply for U.S. Bank Triple Cash Rewards Visa® Business Card?
Does U.S. Bank Triple Cash Rewards Visa® Business Card have good customer service or satisfaction?
Does U.S. Bank Triple Cash Rewards Visa® Business Card have a mobile app or the option to pay or manage your account online?
Does U.S. Bank Triple Cash Rewards Visa® Business Card raise credit limits automatically or charge for limit increases?
Does U.S. Bank Triple Cash Rewards Visa® Business Card offer the option to freeze your credit/account or other security features?
Does U.S. Bank offer other credit cards besides U.S. Bank Triple Cash Rewards Visa® Business Card?

About Doug Milnes, CFA

Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.
Insurance
Mortgage
Credit Cards
Loans
About MoneyGeekPressPrivacy PolicySitemap
Copyright © 2024 MoneyGeek.com. All Rights Reserved Terms of Use