U.S. Bank Business Leverage® Visa Signature® Card
U.S. Bank Business Leverage® Visa Signature® Card
Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; Earn 2% back in the top two categories where you spend the most each month automatically; Earn 1% back per dollar spent on all other eligible purchases
Welcome Bonus
$750 in rewards
Annual Fee
$0 Intro Annual Fee for the first year, $95 therafter.
Credit Score
Excellent,Good
Regular APR
21.24% - 26.24% Variable
U.S. Bank Triple Cash Rewards Visa® Business Card
U.S. Bank Triple Cash Rewards Visa® Business Card
Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center; Earn 3% cash back on eligible purchases at gas and EV charging stations, office supply stores, cell phone service providers and restaurants; Earn 1% cash back on all other eligible purchases.
Welcome Bonus
$500 cash back
Annual Fee
$0
Credit Score
Good, Excellent
Regular APR
19.24% - 28.24% variable
Small business owners can maximize their monthly expenses by getting a rewards credit card to boost their bottom line. U.S. Bank offers two cash-back credit cards that extend valuable benefits, generous welcome bonuses and rewards on every purchase. When comparing the U.S. Bank Triple Cash Rewards Visa® Business Card* vs. U.S. Bank Business Leverage® Visa Signature® Card, which card is right for your business depends on where and how much you spend each month.
U.S. Bank Triple Cash Rewards Visa Business Card vs. U.S. Bank Business Leverage Visa Signature Card Overview
This table provides an overview of these two cards and makes it easier to compare the U.S. Bank Triple Cash Rewards Visa® Business Card* vs. U.S. Bank Business Leverage® Visa Signature® Card in categories that are important to small business owners.
| U.S. Bank Triple Cash Rewards Visa® Business Card* | U.S. Bank Business Leverage® Visa Signature® Card | |
|---|---|---|
|
Welcome Bonus
|
$500 cash back after spending $4,500 in the first 150 days of opening the account
|
$750 in rewards after spending $7,500 in eligible purchases within the first 120 days of account opening
|
|
Annual Fee
|
$0
|
$0 Intro Annual Fee for the first year, $95 therafter.
|
|
Earning Rewards
|
5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 3% cash back at gas and EV charging stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible purchases
|
5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center, 2% back in the top two categories each month and 1% back per dollar on all other eligible purchases
|
|
Benefits
|
$100 statement credit on eligible software subscriptions, Real-Time Rewards, ExtendPay financing
|
Real-Time Rewards, ExtendPay financing
|
|
Redemption Options
|
Statement credit, deposit to U.S. Bank account, or U.S. Bank rewards cards; rewards never expire
|
Statement credit or deposit to U.S. Bank account; expires after five years
|
|
APR
|
19.24% - 28.24% variable
|
21.24% - 26.24% Variable
|
|
Foreign Transaction Fees
|
3% of each foreign transaction
|
None
|
|
Intro APR Offers
|
0% intro APR on purchases and balance transfers for 15 billing cycles, followed by a regular APR of 19.24% - 28.24% variable. A balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater, applies
|
N/A
|
Welcome Bonus
These small business credit cards offer generous welcome bonuses. When you apply for the U.S. Bank Triple Cash Rewards Visa® Business Card*, you can earn $500 cash back after spending $4,500 in the first 150 days of opening the account.
The U.S. Bank Business Leverage® Visa Signature® Card gives new cardholders a welcome bonus of $750 in rewards after spending $7,500 in eligible purchases within the first 120 days of account opening.
When comparing the welcome bonus of the U.S. Bank Triple Cash Rewards Visa® Business Card* vs. U.S. Bank Business Leverage® Visa Signature® Card, the winner depends on your expected spend. The Business Leverage card offers a higher bonus but requires more spending in a shorter time frame. For businesses with this level of spending, the Business Leverage card takes the lead. If your business has limited spending, then the Triple Cash card is a better option.
Annual Fee
Annual fees help banks cover the cost of rewards and benefits for the credit cards they issue. There is no annual fee for the U.S. Bank Triple Cash Rewards Visa® Business Card*. The U.S. Bank Business Leverage® Visa Signature® Card offers a $0 Intro Annual Fee for the first year, $95 therafter. For the first year, the Business Leverage card might make sense, but beyond that, the Triple Cash card takes the crown. This card allows small business owners to earn cash-back rewards without paying an annual fee.
U.S. Bank Triple Cash Rewards Visa® Business Card
Up to 5% Reward Rate
Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center; Earn 3% cashRead More
Welcome Bonus
$500 cash back
Annual Fee
$0
Regular APR
19.24% - 28.24% variable
Credit Score
Good, Excellent (700 - 749)
Even without the balance transfer option the U.S. Bank Triple Cash Rewards is an attractive option with a generous welcome bonus and enhanced earnings in categories that align with many businesses’ spending. The extended introductory 0% APR period is icing on an already tasty cake.
The Triple Cash Visa Business card is a strong option for businesses that have minimal travel needs and who are looking to maximum their cash-back earnings across a variety of spend categories. As a bonus, it offers a $100 software credit.
- No annual fee
- Earn 3% cash back on eligible purchases at gas stations, EV charging stations, office supply stores, cell phone service providers and restaurants.
- Introductory APR on purchases and balance transfers
- Reward categories may not align with how some businesses spend
- Foreign transaction fee
- There’s a balance transfer fee which can eat into your savings when transferring a balance
- Earn $500 cash back after spending $4,500 in the first 150 days of opening the account
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the travel rewards center, 3% cash back on eligible purchases at gas and EV charging stations, office supply stores, cell phone service providers and restaurants. Plus, earn 1% cash back on all other eligible purchases
- No annual fee
- $100 annual software credit for recurring software subscription expenses
Earning Rewards
Both of these small business rewards cards earn cash back on your monthly purchases. However, the way they earn that cash is quite different.
The U.S. Bank Triple Cash Rewards Visa® Business Card* earns 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 3% cash back at gas and EV charging stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible purchases. The U.S. Bank Business Leverage® Visa Signature® Card offers bonus rewards on the top two spending categories each month. Cardholders earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center, 2% back in the top two categories each month and 1% back per dollar on all other eligible purchases.
The winner overall is the Business Leverage card because U.S. Bank automatically applies bonus rewards to your top two spending categories every month. You don’t have to remember where to spend to earn bonus cash back, and you aren’t limited to spending categories that may not apply to your business.
Redemption Options
Small business owners can redeem rewards from these cards for statement credits or deposits to U.S. Bank accounts. These deposits to U.S. Bank business accounts can be made to checking or savings accounts. Rewards from the Triple Cash card can also be deposited in U.S. Bank business money market accounts or redeemed for U.S. Bank rewards cards.
While cash back earned from the Triple Cash card never expires, rewards from the Business Leverage card expire five years from the end of the quarter they were earned. Since the Business Leverage rewards expire after five years, the Triple Cash card is the better option for points redemptions.
Benefits
These cash-back credit cards offer valuable rewards on spending, but they provide minimal benefits beyond that. With each card, you can take advantage of ExtendPay and Real-Time Rewards, but that’s about all they offer. ExtendPay is an interest-free financing option that divides eligible purchases into equal monthly installments for a small fee. Real-Time Rewards allows cardholders to instantly redeem rewards for statement credits on purchases by replying to a text message.
The U.S. Bank Triple Cash Rewards Visa® Business Card* also offers a $100 annual statement credit with eligible recurring software subscriptions, like Quickbooks or Freshbooks. You’ll earn this credit when you have 11 consecutive months of eligible software subscription purchases charged to your account. With this added benefit, the Triple Cash card proves to be more beneficial for this category.
Intro 0% APR Offers
Interest rate promotions allow cardholders to eliminate interest charges on purchases, balance transfers or both. Purchase offers give you more time to pay off purchases without incurring interest charges. With a balance transfer offer, you can move balances from high-interest credit cards to your new card to eliminate interest. Balance transfers also typically charge a fee of 3% to 5% of the amount transferred. When the promotion period expires, any unpaid balance reverts to the standard interest rate.
The U.S. Bank Triple Cash Rewards Visa® Business Card* includes a 0% intro APR on purchases and balance transfers for 15 billing cycles, followed by a regular APR of 19.24% - 28.24% variable. A balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater, applies. The Business Leverage card does not offer an intro APR offer, so the Triple Cash card is the clear favorite.
Annual Percentage Rate
When you carry a balance on your credit card, the bank charges interest on your average daily balance. These interest charges can add up quickly and increase the overall cost of the items you bought. The best approach is to pay off your credit card in full to maximize the value of your rewards and avoid interest charges.
Both credit cards have variable interest rates that rise and fall based on the Prime Rate. Additionally, your specific interest may be determined by your creditworthiness when you open your account.
The Triple Cash card charges an interest rate of 19.24% - 28.24% variable, while the Business Leverage card charges 21.24% - 26.24% Variable. If you have a high credit score, the victor is the Triple Cash card because it offers the lowest interest rate. Business owners with lower credit would be better off with the Business Leverage card since its highest potential interest rate is lower overall.
U.S. Bank Business Leverage® Visa Signature® Card
Up to 5% Cash Back
Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; Earn 2% back inRead More
Welcome Bonus
$750 in rewards
Annual Fee
$0 Intro Annual Fee for the first year, $95 therafter.
Regular APR
21.24% - 26.24% Variable
Credit Score
Excellent,Good (700 - 749)
For those who want to earn bonus rewards where they spend the most, but don’t want the hassle of using different cards for different purchases, the U.S. Bank Business Leverage Visa offers a streamlined choice. You’ll automatically earn 2% in your top two spending categories every month, without any action required on your part. This could be a boon for business owners with varied spending patterns.
- Annual fee is waived the first year
- No foreign transaction fees
- Free employee cards
- $95 annual fee after the first year
- No introductory APR
- Low rewards potential
- Earn $750 in rewards when you spend $7,500 in eligible purchases on the account owner’s card within the first 120 days of opening your account.
- Earn 2% back in the top two categories where you spend the most each month automatically.
- 1% cash per dollar spent on all other eligible purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No reward caps or limits on the total rewards your business can earn. Redeem for your choice of cash back, gift cards, merchandise and travel.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World’s Most Ethical Company® – Ethisphere Institute, February 2022.
- Terms and conditions apply.
Foreign Transaction Fees
When you make purchases internationally, some cards charge a fee to convert the foreign currency into U.S. dollars. Even if you don’t travel outside of the U.S., you may incur these fees if you make purchases with a business in another country.
The U.S. Bank Triple Cash Rewards Visa® Business Card* charges a foreign transaction fee: 3% of each foreign transaction. These hidden fees can increase the cost of doing business or traveling internationally. Foreign exchange fees are waived with the U.S. Bank Business Leverage® Visa Signature® Card, which makes it the winner for this category.
Consider Neither U.S. Bank Triple Cash Rewards Visa® Business Card nor U.S. Bank Business Leverage Visa Signature Card For
Both U.S. Bank small business credit cards offer cash-back rewards and valuable benefits but aren’t the best option for every situation. Here are a few scenarios where they don’t make sense.
Transfer Partners
Neither of these small business credit cards earns rewards that transfer to airline or hotel partners. Customers who want to earn transferrable rewards to book award flights and hotel rooms should consider other credit cards, like the American Express® Business Gold Card (terms apply) or the Ink Business Preferred® Credit Card.
Flat Earnings Rate
Many business owners prefer a flat earning rate on purchases, so they don’t have to remember which bonus categories are available. This simplified earning structure allows business owners to concentrate on their business instead of their rewards. For example, the Ink Business Unlimited® Credit Card earns a flat rate of 1.5% cash back rewards on every business purchase. Both of the rewards credit cards reviewed here have specific bonus categories that earn higher rewards, but then they earn 1% cash back on everything else.
Low Standard Interest Rate on Purchases
If you need to carry a balance, both of these cards have high standard interest rates. With interest rates of approximately 20% or higher, carrying a balance on either card is expensive. Small business owners might be better off using other financing options to get a lower rate on balances they want to pay off over a more extended period.
Bottom Line
Business owners have numerous credit card options to earn rewards on their monthly spending. U.S. Bank has two worthy options with the U.S. Bank Triple Cash Rewards Visa® Business Card* and U.S. Bank Business Leverage® Visa Signature® Card. While both cards have appealing features, the Triple Cash card rises to the top overall. It offers a higher earning rate, a more attainable welcome bonus and an intro APR offer for new cardholders. Additionally, it has no annual fee, and businesses can earn a $100 yearly credit on eligible software subscriptions.
Frequently Asked Questions (FAQs)
Is the U.S. Bank Triple Cash Rewards Visa® Business Card worth it?
Yes, this card offers cash-back rewards, a generous welcome bonus and an intro APR offer on purchases and balance transfers. Small business owners can earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Rewards Center, 3% cash back at gas and EV charging stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible purchases, plus a welcome bonus of $500 cash back after spending $4,500 in the first 150 days of opening the account. The 0% intro APR offer is solid: 0% intro APR on purchases and balance transfers for 15 billing cycles, followed by a regular APR of 19.24% - 28.24% variable. A balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater, applies.
What credit score is needed for the U.S. Bank Business Leverage® Visa Signature® Card?
U.S. Bank doesn’t specify exactly what credit score is needed to get approved for the U.S. Bank Business Leverage® Visa Signature® Card, but your chances improve with Good to Excellent credit. According to FICO, this means you’ll need a credit score of 670 or higher for the best approval odds.
Which credit bureau does the U.S. Bank Triple Cash Rewards Visa® Business Card report to?
As a business credit card, the U.S. Bank Triple Cash Rewards Visa® Business Card* does not report to your personal credit report as long as it is in good standing. Applicants will receive an inquiry on their personal credit when they apply. This inquiry typically drops credit scores marginally for a limited time. While it doesn’t report to your personal credit report, U.S. Bank does report to Dun and Bradstreet (D&B) and the Small Business Financial Exchange (SBFE).
