U.S. Bank Business Leverage® Visa Signature® Card
Best For: Expenses that shift from month to month
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 16.49% Variable | No annual fee for the first year, $95 thereafter | Excellent |
The U.S. Bank Business Leverage® Visa Signature® Card allows you to earn 2x points on eligible net purchases made in the top two categories where you spend the most each month. This small business credit card offers rewards in 48 eligible categories with no caps or limits on the total points you can earn.
Who U.S. Bank Business Leverage® Visa Signature® Card Is Best For
- Owners with expenses that shift month to month: U.S. Bank Business Leverage® Visa Signature® Card offers ongoing rewards in 48 eligible categories, which lets you earn 2x points per dollar spent in the top two categories where you spend most.
- Owners who need a number of employee credit cards: The U.S. Bank Business Leverage® Visa Signature® Card offers free employee cards with no annual fee.
How We Evaluate Points Rewards Business Credit Cards
When grading points rewards business credit cards like the U.S. Bank Business Leverage® Visa Signature® Card, we put a lot of weight on ongoing and introductory rewards. We also take into account the annual fee, introductory and ongoing annual percentage rates (APRs), and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 30 |
Introductory Rewards | 20 | 20 |
Annual Fee | 10 | 15 |
Features | 15 | 15 |
Introductory APR | 0 | 10 |
Ongoing APR | 5 | 10 |
Total Score | 70 | 100 |
U.S. Bank Business Leverage® Visa Signature® Card Fees
- Introductory APR: None
- Ongoing APR: 16.49% variable, which will adjust with the prime rate
- Annual fee: None for the first year; $95 thereafter for account owners
- Balance transfer fee: $5, or 5% of the transaction during application, whichever is greater; $5, or 3% of the transaction thereafter
- Foreign transaction fee: None
- Cash advance fee: $15, or 5% of the advance, whichever is greater (23.99% cash advance APR)
U.S. Bank Business Leverage® Visa Signature® Card Rewards
- 2x points per dollar spent on eligible net purchases in the top two categories where you spend the most each month
- 1X point per dollar spent on all other eligible net purchases
Welcome offer: Earn 75,000 points worth $750 cash back after spending $7,500 in eligible net purchases on the account owner’s card within the first four months of account opening
You can redeem your rewards as a statement credit or deposit into your U.S. Bank business checking, savings, or money market account with a $50 minimum deposit. You can also redeem them for airline tickets on more than 150 airlines with no blackout dates or as gift cards from hundreds of retailers.
U.S. Bank Business Leverage® Visa Signature® Card Features
Auto Rental Collision Damage Waiver
When you rent a car using your U.S. Bank business credit card, you’re covered up to the cash value of the vehicle in case of accident or theft on rentals made in the United States and most foreign countries. Coverage is secondary if you have personal auto insurance, which means you’ll have to file a claim with your insurance company first. U.S. Bank will reimburse you for your insurance deductible.
Purchase Protection
U.S. Bank may repair or reimburse you for items purchased with your U.S. Bank Business Leverage® Visa Signature® Card that are damaged or stolen within 90 days of purchase. Coverage is limited to $500 per claim and up to $50,000 per cardholder. Items that are not covered include animals, living plants, motorized vehicles, collectibles, jewelry, items for resale, and those that are lost in an unexplained manner.
Extended Warranty Protection
U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of three years or less. U.S. Bank will replace the item or reimburse you up to the amount charged in your U.S. Bank card up to $10,000. Items that are not covered include motorized vehicles, real estate, leased items, medical equipment, preowned items, and items purchased for resale.
Travel Accident Insurance
Travel accident insurance is provided if you die or lose a limb, sight, speech, or hearing in a plane, train, ferry, or cruise ship accident for travels paid with your U.S. Bank card. The maximum coverage of $500,000 is only available in the event of death. Injuries are eligible for $125,000 to $250,000 in coverage. Self-inflicted injuries, underlying illnesses, infections not resulting from wounds caused by the accident, and injuries sustained while riding as a pilot or crew member are not covered.
Travel and Emergency Services
Visa will provide travel, emergency, medical and legal assistance 24 hours a day to the cardholder, the cardholder’s spouse, or a dependent child under the age of 22. You can request assistance by calling its toll-free numbers. However, you will be responsible for the cost of services provided.
Lost Luggage Reimbursement
U.S. Bank will provide reimbursement up to $3,000 per trip if your checked luggage or carry-on bags and its contents are lost due to theft or misdirection from the plane, train, ferry, or cruise ship. To be eligible, the travel should be paid for using your U.S. Bank card. This benefit is supplemental to any insurance you might hold or reimbursements from the travel operator. It covers the difference between the amount claimed and what you were paid. Items that are not covered include motorized vehicles, tickets, perishables, business items, cellular phones, traveler’s checks, and prosthetics.
Account Management Tools
The U.S. Bank Business Leverage® Visa Signature® Card also comes with a number of spending controls and protections that can help your business manage risk. It includes a reporting tool, which makes it easier to track and monitor expenses with a chart that shows your spending information at a glance. A liability waiver is available, and it covers eligible transactions billed or made 75 days prior to or up to 14 days after you terminate an employee.
U.S. Bank Business Leverage® Visa Signature® Card Alternatives
Chase Ink Business Preferred®
Ink Business Preferred® Credit Card
Best For: Maximizing travel rewards at a lower annual fee
| Intro APR | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 15.99% to 20.99% Variable | $95 | Good to Excellent |
Chase Ink Business Cash®
Ink Business Cash® Credit Card
Best For: Office-based businesses that want top cash back rewards
| Intro APR ?0% APR for 12 months on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% Intro APR on Purchases | 13.24% - 19.24% Variable | $0 |
Bank of America® Business Advantage Cash Rewards®
Bank of America® Business Advantage Cash Rewards Mastercard® credit card
Best For: Up to 3% cash back in a spending category of your choice
| Intro APR ?0% APR for nine billing cycles on purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
|
0% 9 billing cycles |
12.24% - 22.24% Variable APR on purchases | $0.00 | Excellent |
Bottom Line
The U.S. Bank Business Leverage® Visa Signature® Card offers rewards in various spending categories at a low annual fee. It also offers automatic bonus points in the top two categories you spend in each month. If this card is not what you are looking for, review the top credit cards to find other cards that may be a better fit for your business’s needs.
