U.S. Bank Business Cash Rewards World Elite™ Mastercard®

On US Bank's Secure Website

Rating 4 4

Best For: 0% APR for 15 Billing Cycles

Intro APR ^?0% APR for 15 billing cycles on purchases and balance transfers	Regular APR	Annual Fee	Credit Needed
0%*	11.99% - 22.99% Variable	$0*	Excellent

Earn a new cardmember bonus of $500 after you spend $4,500 in eligible net purchases on your card within the first 150 days of account opening
0% Intro APR on purchases for the first 15 billing cycles. After that variable APR currently 11.99% - 22.99%
3% cash back on eligible gas station, office supply store and cell phone/service provider net purchases
1% cash back on other eligible net purchases
No limit on total rewards and they never expire!
Plus, a 25% Annual Cash Rewards bonus, up to $250
No annual fee*
Net purchases are purchases minus credits and returns

Pros

A 0% APR period on purchases on balance transfers
25% annual cash rewards bonus

Cons

Small introductory bonus offer
Balance transfer fee

MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year per account. Lost items and items left out of reach that others can see are not covered.
Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.

The U.S. Bank Business Cash Rewards World Elite^TM Mastercard® is an excellent credit card because it offers a unique annual bonus that lets you earn 25% of your cash rewards from the previous year, or up to $250. This small business credit card also comes with several additional features like purchase assurance and extended warranty protection.

Who U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Is Best For

Owners with frequent expenses on gas, office supplies, and cellphone services: You can earn 3% cash back rewards from eligible purchases, including gas, office supplies, and cellular phone services.
Owners who spend up to $33,000 annually on eligible categories: The U.S. Bank Business Cash Rewards World Elite^TM Mastercard® becomes more valuable if your business spends up to $33,000 annually on eligible categories as you can earn the maximum annual bonus of $250.

How We Evaluate Cash Back Rewards Business Credit Cards

When grading cash back business credit cards like the U.S. Bank Business Cash Rewards World Elite^TM Mastercard®, we weigh ongoing rewards the heaviest. We rate introductory rewards as slightly less important, but they still are the second-biggest factor in grading a card. 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	25	30
Introductory Rewards	15	20
Annual Fee	15	15
Features	10	15
Introductory APR	8	10
Ongoing APR	10	10
Total Score	83	100

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Fees

Introductory APR: 0% on purchases and balance transfers for the first 15 billing cycles
Ongoing APR: 11.99% to 22.99% variable, which will adjust with the prime rate
Annual fee: None
Balance transfer fee: $5, or 3% of the transfer during application, whichever is greater
Foreign transaction fee: 2% of each foreign purchase transaction or foreign ATM transaction in United States dollars and 3% for each transaction in a foreign currency
Cash advance fee: $10, or 3%, whichever is greater; cash advance APR is 23.99% variable

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Rewards

3% cash back on eligible net purchases at gas stations, office supply stores, and cell phone/service providers
1% cash back on all other net purchases
25% annual bonus of your prior year’s cash rewards, capped at $250, on the anniversary of opening your account

Welcome offer: Earn $500 in cash back after you spend $4,500 in eligible purchases within the first 150 days of opening your account

You can redeem your cash back through a bank deposit to your U.S. Bank business checking, savings, or money market account. You can also redeem your rewards as a statement credit, which will reduce your balance but will not replace the required minimum payment. Another option is to receive your rewards through the U.S. Bank Rewards Mastercard debit card.

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Features

Car Rental Collision Damage Waiver

When you rent a car using your U.S. Bank card, you’re covered up to $50,000 in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or the insurance from the rental agency. Trucks, sport-utility vehicles, vans, recreational vehicles, antique vehicles and any vehicle with fewer than four wheels are not covered by this insurance.

Purchase Assurance

U.S. Bank may repair or be reimbursed for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per incident, up to $25,000 per year for each account. Items that are not covered include motorized vehicles, collectibles, traveler’s checks, tickets, and losses due to wear-and-tear, misuse, and fraudulent, criminal acts.

Extended Warranty Protection

For purchased items with warranties of five years or less, U.S. Bank will double the manufacturer’s warranty up to one additional year. U.S. Bank will replace the item or reimburse the amount charged in your U.S. Bank card up to $10,000. Items that are not covered include motorized vehicles, real estate, medical equipment, preowned items, and items purchased for resale.

MasterAssist Travel Assistance Services

Mastercard provides travel, emergency, medical, and legal assistance 24 hours a day to the cardholder. This is a concierge service, and you will be responsible for the cost of any assistance. You can request assistance by calling 800-307-7309.

Account Management Tools

The U.S. Bank Business Cash Rewards World Elite^TM Mastercard® features a number of spending controls and protections that can help your business manage risk. You will have the ability to set limits on the times and places employees can use their card. It also includes a reporting tool, which makes it easier to track and monitor expenses with a chart that shows your spending information at a glance.

Automatic payment tools are also available to give you the flexibility to pay off everyday purchases in full, accelerate payments to help pay down a balance faster, or pay off larger purchases over time.

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Alternatives

Chase Ink Business Preferred®

Ink Business Preferred® Credit Card

Apply Now

on Ink Business Preferred® Credit Card's secure website.

Fit Small Business Review

Rating 4.5 4.5

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

New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
No foreign transaction fees
Employee cards at no additional cost
$95 Annual Fee

Note: The information related to the Chase Ink Business Preferred® Credit Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

Opportunity to boost the value of reward points
Offers cellphone protection and trip cancellation insurance

Cons

Does not offer an interest-free financing period
Charges an annual fee

Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.

Chase Ink Business Cash^SM

Ink Business Cash℠ Credit Card

Apply Now

On Chase's Secure Website

Fit Small Business Review

Rating 5 5

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	Good - Excellent

Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from 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% introductory APR for 12 months on purchases
Employee cards at no additional cost
No Annual Fee

Note: The information related to the ChaseInk Business Cash℠ Credit Card Card has been collected by fitsmallbusiness.com and has not been reviewed or provided by the issuer of this card.

Pros

Top rewards for office supply spending
Introductory APR on purchases
Cash sign-up bonus

Cons

0% APR doesn’t apply to balance transfers
High balance transfer fee of 5%
Designed mainly for office-oriented companies

Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year.
Extended warranty protection: Extends the time period of the U.S. manufacturer’s warranty by an additional year on eligible warranties of three years or less.

Bank of America® Business Advantage Cash Rewards Mastercard®

Bank of America® Business Advantage Cash Rewards Mastercard® credit card

Apply Now

on Bank of America® Business Advantage Cash Rewards Mastercard® credit card's secure website.

Fit Small Business Review

Rating 3 3

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

Get a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening - with no annual fee and cash rewards don't expire.
Earn 3% cash back in the category of your choice, 2% cash back on dining and unlimited 1% cash back on all other purchases.
You'll get 3% and 2% cash back on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
0% Introductory APR on purchases for your first 9 billing cycles.
Redeem your cash rewards as a statement credit, check, or have cash deposited into a Bank of America® checking or savings account.
Get 75% more cash back on every purchase when you're a Preferred Rewards for Business Platinum Honors tier member. That means you will earn 5.25% on your selected choice category, 3.5% on dining and unlimited 1.75% cash back on all other purchases.

Pros

Statement credit introductory bonus offer
Low ongoing APR

Cons

Highest rewards are capped at $50,000 each year
Earns top rewards in only one spending category

Bank of American does not disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.

Bottom Line

The U.S. Bank Business Cash Rewards World Elite^TM Mastercard® is a no annual fee credit card that is best for businesses that often spend in eligible categories like office supplies, gas, and cellphone services. This card also offers an annual bonus of 25% of the previous year’s rewards up to $250. To find other cards that may be a better fit for you, you may review the top credit cards on the market.

U.S. Bank Business Cash Rewards World EliteTM Mastercard®

U.S. Bank Business Cash Rewards World Elite™ Mastercard®

Pros

Cons

Who U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Is Best For

How We Evaluate Cash Back Rewards Business Credit Cards

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Fees

U.S. Bank Business Cash Rewards World Elite^TM Mastercard® Rewards