The U.S. Bank Business Triple Cash Rewards Visa® is a great option for businesses that have recurring subscription expenses for software like FreshBooks or QuickBooks. This small business credit card allows you to earn unlimited cash back rewards on your purchases and charges no annual fee. It also offers a 0% introductory annual percentage rate (APR) on purchases and balance transfers for the first 15 billing cycles.
U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard
BEST FOR:
0% APR for 15 billing cycles
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- Limited time offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations, office supply stores, cellphone service providers. and restaurants.
- 1% cash back on all other eligible net purchases.
- No limit on total cash back earned.
- Rewards never expire
- Earn an annual $100 statement credit for recurring software subscription expenses like FreshBooks or QuickBooks.
- 0% Intro APR on purchase and balance transfers for 15 billing cycles. After that, a variable APR that is currently 13.99% to 22.99%.
- No annual fee.
- Great offer from U.S. Bank, a 2021 World's Most Ethical Company® - Ethisphere Institute, February 2021.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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 1 year from the expiration of warranties of 5 years or less. An item with a 6-month warranty would be backed for an additional 6 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.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® the card that gives back on all your eligible business needs.
- Limited time offer: Earn $500 in cash back. Just spend $4,500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations, office supply stores, cellphone service providers. and restaurants.
- 1% cash back on all other eligible net purchases.
- No limit on total cash back earned.
- Rewards never expire
- Earn an annual $100 statement credit for recurring software subscription expenses like FreshBooks or QuickBooks.
- 0% Intro APR on purchase and balance transfers for 15 billing cycles. After that, a variable APR that is currently 13.99% to 22.99%.
- No annual fee.
- Great offer from U.S. Bank, a 2021 World's Most Ethical Company® - Ethisphere Institute, February 2021.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- No annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- 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 1 year from the expiration of warranties of 5 years or less. An item with a 6-month warranty would be backed for an additional 6 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.
How We Evaluate Cash Back Rewards Business Credit Cards
When grading cash back business credit cards like the U.S. Bank Business Triple Cash Rewards Visa®, we weigh ongoing rewards first. We rate introductory rewards as slightly less important, but they are still considered the second biggest factor in our evaluation. We also take into account the annual fee, introductory and ongoing APRs, and other card benefits.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 25 | 33 |
Introductory Rewards | 15 | 20 |
Annual Fee | 15 | 15 |
Features | 10 | 15 |
Introductory APR | 8 | 10 |
Ongoing APR | 10 | 10 |
Total Score | 83 | 100 |
Who U.S. Bank Business Triple Cash Rewards Visa® is Best For
- Business 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.
- Business owners who spend on software subscriptions: The U.S. Bank Business Triple Cash Rewards Visa® becomes more valuable if your business has recurring subscription expenses for software such as FreshBooks and QuickBooks, as it offers an annual statement credit of $100 for these subscriptions.
U.S. Bank Business Triple Cash Rewards Visa® Fees
- Introductory APR: 0% on purchases and balance transfers for the first 15 billing cycles
- Ongoing APR: 13.99% to 22.99% variable, which will adjust with the prime rate
- Annual fee: None
- Balance transfer fee: $5 or 3% of the transfer during the application, whichever is greater
- Foreign transaction fee: 3% of each foreign transaction
- Cash advance fee: $10 or 5% of the advance, whichever is greater—cash advance APR is 25.99% variable
U.S. Bank Business Triple Cash Rewards Visa® Rewards
- 3% cash back on eligible net purchases at gas stations, office supply stores, restaurants, and cellphone service providers. Purchases of gasoline greater than $200 will only earn a reward of 1%.
- 1% cash back on all other net purchases.
- $100 statement credit for recurring software subscription expenses like FreshBooks or QuickBooks.
- Welcome offer: Earn $500 in cash back after you spend $4,500 on eligible purchases within the first 150 days of opening your account.
You may redeem your cash back rewards as a statement credit, a credit to your U.S. Bank Rewards card, or as a deposit to your U.S. Bank business checking, savings, or money market account. The number of rewards that may accumulate for your account is unlimited. Accumulated rewards won’t expire as long as your credit card account remains open.
U.S. Bank Business Triple Cash Rewards Visa® Additional Features
Car Rental Collision Damage Waiver
When you rent a car using your U.S. Bank card, you’re covered up to $50,000 for accidents or theft on all rentals 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 vehicles with fewer than four wheels aren’t covered by this insurance.
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 incident, up to $25,000 per year for each account. Coverage doesn’t 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 to your U.S. Bank card up to $10,000. Items that aren’t covered include motorized vehicles, real estate, medical equipment, preowned items, and items purchased for resale.
Account Management Tools
The U.S. Bank Business Triple Cash Rewards Visa® features several spending controls and protections that can help your business manage risk. U.S. Bank helps protect your business from unauthorized purchases with zero fraud liability, chip technology, and 24/7 fraud monitoring. It has a free online tool that can access reporting to help track spending. 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.
Pros & Cons Explained
Pros of U.S. Bank Business Triple Cash Rewards Visa®
- 0% APR applies to both purchases and balance transfers: The U.S. Bank Business Triple Cash Rewards Visa® offers a 0% introductory APR on both balance transfers and purchases for 15 billing cycles. If you need to finance a large purchase or transfer a balance from your other credit card, you can enjoy interest-free financing as long as you pay off your balance in full before the promo period ends.
- Unlimited cash back rewards: With U.S. Bank Business Triple Cash Rewards Visa®, there’s no limit on the total amount of cash back you can earn, and your rewards never expire as long as your account remains open.
- No annual fee: The U.S. Bank Business Triple Cash Rewards Visa® doesn’t charge an annual fee, allowing you to take advantage of unlimited cash back rewards on your purchases.
Cons of U.S. Bank Business Triple Cash Rewards Visa®
- Balance transfer fee is charged even during the introductory period: While U.S. Bank Business Triple Cash Rewards Visa® offers a 0% introductory APR on balance transfers for the first 15 billing cycles, you’ll still be charged a balance transfer fee, which is 3% of the transfer amount or a minimum of $5.
- Intro APR doesn’t apply to cash advances: The introductory 0% APR is applied to both purchases and balance transfers; however, it doesn’t apply to cash advances. All cash advances are subject to a 25.99% APR.
U.S. Bank Business Triple Cash Rewards Visa® Alternatives
Chase Ink Business Preferred®
Chase Ink Business Preferred® is an excellent option for business owners who frequently travel and would prefer to earn travel rewards. Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards®. This business credit card is also great if your business spends money for advertising on social media sites like Google or Facebook.
Ink Business Preferred® Credit Card
BEST FOR:
Maximizing travel rewards at a lower annual fee
- Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $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 Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Doesn’t 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.
- Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $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 Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Doesn’t 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®
The Chase Ink Business Cash® card is a good alternative if you can spend $7,500 on purchases in the first three months after opening an account as it offers a $750 welcome bonus. This is also a good alternative if you don’t need to transfer a balance from another credit card because its 12-month 0% introductory APR only applies to purchases.
Ink Business Cash® Credit Card
BEST FOR:
Office-based businesses that want top cash back rewards
- Earn $750 bonus cash back after you spend $7,500 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 purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
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 United States 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 US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
- Earn $750 bonus cash back after you spend $7,500 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 purchases
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- 0% introductory APR for 12 months on purchases
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 United States 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 US manufacturer’s warranty by an additional year on eligible warranties of 3 years or less.
Bank of America® Business Advantage Cash Rewards Mastercard®
If you have an existing banking relationship with Bank of America, you may want to consider applying for the Bank of America® Business Advantage Cash Rewards Mastercard®. This business credit card offers up to 75% more rewards on purchases for business owners who are members of the Preferred Rewards for Business Platinum Honors tier.
Bank of America® Business Advantage Cash Rewards Mastercard® credit card
BEST FOR:
Up to 3% cash back in a spending category of your choice
9 billing cycles
- 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.
9 billing cycles
- 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 Triple Cash Rewards Visa® has no annual fee and is best for businesses that often spend money on eligible categories such as office supplies, gas, and cellphone services. This card also offers a $100 statement credit for recurring software subscription services. To find other cards that may be a better fit for you, check out our Credit Card Marketplace.
