U.S. Bank Business Triple Cash Rewards World Elite Mastercard® is a great option for businesses with recurring subscription expenses for software like FreshBooks or QuickBooks and those needing to make large purchases. It allows you to earn unlimited cash back rewards on your purchases and has no annual fee.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 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 and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
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 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.
Intro APR
Regular APR
19.24% - 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 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 and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
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 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.
When grading cash back business credit cards like the U.S. Bank Business Triple Cash Rewards World Elite Mastercard®, we rate ongoing rewards first. We also evaluate the introductory rewards, annual fees, introductory and ongoing 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 | 10 | 10 |
Ongoing APR | 10 | 10 |
Total Score | 85 | 100 |
Who the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Is Best For
- Those with frequent expenses on gas, office supplies, and cell phone services: You can earn 3% cash back rewards from eligible purchases, including gas, office supplies, and cellular phone services.
- Those with software subscriptions: The card 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.
- Those who need to make large purchases: It offers a 0% introductory APR on both purchases and balance transfers for the first 15 billing cycles.
If this isn’t the card for you, then check out our recommended alternatives below.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Rewards
- Sign-up bonus of $500 cash back after spending at least $4,500 in eligible purchases within the first 150 days from account opening
- 5% cash back on prepaid hotels and car rentals directly booked in the Travel Rewards Center
- 3% cash back on eligible purchases at gas and electric vehicle (EV) charging stations, office supply stores, cell phone service providers, and restaurants
- 1% cash back on all other eligible purchases
- $100 statement credit for recurring software subscription expenses, such as FreshBooks or QuickBooks, within two statement billing cycles following 11 consecutive months of eligible software service purchases made directly with a software service provider
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Calculator
Find out how much you can earn from U.S. Bank Business Triple Cash Rewards World Elite Mastercard® based on your estimated annual expenses per spending category mentioned above. Use our rewards calculator to compute your potential rewards—just enter your expected annual spending on each category, and our calculator will do the rest.
It should be noted that the sign-up bonus of $500 cash back is excluded from the calculation.
Cash Back Rewards Explained
You may redeem your cash back rewards as a statement credit, a credit to your U.S. Bank Rewards card, or a deposit to your U.S. Bank business checking, savings, or money market account. Redemption can be done online or via the U.S. Bank Mobile App.
The number of rewards that accumulate is unlimited. Accumulated rewards won’t expire as long as your credit card account remains open.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Features
U.S. Bank Benefits
- Account management tools: You get access to reporting that helps you track your spending. Automatic payment tools are also available to give you the flexibility to pay off everyday purchases in full.
- Pay over time: You can divide large purchases into fixed monthly payments with the U.S. Bank ExtendPay™ Plan with no interest.
Mastercard® Benefits
- MasterRental® car rental collision damage waiver insurance: This lets you get auto rental coverage by charging your whole rental transaction to your card and declining the extra collision insurance (or loss damage waiver) offered by the rental company.
- Airport concierge: This lets you receive a 15% discount on a dedicated “Meet & Greet” escort service to guide you upon departure, arrival, or any connecting flights at over 450 destinations worldwide.
- Mastercard Easy Savings® Program: This lets you save on qualifying purchases at participating merchants included in the program. Your savings will appear as automatic credits on your future account statements.
- Mastercard ID Theft Protection™: This gives you access to a number of identity theft resolution services, should you suspect you are a victim of identity theft.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Fees
APR
- Introductory on purchases: 0% for the first 15 billing cycles
- Introductory on balance transfers: 0% for the first billing cycles for balances transferred within 30 days from account opening
- Ongoing and balance transfers: 19.24% to 28.24% variable, which will adjust with the prime rate
- Cash advance: 29.99% variable, which will adjust with the prime rate
- Balance transfer: 0% introductory APR for the first 15 billing cycles within 30 days from account opening. After that, an APR of 19.24% to 28.24% will be applied, based on your creditworthiness
- Penalty
This will continue to apply until you have made six consecutive minimum payments when due and do not exceed your credit limit during that period.
: 29.99% variable; will be applied to your account if you:
- Made payments five calendar days late twice or 30 calendar days late once
- Made a returned payment
- Exceeded your credit limit two times within the past 12 months
Fees
- Minimum interest charge: No less than $1
- Annual: None
- Balance transfer and convenience check cash advance: Either $5 or 3% of the transfer/advance, whichever is greater
- Foreign transaction: 3% of each foreign transaction
- Cash advance, cash advance ATM, and cash equivalent advance: Either $10 or 5% of the advance, whichever is greater
- Overdraft protection: None
- ExtendPay: Monthly fee that didn’t exceed 1.6% of the original principal amount in an ExtendPay Plan or ExtendPay Loan
- Late payment, returned payment, and overlimit: $40
Your date is 24 to 30 days after the close of each billing cycle.
- In-person: Find a U.S. Bank ATM or branch near you by visiting usbank.com.
- Online: Make payments electronically via autopay or a one-time payment through the U.S. Bank website.
- Mobile app: Pay your credit card bills through the U.S. Bank Mobile App.
- Phone: Call the number found on the back of your card or call (866) 485-4545.
- Mail: Send your check or money order through regular mail or overnight delivery:
Regular mail:
Cardmember Service
PO Box 790408
St. Louis, MO 63179-0408
Overnight delivery:
Cardmember Service ATTN: 790408
824 N. 11th St.
St. Louis, MO 63101-1016
When To Consider U.S. Bank Business Triple Cash Rewards World Elite Mastercard® Alternatives
You Intend to Spend Beyond Your Credit Limit
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
18.49% - 26.49% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- $0 annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® will not let you spend beyond your credit limit. If you need this particular feature, our suggestion is the American Express Blue Business Cash™ Card. It offers expanded buying power, which adjusts your credit limit based on your usage, payment history, credit record, and financial resources. Its unique feature, cash back rewards, and 0% introductory period on purchases are why we recommend it as our best cash back business credit card and include it in our roundups of the leading small business credit cards and best credit cards for new businesses with no credit history.
You Prefer an Alternative U.S. Bank Business Credit Card
U.S. Bank Business Platinum Card
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
Regular APR
17.24% - 26.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 17.24%-26.24%.
- 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
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
Intro APR
Regular APR
17.24% - 26.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 17.24%-26.24%.
- 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
Pros
- With a long 0% introductory APR period on purchases and balance transfers
- Does not charge annual fees
- Offers ExtendPay® Plan
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Needs Excellent/Good credit score to qualify
- SinglePoint® Essentials: SinglePoint® Essentials is U.S. Bank’s one-stop tool for viewing account balances and transaction details, transferring funds between existing U.S. Bank accounts, downloading statements, and making payments.
- Fraud protection: U.S. Bank offers fraud protection to ensure the safety and security of all cardholders. To learn more about U.S. Bank’s fraud protection services, you can set up a virtual appointment, call U.S. Bank, or go to the nearest U.S. Bank branch.
- ExtendPay® plan: This allows you to pay off balances over time by dividing eligible credit card purchases into affordable monthly payments with no interest—you only need to pay a fixed monthly fee.
Visa Spend Clarity: Another tool that cardholders can use to track spending and manage finances is Visa Spend Clarity.
Consider the U.S. Bank Business Platinum Card if you are looking to finance a large purchase or transfer a significant balance, as it offers a 0% introductory period on purchases and balance transfers for the first 18 billing cycles, compared to U.S. Bank Triple Cash Rewards World Elite Mastercard®, which offers a 0% introductory period for the first 15 billing cycles. Despite not offering rewards for its new and existing cardholders, its long 0% introductory period is our reason for recommending it as our top 0% APR business credit card and our best business credit card for balance transfers.
Check out our full list of the leading U.S. Bank business credit cards for more options.
You Want Higher Rewards on Office-based Purchases
Ink Business Cash® Credit Card
BEST FOR:
Office-based businesses that want top cash back rewards
Intro APR
0% Intro APR on Purchases
Regular APR
18.49% - 24.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $900 bonus cash back after you spend $6,000 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 purchases
- Round-the-clock monitoring for unusual credit card purchases
- 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
- Member FDIC
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 United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
Intro APR
0% Intro APR on Purchases
Regular APR
18.49% - 24.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $900 bonus cash back after you spend $6,000 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 purchases
- Round-the-clock monitoring for unusual credit card purchases
- 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
- Member FDIC
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 United States manufacturer’s warranty by an additional year on eligible warranties of three years or less.
If you wish to earn higher cash back rewards on office supply purchases, internet cable, and phone services, our recommended alternative is the Chase Ink Business Cash® Credit Card. On top of earning higher rewards on selected spending categories, you can also redeem your earned rewards on a number of options. Its rewards, flexible redemption options, and a 0% introductory period on purchases made it our top-recommended credit card for nonprofits and leading business credit cards for startups.
Bottom Line
U.S. Bank Business Triple Cash Rewards World Elite Mastercard® is optimal if you make frequent purchases on gas, office supplies, and cell phone services and are intending to make large purchases. It offers a 0% introductory APR on purchases and balance transfers for the first 15 billing cycles, which is one of the longest interest-free financing periods offered by a small business credit card.
