This post contains links to products from our advertisers, and we may be compensated when you click on these links. Our recommendations and advice are ours alone, and have not been reviewed by any issuers listed. Terms apply to offers listed on this page. Read our editorial standards.
Review: Is the US Bank Business Triple Cash Rewards the best credit card for you?
If you’re looking for a small business card that earns rewards in popular bonus categories, there are plenty of options for business owners. The
There’s a welcome offer of
That’s a generous bonus for a card without an annual fee. And even though the spending requirement is rather steep, you’ll have roughly five months to complete it.
Read more: The best current credit card sign-up bonuses
The
Who should and shouldn’t consider the US Bank Triple Cash Rewards business card
Like we mentioned before, there are lots of cards for small businesses of all kinds, so it’s important to choose one that will reward the spending you’re already doing for your business.
If you spend a lot in the bonus categories and want a card with no annual fee, the
There’s also an annual $100 software credit, which is a nice perk for a no-annual-fee card if you’ll use it for recurring subscriptions like FreshBooks or QuickBooks, which are business software subscriptions to help with receipts, taxes, and invoices. If you use accounting software for your business, getting a $100 discount every year is an added bonus.
If your business has other expenses, such as appliances, shipping, online advertising, or travel, this isn’t a good card for you because you’ll only earn 1% cash back and other cards offer better rewards for those purchases.
Read more: Guide to the best small-business credit cards
The
Because the card has no annual fee, there’s no ongoing cost to think about, so you could open it and see if it’s worthwhile and rewarding for your business. The
Comparison: US Bank Triple Cash Rewards vs other US Bank cards
|
|
|
|
|
|
Annual fee |
|
|
|
|
Rewards rate |
5% cash back on prepaid hotels and car rentals booked directly in the US Bank Travel Rewards Center 3% cash back at gas and EV charging stations 3% cash back at office supply stores 3% cash back on cell phone service providers 3% cash back at restaurants 1% cash back on all other eligible purchases |
4x points on takeout, food delivery, and dining 2x points at grocery stores, grocery delivery, streaming services, and gas stations 1 point per dollar on all other eligible purchases |
5x points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center 4x points on travel and at gas stations 2x points at grocery stores, grocery delivery, dining, and streaming services 1 point per dollar on all other eligible purchases |
|
Welcome bonus |
|
|
|
|
Card benefits |
Introductory 0% APR offer on purchases and balance transfers for the first 15 months, then a $100 annual software credit World Elite Mastercard benefits
|
Introductory 0% APR offer on purchases and balance transfers for the first 12 months, then a $15 annual credit for streaming service purchases Roadside dispatch Travel and emergency assistance services Visa Signature benefits No foreign transaction fees |
$30 annual credit for streaming service purchases Global Entry/TSA PreCheck application fee credit Cell phone protection Roadside dispatch Travel and emergency assistance services Visa Signature benefits No foreign transaction fees |
|
Review |
Triple Cash Rewards vs other cash-back business credit cards
|
|
|
|
|
|
Annual fee |
|
|
|
|
Rewards rate |
5% cash back on prepaid hotels and car rentals booked directly in the US Bank Travel Rewards Center 3% cash back at gas and EV charging stations 3% cash back at office supply stores 3% cash back on cell phone service providers 3% cash back at restaurants 1% cash back on all other eligible purchases |
5% cash back (5x points) at office supply stores and on internet, cable, and phone services*** 2% cash back (2x points) at gas stations and restaurants*** 1% cash back (1x points) on all other purchases |
2% cash back on the first $50,000 in purchases each year, then 1% (cash back is received in the form of a statement credit) |
|
Welcome bonus |
|
|
|
|
Card benefits |
Introductory 0% APR offer on purchases and balance transfers for the first 15 months, then a $100 annual software credit World Elite Mastercard benefits |
0% APR on purchases for the first 12 months of account opening, then a Primary car rental insurance (when renting for business purposes) Extended warranty Purchase protection Travel and emergency assistance services Roadside dispatch |
0% APR on purchases for the first 12 months, then a Extended warranty Purchase protection Secondary car rental insurance Global Assist Hotline Discounts and bonuses through Amex Offers** |
|
Review |
*5% cash back and 2% cash back on the
How to earn rewards from the US Bank Triple Cash Rewards card
With the
- Gas stations and electric vehicle charging stations (purchases of gasoline or electric vehicle charging greater than $200 will not be deemed to be a purchase of automotive fuel and will only earn 1% cash back)
- Office supply stores
- Cell phone service providers
- Restaurants
You’ll earn 1% cash back on all other eligible purchases.
There are no limits to the rewards you can earn and your rewards never expire as long as your card is open.
Read more: Guide to the best cash-back credit cards
How to use rewards
When you’re ready to redeem your rewards, you can log into your online account and request a statement credit, or deposit rewards to a qualifying US Bank account. Note that the minimum to redeem rewards is $25.
You can also set up Real-Time Rewards and use your points to instantly cover a purchase you’re making with your
You can save your cash rewards for a big purchase, or use them as you go along for statement credits toward eligible purchases.
Benefits and features
The main benefit of the
0% introductory APR offer
New
Read more: The best low interest and 0% APR credit cards
Getting 15 billing cycles with 0% APR is a great offer on any card, but especially rare for a small-business card. If you’re responsible with the offer, it can be a way to float business spending or acquire new equipment or promotion for your business. To make the most of it, be sure to pay off your balance before the introductory offer expires to avoid interest costs.
$100 annual software credit
When you use the
World Elite Mastercard benefits
Because the
Access to the Rewards Center Earn Mall
When you shop online and pay with your
Real-Time Rewards
US Bank is unique in that you can instantly redeem your points via text for eligible purchases. You’ll need to enroll in the service. Then, you’ll receive a text when you make a purchase asking if you want to instantly redeem your points. Simply reply with “REDEEM” to complete the redemption. Points will instantly be deducted from your balance.
Fees and costs
The
Read more: The best credit cards with no foreign transaction fees
Like most other cards, there are fees for balance transfers, cash advances, and late or returned payments.
Powered by WPeMatico
