The U.S. Bank Triple Cash Rewards Visa® Business Card is a no-annual-fee business credit card that provides exceptional value. It has a generous cash-back rewards structure, a useful statement credit offer and an excellent welcome bonus. To top it all off, new account holders can take advantage of an introductory APR offer for purchases and balance transfers.
CNBC Select has the details on this card's rewards, benefits, fees and more.
The U.S. Bank Triple Cash Rewards Visa® Business Card is a no-annual-fee business card that earns cash back rewards on a variety of business and everyday categories.
- Annual $100 software statement credit
- Valuable welcome bonus
- Has a foreign transaction fee
- Not very rewarding for purchases you make outside of the bonus categories
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn $750 in cash back. Just spend $6,000 on the Account Owner's card in the first 180 days of opening your account.
- Earn 3% cash back on eligible purchases at gas and EV charging stations (transactions of $200 or less)*, office supply stores, cell phone service providers and restaurants (*excludes discount stores/supercenters and wholesale clubs).
- 1% cash back on all other eligible purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Travel Center when using your card.
- Take control of your card spend with U.S. Bank Spend Management—a game-changing platform for monitoring and managing business expenses.
- No limit on total cash back earned.
- Redeem Cash Rewards right away or save them for later. Cash Rewards do not expire as long as the account remains active.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
- Terms and conditions apply.
Balance transfer fee
Either 5% of the amount of each transfer or $5 minimum, whichever is greater.
U.S. Bank Business Triple Cash Rewards card review
Welcome bonus
Earn $750 in cash back after spending $6,000 on the Account Owner's card in the first 180 days of account opening.
Benefits and perks
U.S. Bank Triple Cash Rewards Visa Business Card members can earn money back every year they have this card. You'll get a $100 statement credit annually for recurring software subscription expenses such as FreshBooks or QuickBooks. This isn't the most straightforward statement credit to earn, but it's practical because most side hustles and small businesses are already paying monthly software subscription fees.
How to earn and redeem cash back rewards
Earning
The U.S. Bank Triple Cash Rewards Visa Business Card earns cash back at the following rates:
- 5% back on prepaid hotels and rental cars booked through the U.S. Bank Travel Rewards Center
- 3% back at office supply stores
- 3% back at gas and EV charging stations (on transactions $200 or less; excludes discount stores/supercenters and wholesale clubs)
- 3% back at restaurants
- 3% back with cell phone service providers
- 1% back on all other eligible purchases
Redeeming
You can redeem your cash back for a statement credit, direct deposit or a U.S. Bank Rewards Card. You can also link your card to Amazon and PayPal and use your rewards to pay for purchases.
To instantly redeem cash back for eligible purchases, you can enroll in Real-Time Rewards. If you do, you'll set a minimum redemption amount and receive a text whenever you make an eligible purchase. You can respond to these prompts to redeem rewards.
Rates and fees
The U.S. Bank Triple Cash Rewards Visa Business Card has no annual fee, but there's a 3% fee for each foreign transaction. A penalty of $41 applies to late payments and $40 for returned payments and over-limit transactions.
Cardholders also get a 0% intro APR for 12 months on purchases and balance transfers, then a variable 17.24% to 26.24% applies.
Card comparison
U.S. Bank Triple Cash Rewards Visa Business vs. Blue Business Plus Credit Card from American Express
Small business owners who are interested in earning travel rewards may prefer the Blue Business® Plus Credit Card from American Express over the U.S. Bank Triple Cash Rewards card. Both cards have no annual fee (see rates and fees), but the Amex Blue Business Plus card earns American Express Membership Rewards® Points. These points can be transferred to a variety of airline and hotel loyalty programs, including Emirates Skywards, Marriott Bonvoy, Delta SkyMiles and JetBlue TrueBlue.
The Amex Blue Business Plus earns 2X points on your first $50,000 in eligible purchases per calendar year, then 1X points (terms and limitations apply). On the surface, the U.S. Bank card is better for bonus category purchases. However, Amex points can be much more valuable than cash back rewards.
The Blue Business® Plus Credit Card from American Express is a great option if you're starting a business because it's affordable, earns flexible travel rewards and offers an intro-APR on purchases for a year.
- Valuable intro-APR offer for purchases for 12 months
- Earns flexible rewards you can transfer to 20+ airline and hotel loyalty programs
- No annual fee
- Bonus rewards for purchases are capped
- Few useful travel insurance benefits
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.74% - 28.49%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter. Terms and limitations apply.
- You've got the power to spend above your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
2.7% of each transaction after conversion to US dollars.
U.S. Bank Triple Cash Rewards Visa Business vs. Ink Business Unlimited
The Ink Business Unlimited® Credit Card (see rates and fees) has no annual fee, an intro APR offer and an exceptionally valuable welcome bonus. It's very similar to the U.S Bank Triple Cash Rewards Business; however, there are two key differences.
It earns at least 1.5% cash back on every purchase, so if your business has a lot of expenses that fall outside of the Triple Cash Rewards' bonus categories, the Ink Business Unlimited may be more valuable to you.
This card can also be a better fit for anyone who already has a Chase credit card that enables point transfers, such as the Chase Sapphire Preferred® Card (see rates and fees), Chase Sapphire Reserve® (see rates and fees) or Ink Business Preferred® Credit Card (see rates and fees). The reason for this is that you can move the rewards you earn with this card to one of the previously mentioned cards and transfer them to any of Chase's travel partners. This option gives you more flexibility in how you use your rewards and can dramatically increase their value.
The Ink Business Unlimited® Credit Card is a flat-rate cash-back card with a strong intro-APR offer for purchases.
- Intro APR for purchases
- Valuable welcome bonus
- No annual fee
- You can't transfer rewards to travel partners without pairing it with another Chase card
- Has a foreign transaction fee
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- 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.
- 0% introductory APR for 12 months on purchases
- Earn 5% total cash back on Lyft rides through 9/30/27.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
Foreign transaction fee
3% of each transaction in U.S. dollars
Is the U.S. Bank Triple Cash Rewards Visa Business right for you?
There's a lot to like about the U.S. Bank Triple Cash Rewards Visa Business Card. It has no annual fee and an extended period to earn its welcome bonus. Plus, the cash back rates are excellent, and if you qualify for the annual software credit, you're effectively getting paid to keep the card.
Anyone looking to finance a business investment or to save on existing credit card debt will find this card's intro APR offer valuable, as well.
The only real knock on this card is that it earns cash back. In general, cash back rewards don't have as much potential value as the best travel rewards. So if you're laser-focused on having your credit card spending pay for your future business trips, you may be better off with a business travel credit card.
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For rates and fees of the Blue Business® Plus Credit Card from American Express, click here.
