U.S. Bank Hikes a Business Card’s Bonus, Trims 0% APR on Another

The U.S. Bank Business Cash Rewards card has significantly boosted its welcome offer; the U.S. Bank Business Platinum has slashed its 0% intro APR offer.

Robin Saks FrankelJuly 2, 2019
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The terms of the U.S. Bank Business Cash Rewards World Elite™ MasterCard® have changed, and this article is out of date. See our details page on the U.S. Bank Business Cash Rewards World Elite™ MasterCard® for up-to-date details.

U.S. Bank has raised the stakes on one of its business credit cards.

The U.S. Bank Business Cash Rewards World Elite™ MasterCard® now offers the following sign-up bonus: 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. The previous offer was lower but easier to attain, allowing new cardholders to earn $200 in bonus cash after spending $1,000 in eligible purchases within the first 90 days.

Unfortunately, the issuer is also making a negative change to a different business card, slashing the 0% intro APR offer for the U.S. Bank Business Platinum. What was once an extra-lengthy introductory period of 20 billing cycles at 0% for purchases and balance transfers has been reduced to a run-of-the-mill offer: Get an intro 0% APR for 20 billing cycles on purchases and balance transfers, and then the ongoing APR of 9.99% - 17.99% Variable APR.

All other details remain the same on both cards:

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

Annual fee: $0*.

Rewards:

  • Earn 3% cash back on eligible gas station, office supply store and cell phone/service provider net purchases.

  • Earn 1% cash back on other eligible net purchases.

APR: 0% Intro APR on purchases and balance transfers for the first 15 billing cycles, and then the ongoing APR of 11.99% - 22.99% Variable APR.

Foreign transaction fee: 

  • 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. dollars.

  • 3% of each foreign purchase transaction or foreign ATM advance transaction in a foreign currency.

U.S. Bank Business Platinum

Annual fee: $0.

Rewards: None.

APR: 0% APR for 20 billing cycles on purchases and balance transfers, and then the ongoing APR of 9.99% - 17.99% Variable APR.

Foreign transaction fee: 3%.

Also of note: The U.S. Bank Business Platinum is available only to applicants within 26 eligible states.

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