U.S. Bank Business Platinum Card Review [2025]: Good Intro APRs, No Rewards

Card basics

Card type	Business/Balance transfer
Credit card issuer	U.S. Bank
Annual fee	$0
Intro APR on balance transfers	0% intro APR for 12 billing cycles on balance transfers, then 16.99% to 25.99% (variable) APR
Intro APR on purchases	0% intro APR for 12 billing cycles on purchases, then 16.99% to 25.99% (variable) APR
Rewards rate	N/A
Recommended credit score	Excellent, Good
Foreign transaction fee	3%

Who should get the U.S. Bank Business Platinum Card?

The U.S. Bank Business Platinum Card would make the most sense for you if:

• You're a small business owner who wants to take advantage of long intro APR periods (for a balance transfer, upcoming large purchases, or both).
• You already have a great cashback business credit card.
• You're not looking for a business credit card for travel right now.

You also don't have to worry about an annual cost with a $0 annual fee. Plus, you get benefits such as purchase and extended warranty coverage to help protect eligible purchases.

But keep in mind that the U.S. Bank Business Platinum doesn't provide a welcome bonus to new cardholders and doesn't earn any rewards. So if you're after earning cash back, points, or miles, there are credit cards available, including other U.S. Bank credit card offers, that might be a better fit.

U.S. Bank Business Platinum Card benefits and perks

• $0 annual fee: Avoid a yearly cost with a $0 annual fee.
• Introductory APR offer on balance transfers: 0% intro APR for 12 billing cycles on balance transfers (then 16.99% to 25.99% (Variable)). Balance transfers must be made within 30 days of your account opening.
• Introductory APR offer on purchases: 0% intro APR for 12 billing cycles on purchases (then 16.99% to 25.99% (Variable)).
• Free employee cards: Add cards for employees at no additional cost.
• U.S. Bank ExtendPay: Make monthly payments toward large purchases using the U.S. Bank ExtendPay program. You don't have to pay any interest charges on these payments, but there's a fixed monthly fee.
• Visa benefits: Take advantage of Visa card benefits, including an auto rental collision damage waiver, purchase security, extended warranty protection, and travel and emergency assistance services.

Drawbacks to the U.S. Bank Business Platinum Card

• No welcome bonus: There's typically no welcome bonus for new cardholders on the U.S. Bank Business Platinum Card.
• No rewards: This card doesn't offer rewards of any kind, including cash back, points, or miles. Check out some of the best business credit cards for business cards that have rewards programs.
• Foreign transaction fees: You have to pay 3% per transaction in foreign transaction fees, so this isn't the best card for travel. Learn more about the best business credit cards for travel.

Other cards to consider

The U.S. Bank Business Platinum Card might not be the right fit for you. If that's the case, compare credit cards to find a card that makes more sense. Here are two of our recommendations:

U.S. Bank Triple Cash Rewards Visa^® Business Card

The U.S. Bank Triple Cash Rewards Visa^® Business Card has a $0 annual fee and provides 0% intro APR for 12 billing cycles on balance transfers (then 17.99% to 26.99% (Variable)). But different from the U.S. Bank Business Platinum Card, you can also earn a valuable welcome bonus and cashback rewards on all your eligible purchases, which you can redeem through the U.S. Bank Rewards Center.

Learn more in our U.S. Bank Business Triple Cash Rewards review.

Wells Fargo Business Platinum Credit Card

The Wells Fargo Business Platinum Credit Card has a $0 annual fee and provides 0% intro APR for 9 months on qualifying balance transfers (then 20.74% + prime rate). You can also earn 1.5% cash rewards per dollar spent, or earn 1 point per dollar spent and receive 1,000 bonus points each month you spend more than $1,000.

Check out our Wells Fargo Business Platinum review.

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