/images/2018/01/23/navina-side-hustle-mid_MPfEDfV.jpg)
/images/2019/12/06/smart_strategies_to_save_money_on_car_insurance.jpg)
/authors/ben_walker_updated.png)
/authors/melinda-sineriz-financebuzz.jpg)
The U.S. Bank Triple Cash Rewards Visa® Business Card is a good option for small business owners who spend most of their money on everyday purchases like gas and restaurants. A good cashback credit card for small businesses will offer flexible redemption options and competitive rewards rates for common spending categories, and the U.S. Bank Triple Cash hits the mark.
This card lets you earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers, and restaurants; and 1% cash back on all other eligible purchases.
If most of your business spending is in one of those categories and you prefer to earn cash back rather than travel rewards miles, then the U.S. Bank Triple Cash Rewards Visa® Business Card might work well for you — especially if you drive a lot for work and use a cell phone for business. Plus, this card's rewards never expire and you can redeem them via direct deposit to a U.S. Bank account, statement credits, and U.S. Bank Rewards cards.
Business owners who spend more on office supplies and telecommunications and less on gas and restaurants might be better off with the Ink Business Cash® Credit Card.
- Key takeaways
- Who should get the U.S. Bank Triple Cash Rewards Visa Business Card?
- Card basics
- U.S. Bank Triple Cash Rewards Visa Business Card benefits and perks
- Drawbacks to the U.S. Bank Triple Cash Rewards Visa Business Card
- Earning and redeeming cash back
- U.S. Bank Triple Cash Rewards Visa Business Card FAQs
- Other cards to consider
Key takeaways
- The U.S. Bank Triple Cash Rewards Visa® Business Card is a good choice for small business owners who spend the most on gas or EV charging, office supply stores, and restaurants.
- You can earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers, and restaurants; and 1% cash back on all other eligible purchases.
- If you have a big purchase coming up, then the U.S. Bank Business Triple Cash could help you pay for it over time. The card has a 0% intro APR for 12 billing cycles, then 18.49% to 27.49% (Variable) APR after that.
- The U.S. Business Triple Cash can also give you access to Earn Mall, Real-Time Rewards, and ExtendPay.
Who should get the U.S. Bank Triple Cash Rewards Visa Business Card?
The U.S. Bank Business Triple Cash Rewards is a small business credit card, which means you need to run a business to be eligible for approval. If you’re looking for a personal consumer card, you have plenty of other U.S. Bank credit cards to choose from, including the U.S. Bank Altitude® Go Visa Signature® Card and the U.S. Bank Visa® Platinum Card.
For business owners, this card hits many of the right notes. It offers a generous sign-up bonus and provides cash back for some common business expenses. If the rewards categories on this card align with your business expenses, it could be an excellent option for you — especially because there’s a $0 annual fee.
If your business expenses don’t align with the Triple Cash Rewards rewards categories, it might not make as much sense. There are likely other credit cards, including some of the best U.S. Bank credit cards, that could potentially offer more rewards for your business purchases. Keep in mind that this card typically requires excellent, good credit for approval.
Credit card basics
| Card type | Cash Back/Business |
| Credit card issuer | U.S. Bank |
| Credit card network | Visa |
| Annual fee | $0 |
| Intro bonus | Earn $750 in cash back after spending $6,000 on the account owner's card in the first 180 days of opening your account |
| Reward rate | 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers, and restaurants; and 1% cash back on all other eligible purchases |
| Recommended credit score | Excellent, Good |
| Intro APR | 0% on purchases for 12 billing cycles, and then 18.49% to 27.49% (Variable) |
| Foreign transaction fee | 3% |
Why we like this card: benefits and perks
- Generous welcome bonus: Earn $750 in cash back after spending $6,000 on the account owner's card in the first 180 days of opening your account. It may take up to eight to 10 weeks after meeting the spending requirement to receive the bonus, and purchases made on employee cards will not count toward the minimum spend amount.
- Bonus rewards: Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center; 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers, and restaurants; and 1% cash back on all other eligible purchases.
- No annual fee: There’s a $0 annual fee, so you don’t have to offset an annual cost each year, even for employee cards.
- Software credit: Receive an annual $100 statement credit for specific recurring software subscriptions, including with FreshBooks or QuickBooks. You receive the credit within two billing cycles of having 11 consecutive months of an eligible software subscription, so you won't see that $100 until at least one year after opening the card.
- Introductory APR offers: Receive 0% intro APR on eligible purchases for 12 billing cycles, and then 18.49% to 27.49% (Variable).
- Real-Time Rewards: U.S. Bank’s Real-Time Rewards program lets you immediately redeem your earned rewards for statement credits. Simply enroll in the program through your online account (on the website or mobile app) and you can start redeeming rewards for business purchases in real time.
- World Elite perks: Cardholders automatically receive World Elite Visa perks, which are centered on offering everyday value and access to premium experiences. This typically includes access to Visa global emergency services, cell phone protection, and complimentary professional travel services.
What we don't like about this card: drawbacks
- Foreign transaction fee: Despite earning rewards on travel booked through the Rewards Center, this card comes with a foreign transaction fee. If you’re planning to use your business credit card abroad, then we don't recommend this one. Consider using a card that won’t charge you an additional fee, such as the Capital One Spark Cash Select.
Earning and redeeming cashback rewards
If a cashback card doesn’t offer easy ways for you to earn and redeem rewards, it’s likely not worth the hassle. Fortunately, the U.S. Bank Business Triple Cash Card offers a simple and easy-to-understand rewards system.
Best ways to earn
Earning cash back with this card is fairly straightforward — the more you use it on business expenses, the more cash back you’ll earn. However, if you want to earn as much cash back as possible, it’s best to use your card in these rewards categories when you can.
| Categories | Rewards rate |
| Prepaid hotels and car rentals booked directly in the Rewards Center | 5% |
| Eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers, and restaurants | 3% |
| All other eligible purchases | 1% |
Maximizing your redemptions
If you compare credit cards, many rewards credit cards offer cashback-related redemption options. With the U.S Bank Business Triple Cash Rewards, this includes:
- Statement credits
- Deposits to U.S. Bank checking, savings, or money market accounts
- Receiving a U.S. Bank Rewards card
Statement credits and bank account deposits are common redemption options, but you might not recognize the option to receive a rewards card. This simply means you would receive a prepaid, non-reloadable card that can be used anywhere debit cards are accepted. These cards would typically be on the Visa or Visa networks.
You should expect all three of these redemption options to offer the same value, so choosing which one to use comes down to your preference.
Heads up
If you don't have a U.S. Bank checking, savings, or money market account, then you can't redeem rewards from this card as direct deposits. Plan to either open a U.S. Bank account or stick to other redemption options.U.S. Bank Triple Cash Rewards Visa Business Card FAQ
Is it hard to get a U.S. Bank business credit card?
Some people say that U.S. Bank credit cards are harder to qualify for compared to products from some other major credit card issuers, such as Chase or American Express. The exact reasons behind this are unknown, but it might help to have an existing relationship with the company and to have a good or excellent credit score.
Is it worth it to get a World Elite Visa?
World Elite Visa benefits can offer loads of value on top of a credit card’s existing benefits. This may include receiving cell phone protection, complimentary travel services, access to premium experiences, and exclusive discounts. If you’re able to take advantage of these benefits, getting a World Elite Visa can be well worth it.
Do U.S. Bank business credit cards show up on your personal credit report?
U.S. Bank doesn’t typically report business credit card inquiries to the personal credit bureaus. Rather, their business credit cards report to two commercial credit bureaus: Dun and Bradstreet (D&B) and Small Business Financial Exchange (SBFE).
Other cards to consider
The U.S. Bank Triple Cash Rewards Visa® Business Card can offer plenty of value, including a generous welcome offer, depending on your business needs. But if it doesn’t seem like the right fit, consider other credit card offers on our list of the best business credit cards. In addition, consider the Capital One Spark Cash Select and the Ink Business Cash® Credit Card.
The Capital One Spark Cash Select offers unlimited 1.5% cash back for your business on every purchase, everywhere; plus unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. These types of rates can be helpful if your business expenses don’t align with the rewards categories on the U.S. Bank Business Triple Cash. This card also has a $0 annual fee.
For more information, check out our Capital One Spark Cash Select review.
The Ink Business Cash® Credit Card has a $0 annual fee and offers rewards categories similar to those found on the U.S. Bank Business Triple Cash. However, the bonus earning rate on the Ink Business Cash maxes out at 5% compared to the 3% of the Triple Cash. This means you could potentially earn more cash back on the Ink Business Cash if your business expenses fall within the bonus categories. The bonus categories that earn 5% on the Ink Business Cash include the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year.
For more information, check out our Ink Cash Business Credit Card review.