U.S. Bank Business Triple Cash Rewards Review

U.S. Bank Triple Cash Rewards Visa® Business Card members can make money every year they have this card. You’ll get a $100 statement credit every 12 months after you make 11 consecutive monthly purchases with an eligible software service provider. 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.

Cardholders also get 0% intro APR for 15 months on purchases and balance transfers, then a variable 19.24%-28.24% applies. The intro APR only applies to balance transfers you make within 30 days of opening the account. There is a balance transfer fee of 3% of the amount you transfer with a $5 minimum.

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
• 3% back at restaurants
• 3% back with cell phone service providers
• 1% back on all other purchases

Redeeming

Once you’ve earned $25 in rewards 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 set a minimum redemption amount and you’ll receive a text whenever you make an eligible purchase. You can respond to these prompts to redeem your rewards.

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 Visa® Business 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 21 airline and hotel loyalty programs including, Emirates, Marriott, Delta and JetBlue.

The Amex Blue Business Plus card earns 2X points on the first $50,000 in eligible purchases per year, then 1X points. On the surface, the U.S. Bank Triple Cash Rewards card is better for bonus category purchases. However, Amex points can be much more valuable than cash-back rewards. It only takes 88,000 Amex points to book a round-trip Star Alliance business-class flight from the U.S. to Europe with ANA’s program, a ticket that can easily cost $3,000 or more. That’s a value of over 3.4 cents per point, which is a rate of return cash back can’t match.

U.S. Bank Triple Cash Rewards Visa Business Card vs. U.S. Bank Business Platinum Card

For anyone who wants to make the most of an introductory APR offer, the U.S. Bank Business Platinum Card is worth considering. It offers new card members an intro 0% APR on purchases and eligible balance transfers for 18 billing cycles, then a variable 17.24%-26.24% applies. The balance transfer fee is 3% of the amount transferred ($5 minimum).

This card’s intro APR is three months longer than what’s available with the U.S. Bank Triple Cash Rewards Visa® Business Card. If you have a large balance to transfer or a big purchase to make, the interest you save over those extra months could make this card worth it. However, the U.S. Bank Business Platinum Card has no intro bonus and doesn’t earn rewards, so you’ll miss out on the chance to earn a $500 bonus and cash back on purchases, which means it won’t be worth it for everyone.

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 (150 days vs. the typical three months). 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 who wants to finance a business investment or save on existing credit card debt will find this card’s intro APR offer valuable.

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 travel business credit card.

The U.S. Bank Triple Cash Rewards Visa® Business Card is a no-annual-fee cash-back business card with a lot of useful features. You’ll earn cash back at a generous rate in popular spending categories such as office supply stores and restaurants. It also has a software subscription credit that’s easy for most small businesses and side hustles to maximize. On top of the cash back you earn, it’s also one of the best business credit cards for 0%-APR offers, which makes it a hard card to beat.

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For rates and fees of the Blue Business® Plus Credit Card from American Express, click here.