The U.S. Bank Triple Cash Rewards Visa® Business Credit Card is a no annual fee business card that offers a $100 recurring software credit and 3% cash back at gas and EV charging stations, office supply stores, cell phone service providers, and restaurants.
This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.
- Earn $600 after spending $4,500 in the first 150 days.
- 5% Cash Back on Prepaid Hotels and Car Rentals via the U.S. Bank Travel Rewards Center
- 3% Cash Back at Gas and EV Charging Stations, Office Supply Stores, Cell Phone Service, and Restaurants
- 1% Cash Back on All Other Purchases.
- $100 Annual Software Credit for Recurring Subscription
- No Annual Fee
Welcome Bonus of the Business Triple Cash
The Triple Cash Rewards Business currently offers the following welcome bonus: Earn $600 after spending $4,500 in the first 150 days.
Earning Rewards
The Triple Cash Rewards Business earns rewards are the following rates:
Annual Fee
The Business Triple Cash Card has no annual fee, and you can add additional employee cards for no extra fee.
Benefits of the Business Triple Cash
The Business Triple Cash Card offers the following benefits: Software Credit: Earn a $100 annual Software credit after using this card to make 11 consecutive months of eligible software service purchases. Intro APR: Enjoy a 0% intro APR on purchases and balance transfers for 15 months, then 19.24% to 28.24%.
Redeeming Rewards
Here are few ways on how you can redeem your cashback rewards:
- Statement Credit: Have your cashback applied as a statement credit to your account. The statement credit will reflect within a few days after the redemption was made.
- Direct Deposit: Your cashback rewards can be deposited directly into a U.S. savings, checking, or money market account. This redemption option is useful if you want to save money or earn interest on your cashback.
- Request a Rewards Card: Cardholders can request a rewards card which works like a prepaid debit card. Basically, you transfer your cashback onto your rewards card so you can use it to make purchases at merchants that accept Visa.
Pros and Cons
Pros
Nice welcome bonus
Interest-free period for 15 months
No annual fee
Cons
Has foreign transaction fees
Lack of travel and purchase protections
Alternatives to the Business Triple Cash
Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.
Ink Business Unlimited® Credit Card
The Ink Business Unlimited® Credit Card (review) offers a straightforward 1.5% cash back on all business purchases with no bonus categories to track and no annual fee. This card shines brightest when paired with premium Chase cards, allowing you to transform your rewards into valuable Ultimate Rewards points for transfers to travel partners. Welcome Bonus: bonus_miles_full Earn Rewards: Unlimited 1.5% cash back on all eligible purchases. Card Benefits: Primary rental car insurance, purchase protection, extended warranty, and 0% intro APR for 12 months from account opening on purchases, after that a reg_apr,reg_apr_type APR applies.
Ink Business Cash® Credit Card
The Ink Business Cash® Credit Card (review) packs serious value with no annual fee, offering excellent rewards at office supply stores and on internet, cable, and phone services. This business card stands out with its substantial welcome bonus and valuable perks like purchase protection and primary rental car coverage for business rentals. Welcome Bonus: bonus_miles_full Earn Rewards: 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; 1% cash back on all other purchases. Card Benefits: Primary rental car insurance, purchase protection, extended warranty, and 0% intro APR for 12 months from account opening on purchases, after that a reg_apr,reg_apr_type APR applies.
Is The Business Triple Cash Worth It?
The Triple Cash Rewards Business is an decent choice for small business owners who are seeking a credit card that offers both flexibility and value.
This no-annual-fee card has an impressive rewards program, which lets you earn up to 3% cashback on common business expenses such as office supplies, gas, and phone bills.
Additionally, the card offers a range of redemption options, giving you the flexibility on how you want to use your cashback rewards. You can redeem them for statement credits, rewards card transfers, or even direct deposits to your bank account.
Perhaps the most significant advantage of this card is its lengthy 0% intro APR of 15 months. This feature allows businesses to make large purchases or refinance existing debt without incurring any interest charges, providing much-needed breathing room for cash flow management.
