U.S. Bank Business Triple Cash Card Review: Good for Cash Back, Great for 0% APR

We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Learn More externa link icon
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Editor’s Score: (N/A)
Learn more externa link icon At our partner’s secure site. See Rates & Fees, Terms Apply.
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
Editor’s Score: (N/A)
  • Intro offer:
    $500
  • Annual fee:
    $0
  • Regular APR:
    16.24% – 25.24% (Variable)
  • Recommended credit score:
    670-850 (Good to Excellent)
Rewards rate:

Earn 3% cash back on eligible purchases at gas stations, office supply stores, cell phone service providers and restaurants. Earn 1% cash back on all other eligible net purchases.

NextAdvisor’s Take

Pros
  • Generous ongoing rewards and welcome offer
  • No annual fee
  • Introductory APR for purchases and balance transfers
Cons
  • Potential for a high APR after the introductory period ends
  • 3% foreign transaction fee
  • Limited redemptions for rewards
The Bottom Line
The U.S. Bank Triple Cash Card offers a number of perks for a relatively under-the-radar business credit card. You can earn 3% cash back across several everyday spending categories and a welcome offer worth $500. Plus, there’s an introductory APR of 0% on purchases and balance transfers for a limited time.

Additional Card Details

  • 0% APR on purchases and balance transfers for 15 billing cycles, after which you’ll pay a variable APR of 16.24% to 25.24%
  • Expense tracking tools for your business
  • $100 annual statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks
  • Mobile payment options
  • Free employee cards

U.S. Bank Business Triple Cash Card Full Review

Card Type

The U.S. Bank Business Triple Cash Card* is a cash back business credit card. However, its introductory rate for purchases and balance transfers also qualifies it as a 0% APR credit card for business owners.

Annual Fee

There’s no annual fee to carry this card, which is a major plus.

Welcome Offer

When you open a U.S. Bank Business Triple Cash Card, you can earn a $500 cash bonus when you spend $4,500 on purchases within 150 days of account opening (equal to about five months). 

Introductory Offer

Save on interest with 0% APR on purchases and balance transfers for 15 billing cycles, after which you’ll pay a variable APR of 16.24% to 25.24%. 

This perk is unique among business credit cards since many extend zero interest to purchases only, and usually for a shorter time frame. An introductory 0% interest offer can be useful if you’re starting a business and have a lot of upfront costs you’d like to pay down over time, or if you’ve accumulated debt and want to pay it off without accruing more interest.

Rewards

This card has solid cash back rewards, but make sure your business spending is focused in eligible spending categories. You can earn 3% back on the following:

  • Gas and electric vehicle charging stations
  • Office supply stores
  • Cell phone service providers
  • Restaurants

You can also earn 5% back on prepaid hotels and rental cars booked through U.S. Bank’s travel portal. All other purchases earn 1% cash back. 

There’s no limit to the rewards you can earn, and rewards never expire as long as your account is open. Your redemption options are limited to statement credits or a deposit into a U.S. Bank checking, savings, or money market account — but this card offers a feature called Real-Time Rewards, which lets you redeem your rewards for statement credits instantly using the bank’s mobile app.

Pro Tip

This card earns 3% back at gas stations, but only if your purchase doesn’t exceed $200 total. If you spend more than $200 in a single transaction at a gas station, you may only earn 1% cash back.

Fees

The U.S. Bank Business Triple Cash Card comes with no annual fee. However, it does charge a 3% foreign transaction fee on purchases made abroad, a 3% balance transfer fee (minimum $5) and a 5% cash advance fee (minimum $10). 

Other fees to watch out for include late fees, returned payment fees and overlimit fees, all of which can be up to $40 for each offense. You can risk taking on a penalty APR up to 29.99% for late payments, returned payments, or spending beyond your credit limit.

Other Benefits

There are a few additional perks with this card, but they’re more limited than some other business card options. You’ll get a $100 statement credit for recurring software subscription expenses such as FreshBooks or QuickBooks, and U.S. Bank offers access to expense tracking tools, mobile payment options, and free employee cards.

Benefits of U.S. Bank Business Triple Cash Card

The U.S. Bank Business Triple Cash Card is a solid option for business owners whose expenses fall within eligible rewards categories, like gas or office supplies. Plus, the $500 welcome offer after spending $4,500 on your card in the first 150 days of opening your account and 0% APR on both purchases and balance transfers for 15 billing cycles (16.24% – 25.24% thereafter) can add a lot of value over your first year.

If you need to make investments in your business, or you have business debt to consolidate, this card is a great choice that can continue to help you save long-term. 

Drawbacks of U.S. Bank Business Triple Cash Card

While there are plenty of reasons to like this card, there are some areas where it falls short. In terms of cardholder perks, for example, you’ll get little more than the $100 credit for select software subscriptions. There are no other meaningful benefits to speak of, so you shouldn’t choose this card if you’re hoping for travel perks or other statement credits.

Also note that your redemption options are pretty limited. You can redeem rewards for a statement credit or deposit to a U.S. Bank checking, savings or money market account, unlike other business credit cards that let you redeem rewards for gift cards, merchandise, or travel.

How to Use the U.S. Bank Business Triple Cash Card

Begin maximizing the U.S. Bank Business Triple Cash Card by working toward the welcome bonus after you’re approved. That means spending at least $4,500 within the first 150 days, which is equal to about $900 on average over the first five months. If that’s within your regular business spending, you can qualify for the $500 bonus.

Depending on your existing debt or upcoming spending, you may also want to take advantage of the 0% intro APR on purchases and balance transfers for 15 billing cycles. Just keep in mind that a 3% (minimum $5) balance transfer fee applies if you use this card to consolidate other debts, and you must make the transfer within 30 days of account opening to qualify for the intro offer. Also remember that this introductory offer is temporary, and that revolving balances will be charged a variable APR of 16.24% to 25.24% after the first 15 billing cycles.

After the intro period and welcome bonus, you can maximize this card by using it for all your regular business expenses that fall within the card’s 3% bonus categories. And if you need a hotel or car rental for business travel, consider booking through U.S. Bank’s Travel Rewards Center to earn 5% back. You can also use this card as your preferred payment method for business software program subscriptions like QuickBooks to ensure you get the annual $100 credit.

U.S. Bank Business Triple Cash Card Compared to Other Cards

Our Choice
Learn More externa link icon
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®

U.S. Bank Business Triple Cash Rewards World Elite Mastercard®

Editor’s Score: (N/A)
Learn More externa link icon
Capital One Spark Cash Plus

Capital One Spark Cash Plus

Editor’s Score: (N/A)
  • Intro offer:
    Up to $1,000 cash bonus
  • Annual fee:
    $150
  • Regular APR:
    N/A
  • Recommended credit:
    670-850 (Good to Excellent)
  • Learn more externa link icon At our partner’s secure site
Learn More externa link icon
Ink Business Cash® Credit Card

Ink Business Cash® Credit Card

Editor’s Score: (4.0/5)
  • Intro offer:
    $750
  • Annual fee:
    $0
  • Regular APR:
    15.49% – 21.49% Variable
  • Recommended credit:
    670-850 (Good to Excellent)
  • Apply Now externa link icon At Chase’s secure site

Is the U.S. Bank Business Triple Cash Card Right for You?

Editorial Independence

As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.

If you’re looking for a card with a long 0% intro APR on purchases or balance transfers, the U.S. Bank Business Triple Cash Card can be a great deal. Even after the intro period, this card’s everyday spending rewards can help you save money on business spending long-term. Plus, there’s no annual fee, and you can even earn a $500 bonus in the first few months.

But if you’re most interested in cash back rewards, there are other business cash back cards that could add even more value. For example, the Chase Ink Business Cash® Card offers rewards in similar categories — you’ll earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each year, and 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each year. And if your regular business expenses fall outside of common bonus categories, a flat cash back business option like the Capital One Spark Cash Plus*, which offers an unlimited 2% back on every purchase, could be a better choice. 

Before you apply, compare the U.S. Bank Business Triple Cash to other business credit cards with rewards and intro APR offers to find the right card for your business.

Frequently Asked Questions (FAQ)

What credit score do you need for the U.S. Bank Business Triple Cash Card?

You’ll need good or excellent credit to qualify for the U.S. Bank Business Triple Cash Card.

Does the U.S. Bank Business Triple Cash Card charge foreign transaction fees?

This card does charge 3% in foreign transaction fees on purchases you make outside the United States.

*All information about the U.S. Bank Business Triple Cash Rewards World Elite™ Mastercard® and Capital One Spark Cash Plus has been collected independently by NextAdvisor and has not been reviewed by the issuer.