U.S. Bank Business Leverage™ Visa Signature® Card review | finder.com

U.S. Bank Business Leverage™ Visa Signature® Card review

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U.S. Bank Business Leverage™ Visa Signature® Card

If you value earning flexibility, this card might be a great pick for your business spending.

30-second take

  • Get this card if you want customizable reward categories tailored to your business needs.
  • Pick something else if you are looking for a great signup bonus or better rewards opportunities.
  • Apply with a good to an excellent credit score of 670 or higher.
Product NameU.S. Bank Business Leverage™ Visa Signature® Card
Card TypeVisa
Annual Fee$0 intro annual fee for the first year ($95 thereafter)
APR (Annual Percentage Rate) for Purchases18.74% variable
Introductory Purchase APR

N/A

Balance Transfer APR18.74% variable
Introductory Balance Transfer APR

N/A

Balance Transfer Fee3%
Cash Advance Rate26.24% variable
Foreign Transaction Fee3% of the transaction value
Cash Advance Fee$15 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 24 days
Late Payment Fee$39
Returned Payment Fee$39
Minimum Age18 years of age
Welcome OfferEarn an extra bonus point for every dollar spent in the first 365 days, up to 100,000
RewardsEarn 1x point per dollar spent on eligible net purchases made in the top two categories where you spend the most each month.
Base Rewards1x points

The basics

The U.S. Bank Business Leverage™ Visa Signature® Card might impress you with its roughly 50 reward-earning categories. You might also find this card beneficial for growing your business if you value overall spending flexibility.

However, the card has an unusual intro bonus and its rewards drop off after the first year. If you prefer better value from fewer spending categories, there are better business options available.

The perks

  • Unique reward structure.
    Get 2x points per dollar spent on your top two eligible spending categories each month. Get 1x point per dollar spent on all other eligible net purchases. U.S. Bank will automatically detect your two largest categories and post your points accordingly.
  • Intro bonus earnings.
    Earn an additional 1x point for every dollar spent up to $100,000 during your first year after account opening.
  • Numerous reward categories.
    Get reward rates on nearly 50 categories, many of which are purchases that can help get your business off the ground. You’d be hard-pressed to find these categories on similar cards.
  • Intro annual fee.
    U.S. Bank waives your annual fee for your first year. Afterward, you’ll pay $95 each year.

Compare business credit cards

Updated March 20th, 2019
Name Product APR (Annual Percentage Rate) for Purchases Introductory Purchase APR Annual Fee
18.24% to 23.24% variable

N/A

$95
80,000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$0
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$0
$500 bonus cash back after you spend $3,000 in the first 3 months
None (Charge Card)

N/A

$0
The first corporate card for startups. No personal liability or security deposit needed, meaning your personal credit score won't be affected.
None (Charge Card)

N/A

$0
60-day interest-free financing for e-commerce businesses.

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You’ll also like

  • No point cap.
    You can earn as many points as you can manage without worrying about capping your earnings.
  • Earn on payment processing.
    You can earn more points by connecting your card to your U.S. Bank payment processing account.
  • Free employee cards.
    You can add additional cards to your account at no cost. Plus, these cards can also earn the intro bonus rate on spending during your first year.
  • Visa benefits.
    Depending on the level of your Visa card, you’ll have access to several Visa benefits, including Visa Concierge services, purchase security and a variety of travel insurance coverages.

What to watch out for

  • Demanding intro bonus.
    To make the most of your introductory bonus offer, you’ll need to spend the full $100,000 allotted during your first year. This requires quite a bit more spending than most traditional introductory bonuses.
  • Points can expire.
    Your points will expire five years from the date you earned them.
  • Average reward rate.
    Once you’ve exhausted your introductory rewards rate, your earnings will rest at an average 2x points on your top two spending categories. This isn’t the best rate available if you’re looking for pure earning potential on a business card.

Bottom line

The U.S. Bank Business Leverage™ Visa Signature® Card is a good choice if you’re looking for a huge selection of reward categories useful for business spending needs.

However, the nature of the introductory bonus and average reward rates of the card means there are better choices for pure value, particularly if you’ll be spending in bonus categories offered by other cards such as gas stations, travel or office supply stores. Compare available business cards and weigh your needs to find the best card for you.

Frequently asked questions

Steven Dashiell

As Credit Cards Staff Writer at finder.com, Steven Dashiell wields nearly a decade of research and reporting experience to help you embrace and maximize your credit card life. Prior to working at finder, Steve served as reporter and editor for several health care newsletters, offering best practices and guides to help caregivers best protect their patients' health. When not writing, he enjoys creating art, exploring nature and chasing his next big interest.

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