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

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

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

  • 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 an excellent credit score of 740 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)
Purchase APR18.74% variable
Balance transfer APR18.74% variable
Cash advance rate26.24% variable
Cash advance fee$15 or 5% of the cash advance amount, whichever is greater
Penalty APR29.99% fixed
Foreign transaction fee3% of the transaction value
Interest free periodUp to 30 days
Late payment fee$39
Returned payment fee$39
Rates & feesrates & fees
Minimum Age18 years of age
Welcome Offer1x extra points in the first 365 days, up to 100,000
Rewards2x points in the two categories you spend the most in each month and 1x points on all other purchases
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 rewards 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 August 19th, 2019
Name Product Rewards Purchase APR Annual fee
2% cash back on all purchases on up to $50,000 per calendar year, then 1%
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
Earn 2% cash back on all purchases on up to $50,000 per calendar year, then 1%. Rates & fees
2% cash back on all purchases
19.24% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn $500 after spending $4,500 in the first 3 months.
1.5% cash back on all purchases
0% intro for the first 9 months (then 15.24%, 19.24% or 23.24% variable)
$0
Unlimited 1.5% cash back on every purchase, every day.
2x points on everyday business purchases on up to $50,000 annually, then 1x points
0% intro for the first 12 months (then 15.24% to 21.24% variable)
$0
Earn 2x Membership Rewards® points on everyday business purchases on up to $50,000 with no category restrictions. Rates & fees
2x miles on all purchases
19.24% variable
$0 intro annual fee for the first year ($95 thereafter)
Earn unlimited 2x miles on every purchase for your business, with no blackouts or seat restrictions, and no minimum to redeem.

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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

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