A small business credit card that lets you earn double points on travel expenses.
- Get this card if you or your employees are often on the road.
- Pick something else if you want cashback rewards or a card with a low intro APR on purchases and balance transfers.
- Apply with a good to excellent credit score of 700 or higher.
|Product Name||U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card|
|Annual Fee||$0 annual fee for the first year ($55 thereafter)|
|APR (Annual Percentage Rate) for Purchases||13.74% to 24.74% variable|
|Balance Transfer Fee||$5 or 3% of the transaction, whichever is greater|
|Cash Advance Rate||25.74% variable|
|Cash Advance Fee||$10 or 5% of the cash advance amount, whichever is greater|
|Interest Free Period||Up to 24 days|
|Late Payment Fee||$39|
|Returned Payment Fee||$35|
|Additional Cardholder Fee||$10|
|Minimum Age||18 years of age|
|Welcome Bonus||Earn 400 points after spending $2,000 in the first 4 months|
|Reward Value per Dollar||1 points|
The U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card is a small business credit card designed for frequent travelers. You earn 2 points per dollar on a category you spend most — gas, airfares or office supplies — 2 points for cell phone expenses and 1 point on all other purchases. Redeem these points for flights, car rentals, hotel bookings, cruises, gift cards, shopping and more.
Earn FlexPoints with every purchase you make using this card. If you don’t like to wait to earn more points, you can always buy FlexPoints at a rate of 3 cents per point. You can purchase a minimum of 3,000 points in 1,000 point increments, up to 60,000 in one calendar year.
Redeem FlexPoints for:
Travel rewards, including airfare, hotels and car rentals — each point is worth 1.5 cents.
- Annual fee — each point is worth 1.4 cents.
- Statement credit — each point is worth 1 cent.
- Merchandise from Apple, Sony, Oakley, Canon, Dell and more — each point is worth 1 cent.
- Gift cards for Amazon, Best Buy, Sears, Starbucks and more — each point is worth 1 cent.
To put this into perspective, suppose you spend $10,000 per year on air travel or gas. You’ll annually earn 20,000 points — worth $300 in travel rewards. That’s 3% in cashback value. If you spend $25,000 on all other purchases, you’ll get an additional 25,000 points. Your FlexPoints value for the combined purchases in this case is $375, or 1.5%.
FlexPoints highest value is achieved when you spend more money on a specific category, like gas or air tickets, and then you redeem your points for travel rewards.
Want to earn more points?
Consider getting the personal FlexPerks® Gold American Express® Card by U.S. Bank and earn 3x points at restaurants. You can also get a welcome offer of 30,000 points when you spend $2,000 in the first four months of your account opening. The only drawback is the annual fee of $85. However, you can redeem around 6,000 FlexPoints to cover your annual fee. That’s $2,000 spent per year on restaurants — the amount equal to clear the welcome offer. Everything you spend above $2,000 will earn more points for you to redeem on other rewards.
Spend $2,000 in the first 4 months after you open your account and get 400 bonus points — worth $375 in travel rewards, which equals 18.75% in cash back.
Earn 2x points in the category you spend most — either gas, office supplies or airline purchases — 2x points on cell phone expenses and 1x point on all other purchases. Redeem points for travel rewards, shopping or cash back in the form of a deposit to a U.S. Bank checking or savings account or as a statement credit.
Get up to $25 airline allowance for baggage fees, seat upgrades or in-flight food and beverages with each redeemed airline award ticket. If you redeem two award tickets, you may earn the amount of two airline allowances — up to $50. You must contact cardmember service within 90 days after travel to request the airline allowance be credited to your account.
Annual fee credit.
Spend more than $24,000 per year and U.S. Bank will credit your card’s annual fee of $55, plus $10 for each employee card. That’s just $2,000 in monthly spending to clear the annual fee.
You’ll also like
No foreign transaction fees.
Use your card freely when traveling overseas without paying additional fees. Other cards have international transaction fees of up to 3%.
You are insured against accidental death and dismemberment and against rental car collision damage. You can also get reimbursed for lost luggage and you get access to travel and emergency services.
Car rental discounts.
Take advantage of discounts and additional offers at National Car Rental®, Enterprise Rent-A-Car® and Alamo® Rent A Car.
Keep your funds secure with zero fraud liability and 24/7 fraud monitoring in case of unauthorized purchases.
Set spending controls for your employees’ business cards based on time, place and dollar amount. You can also set up account alerts or customize payment due dates.
Earn frequent flyer miles.
When you get an award travel flight, you earn frequent flyer miles on the airline you fly with.
Encore relationship rewards.
Pair the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card with a U.S. Bank Payment Solutions merchant account and earn relationship rewards whenever your customers pay you. This can be beneficial if your company often takes credit card payments.
What to watch out for
The U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card has an annual fee of $55, which can be waived if you make more than $24,000 in purchases annually. In addition, you’ll get a $10 credit for every employee card. If needed, you can redeem around 6,000 FlexPoints to cover the annual fee.
No intro APR on purchases and balance transfers.
If you’re looking for a card with an intro APR, consider the U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard®.
You’ll be charged a penalty APR of 29.99% variable if you don’t make the minimum payment due in 24 to 30 days after the close of the billing cycle.
Consider other cards if …
You’re spending a lot on a select category.
Consider the U.S. Bank Business Edge™ Select Rewards Card, where you earn 3x points on the category of your choice: Travel and entertainment, automotive or day-to-day expenses.
You want cash back.
The U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard® offers 3% cash back on gas, wireless phone services and office supply store purchases and 1% cash back on all other purchases. Plus you get a 0% intro APR on purchases for the first nine billing cycles, and an APR from 13.74% to 24.74% variable after that.
Another cashback card you may like is the SimplyCash® Plus Business Credit Card from American Express. It has a $0 annual fee and offers 5% cash back on US wireless phone services and US office supply stores, 3% cash back on the category of your choice and 1% on all other purchases. The 5% and 3% cash back applies for up to $50,000 in purchases per year, and after that it drops to 1%. It also has a 0% intro APR on purchases for 9 months, and a 13.99%, 18.99% or 20.99% variable APR thereafter.
You want a 0% intro APR on purchases and balance transfers.
Check out the U.S. Bank Visa® Platinum Card. It’s a $0 annual fee card with an intro APR on purchases and balance transfers of 0% for the first 20 billing cycles, and an APR from 11.74% to 23.74% variable after that.
Compare business credit cards
What size business is the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card good for?
Small businesses whose employees travel often could find this card useful. It lets you earn double points per dollar spent on cell phone expenses and either gas or airlines, whichever category you buy from more. And if you spend more than $24,000 per year, you’ll get a credit in the amount of your card’s annual fee. You also get up to $25 in airline allowance to treat yourself with in-flight food and beverages or to get a seat upgrade when you redeem an award ticket.
Aside from flights, you can redeem your points for hotels, car rentals, shopping and more.
What should I know before I apply?
To apply for the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card, you need to live in a state that has a U.S. Bank branch. You’ll also need to provide information about you and your business that includes:
- Business name and address
- Years in business and type of business
- Expected monthly transactions
- Personal information of the company owner
What credit score do I need?
You can apply with a good to excellent business credit score of 700 or higher. Businesses with a high credit score and steady revenue have a better chance of being approved.
What do customers say about the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card?
U.S. Bank is accredited with the Better Business Bureau and receives a B rating. As of June 2018, it has a composite score of 2.80 out of 5 stars based on 111 customer reviews. Most of the negative feedback revolves around poor customer service and hidden costs. To avoid surprises, make sure you read the card’s terms.
How to apply for the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card
- Go to the U.S. Bank website and select the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card. Click Apply Now.
- Complete the application form with all the required information about yourself and your business.
- Review your application and submit it.
How long will it take to get my U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card?
You should get a decision within minutes. If you don’t, call 1-800-947-1444 and choose option 1 to get a status on your application.
Once approved, you should get your card within 10 business days by mail.
I got the card. Now what?
- Enroll in online banking. To use the FlexPoints you earn, you must enroll in online banking at the U.S. Bank website.
- Make timely payments. If you don’t, you’ll incur late fees up to $39 and a penalty APR of 29.99% variable.
- Customize employee cards. Set spending controls based on time, place or dollar amount, and set up account alerts.
- Track your spending. With the online tools at your disposal, you can monitor your employees’ and your own spending.
- Contact customer service. For any questions, call U.S. Bank at 1-800-374-7979.
The U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card offers reward points to those who travel often. And if your business takes lot of credit card payments from your customers, you can earn reward points by combining your FlexPerks card with a U.S. Bank merchant processing account.
Before applying for a credit card, you should always compare your options to find the best one that suits your needs.
Frequently asked questions