Business Essentials
What is the annual fee for the U.S. Bank Business Essentials™ Visa®Card
no annual fee
What is the annual fee for the U.S. Bank Business Essentials™ Plus Visa Signature® Card? What is the amount a client would have to spend to break even with the cash back if they keep less than 15k in their qualifying account
$295 (NOT waived the first year)
$1,235/ month
What is the annual fee for the U.S. Bank Business Altitude® Connect Visa Signature® Card?
$95/ year - waived the first year
What is the introductory offer for the U.S. Bank Triple Cash Rewards Visa® Business Card?
$750 cash back when you spend $6,000 in Net Purchases on the Account Owner's card in the first 180 days
Low intro APR Plus, a 0% intro APR5 on purchases and balance transfers6 for the first 12 billing cycles. After that, a variable APR, currently 17.49% - 26.49%.
What are 3 benefits of a business credit card over using a personal credit card for business purchases?
Does not add to personal DTI, keeps accounting separate for EOY, free employee cards
What is the minimum average balance in a qualified business checking account that a business would need to earn 2.5% cash back on purchases
$10,000
What is the introductory offer for the U.S. Bank Business Essentials™ Plus Visa Signature® Card?
Earn $1,000 cash back when you spend $15,000 in Net Purchases in the first 150 days
What is Priority Pass?
annual membership with access to more than 1,800 VIP lounges worldwide, plus four complimentary visits per membership year
What type of subscription do you get an annual credit for $100 dollars, and how many months does it have to hit the account to qualify?
recurring software subscription expenses such as FreshBooks or QuickBooks
11 consecutive billing cycles
Which Business Credit Card(s) waive foreign transaction fees?
Business Essentials Plus and Business Connect
What is the cap on net purchases in a month that a client can earn 2.5% on with qualifying balances?
$10,000
Which categories do clients earn 5% cash back on?
Their top spending category
Clients earn 4X points on travel, including airfare, hotels, gas and EV charging stations*, up to what amount in combined annual spend?
$150,000
To earn 3% cash back on gas and EV charging stations, what is the transaction limit?
$200 or less
What are the 3 qualifying business checking accounts that can earn a client additional cash back on the U.S. Bank Business Essentials™ Visa® Card and the U.S. Bank Business Essentials™ Plus Visa Signature® Card?
U.S. Bank Business Essentials®, U.S. Bank Gold Business Checking Package, and U.S. Bank Platinum Business Checking Package
What is the introductory bonus for the U.S. Bank Business Essentials™ Visa®Card?
Earn $500 cash back when you spend $5,000 in Net Purchases in the first 150 days
Low Intro APR plus 0% intro APR3 on purchases for the first 12 billing cycles. After that, a variable APR, currently 16.99% - 27.99%.
What are the tiers for cash back bonuses?
Unlimited 2% cash back on every purchase* and 5% cash back on your top spend category.
2.5% total cash back with $15,000–$74,999 in qualifying balances.
3% total cash back with $75,000–$149,999 in qualifying balances.
3.5% total cash back with $150,000+ in qualifying balances.
What is the Rideshare bonus you can earn with the Business Connect card?
Get a $25 statement credit after every three consecutive monthly taxi or rideshare trips
Name the four everyday spending categories that earn 3% cash back
gas and EV charging stations*, office supply stores, cell phone service providers, and restaurants.
What are 4 benefits of Spend Management with business credit cards?
Integrated accounting, Intuitive receipt capture, Robust card controls, Proactive user management, Real-time analytics, Mobile app
How much could a client earn if they spend $10,000 a month and have
5,000 Avg. daily balance?
17,000 Avg. daily balance?
5,000 Avg. daily balance? $2,400
17,000 Avg. daily balance? $3,000
How much could a client earn if they spend $10,000 a month and have
5,000 Avg. daily balance?
17,000 Avg. daily balance?
56,000 Avg. daily balance?
124,000 Avg. daily balance?
238,000 Avg. daily balance?
5,000 Avg. daily balance? $2,400 (3,120)
17,000 Avg. daily balance? $3,000 (3,600)
56,000 Avg. daily balance? $3,000 (3,600)
124,000 Avg. daily balance? $3,600 (4,080)
238,000 Avg. daily balance? $4,200 (4,560)
How much would a client potentially earn if they had the following average monthly spend?
2,000 in travel booked directly with airlines/ hotels
1,000 in dining and cell phones
7,000 in all other spending
$2,040 with potential for $2,790 the first year
How much would a client potentially earn if they had the following average monthly spend?
1,300 in dining and cell phones
8,700 in all other spending (some of which is enough to earn the $100 annual software credit)
$1,612 annual with first year potential of $2,362
What are 5 benefits of the Business Shield card?
0% intro APR for 18 billing cycles on both purchases and balance transfers
Purchase protection
Extended warranty
$0 fee ExtendPay offer annually (3-month plan)
$50 annual credit with $5,000 in Travel Center bookings
Cell phone protection
5% cash back on air, hotel and car reservations booked directly in the Travel Center