The Cards Guy

U.S. Bank Business Platinum Card

Welcome Offer

0% introductory APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR, currently 17.24% to 26.24% based on your creditworthiness when you open your account.

Bonus Value

Credit Score Needed

Excellent, Good

Annual Fee

$0 See Rates and Fees; terms apply

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Disclosure: The Cards Guy partners with credit card issuers to provide information on their products. We may earn commissions from these issuers. The content on this page is independent and has not been provided, reviewed, approved, or endorsed by the companies mentioned. The opinions expressed are solely those of the author.

Card Rewards

• No Rewards

Card Overview

The U.S. Bank Business Platinum Credit Card stands out by offering 0% APR on both purchases and balance transfers, a superb feature for managing business expenses. It provides 0% introductory APR for the initial 18 billing cycles, offering great flexibility for early expenses. After this period, the APR adjusts to 17.24%-26.24%, determined by your creditworthiness and the Prime Rate. The card's 0% introductory APR for balance transfers applies only if the transfer is made within the first 30 days of account opening, and this rate lasts for 18 billing cycles. Subsequently, the APR will be between 17.24% and 26.24%, based on your credit. Although the card doesn't offer rewards, its balance transfer feature is highly advantageous as it doesn't impact your credit score and report, making it a wise choice for business owners.

Card Fees

Annual Fee

$0 See Rates and Fees; terms apply

Interest Rates (APR)

17.24% to 26.24%

Late Fees

$19 on balances up to $100, $29 on balances from $100 up to $250, $39 on balances of $250 or more

Cash Advance APR

29.99% Variable APR

Fee: Either 5% of the amount of each advance or $10 minimum, whichever is greater.

Foreign Transaction Fee

3% of each foreign transaction

Balance Transfer Fee

Either 3% of the amount of each transfer or $5 minimum, whichever is greater.

Penalty APR

29.99%

Cash Advance Fee

Either 5% of the amount of each advance or $10 minimum, whichever is greater.

Card Benefits

Purchase Protection

• Covers your new purchases for 90 days against damage or theft up to $10,000 per claim and $50,000 per account.

Auto Rental Collision Insurance

• Worldwide primary coverage for business rental purposes (up to 31 days). • Worldwide secondary coverage for personal rental purposes (up to 31 days). • Excluding Israel, Jamaica, the Republic of Ireland, or Northern Ireland

Extended Warranty Protection

• Extends the time period of the U.S. manufacturer's warranty by an additional year, on eligible warranties of three years or less. • Maximum claim amount of $10,000 per claim • Maximum claim amount of $50,000 per account

Cell Phone Protection

• Reimburses the lesser of damage cost or replacement cost after a $25 deductible, up to $600 per claim and $1,200 per year, for covered theft or damage to phones listed on your monthly cell phone bill when paid with your eligible credit card. • Maximum of 2 claims in a 12-month period with a $25 deductible per claim.

Roadside Assistance

• 24/7 roadside assistance. Includes towing for up to 5 miles, tire changing (with a good, inflated spare), jump starting, lockout service (excluding key replacement), fuel delivery up to 5 gallons plus fuel cost, and standard winching support. • Please note that there is a fee associated with booking this service. • For assistance, call 1-800-847-2869.

Cash Back

Yes

Benefit Guide

For benefit guide to the U.S. Bank Business Platinum Card, click here

Full Advertiser Disclosure

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