US Bank Business Platinum Card Review 2022 – Forbes Advisor
US Bank Business Platinum* vs. Edward Jones Business Plus Mastercard®*
Arguably two of the biggest drawbacks of the US Bank Business Platinum* are its balance transfer fees and its lack of ongoing rewards. The Edward Jones® Business Plus Mastercard® Card* is an attractive alternative that offers both a free balance transfer fee promotion and rewards.
The Edward Jones Business Plus Mastercard offers an initial APR of 0% for the first 12 billing cycles on balance transfers, followed by a variable APR of 14.99% to 25.99% on purchases and balance transfers. balance. 0% introductory fee for balances transferred within the first 60 days of account opening. A balance transfer fee of 3% of each amount transferred (minimum $5) will apply thereafter. Depending on the size of the balance transfer you plan to spend on the card, the savings from their no-fee promotion could be substantial.
4X the bonus loyalty points on prepaid hotels and car rentals booked directly in the Edward Jones Rewards Travel Center, 2 loyalty points per dollar on qualifying net purchases over $40,000 and 1.5 loyalty points per dollar on qualifying net purchases up to $40,000.
The Edward Jones® Business Plus Mastercard® Card* is available for an annual fee of $0 for the first year and each year you make at least one purchase on the account, otherwise $25.
US Bank Business Platinum* vs. US Bank Business Triple Cash Rewards World Elite™ Mastercard®
If US Bank is your business bank of choice and you prefer to have a card that earns rewards on your business spending, check out the US Bank Business Triple Cash Rewards World Elite™ Mastercard®. The card earns 3% cash back on eligible purchases at gas stations, office supply stores, cell phone service providers and restaurants and 1% cash back on all other eligible net purchases . In addition to earning Cash Back, Triple Cash also offers an introductory 0% APR on purchases and balance transfers for 15 billing cycles, followed by a regular variable APR of 13.99% at 22, 99%.
Triple Cash also offers an attractive perk for small business owners: an annual $100 credit to users for eligible recurring software subscription expenses such as FreshBooks or QuickBooks.
The Triple Cash card has no annual fee and comes with a welcome bonus offer: $500 cash back after spending $4,500 within the first 150 days of opening an account.
US Bank Business Platinum* vs. Amex Blue Business Cards
If you’re looking for daily cash back for your business, consider one of the many cards that earn 2% cash back or 2 points per dollar on all spend. While there are several personal and business cards that offer generous and simple rewards, American Express offers options for cash back fans and point collectors: the American Express Blue Business Cash™ Card (conditions apply , see rates and fees) and the Blue Business® Plus credit card from American Express (conditions apply, see rates and fees), both with no annual fee.
If you prefer cash back, consider the American Express Blue Business Cash™ card, which earns 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1%. If you prefer transferable points, consider the Blue Business® Plus credit card from American Express, which earns 2 Membership Rewards points per dollar on everyday business purchases such as office supplies or client dinners until first $50,000 of purchases per year, then 1 point per dollar on all other purchases.