The U.S. Bank Business Shield™ Visa® Card is a valuable option for business owners looking to manage their finances effectively. With a 0% APR and no annual fee, this card offers a great opportunity to transfer existing debt balances or finance new purchases without incurring interest charges. However, the tradeoff is that the rewards value with this card is limited in the long term.
U.S. Bank Business Shield Visa Overview
- Annual fee: $0
- Introductory Purchases APR: 0% intro on purchases for 12 billing cycles
- Ongoing Purchases APR: 16.24% – 25.24% Variable
- Introductory Balance Transfer APR: 0% intro on balance transfers for 12 billing cycles
- Ongoing Balance Transfer APR: 16.24% – 25.24% Variable
Additional Info about the U.S. Bank Business Shield Visa Card
The primary benefit of this card is the 0% introductory APR for purchases and balance transfers. In addition to this, there are a few more perks for longer-term value:
- $50 annual statement credit: Earn a $50 statement credit after spending $5,000 on travel through the Travel Center each account anniversary year.
- U.S. Bank Spend Management: Access U.S. Bank’s platform for business owners to track spending, integrate with accounting software, and set permissions.
- Purchase Security: Protect eligible purchases against damage or theft for the first 90 days.
How to Earn Rewards
While this card is primarily focused on the 0% APR offer, you can still earn rewards by getting 5% cash back on prepaid airfare, hotel bookings, and car rentals through the U.S. Bank Travel Center. By spending $5,000 annually through the Travel Center, you could earn up to $250 cash back, in addition to the $50 annual statement credit.
How to Redeem Rewards
You can redeem your cash back rewards as a statement credit to your account or deposit it into a U.S. Bank savings, checking, or money market account. Points do not expire as long as your account remains active.
Who is the U.S. Bank Business Shield Visa Card Best For?
This card is best suited for business owners looking for a 0% APR introductory period. It can be beneficial for financing large purchases or paying off existing debt without interest. However, if your primary goal is to earn rewards on business spending, there may be other cards better suited for your needs.
Pros and Cons of the U.S. Bank Business Shield Visa Card
Pros:
- No annual fee
- 0% APR introductory period
- $50 annual statement credit
Cons:
- Limited rewards
- No welcome bonus
- Balance transfer fee applicable
Where Can You Use the U.S. Bank Business Shield Visa Card?
As a Visa card, this card can be used anywhere Visa is accepted online or in-store. However, foreign transaction fees apply when using the card abroad.
How to Make a U.S. Bank Business Shield Visa Card Payment
You can make payments online through your account or the mobile app. Payments can also be made by mail to the specified address.
U.S. Bank Business Shield Visa Card Customer Service Info
Customer service is available 24/7 via phone, chat, or in-person at a U.S. Bank branch.
Alternative Cards to Consider
If the U.S. Bank Business Shield Visa Card does not meet your business needs, consider other options like the American Express Blue Business Cash™ Card, Ink Business Unlimited® Credit Card, or Ink Business Cash® Credit Card, each offering unique benefits and rewards.
In conclusion, the U.S. Bank Business Shield Visa Card is a practical choice for business owners seeking a 0% APR introductory period. However, it may not be the best option for those looking to maximize rewards on their business spending. As with any financial product, it’s essential to compare your options and choose the one that aligns with your business goals and financial needs.
