U.S. Bank BUSINESS Leverage Visa Signature Review
Updated August 15, 2020.
The Facts
The Math
As a 2%-1% cashback card, US Bank Levearge is nothing special, as there are some other business cards that offer impressive rewards, for example, Amex Blue Business Cash which offers 2% cashback for the first $50K purchases per year, or Amex Blue Business Plus which offers 2x points (~3% if you transfer points to frequent flyer miles and know how to leverage them) for the first $50K purchases per year.
The Conclusion
Other than the signup bonus, US Bank Business Leverage pales by comparison to the best business rewards cards.
The Facts
- Annual Fee: first year free and $95 thereafter
- Signup Bonus: 75,000 points (=$750 statement credit) after you spend $7,500 within the first 4 months of new account opening.
- Application Landing Page
- Rewards: 2x points on the two categories that you spend the most each month, 1x everywhere else.
- Best Use of Leverage points: You may redeem the points for cash back, travel, gift cards, merchandise, magazines, etc., at up to 1 cent per point (cpp). The best option is redeeming each 5K points for $50 statement credit, at 1 cpp.
- Other Benefits: Waived foreign transaction fees with an embedded EMV chip.
- History: This card was introduced in 2020.
The Math
As a 2%-1% cashback card, US Bank Levearge is nothing special, as there are some other business cards that offer impressive rewards, for example, Amex Blue Business Cash which offers 2% cashback for the first $50K purchases per year, or Amex Blue Business Plus which offers 2x points (~3% if you transfer points to frequent flyer miles and know how to leverage them) for the first $50K purchases per year.
The Conclusion
Other than the signup bonus, US Bank Business Leverage pales by comparison to the best business rewards cards.
