US Bank Business Select Rewards

US Bank Business Select Rewards Review

This is a rewards card issued by U.S. Bank. If you're wondering whether US Bank business Select Rewards card is the right card for you, read on.

Key Takeaways

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 9 months.
• Competitive APRs. US Bank Business Select Rewards has a variable purchase APR that ranges from 15.99% up to 20.99%.
• Annual fee waived the first year. US Bank Business Select Rewards gives you the chance to have the card for a year without paying the $95 annual fee.
• 5% Balance transfer fee. US Bank Business Select Rewards charges a fee of 5% on balance transfers. For example, a balance of $1,000 could cost $50 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of US Bank business Select Rewards card

What are the relevant APRs?

This business credit card has a variable purchase APR that ranges from 15.99% up to 20.99%. The card has a variable balance transfer APR that ranges from 15.99% up to 20.99%.

It also has a variable cash advance APR of 25.99%. Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What fees does it charge?

The following fees apply to this business credit card:

• An annual fee of $95.
• A late payment penalty of up to $39.
• A returned payment fee of up to $39.
• There is no overlimit fee

Does it offer a cash back or rewards program?

Yes, US Bank business Select Rewards card offers a rewards program to its customers. This business card offers rewards to small business owners that use the card to make purchases in the following bonus categories:

• Advertising Services
• Airfare
• Car Rentals
• Internet, Cable and Phone Services
• Gas stations
• Hotels
• Office Supply Stores
• Restaurants
• Shipping
• Utilities

What are the benefits?

This business credit card provides the following benefits:

• Fraud Liability
• Reports to major credit bureaus

What is the customer service phone number?

The customer service number for this business card is (800) 872-2657.

What is the support contact email?

The support contact email for this business credit card is customer.support@usbank.com.

Does US Bank Business Select Rewards report your account activity to credit bureaus?

Yes, US Bank Business Select Rewards reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply?

• Visit the US Bank Business Select Rewards website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.