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  US Bank Business Leverage Visa Signature Card

US Bank Business Leverage Visa Signature Card

in Business Credit Cards from US Bank

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US Bank Business Leverage Visa Signature Card

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in Business Credit Cards from US Bank

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Highlights
Purchase APR  (Variable APR) 15.99% - 20.99%
Balance Transfer APR  (Variable APR) 15.99% - 20.99%
Credit Score Range 650 - 850
Annual Fee $95

US Bank Business Leverage Visa Signature Card Review

Key Takeaways
  • Signup bonus. Offers a signup bonus of $750 if you spend $7500.
  • Competitive APRs. US Bank Business Leverage Visa Signature Card has a variable purchase APR that ranges from 15.99% up to 20.99%.
  • Annual fee waived the first year. US Bank Business Leverage Visa Signature Card gives you the chance to have the card for a year without paying the $95 annual fee.
  • 5% Balance transfer fee. US Bank Business Leverage Visa Signature Card 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.
  • No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
  • Multiple business credit card benefits. Includes generous credit card perks, such as rental insurance, access to a concierge, emergency support, extended warranty protection on purchases, purchase protection, travel accident insurance, travel assistance, and fraud protection.
  • Fair or better credit required. You will have good approval odds if your credit score is above 650.
Pros & Cons of US Bank business Leverage card
The Good The Bad
  • Lower than average purchase APRs.
  • Annual fee waived during the first year.
  • Multiple business credit card perks.
  • Offers auto rental collision damage waiver.
  • Access to a concierge.
  • Extended warranty on purchases.
  • Free access to your credit score.
  • Travel accident and travel assistance insurance.
  • No foreign transaction fee.
  • Cardholders can earn rewards on purchases everywhere US Bank Business Leverage Visa Signature Card is accepted.
  • US Bank Business Leverage Visa Signature Card reports to multiple credit bureaus.
  • Charges an annual fee of $95
  • Charges a 5% balance transfer fee.
US Bank business Leverage card FAQ

Who is US Bank business Leverage card designed for?

This is a credit card issued by US Bank. 

This business card is designed for small businesses with fair credit. The minimum credit score to apply is 650.

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.

Does it have an introductory APR offer?

No, this business card does not come with an introductory APR offer for balance transfers.

This business credit card does not offer an introductory rate on new purchases.

US Bank business Leverage card Rates & Terms
Purchase APR 15.99% - 20.99%
Balance Transfer APR 15.99% - 20.99%
Cash Advance APR 25.99%
Penalty APR 29.99%

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 charge a foreign transaction fee?

This business credit card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

US Bank business Leverage card Fees
Fees Amount
Annual Fee $95
Foreign Transaction Fee 0%
Balance Transfer Fee 5%
Minimum Balance Transfer Fee $5
Returned Payment Fee $39
Late Payment Fee $39

Does it offer a cash back rewards program?

This business credit 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:

  • Every Purchase

Does it have a sign up bonus?

Yes, it offers card users a signup bonus worth up to $750 after you spend $7500.

Does it offer an annual loyalty bonus?

This business card doesn't offer a cash loyalty bonus.

Can I get it with just an employer identification number (EIN)?

You can apply for this business credit card with your EIN number, but expect the credit card issuer to also require your Social Security number. This is because, as with most business cards, it requires you to personally guarantee the line of credit.

What are the benefits?

This business credit card provides the following benefits:

  • Free Credit Score
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Travel Accident Insurance
  • Travel Assistance
  • 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 Leverage Visa Signature Card report your account activity to credit bureaus?

Yes, US Bank Business Leverage Visa Signature Card 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 .
  • 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.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From US Bank Business Leverage Visa Signature Card

Earn 2% cash back in the top two categories where you spend the most each month automatically and 1% cash back per dollar spent on all other eligible purchases. Maximize your cash flow and earn more rewards with your credit card, even if your suppliers don’t accept credit cards, with Plastiq2. Set up customizable spending rules for your employees, giving you control of where, when and how their cards are used with Visa® Payment Controls. Get a clear picture of your total card spend with Spend Analysis, an online reporting tool exclusive to U.S. Bank customers. U.S. Bank does not report credit card activity to the consumer credit bureaus, allowing you to keep your business and personal credit scores separate. Earn $750 cash back when you spend $7,500 in eligible purchases on the account owner’s card within the first four months.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 5:30pm
  • Tuesday 8:30am - 5:30pm
  • Wednesday 8:30am - 5:30pm
  • Thursday 8:30am - 5:30pm
  • Friday 8:30am - 5:30pm
  • Saturday Closed

Other Services by US Bank

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View all business credit cards offered by US Bank

Feature Breakdown

Foreign Currency Transaction Fee 0%
No Annual Fee First Year
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 24 days
Over-Limit Fee $0
Annual Fee $95
Cash Advance Fee (%) 5%
Cash Advance Fee Minimum $15
Late Fee Amount $39
Minimum Cash Advance Fee ($) $15
Minimum Interest Charge $2
Returned Payment Fee $39
Customer Type Business
Minimum Age 18
Credit Score Range 650 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Extended Warranty Protection
  • Purchase Protection
  • Emergency Support
  • Fraud Liability
  • Free Credit Score
  • Travel Accident Insurance
  • Travel Assistance
  • Concierge
Bonus Rewards Earn $750 cash back when you spend $7,500 in eligible purchases on the account owner’s card within the first four months
Rewards Rates
  • Every Purchase
Signup Bonus Starting at $750
Balance Computation Average daily balance (including new purchases)
Cash Advance APR (Variable APR) 25.99%
Penalty APR (Variable APR) 29.99%
Purchase APR (Variable APR) 15.99% - 20.99%
Balance Transfer Fee % 5%
Balance Transfer Fee % After Intro Period Starting at 5%
Balance Transfer Fee Minimum $5
Balance Transfer APR (Variable APR) 15.99% - 20.99%
Card Network Visa
Card Type
  • Rewards

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