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  US Bank Business Leverage Visa Signature Card
US Bank Business Leverage Visa Signature Card Claimed

US Bank Business Leverage Visa Signature Card

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Highlights
Purchase APR  (Variable APR) 18.24% - 23.24%
(Verified 08/17/2022)
Balance Transfer APR  (Variable APR) 18.24% - 23.24%
(Verified 08/17/2022)
Credit Score Range 650 - 850
Annual Fee $0 - $95

US Bank Business Leverage Visa Signature Card Review

Key Takeaways

  • Signup bonus. Offers a signup bonus of up to $750 if you spend $7500.
  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 18.24% up to 23.24%.
  • Rewards program. This credit card offers rewards on your purchases, but you will have to pay an annual fee of up to $95 for the privilege.
  • 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 $0 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
  • 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 their purchases.
  • US Bank Business Leverage Visa Signature Card reports to multiple credit bureaus.
  • Higher than average purchase APRs.
  • 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 U.S. 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 18.24% up to 23.24%. The card has a variable balance transfer APR that ranges from 18.24% up to 23.24%.

It also has a variable cash advance APR of 28.24%. 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 18.24% - 23.24%
Balance Transfer APR 18.24% - 23.24%
Cash Advance APR 28.24%
Penalty APR 29.99%

What fees does it charge?

The following fees apply to this business credit card:

  • There is no annual fee.
  • 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 $0
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 or rewards program?

Yes, US Bank business Leverage 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
  • Amazon.com
  • Car Rentals
  • Internet, Cable and Phone Services
  • Drug Stores
  • Education
  • Every Purchase
  • Furniture
  • Gas stations
  • Groceries
  • Gyms
  • Home Improvement
  • Hotels
  • Insurance
  • Office Supply Stores
  • Restaurants
  • Retail
  • Shipping
  • Software, Hardware, Cloud
  • Utilities
  • Warehouse Clubs

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.

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 U.S. 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 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 U.S. Bank

Icon for Business Credit Cards
View all business credit cards offered by U.S. Bank

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Annual Fee $0 - $95
Cash Advance Fee (%) 5%
Cash Advance Fee Minimum $10
Foreign Currency Transaction Fee 0%
Late Fee Amount $39
Minimum Cash Advance Fee ($) $10
Minimum Interest Charge $2
No Annual Fee First Year
No Foreign Transaction Fee
No Interest Grace Period for Late Payment 24 days
Over-Limit Fee $0
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 in rewards when you spend $7,500 in eligible purchases on the account owners card within the first 120 days of opening your account.
Rewards Categories
  • 1% - 2% Cash Back on Every Purchase
Signup Bonus Starting at $750
APR Type Variable APR
Balance Computation Average daily balance (including new purchases)
Cash Advance APR (Variable APR) 28.24%
Penalty APR (Variable APR) 29.99%
Purchase APR (Variable APR) 18.24% - 23.24%
(Verified 08/17/2022)
Balance Transfer Fee % 5%
Balance Transfer Fee % After Intro Period Starting at 5%
Balance Transfer Fee Minimum $5
Balance Transfer APR (Variable APR) 18.24% - 23.24%
(Verified 08/17/2022)
Card Network Visa
Card Type
  • Rewards

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