U.S. Bank Business Edge™ Platinum Review
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Many business cards double as travel or cash back rewards cards—they provide extensive benefits for business travelers while also furnishing some basic business focused features.
Rather than offer special discounts at hotels or airlines, the U.S. Bank Business Edge™ Platinum is a straight-laced business-focused credit card with no annual fee as well as free employee cards.
Want to see if this is the card for your business? Read below.
What You Get
The APR on this card is one of its shining features: US Bank offers 0% APR on both purchases and balance transfers for the first 12 billing cycles (about the first year). If you’re holding onto debt from a previous business card, it may be a good idea to transfer onto this card to save on interest.
After that initial period, the APR will jump to 14.99% - 23.99% depending on your credit score and other factors. Those are still lower rates than the average card available right now, so you’re almost guaranteed to save money on interest with the U.S. Bank Business Edge™ Platinum.
The card also provides the Scoreboard, an easy way to track how much your business is spending. It can also allow you to limit spending on employee cards. Payment controls allow you to limit types of purchases, dollar amounts, and transaction types. You can also designate certain times as “off duty” so no one can use their company card to go carousing on a Friday night.
US Bank also provides free access to Visa Savings Edge, which has discounts for business supplies that you may need. They also supply access to US Bank Connect, an online resource for small business owners hoping to be successful in their field.
What You Don’t Get
At first glance, the 0% intro APR and no annual fee make this card sound like a no-brainer. Unfortunately, those perks come with a cost: namely, no cash back rewards or special bonus offers. In a world where many credit cards come with 20,000 mile bonuses, it’s almost hard to find a card without any of those special perks.
If you’re looking for a card without the bells and whistles and don’t travel enough to need those rewards, this card may be what you’re looking for.
U.S. Bank has other business cards with cash back rewards and one-time bonuses, so look around if you decide you want more from your business card.
The Bottom Line
The U.S. Bank Business Edge™ Platinum is a basic, no-frills business card. What it lacks in cash back perks, it makes up for with its 0% intro APR.
Business owners who are still starting out and putting many of their upfront costs on credit cards could benefit from this card, since it could save them hundreds or thousands on interest. Because this card doesn’t come with an annual fee and offers free employee cards, it won’t cost you money.
The U.S. Bank Business Edge™ Platinum isn’t for sole proprietors who want to cash in on the next big bonus. It is designed for those sincerely trying to run and grow their small businesses.
First published , last updated
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.