U.S Bank has quietly re-branded their existing business card to a new business credit card called “Business Edge Rewards”. There are four versions of this card:
- Business Edge Cash Rewards
- Business Edge Select Rewards
- FlexPerks Business Edge Travel Rewards
- Business Edge Platinum
These cards are pretty unremarkable, all cards come with the following:
- 0% APR on purchases for the first nine billing cycles
- No cap on points/cash back earnings
- No annual fee
Contents
Card Highlights For The Business Edge™ Select Rewards Card
Our full review
Application link
- Earn 3x points on one the following categories:
- Day-to-day expenses, such as shipping, advertising, utilities, office supplies, telecom and professional services
- Automotive, such as gas, service, tires, tolls, dealerships, car washes and repairs
- Travel and entertainment, such as airlines, auto rental, hotels, restaurants and travel agencies
- Earn 1x points on all other purchases
- Sign up bonus of 10,000 points after you spend $500 within the first 90 days of account opening
Redeeming Points
Points can be redeemed for the following:
- U.S Bank visa gift cards or gift cards from other participating merchants
- Name brand merchandise
- Travel
- Statement credit
Usually you can get at least 1¢ per point in value.
Our Thoughts
At first glance this card didn’t seem too bad, but that was before I realized you could only pick one of the three point earning categories. These categories are a lot broader than they usually are (for example I’ve never seen a card that has a bonuses category on car repair expenses), which is a definite upside.
Card Highlights For The Business Edge™ Cash Rewards Card
Our full review
Application link
- Earn 3% cash back cellular, gas and office supply store
- Earn 1% cash back on all other purchases
- Receive a 25% bonus on the previous years cash back earned, up to $250
Our Thoughts
With the 25% annual bonus this card actually earns 3.75% cash back on cellular gas and office supply stores. Unfortunately other cards on the market allow you to easily get 5% cash back on the same bonuses categories.
Card Highlights For The FlexPerks® Business Edge™ Travel Rewards Card
Our full review
Application link
- 20,000 FlexPoint bonus after you spend $3,500 within the first three months
- $25 airline allowance for each award ticket booked for incidental expenses such as baggage and food
- Earn 2x FlexPoints on gas, office supplies or airline purchases, whichever you spend most on each monthly billing cycle
- Earn 2x FlexPoints most cell phone purchases, including monthly bills, accessories and Internet charges
Redeeming FlexPoints
FlexPoints can be redeemed at a maximum of 2¢ per point when redeeming for airline travel. Here is the award chart:
You can book any airline that is part of the online portal (which is pretty much all airlines from what we’ve seen). You can also redeem for gift cards at 1¢ per point.
Our Thoughts
The sign up bonus is decent on this card if you’re going to redeem for airline travel ($400), you’d need to put in some extra spend to hit the next level ($5k total in bonused spend or $10k in non bonused spend, which would give you $600). The problem is the Ink cards from Chase earn 5x Chase UR points in the same bonuses categories.
Card Highlights On The Business Edge™ Platinum Card
Our full review
Application link
- No annual fee
- 0% APR for the first twelve months
- No rewards program
Our Thoughts
This card is useless, I’m not sure why they bothered to add it.
Our Overall Thoughts
These cards are decent earners, but they all fall short of being amazing credit cards. The upside is that they have no annual fee, the downside is that they earn a lot less than existing business cards on the market (e.g the Ink Bold/Ink Plus).
The only one of real interest for most people will be the select card and that’s solely because it includes bonused earnings on things (e.g automotive repair) which no other card offers.
All of these cards have been added to the master list of business credit card sign up offers.
What do you think of these new cards offered by US Bank? Will you be applying for any of them?
Hat tip to pfdigest from saverocity
