The Offer
- US Bank is offering 75,000 points, worth $750, after you spend $7,500 within 4 months when you get approved for the business Leverage card.
Card Details
- Annual fee of $95 waived first year, employee cards are free
- Card earns 2x points per $1 spent made in the top two categories where you spend the most each month, 1x points on all other purchases
- Full list of eligible categories can be found here. Each category has multiple sub categories.
- Points don’t transfer to Flexperks or Altitude. Minimum redemption for statement credit is 5,000
Our Verdict
This card launched back in 2018. At the time, the signup bonus was that you get an extra point per dollar for the first year, up to 100,000 points. There was at one point a targeted signup bonus of 100k with $10k spend. In any case, this public $750 signup bonus offer is the best public offer we’ve seen. It’s quite a good deal as you’ll end up getting 11-12% back on your $7,500 spend requirement.
Check out these Things To Know About US Bank before applying. US Bank doesn’t report business credit cards to the personal credit bureaus. One thing to watch out for is that with US Bank cards, the employee/AU cards can not do the spend to meet the minimum spend requirement.
Hat tip to Astheworldchurnd
I stopped by at my local US Bank branch and got the flyer for $900 bonus Leverage card!
You can see the exclusive offer in the link below. I highly recommend checking out this offer. The application process was easy and quick approval was a pleasant surprise.
Here’s the link I used: http://creditcardapply.usbank.com/126lex
Leverage – $900
https://creditcardapply.usbank.com/ar/business-leverage-card?bankercode=126lex
Altitude – 75K Points
https://creditcardapply.usbank.com/ar/business-altitude-connect?bankercode=126lex
Triple Cash – $600 bonus
https://creditcardapply.usbank.com/ar/business-triplecash-rewards?bankercode=126lex
Yes $900 using this link instead of $750.. Thank YOU!!
Link is broken.
Just a heads up for anyone signing up with a targeted flyer. I was enrolled automatically called central billing and had to create a new login in order to pay off the card. It will not show current balance otherwise
Thank you for posting this information. I came across this problem today when trying to get/pay my first bill. I also used a mailer. I spent over 30 minutes on the phone with US Bank getting bounced around, I finally hung up. They said I need to set up a separate account and need my “Central billing” account number, which I don’t have. I did find out though that when you call in, you can ask for details on the “Total Business Relationship” which will give you the balance due for the statement verbally, and it says you can make a payment on the card which will be applied, so that is one option I am considering.
Also someone I spoke to said they could get me transferred to someone else and I could have the account “re-structured” to only use the credit card account instead of the overall account as well. I opted not to do this, because I am worried it would affect the sign up bonus.
Likely, I will just call in to get the amount due and make the payment to the credit card online for now, and then once the bonus hits, i will have the account converted.
How were you able to get your “central billing” account number? joe
This whole central billing thing makes no sense at all, I simply got lucky with a very informed rep. All you have to do is create a new login with the biz card number and last 4 social here and you’ll pretty much end up with two accounts and you can start making payments online with the new login without having to call in.
I’m hunting for the $750 as well so not taking any chances and just decided to put up with it without converting
https://auth.usbank.com/enroll/user?tenantId=USB&appId=RETAIL&channelId=WEB#/VerifyEnrollment
Approved for the card for the second time but for some reason all of my posted transactions are not showing on the balance therefore I cannot pay it off as of now
For anyone who has recently opened this card or completed the bonus, did you have a spending tracker in the mobile app towards the bonus? I had this show when I did the Altitude Connect, but it is not showing for the Business Leverage card. It was very convenient, so wondering if anyone knows why it’s not showing in the app.
For anyone who has recently opened this card or completed the bonus, did you have a spending tracker in the mobile app towards the bonus? I had this show when I did the Altitude Connect, but it is not showing for the Business Leverage card. It was very convenient, so wondering if anyone knows why it’s not showing in the app.
Anyone else get ExtendPay $0 fee targeted offer after opening? If this is common may do for P1, otherwise will do triple cash for P2. Thanks!
If I have a biz checking account with US Bank already, but no US Bank CC, how picky will they be about biz paperwork/application? Compared to a Chase Ink application?
I’ve churned this once so far. The first card I applied for through a public link. The second card I received a targeted mail offer. I had already closed the first card at the time of the second application.
I’ve received another targeted mailer for this card ($750/$7500/120d) and will go for it a third time. I just canceled my 2nd card and will give it a few days before going for #3.
Did you have a Business checking account each time you applied for the card, and did you apply as Sole Proprietor with SS# or EIN?
Always applied with SSN only.
According to my records I have never had an open business checking account with US bank at the time of applying for a Business Leverage cc.
Thanks!
Would you mind sharing when did you open the first and second card?
1st card opened Q1 2022
2nd card opened Q1 2023
and now 3rd card opened Q1 2024.
All cards opened >365 days apart.
Closed the card in February and just received a targeted offer today via mail, looks like it might be churnable. Any DPs?
I currently have this card, and today got another targeted mail tempting apply again because of bonus and not much impact to personal credit profile.
I just got approved. Gonna report back