While this information was accurate at the time this post was published, these cards’ offers and perks may have expired or changed over time. Visit our reviews of the best credit cards to find the right card for your needs.

U.S. Bank Business Cash Rewards World Elite™ MasterCard®Looking for a new credit card for your small business? Consider the U.S. Bank Business Cash Rewards World Elite MasterCard. This card just increased its 0% intro APR period on purchases from 9 months to 15 months of 0% intro APR and extended it to balance transfers as well! You will need to pay a balance transfer fee of 3%, but that’s typical of credit card balance transfers. Keep reading to learn about this card’s intro bonus opportunity, ongoing cash back rewards and more to determine if it’s right for your business.

What does the U.S. Bank Business Cash Rewards World Elite MasterCard offer?

U.S. Bank Business Cash Rewards World Elite MasterCard
  • New offer: 15-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee)
  • Get a $200 bonus when you spend $1,000 on purchases within your first 90 days of account opening
  • Earn 3% cash back on cellular, gas station and office supply store net purchases
  • Earn 1% on all other purchases
  • Receive a 25% Annual Cash Rewards Bonus (up to $250)
  • Pay no annual fee

To start, let’s explain that 0% intro APR offer a bit more. We really like this new intro APR period because a long 0% intro APR on purchases like that is similar to a no-interest, 15-month loan on business purchases — something most businesses would appreciate. This can help you make important purchases for your company’s growth, like working on new marketing campaigns or bulking up your inventory. Or, if you’ve built up a balance on a different credit card and find yourself paying a lot of interest, maybe it’s time to transfer your balance to the U.S. Bank Business Cash Rewards World Elite MasterCard so you can pay no interest for 15 months. You will need to pay a 3% balance transfer fee, but we think it’s likely worth it for over a year of no interest.

Another strong intro feature is the bonus you can earn as a new cardholder. You’ll earn $200 cash back after you spend $1,000 on purchases in the first 90 days from account opening. If you’re likely to spend that much or more (if you use the card for your major expenses, this spending minimum should be no problem), that’s a great value — 20% back on the first $1,000 you spend.

The ongoing cash back rewards also pile up, as you’ll earn 3% cash back on cellular, gas station and office supply store purchases, as well as 1% cash back on all other purchases. Add to that the fact that the U.S. Bank Business Cash Rewards World Elite MasterCard charges no annual fee and provides a 25% Annual Cash Rewards Bonus, meaning you’ll earn 25% of the prior year’s cash rewards (up to a $250 maximum per year), and you’ll see why this is an excellent card to keep for years to come.

Are there any downsides to this card?

If you are looking for a catch, there isn’t a glaring fault to the U.S. Bank Business Cash Rewards World Elite MasterCard. That said, there are two aspects worth giving a second thought: rewards for high spending and your credit score.

Rewards

While the U.S. Bank Cash Rewards World Elite MasterCard offers solid rewards and 0% intro APRs, it’s possible to find a credit card with a higher bonus or rewards rate. For example, the Ink Business Cash Credit Card earns 5% cash back on office supplies, cable, Internet and telecom purchases (up to $25,000/year in purchases, then it’s 1%) as well as 2% back on gas and dining (up to $25,000/year in purchases, then it’s 1%), and 1% on all other purchases. However, the card features 12 months of 0% intro APR on purchases and balance transfers instead of 15 months. It also requires a higher balance transfer fee of 5%, $5 minimum.

The Ink Business Cash Credit Card also has a higher bonus, $500, but it requires that the cardholder spend $3,000 on purchases within 3 months of account opening. That’s a much higher spending requirement, and it ends up being a lower cash back percentage — 16% vs. U.S. Bank’s 20%. However, if you expect your spending to be that significant, you may want to consider the Ink Business Cash Credit Card or one of the other business credit cards we review.

Credit requirement

Another potential downside is the credit requirement. Depending on your credit scores, you may not qualify for either of the cards noted so far, as both cards require excellent credit scores (generally considered to be scores of 750 or higher). If that’s not you, don’t despair! There are business credit cards for every credit score.

For example, if you have good to excellent credit (generally considered a score of 700 or higher), you can still get 15 months of 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee, $5 minimum) through The Blue Business Plus Credit Card from American Express (a NextAdvisor advertiser). However, you may be disappointed by the lack of an intro bonus and by earning points instead of cash back.

Similarly, you could earn a nice flat cash back rate of 1.5% on all purchases and a $200 bonus opportunity with Capital One Spark Cash Select for Business, which requires good to excellent credit (usually considered a credit score of 700 or higher), but you would receive only a 9-month 0% intro APR on purchases. As you can see, if you know what you’re look for, you can find wonderful perks. However, it can be hard to find all of the U.S. Bank Business Cash Rewards World Elite MasterCard’s features in one card, especially with less-than-perfect credit.

Should I get the U.S. Bank Business Cash Rewards World Elite MasterCard?

If you’re looking to make a balance transfer or to carry a balance on new purchases without paying interest, it doesn’t get much better than the U.S. Bank Business Cash Rewards World Elite MasterCard. That’s because none of the business card we’ve reviewed have longer 0% intro APR periods! In addition to that, the U.S. Bank Business Cash Rewards World Elite MasterCard offers appealing rewards rates and categories as well as a low spending requirement for its bonus.

That said, as we pointed out earlier, you may be able to earn higher bonuses and more cash back with another card if you expect to spend significantly more. And if your credit scores are less than perfect, you’re better off finding a credit card that matches your credit. For more business credit card options, read our business credit card reviews.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.