US Bank Business Platinum Card

Key Benefits

All Benefits

• $0 annual fee — the card can be held indefinitely with no carrying cost, which matters because the entire product is built around interest-free financing rather than rewards.
• 0% introductory APR on new purchases for 18 billing cycles from account opening (verify the exact promo length on the issuer page at apply time — U.S. Bank has historically run 18-cycle and shorter offers on this product).
• 0% introductory APR on balance transfers for 18 billing cycles when the transfer posts within the promo window — designed for moving existing higher-rate business card or LOC debt to a 0% runway.
• Standard variable APR after the intro period applies based on Prime + a margin (verify current range on the Rates & Fees / Pricing & Terms disclosure linked from the product page); balance transfer fee typically applies at the greater of $5 or 3% (verify on the disclosure).
• ExtendPay Plan: split eligible purchases of $100+ into fixed monthly installments with no interest, paying only a fixed monthly fee — a structured way to spread larger one-time business purchases without revolving APR.
• ExtendPay Loan: convert a portion of your existing balance into a fixed-payment installment plan with a single monthly fee instead of variable interest — useful when the intro APR window is ending and you still need runway.
• Free employee cards with individual spending limits set by the business owner, and consolidated reporting across all employee spend.
• Visa Business network: accepted broadly at U.S. and international merchants accepting Visa, with the same baseline Visa zero-liability fraud protection on unauthorized employee/owner charges.
• $0 fraud liability for unauthorized transactions reported promptly — applies to both the primary account and employee cards.
• Online and mobile account management via U.S. Bank business online banking + the U.S. Bank Mobile app, including statement download, payment scheduling, and employee card controls.
• Mobile wallet support: Apple Pay, Google Pay, and Samsung Pay for both the primary cardholder and authorized employees.
• Contactless EMV chip card — tap-to-pay at the point of sale.
• Card-controls features in the U.S. Bank mobile app: lock/unlock card, set transaction alerts, and report card lost/stolen without calling.
• Year-end summary report showing categorized business spend across all employee cards — useful at tax time even without rewards categories to track.
• Compatible with U.S. Bank business checking auto-pay for automatic statement payments to avoid late fees during the intro APR window.
• Visa SavingsEdge: Visa-network automatic discount program on eligible business purchases at participating merchants (enrollment required; offers are merchant-funded and rotate).
• No rewards program: Not offered — this card intentionally earns 0 points, 0 miles, and 0% cash back on every purchase. If you carry no balance and want rewards, pair this with a separate U.S. Bank Triple Cash Rewards or Business Altitude Connect instead of using this card for everyday spend.
• No welcome bonus: Not offered — there is no sign-up SUB, no first-year spending bonus, and no statement credit at account opening. The math on this card is purely intro-APR interest savings, not points value.
• Foreign transaction fee: Verify on the current Pricing & Terms disclosure — historically this card has carried a foreign transaction fee (commonly 2% to 3% on Visa business products in this tier), so it is not the right card for international purchases. Confirm before assuming no-FX, since the marketing page does not advertise no-FX as a feature.
• Airport lounge access: Not offered — this is a $0 AF balance-transfer card; lounge access on the U.S. Bank lineup requires the Altitude Reserve ($400 AF) or Business Altitude Power ($195 AF).
• Travel insurance (trip cancellation / trip interruption / trip delay): Not offered — no issuer-added trip protection benefits. Any residual Visa-network baseline coverage should be verified via the current Visa Guide to Benefits.
• Auto rental collision damage waiver: Not offered as a marketed benefit — Visa discontinued the U.S. consumer auto rental CDW in April 2024; verify any Visa Business residual coverage in the current Guide to Benefits before declining the rental counter waiver.
• Purchase protection / extended warranty / return protection: Not offered as a marketed issuer benefit on this product — check the current Visa Business Guide to Benefits for any network-level residual coverage.
• Global Entry / TSA PreCheck application credit: Not offered — that benefit lives on premium U.S. Bank cards (Altitude Reserve, Business Altitude Power), not on this $0 AF balance-transfer product.
• Hotel or airline elite status: Not offered — no transfer partners, no co-brand status match, no complimentary hotel nights.
• Transfer partners: Not offered — because there are no rewards earned, there is nothing to transfer. This is not a points or miles product.
• Cell phone protection: Not offered — for cell phone protection on a $0 AF U.S. Bank business card, look at the Triple Cash Rewards instead.
• Best-use summary: Use this card only when (a) you have a balance to transfer from a higher-APR business card or LOC, or (b) you have a large planned business purchase you want to finance interest-free over the intro window. Do not use it for everyday spend — every $1,000 of spend here earns $0 vs $15 to $40 on a Triple Cash Rewards or Business Altitude Connect.