U.S. Bank Business Platinum Card

The U.S. Bank Business Platinum Card is a business card for small business owners planning to make a major purchase or pay off high-interest debt. It has a lengthy 0% introductory APR period. But you should know it charges a balance transfer fee, so consider that before choosing this option. It doesn’t offer any rewards and there’s no welcome offer, but it does come in handy if you want to finance a business purchase. We dive into the details and your approval odds in this U.S. Bank Business Platinum Card review.

U.S. Bank Business Platinum

Our Rating

4.0/5.0

Welcome Offer

None

Annual Fee

$0

0% on Purchases

18 months

Reward Rate

No rewards

0% on Balance Transfers

18 months

Welcome Offer

None

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
Benefits24/7 customer service
Travel PerksNone

Rewards

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of each foreign transaction
Regular APR17.24% to 26.24% (V) APR
Balance Transfers0% Intro APR for 18 months on balance transfers, then 17.24% to 26.24%(V) APR after that.
Balance Transfer FeeEither 3% of the amount of each transfer or $5 minimum, whichever is greater.
Purchases0% Intro APR for 18 months on purchases, then 17.24% to 26.24% (V) APR after that.

What Credit Score Is Required to Get the U.S. Bank Business Platinum Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved07/14/2021
790
Equifax
$23,000
Approved08/17/2023
760
Not Provided
$500

Pros & Cons

Pros
  • No annual fee
  • 0% intro APR
Cons
  • No welcome bonus
  • No rewards
  • Foreign transaction fee

What Are the Best Alternatives?

U.S. Bank Triple Cash Rewards Visa® Business Card
U.S. Bank Triple Cash Rewards Visa® Business Card

Rating

4.5

Rewards Range

1% - 5% Cash Back

Annual Fee

$0

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card

Rating

4.6

Rewards Range

1.5%

Annual Fee

$0

The American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card

Rating

4.6

Rewards Range

1% - 2%

Annual Fee

No annual fee

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