Our experts and industry insiders blog the latest news, studies and current events from inside the credit card industry. Our articles follow strict editorial guidelines.
Key Takeaways
- U.S. Bank has launched a new business credit card with a 0% introductory annual percentage rate on purchases and balance transfers for 18 months.
- Business card customers also earn 5% cash back on air, hotel and car reservations booked through the bank’s travel center with Booking.com.
- The 18-month 0% percent introductory offer sets the U.S. Bank Business Shield Visa Card apart from many competitors.
As business men and women grapple with shrinking profit margins and challenging tariffs, U.S. Bank unveils a new credit card with an extended 0% interest rate.
The U.S. Bank Business Shield Visa Card offers an introductory 0% annual percentage rate for up to 18 billing cycles. The 0% rate applies to purchases and balance transfers. Prospective business customers will want to apply at a U.S. Bank branch to get the best offer.
Customers who apply at any U.S. Bank branch enjoy 18 billing cycles at the 0% rate. In contrast, customers who apply through digital channels receive a 0% rate for just 12 billing cycles. The card has no annual fee.
Additional Card Benefits
When using a U.S. Bank Business Shield Visa, card customers gain an additional year of protection on eligible warranties, earn 5% cash back on hotel, air and car reservations booked directly in the bank’s travel center with Booking.com, and earn a $50 annual statement credit when spending $5,000 in the bank’s travel center.
U.S. Bank Business Shield Visa customers who have balances that linger after the 0% introductory period ends may wish to get a further break on interest with ExtendPay. With ExtendPay, customers can move eligible purchases of $100 or more and then enjoy equal monthly payments with no interest and with no fee.
“The Business Shield Visa card is designed to help business owners navigate the unpredictable financial and resource challenges that come with running a small business,” said Anthony Merola, head of Bank Brand and Small Business Cards at U.S. Bank.
“Featuring an industry-leading 0% extended introductory APR on purchases and balance transfers, and access to Spend Management, our expense management platform, this card is a transformative solution for both new and seasoned business owners looking to safeguard their business from the unexpected.”
Credit Card Management Help
U.S. Bank also offers Spend Management, an easy-to-use dashboard for business customers that includes integrated accounting and intuitive receipt capture and allows them to track and monitor credit card spending.
Inside U.S. Bank Business Credit Card Offerings
The U.S. Bank Business Shield Visa is replacing the U.S. Bank Business Platinum Card for new customers. The Business Platinum Card will sunset on Feb. 2, according to a U.S. Bank spokesperson. She also noted that U.S. Bank credit card products are aimed at customers with credit scores in the good to excellent range.
The U.S. Bank Business Shield Visa stands out with its lengthy introductory APR among other business card offerings from U.S. Bank. The U.S. Bank Triple Cash Rewards Business Visa has a 0% introductory rate for just 12 billing cycles for both purchases and balance transfers.
U.S. Bank Business Altitude Power Visa Signature Card, U.S. Bank Business Altitude Connect Visa Signature Card and the U.S. Bank Business Leverage Visa Signature Card have no introductory APRs.
How the Competition Compares
With a 0% introductory rate on purchases and balance transfers for 18 months, the U.S. Bank Business Shield Visa Card has the edge over many competitors.
Several cards have 0% introductory rates on purchases for 12 months. These include the Chase Ink Business Unlimited Credit Card, Chase Ink Business Cash Credit Card, American Express Blue Business Cash Card, and the Wells Fargo Signify Business Cash Card.
Columbia Bank Business Zero+ Card matches the U.S. Bank card offer with 0% introductory rate on purchases and balance transfers for 18 months.
Wells Fargo Reflect Card has a 0% introductory rate on purchases and qualifying balance transfers for 21 months, but this is a personal credit card and not a business card.
Why U.S. Bank is Releasing This Product
The card and its generous introductory rate offer of 0% for 18 months will appeal to business owners who face cash flow and credit challenges and unpredictable income struggles for their small businesses.
The card gives them 18 months of breathing room on both purchases and balance transfers. And with ExtendPay, they can further lengthen their interest free payments once the 18-month introductory period ends.
The Bottom Line
The U.S. Bank Business Shield Visa Card comes with an impressive, 0% introductory APR on both purchases and balance transfers. With its cash back rewards on travel, this card will appeal to small business customers who are on the move and to those simply seeking 18 months of interest-free credit.
