Our illustration, not the card’s design
US Bank credit card
Low Intro Business Credit Card
No annual fee. Purchase APR 16.49–25.49%, variable.
Checked Nov 1, 2026Updated
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
Issuer's page · applications.usbank.com
The source states this figure; we have no exact sentence on file yet.
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer's page · applications.usbank.com
“After that, 16.49% to 25.49% based on your creditworthiness when you open your account.\n”
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
Issuer's page · applications.usbank.com
“3% of each foreign transaction”
Select an underlined figure to see where it comes from.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $0 | $0 | |
| Typical spender | $0 | $0 | |
| Heavy spender | $0 | $0 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
Assumed: not counted: 5x 5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid airfare reservations purchased in the Travel Center; not counted: 5x 5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid hotel reservations purchased in the Travel Center.
$0a year
The same in the first year and after.
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500.
$0a year
The same in the first year and after.
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.
$0a year
The same in the first year and after.
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: not counted: 5x 5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid airfare reservations purchased in the Travel Center; not counted: 5x 5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid hotel reservations purchased in the Travel Center.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
- No annual fee, like about 85% of the 711 cards we track.
- Lower top APR than about 60% of the 651 cards we track.
Other cash back cards with no annual fee
- Citizens Summit World MastercardCitizens · No annual fee+$610 a year
- Wells Fargo Cash Back Credit CardWells Fargo · No annual fee+$600 a year
- Credit One Bank Omni RewardsCredit One · No annual fee+$600 a year
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Cash Rewards
How you earn
- 5%
- 5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid airfare reservations purchased in the Travel Center5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid car reservations purchased in the Travel Center5% Cash Rewards for every $1 spent in eligible Net Purchases on prepaid hotel reservations purchased in the Travel Center
Cash back, as a share of each purchase.
Benefits
- Annual travel statement credit: $50 annual
- Annual $50 statement credit after at least $5,000 in total qualified Purchased Travel posted to the account within each 12-month period, using the Purchase Travel Link in the Rewards Center. The 12-month period starts on the account opening date and restarts on each anniversary.
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · applications.usbank.com The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer's page · applications.usbank.com “After that, 16.49% to 25.49% based on your creditworthiness when you open your account.\n” |
| Intro APR | Receipt · Intro APRChecked Nov 1, 2026 Issuer's page · usbank.com “See how much you could save with a 0% introductory APR for 12 billing cycles.*” |
| Balance transfer APR | Receipt · Balance transfer APRChecked Nov 1, 2026 Issuer's page · applications.usbank.com The source states this figure; we have no exact sentence on file yet. |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 1, 2026 Issuer's page · usbank.com “Balance Transfer fee of 5% of each transfer amount, $5 minimum will apply.” |
| Cash advance APR | Receipt · Cash advance APRChecked Nov 1, 2026 Issuer's page · applications.usbank.com “30.74% \n” |
| Cash advance fee | Receipt · Cash advance feeChecked Nov 1, 2026 Issuer's page · applications.usbank.com “Either 5% of the amount of each advance or $10 minimum, whichever is greater.” |
| Penalty APR | Receipt · Penalty APRChecked Nov 1, 2026 Issuer's page · applications.usbank.com “29.99%” |
| Late payment | Receipt · Late paymentChecked Nov 1, 2026 Issuer's page · applications.usbank.com The source states this figure; we have no exact sentence on file yet. |
| Returned payment | Receipt · Returned paymentChecked Nov 1, 2026 Issuer's page · applications.usbank.com The source states this figure; we have no exact sentence on file yet. |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 Issuer's page · applications.usbank.com “3% of each foreign transaction” |
| Minimum interest charge | Receipt · Minimum interest chargeChecked Nov 1, 2026 Issuer's page · applications.usbank.com The source states this figure; we have no exact sentence on file yet. |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- None · applications.usbank.com, since Oct 8, 2026
- Does it charge a foreign transaction fee?
- Yes: 3% of each foreign transaction. · applications.usbank.com, since Oct 8, 2026
- What is the purchase APR?
- 16.49–25.49% APR · applications.usbank.com, since Oct 8, 2026
- Is there an intro APR?
- 0% for First 12 billing cycles. · usbank.com, since Sep 29, 2026