US Bank Business Essentials Plus
$1,000 welcome bonus · 10% on hotels & car rentals (via portal) · $295/yr
The Business Essentials Plus asks $295 a year for two things the no fee Business Essentials lacks: 5% cash back on your top eligible category each month, and a much higher ceiling on the checking relationship boost. The 5% applies automatically to whichever of eight categories you spend the most in, including airlines, dining, cell phone service, office supplies, shipping, utilities, and accounting and tax services, on up to $200,000 a year. Everything else earns 2%, rising to 2.5%, 3%, or 3.5% on up to $200,000 a year once you hold $15,000, $75,000, or $150,000 in qualifying U.S. Bank business checking, which means the top tier needs serious cash parked at U.S. Bank. The welcome offer is $1,000 after $15,000 in spending within 150 days. There is no intro APR, but there is also no foreign transaction fee, and prepaid hotels and car rentals in the U.S. Bank Travel Center earn 10%.
Earn rates & credits
| Category | Rate |
|---|---|
Hotels & Car Rentals (via Portal) Prepaid hotels and car rentals booked directly in the U.S. Bank Travel Center | 10% |
Top spend category Automatically on your top eligible spend category each month from 8 eligible (accounting & tax services, airlines, cell phone service providers, dining, entertainment, office supply stores, postal & shipping services, utilities), up to $200,000 a year on first $200,000/yr, then 2% Eligible: Airlines, Phone Services, Dining, Entertainment, Office Supply Stores, Shipping, Utilities | 5% |
Everything Else Up to 3.5% on $200,000 a year with qualifying U.S. Bank business checking balances: 2.5% at $15,000 to $74,999, 3% at $75,000 to $149,999, 3.5% at $150,000+ (Business Essentials, Gold, Gold with Interest, or Platinum Business Checking); 2% otherwise | 2% |
Card details
Regular APR | 17.99%–27.99% variable |
Foreign transaction fee | None |