Seems like a good deal unless you guys know something I don't - just wanted to share
- Annual Fee: $0.00
- Earning rate: 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants ✦ 1% back everywhere else
- Other Perks - 12 months interest free
- Other Perks - $100 credit for recurring software subscription expenses such as FreshBooks or QuickBooks.
https://www.usbank.com/business-b...-card.html
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Credit Cards
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U.S. Bank - Bank Advertiser
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$750 on $6k spend is a really good bonus. Also, credit card bonuses (unlike bank account bonuses) are tax-free!
But, it's only a meh credit card at best.
Most purchases are only 1% cash back, when many cards offer 2% on everything.
3% on gas, EV charging stations, office supply stores, cell phone service providers, and restaurants. It may be hard to hit $6k in just those categories, and other cards may offer more.
If you assume that putting $6k purchases on another card would get you 1.5% more cash back, that's $90 off your bonus. $660 bonus is still good though.
The 12 months interest free is nice if you are organized enough to take advantage of it without getting screwed. I like to put what I would normally pay to the credit card company in a HYSA so the funds are available before the interest kicks in.
$750 on $6k spend is a really good bonus. Also, credit card bonuses (unlike bank account bonuses) are tax-free!
But, it's only a meh credit card at best.
Most purchases are only 1% cash back, when many cards offer 2% on everything.
3% on gas, EV charging stations, office supply stores, cell phone service providers, and restaurants. It may be hard to hit $6k in just those categories, and other cards may offer more.
If you assume that putting $6k purchases on another card would get you 1.5% more cash back, that's $90 off your bonus. $660 bonus is still good though.
The 12 months interest free is nice if you are organized enough to take advantage of it without getting screwed. I like to put what I would normally pay to the credit card company in a HYSA so the funds are available before the interest kicks in.
Good write up
$750 on $6k spend is a really good bonus. Also, credit card bonuses (unlike bank account bonuses) are tax-free!
But, it's only a meh credit card at best.
Most purchases are only 1% cash back, when many cards offer 2% on everything.
3% on gas, EV charging stations, office supply stores, cell phone service providers, and restaurants. It may be hard to hit $6k in just those categories, and other cards may offer more.
If you assume that putting $6k purchases on another card would get you 1.5% more cash back, that's $90 off your bonus. $660 bonus is still good though.
The 12 months interest free is nice if you are organized enough to take advantage of it without getting screwed. I like to put what I would normally pay to the credit card company in a HYSA so the funds are available before the interest kicks in.
Solid write up as well. I'm leaning towards applying just for the SUB. The only thing I wish I knew is how many of the credit agencies they check. Any idea?
Solid write up as well. I'm leaning towards applying just for the SUB. The only thing I wish I knew is how many of the credit agencies they check. Any idea?
If you are concerned about hard credit inquiries, don't chase credit card bonus deals.
That said, the effect the hard credits have on you is overblown. It isn't a big effect, and it doesn't last very long. Sometimes, your credit score can even go up because you have more credit, and your percentage utilization goes down.
I've chased plenty of these deals and still have a score over 800. I might avoid it if a new mortgage or car loan was in my immediate future, but otherwise, I don't care.
Great sign so far.
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Solid write up as well. I'm leaning towards applying just for the SUB. The only thing I wish I knew is how many of the credit agencies they check. Any idea?
"Cardmembers can conveniently redeem their cash back by logging into their online account. Cash back can be redeemed in the form of a statement credit or deposit to a U.S. Bank checking, savings or money market account. U.S. Bank reward cards are also available."
I'm all for free money
Great sign so far.