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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U.S. Bank - Bank Advertiser
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I'm all for free money
I think over the years (many years) I've gotten at least $15k in CC bonuses. I've never heard of US Bank but I have insurance payments, end of year donations and even a state tax payment that they allow me to pay without charges. I'll hit the $6k requirement without any problem.
I do recognize I'll lose about $60 by not putting it on my 2% card from Wells Fargo but still a nice chunk of free money! Rare to find these without annual fees these days.
i do recognize i'll lose about $60 by not putting it on my 2% card from wells fargo but still a nice chunk of free money! rare to find these without annual fees these days.
My Credit score is similar and I got approval in a few hours. I have a legitimate business and a fistfull of credit cards already. In fact I had just been approved for a new one (WF 2% card) the day before.
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If this actually matters to you (you intend to actually use the card longer term, not just keep it unused or churn it), then just max it out and pay off the full balance a couple of times and then ask them to raise the limit. 9 times out of 10 they will oblige. If you are unable to do that or it doesn't make sense to you, then the credit limit they gave you is probably right where it should be to limit their exposure to churners and/or brand new customers who aren't going to make them money (by either regularly using the card and/or carrying a balance).
Remember, this whole system is intended to make them money, not you.
Remember, this whole system is intended to make them money, not you.
1) meet their $6000 requirement to receive the bonus
2) take advantage of their 12-month free inerest to pay off.
Well, US Bank is known for this issue no matter if you have 850 credit scores. Here is the link for people have similar issue. https://wallethub.com/d/us-bank-b...rcard-925c
1) meet their $6000 requirement to receive the bonus
2) take advantage of their 12-month free inerest to pay off.
Well, US Bank is known for this issue no matter if you have 850 credit scores. Here is the link for people have similar issue. https://wallethub.com/d/us-bank-b...rcard-925c
I got this card in Nov and they gave me a $10k credit line. My score is somewhere above 800 and I have a legit business.