U.S. Bank National Association
U.S. Bank Business Essentials Plus Card
Business
| Annual fee | $295 Fact |
| Foreign transaction fee | Not confirmed |
| Rewards currency | cash back |
| Cash back value | 1.00¢ Fact |
Last updated Nov 2, 2026
Checked Nov 2, 2026
How you earn
| Category | Rate | Currency | Cap |
|---|---|---|---|
| Travel (issuer portal) Earn 10% cash back (2 base and 8 additional points per $1) on prepaid hotel and car rental reservations booked directly in the U.S. Bank Travel Center using your card. |
10% | cash back | No cap |
| Top 1 spend category each month | 5% | cash back | $200,000/mo |
| Everything else | 2% | cash back | No cap |
Conditional earning rates
| Rate | When it applies |
|---|---|
| 2.5% | Earn a total of 2.5% cash back (2% base plus 0.5% Business Essentials Plus Earning Bonus) on up to $200,000 in eligible net purchases per year when you have a qualifying U.S. Bank business checking account and a qualifying balance between $15,000 to $74,999.99. |
| 3% | Earn a total of 3% cash back (2% base plus 1% Business Essentials Plus Earning Bonus) on up to $200,000 in eligible net purchases per year when you have a qualifying U.S. Bank business checking account and a qualifying balance between $75,000 to $149,999.99. |
| 3.5% | Earn a total of 3.5% cash back (2% base plus 1.5% Business Essentials Plus Earning Bonus) on up to $200,000 in eligible net purchases per year when you have a qualifying U.S. Bank business checking account and a qualifying balance of $150,000 or more. |
Benefits & protections
Card facts
Protection & Insurance
1
Receive a new cardmember $0 fee offer on U.S. Bank ExtendPay Plans opened in the first 60 days after account opening for eligible purchases over $100.
Employee cards on the U.S. Bank Business Essentials Plus
Card factsEmployee cards are free.