U.S. Bank Business Cash Rewards World Elite™ Mastercard®

Robin Saks Frankel  in  Business How we rate our cards  |  Advertiser Disclosure
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Recommended Credit Score

Excellent (740 - 850)

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Annual Fee:
Purchase Intro APR:
0%* for 9 billing cycles on purchases
Regular APR:
13.49%-24.49%* (Variable)
Terms and Restrictions Apply | Rates and Fees

Bankrate Rating

The information about the Ink Business CashSM credit card has been collected independently by Bankrate.com and has not been reviewed or provided by the card issuer.


Business owners who spend big on eligible purchases at gas stations, office supply stores and on mobile service providers can save big with unlimited 3% cash-back rewards on the U.S. Bank Business Cash Rewards World Elite MasterCard. This is the only card we know of that offers high category rewards without a spending cap.

That being said, we didn’t give this card a particularly high grade. There’s one big reason: the Business Cash Rewards does not offer a large sign-up bonus. The cards that win the highest marks from us offer upward of $500 after meeting certain spending requirements. The Business Cash Rewards offers $200 cash back after you spend $1,000 in net purchases within your first 90 days of card ownership.


The best thing about the U.S. Bank Business Cash Rewards World Elite MasterCard is the unlimited earning potential. Most business credit cards set a spending cap on the highest cash-back rewards categories, but not this one.

And there’s no annual fee. There’s also a nice 25% annual bonus of your prior year’s rewards (up to $250). Employees also get free cards, but the main cardholder accrues the rewards. Ka-ching.

If the paltry bonus bothers you, consider this: The unlimited cash-back rewards may be worth more in the long run than a larger first-year sign-up bonus, especially if your business spends heavily on gas, office supplies and cell phones. We still think this is a card worth considering if it aligns with your spending patterns.

We also love the included business management tools and MasterCard Elite perks. But big thumbs-down to a few of this card’s less desirable attributes. The foreign transaction fee means this card isn’t a smart choice for international travel. We also wish there was airport lounge access included.

Who should get this card

This card could be a good fit for business owners whose biggest expenses are on mobile phone service, gas, and office supplies.


  • There’s no cap on rewards, even on the highest earning categories.
  • There’s no annual fee.
  • Additional employee cards are free and accrue rewards.


  • You’ll pay a foreign transaction fee on purchases made outside the U.S., which makes this card a poor choice for international spending.
  • If your business’ spending habits don’t align with this card’s bonus categories, another card may be a better choice.

Fees and APR

• Enjoy an introductory 0% APR offer on purchases for 9 billing cycles. After that, it’s a variable 13.49% to 24.49% based on creditworthiness.
• There’s no annual fee.
• A penalty APR of 29.99% will apply if you make two or more late payments and will last for at least six months, plus a late fee of up to $39.
• There’s a balance transfer fee of 3% ($5 minimum).
• You’ll pay a foreign transaction fee of 2% for U.S. dollars and 3% when the transaction is in a foreign currency on purchases made outside the U.S.

Extras, perks and using points

Receive a 25% annual bonus based on your prior year’s annual rewards, up to $250.

Additional employee cards are free and they earn cash rewards, too. This card also comes with online business management and accounting tools.

This card comes with MasterCard World Elite benefits including luxury travel upgrades and discounts, concierge service and access to exclusive events.

Rewards can be redeemed online and must be in $25 increments.