U.S. Bank Business Edge Card
No annual fee
200 dollars
$1,000 initial spend
($185 net value, .19/$)
3% Cellular Expenses
3% Office Supply Stores
3% Gas
1% Everything Else
Plus a 25% annual bonus.
3% Foreign Transaction Fee
This card is primarily interesting for people who qualify for a business card and are looking for a no-annual-fee way to earn a slightly higher reward rate on cellular expenses and office supply stores.
Collecting the Signup Bonus
This card is primarily interesting for its bonus categories, not for its signup bonus. The typical signup bonus is $200. After subtracting the opportunity cost of using the card for $1,000 of spending, the calculated net value for the initial year is $185 (19 cents per dollar spent).
It isn't much, but its a nice side benefit, assuming you are interested in the card to earn bonus rewards on cellular expenses and office supply stores, without paying an annual fee.
Notable Benefits
None.
Bonus Categories
- For some people, this is a great card to use for your cell phone bill. You earn 3% back and get the standard Mastercard World Elite Cellphone coverage. However, since it is a business card, it doesn't cover additional members of your household (unless they are employees.
- If you can't get a Chase Ink Card, the 3% rewards on office supply store purchases might be interesting.