Meet our favorite balance transfer credit card: the U.S. Bank Business Cash Rewards World Elite™ Mastercard®.
While it may have an overly complicated name, this card offers simple benefits that make it a clear standout.
It all starts with the promotional balance transfer APR, which gives you one year of 0% introductory APR on your transferred credit card balance. That’s not quite the longest introductory APR period we’ve seen (you’ll want U.S. Bank’s other card for that), but it still gives you plenty of time to pay off your debt before worrying about interest charges. After that, you get a competitive (though not amazing) balance transfer 13.99%–22.99% variable APR.
Even setting aside its balance transfer offer, the U.S. Bank Business Cash Rewards World Elite™ Mastercard® offers a great credit card experience. It earns cash back rewards on all your purchases, with a reward rate between 1% (on most purchases) and 3% (on gas, office supply, and cell phone expenses).
And if you spend $3,000 in your first three months, you get a sizable $500 bonus reward. Plus, you get an annual cash back bonus of up to $250. In other words, you have plenty of opportunities to get rewarded for your business purchases. Not bad for a card with no annual fee.
Put simply, the U.S. Bank Business Cash Rewards World Elite™ Mastercard® has great perks for balance transfers and everyday use alike―making it our pick for the best small-business credit card for balance transfers.