Earn up to $900 bonus — with a Winter Olympics warning

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The Winter Olympics begin on February 4, 2022. And while stiff competition and heated patriotism are exciting enough, you could have another reason to support Team USA when you open the US Bank Business Leverage® Visa Signature® Card.

For a limited time, the card’s welcome bonus will increase depending on the number of medals Team USA wins. If they score a minimum of 36 medals, you can earn up to $900 by opening this card and meeting the minimum spending requirement.

Here’s what you need to know about this deal.

Read more: The best small business credit cards of January 2022

US Bank Business Leverage welcome bonus depends on the outcome of the Winter Olympics

Annual contribution

Intro annual fee of $0 for 12 months, then $95

Regular APR

15.99% – 20.99% Variable

Recommended reward

75,000 bonus points after spending at least $7,500 on card purchases in 120 days from account opening (offer ends February 20, 2022)

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  • Pros and cons

  • Details


  • Pros
    • Big sign up bonus
    • Simple structure for earning/redeeming points
    • 5% back on prepaid hotels and rental cars booked through Travel Rewards Center
    cons
    • Relatively few ongoing benefits
    • Modest return rates
    • annual fee of $95
    • Information regarding the US Bank Business Leverage® Visa Signature® Card is collected by Business Insider and is not verified by the issuer.
    • Earn 75,000 bonus points (worth $750) after spending at least $7,500 on card purchases in 120 days from account opening. Offer ends on February 20, 2022.
    • $0 annual introductory fee, then $95
    • 2% cash back in the two main categories where you automatically spend the most each month
    • 1% cashback on all other eligible purchases
    • No limits on rewards

    The US Bank Business Leverage Card is a small business credit card that offers the following key benefits:

    • 2 points per dollar in the two highest categories you spend the most, such as restaurants, stationery stores, gas stations, wholesale suppliers, entertainment and dozens more (and 1 point per dollar for everything else). The map automatically detects your top categories every month.
    • 5% back on prepaid hotels and rental cars booked through the US bank’s Travel Rewards Center
    • No foreign transaction costs
    • Free employee cards with the ability to manage the spending of each card
    • Visa Signature benefits including extended warranty protection, rental car insurance, etc.

    It charges an annual introductory fee of $0 for 12 months, then $95 after that.

    This card also currently offers a fantastic sign-up bonus: 75,000 bonus points after spending at least $7,500 on purchases on the card in 120 days from account opening (offer ends February 20, 2022). That’s the equivalent of a 10x points bonus for your spending (plus the regular rewards you receive for regular spending).

    And for a limited time, this bonus offers up to 15,000 additional points, based on Team USA’s performance at the Winter Olympics. It doesn’t matter where Team USA places, as long as they get a medal. This is what you get:

    • 0-35 medals — 7,500 bonus points
    • 36+ Medals – 15,000 Bonus Points

    In other words, if Team USA earns 36 medals, you will receive a total of 90,000 points from this card’s bonus, assuming you meet the minimum spending requirement. You can exchange points you earn with this card for 1 cent each, making this 90,000 point bonus worth $900.

    Read more: The 2022 Winter Olympics kick off on February 2 – here’s how to live stream each event

    The Winter Olympics will run from February 4 to February 20, 2022. And because this bonus is available through February 20, 2022, if you’re sure how many medals Team USA will win, you can wait to sign up. That way you know if you get a total bonus of $825 or $900.

    What it comes down to:

    We have never seen a higher bonus for the US Bank Business Leverage card than this current offering. If you value what is essentially cash, this card may make sense for your situation.

    Keep in mind that you earn 2 points per dollar with just two categories per month. There are a handful of credit cards with no annual fees that give 2% back for all of them purchases. For example, the Citi® Double Cash Card earns 1% when you make a purchase and 1% when you pay off that purchase – basically 2% back anywhere.

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    Recommended reward

    60,000 points

    Credit needed

    Good to Excellent

    Recommended reward

    3 free nights (each worth up to 50,000 points) after qualifying purchases and 10x total points on eligible purchases in certain categories

    Credit needed

    Good to Excellent

    Recommended reward

    1.5% cash back in addition to regular earnings on anything you buy up to $20,000 spent in the first year (worth up to $300 cash back)

    Credit needed

    Good to Excellent

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