What is the U.S. Bank Business Platinum interest rate?

A good interest rate on a credit card is 14% and below. That is roughly the average regular interest rate on credit cards for people with excellent credit. Even a relatively good interest rate on credit cards for people with lower scores is not all that low. For example, credit card users with good or fair credit could pay interest at an annual rate of 20%+ and still have a below-average APR. Better-than-average for a credit card overall isn’t much below 20%, either. That’s why the best interest rate on a credit card is 0%.... read full answer

How to Get a Good Interest Rate on a Credit Card

There are three ways to get the best possible credit card interest rate.

For starters, lots of credit cards offer 0% APR periods as introductory perks for new customers. They can be a great help to people looking to finance a large purchase or transfer a debt to pay it off faster. But those intro periods are always temporary. Most (but not all) 0% APR credit cards require good credit or better, too.

The second way to avoid credit card interest altogether is to pay your full statement balance by the due date every billing period. Setting up automatic monthly bill payments from a bank account can be a big help with that. You can also try the “Island Approach”, which is a method of using multiple credit cards for different expenses. For example, you could use your lowest-rate card—maybe even a card with a 0% APR period—for things you’ll need to pay off over a period of time, and a rewards card for everyday purchases that you pay off every month. That way, you wouldn’t pay interest at all, no matter what rate you have on the rewards card.

Ultimately, there is also a number of things you can do to raise your credit score and, in turn, get a better shot at a good interest rate on your next credit card. Because if a low credit card APR is your objective, it truly pays to have an “excellent” credit score of 750 or higher

If you carry a balance on the card after the promotional offer, that outstanding balance would be subject to the card’s regular APR. Hope this helps.

The U.S. Bank credit card interest rate is 18.49% (V) to 29.49% (V), depending on an applicant’s creditworthiness and the card they’re applying for.

Some U.S. Bank cards may also offer new cardholders introductory 0% interest rates on purchases or balance transfers for a set number of months. After a card’s intro rate expires, the regular ... read full answerinterest rate applies to any remaining balance.

U.S. Bank Credit Card Interest Rate By Card

• U.S. Bank Secured Visa® Card: 28.49% (V)
• U.S. Bank Cash+® Visa Signature® Card: 18.99% to 28.99% (V)
• U.S. Bank Visa® Platinum Card: 18.99% to 28.99% (V)
• U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: 18.49% to 27.49% (V)
• U.S. Bank Altitude® Connect Visa Signature® Card: 20.49% to 28.49% (V)
• U.S. Bank Cash+® Visa® Secured Card: 29.49% (V)
• U.S. Bank Altitude Reserve Visa Infinite® Card: 21.49% to 28.49% (V)
• U.S. Bank Altitude® Go Visa Signature® Card: 19.49% to 28.49% (V)

The regular rates on U.S. Bank credit cards are variable, meaning they can change based on certain economic conditions. U.S. Bank credit cards also come with a separate interest rate for cash advances and a penalty rate for delinquent payments.