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Digital platform brings together robust credit card controls, integrated accounting and intuitive receipt capture

MINNEAPOLIS, April 14, 2025--(BUSINESS WIRE)--U.S. Bank today announced a new Spend Management platform to help businesses monitor, track, and control their card-based spending. A leader in business banking and payments, U.S. Bank is introducing the all-in-one spend management platform across its full portfolio of business banking credit cards to give business owners an alternative to using multiple tools.

Spend Management helps business owners drive down costs, reduce manual work, and save time through the use of robust card controls, integrated accounting, intuitive receipt capture, and more – all within a single, easy-to-use dashboard.

"This innovative spend management solution is built directly into our existing credit card experience to give our cardholders an effortless way to manage their business expenses without additional applications or setup," said Courtney Kelso, head of U.S. Bank Payments: Consumer and Small Business. "It’s an additive capability on our credit cards that provides our cardholders with the convenience of monitoring, controlling and tracking business spending – while continuing to enjoy the great rewards and benefits already associated with their business credit cards. With Spend Management, those same cards are an even more enriching tool for operating a business."

U.S. Bank Spend Management gives owners more control over their employees’ card spending, empowering them to easily manage card permissions and integrate their expense policies before employee spending happens. With the platform, business owners can:

• Monitor spending and set spending controls for card use. For example, a business could limit employees to purchase only fuel at a gas station.

• Turn employees’ credit cards on and off with one click.

• Assign cards to specific employees, job sites, or departments.

• Control and adjust spend limit requests for cards on the fly.

• Upload receipts to match transactions automatically.

• See a 360 view of all of their business spending, with real-time analytics and custom reports.

• Organize and export all spending to their accounting platform of choice.

• Improve their cash flow while simultaneously earning high value rewards from their U.S. Bank credit card.

"U.S. Bank Spend Management is a game changer for managing business expenses," said Shruti Patel, chief product officer for business banking at U.S. Bank. "Within a single user-friendly interface, business owners can take control of their card spend and access continuous tracking with real-time visibility into spending habits and patterns, enabling them to monitor their cash flow and adjust their budgets accordingly. Spend Management helps business owners work smarter, not harder, with many time-saving functions, leaving them with more time to focus on their business. This capability is the perfect enhancement to our exceptional family of business credit cards."