U.S. Bank Cash+® Visa Signature® Card full review
With 5% cash back in your favorite categories, this card is likely to appeal to you. And to make it better, it has no annual fee.
What do I need to know about the U.S. Bank Cash+® Visa Signature® Card?
U.S. Bancorp (stylized as us Bancorp) is an American bank holding company based in Minneapolis, Minnesota.
It is the parent company of the U.S. Bank National Association and is the fifth-largest banking institution in the United States.
The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions.
It has 3,106 branches and it is considered a systemically important bank by the Financial Stability Board.
The U.S. Bank National Association is the creditor and issuer of the U.S. Bank Cash+® Visa Signature® Card, pursuant to a license from Visa U.S.A. Inc.
How does the U.S. Bank Cash+® Visa Signature® Card work?
With the U.S. Bank Cash+® Visa cash back credit card, you can earn 5% cash back on your first $2,000 in eligible net purchases each quarter on the combined two categories you choose.
Examples of categories you choose: fast food, home utilities, tv, internet and streaming, department stores, cell phone providers, electronic stores, sporting goods stores, movie theaters, gyms/fitness centers, furniture stores, ground transportation, and select clothing stores.
That’s a lot of options, isn’t it? But 5% cash back on two categories of your choice isn’t all this card offers.
You will also earn 2% cash back on your choice of one everyday category (gas stations and EV charging stations, restaurants or grocery stores), and 1% cash back on all other eligible net purchases.
By the way, if you don’t choose your Cash+ categories each quarter, all your eligible net purchases will still earn 1% cash back.
And don’t worry about redeeming your accumulated cash back balance. It’s a pretty simple process.
Redeeming your cash back rewards
You can get your cash back rewards at any time online through the Rewards Center.
Log in and select your U.S. Bank Cash+ account. Then select Rewards Center. Or, call the Cardmember Services number on the back of your U.S. Bank Cash+® Visa cash back credit card.
U.S. Bank Cash+® Visa Signature® Card benefits
You’ll enjoy other great benefits with the U.S. Bank Cash+® Visa Signature® Card. Let’s take a look at them right now.
Rewards on prepaid travel
Earn 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center.
Get your cash back as a statement credit, a rewards card or directly deposited into your U.S. Bank checking or savings account. Enjoy flexible options designed to fit your needs.
Pay over time
Divide large purchases into fixed monthly payments with U.S. Bank ExtendPay™ Plan.** Pay no interest* and keep your rewards, all for a small monthly fee.
Earn more cash back.
Earn even more cash back when making purchases at over 1,100 online stores through the Rewards Center Earn Mall.
Low intro APR
Enjoy a 0% intro APR on purchases and balance transfers for the first 15 billing cycles. After that, a variable APR applies, currently 18,24% – 28,24%.
$0 annual fee
There is no annual fee on your U.S. Bank Visa Platinum® Card.
What would be one of the drawbacks of the U.S. Bank Cash+® Visa Signature® Card?
The 5% cash back is a great perk, however, the limit — $2,000 in combined purchases in chosen categories each quarter — can be a bit frustrating for the most spendthrift customers.
Another negative aspect of this card that can be mentioned is its 3 percent foreign transaction fee (2 percent if the transaction abroad is in U.S. dollars).
How to apply for the U.S. Bank Cash+® Visa Signature® Card?
When applying for the U.S. Bank Cash+® Visa Signature® Card, you will need a FICO® score of 690 to 850 to be accepted. In addition to your credit score, U.S. Bank will also look at your income and any debts you have.
Okay, time to learn how to apply for your U.S. Bank Cash+® Visa Signature® Card.
Tap the green button to go to the next step.