U.S. Bank Cash+® Visa Signature® Card full review
This card, which does not charge an annual fee, is likely to appeal to you with its 5% cash back in your favorite categories.
Get to Know the U.S. Bank Cash+® Visa Signature® Card
U.S. Bancorp (stylized as US Bancorp) is a prominent American bank holding company headquartered in Minneapolis, Minnesota. It is the parent company of the U.S. Bank National Association and ranks as the fifth-largest banking institution in the United States.
As an institution, U.S. Bank offers a wide range of financial products and services, including banking, investment, mortgage, trust, and payment services for individuals, businesses, governmental entities, and other financial institutions. With a network of 3,106 branches, U.S. Bank is considered a systemically important bank by the Financial Stability Board.
The U.S. Bank National Association serves as the issuer of the U.S. Bank Cash+® Visa Signature® Card, which operates under a license from Visa U.S.A. Inc.
How Does the U.S. Bank Cash+® Visa Signature® Card Work?
The U.S. Bank Cash+® Visa Signature® Card offers exciting cash back rewards for cardholders. You can earn 5% cash back on your first $2,000 in eligible net purchases each quarter on the combined two categories of your choice.
Here are some examples of categories to choose from:
- 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
- Select clothing stores
Additionally, the U.S. Bank Cash+® Visa Signature® Card provides 2% cash back on one everyday category of your choice, such as gas stations and EV charging stations, restaurants, or grocery stores. For all other eligible net purchases, you will earn 1% cash back. If you forget to choose your Cash+ categories each quarter, all your eligible net purchases will still earn 1% cash back.
Redeeming your accumulated cash back is a simple process. You can access your cash back rewards online through the Rewards Center. Log in to your U.S. Bank Cash+ account and select the Rewards Center. Alternatively, you can call the Cardmember Services number on the back of your U.S. Bank Cash+® Visa cash back credit card.
Enjoy Additional Benefits with the U.S. Bank Cash+® Visa Signature® Card
In addition to cash back rewards, the U.S. Bank Cash+® Visa Signature® Card offers several other benefits:
- Rewards on prepaid travel: Earn 5% cash back on prepaid air, hotel, and car reservations booked directly in the Rewards Travel Center.
- Flexible redemption: 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: The U.S. Bank Cash+® Visa Signature® Card has no annual fee.
Considerations of the U.S. Bank Cash+® Visa Signature® Card
While the 5% cash back feature is an enticing perk, it’s important to note that there is a limit of $2,000 in combined purchases in chosen categories each quarter. This limit might be frustrating for customers who tend to spend more.
Another drawback to consider is the card’s 3% foreign transaction fee (2% if the transaction abroad is in U.S. dollars).
How to Apply for the U.S. Bank Cash+® Visa Signature® Card
To apply for the U.S. Bank Cash+® Visa Signature® Card, you’ll need a FICO® score ranging from 690 to 850 for acceptance. In addition to your credit score, U.S. Bank will assess your income and any existing debts.
To start your application process for the U.S. Bank Cash+® Visa Signature® Card, simply click the green button to proceed to the next step.
