U.S. Bank Cash+® Visa Signature® Card full review
This card, offering no annual fee, is likely to be appealing to you with its 5% cash back in your favorite categories.
Discover 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.
As the parent company of U.S. Bank National Association, it ranks as the fifth-largest banking institution in the United States.
U.S. Bancorp offers a comprehensive range of financial services, including banking, investment, mortgage, trust, and payment solutions, catering to individuals, businesses, governmental entities, and other financial institutions.
With over 3,106 branches, it holds the distinction of being recognized as a systemically important bank by the Financial Stability Board.
The U.S. Bank National Association serves as both the creditor and issuer of the U.S. Bank Cash+® Visa Signature® Card, operating under a license from Visa U.S.A. Inc.
How Does the U.S. Bank Cash+® Visa Signature® Card Benefit You?
The U.S. Bank Cash+® Visa Signature® Card offers 5% cash back on your first $2,000 in qualifying net purchases per quarter, distributed across two categories of your choice.
Here are some examples of the diverse selection of categories you can 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, and select clothing stores.
The benefits don’t stop there. You also earn 2% cash back on your preferred everyday category, which can be gas stations and EV charging stations, restaurants, or grocery stores. Additionally, you receive 1% cash back on all other qualifying net purchases.
Worried about missing out on selecting your Cash+ categories? No problem. Even if you don’t choose, your eligible net purchases will still earn 1% cash back.
When it comes to redeeming your accumulated cash back balance, the process is straightforward and hassle-free.
How to Redeem Your Cash Back Rewards
Your cash back rewards can be redeemed at any time through the online Rewards Center.
Simply log in to your U.S. Bank Cash+ account, navigate to the Rewards Center, and choose your desired redemption option. Alternatively, you can call the Cardmember Services number on the back of your U.S. Bank Cash+® Visa cash back credit card.
Additional Benefits of the U.S. Bank Cash+® Visa Signature® Card
Aside from the cash back rewards program, the U.S. Bank Cash+® Visa Signature® Card comes with a host of other advantages. Let’s explore them in detail:
5% Cash Back on Prepaid Travel
Earn 5% cash back on prepaid airfare, hotel stays, and car reservations made directly through the Rewards Travel Center.
Flexible Redemption Options
Enjoy the flexibility of redeeming your cash back as a statement credit, rewards card, or direct deposit to your U.S. Bank checking or savings account. Choose the option that best suits your needs.
Pay over Time
With U.S. Bank ExtendPay™ Plan, you can divide significant purchases into fixed monthly payments. Enjoy the convenience of paying over time without any interest* while retaining your rewards. A small monthly fee applies.
Earn More Cash Back
Maximize your cash back potential by making purchases at over 1,100 online stores through the Rewards Center Earn Mall. This way, you can earn even more cash back with every transaction.
Low Intro APR
Take advantage of a 0% introductory APR on both purchases and balance transfers for the first 15 billing cycles. After that, a variable APR applies, currently ranging from 18.24% to 28.24%.
$0 Annual Fee
Rest easy knowing that there is no annual fee associated with your U.S. Bank Visa Platinum® Card.
Possible Drawbacks of the U.S. Bank Cash+® Visa Signature® Card
While the 5% cash back is undoubtedly a fantastic perk, it’s worth noting that there’s a limit of $2,000 in combined purchases within chosen categories per quarter, which may be restrictive for some avid spenders.
Another aspect that potential cardholders should be aware of is the 3% foreign transaction fee (or 2% for transactions in U.S. dollars) that applies for international usage.
How to Apply for the U.S. Bank Cash+® Visa Signature® Card
When applying for the U.S. Bank Cash+® Visa Signature® Card, you’ll need to have a FICO® score ranging from 690 to 850 to increase your chances of approval. In addition to your credit score, U.S. Bank will also evaluate your income and any outstanding debts.
Ready to start the application process for your U.S. Bank Cash+® Visa Signature® Card? Simply click the green button below to move on to the next step.
