U.S. Bank has just shared the details of a new welcome bonus for the U.S. Bank Cash+® Visa Signature® Card.
While U.S. Bank credit cards might not get nearly as much attention as other issuers, the U.S. Bank Cash+ Signature card can be a very compelling option for fans of cash-back cards thanks to its innovative combination of bonus categories.
Here’s a look at all of the details of the card so you can determine whether it’s worth adding to your wallet.
U.S. Bank Cash+ Signature Card Welcome Offer
For starters, the card now comes with a welcome offer of $200 after you apply online and spend $1,000 in eligible purchases within the first 120 days of account opening.
A $200 welcome offer is solid for a card with no annual fee, even more so when you consider that U.S. Bank gives you an extra 30 days beyond the 3-month norm to meet the minimum spend requirement.
U.S. Bank Cash+ Signature Card Earn Rates
Where the U.S. Bank Cash+ Signature card really gets interesting is its earning structure — here’s a look at the breakdown:
- 5% cash-back on your first $2,000 in combined purchases each quarter on 2 categories of your choosing, including:
- Fast food
- Home utilities
- TV, internet, and streaming services
- Department stores
- Cell phone providers
- Electronic stores
- Sporting goods stores
- Furniture stores
- Movie theaters
- Ground transportation
- Gyms/fitness centers
- Select clothing stores
- 5% cash-back on prepaid air, hotel, and car reservations booked directly in the Rewards Center
- 2% cash-back on 1 everyday category, like gas stations and EV charging stations, grocery stores, or restaurants
- 1% cash-back on all other purchases
This allows you to earn up to $100 in cash-back from 1 of 12 categories of your choosing each quarter, and you can change it from quarter to quarter if you’d like.
When you combine that flexibility with the ability to earn 5% back on travel purchases made through U.S. Bank, and 2% back on an everyday category like gas or groceries, it’s easy to see how this card can score you some serious savings throughout the year.
U.S. Bank Cash+ Signature Card Benefits
It isn’t very common for cards with no annual fees to offer many benefits, but the U.S. Bank Cash+ Signature card does have a few that are worth mentioning.
Next, the card offers Real Time Rewards — a redemption method that enables you to instantly turn your purchases into rewards. Once enrolled, simply make a purchase with your card, and you will receive a text with the option to redeem cash rewards toward that purchase. For the most forgetful among us, this allows you to easily redeem your rewards as you make new purchases, without needing to go out of your way to do so.
Hot Tip: If you prefer cash-back to travel rewards, read our guide to the best cash-back cards on market.
If travel rewards aren’t your thing, and you prefer to earn cash-back rewards, the U.S. Bank Cash+ Signature card is an option worth considering thanks to the flexibility it gives you to choose the bonus categories you spend the most in.
The information regarding the U.S. Bank Cash+® Visa Signature® Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
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Lisa F. Young via Shutterstock