U.S. Bank Cash+^® Visa Signature^® Card Review

Who is the U.S. Bank Cash+^® Visa Signature^® Card for?

The U.S. Bank Cash+^® Visa Signature^® Card offers a flexible but highly rewarding cash back program that helps cardholders save on a variety of common purchases. Cardholders earn 5% back on two categories of their choosing, unlimited 2% cash back on one everyday category, and 1% cash back on all other eligible purchases. While this may sound confusing to you, fear not – we’ll break it down for you.

This is a good option for people looking to keep one card for their wallet, as this credit card rewards heavily on a variety of categories. In conjunction with a solid rewards program, this card doesn’t come with an annual fee, so cardholders save even more with using this card! 

Signup Bonus & Intro APR

After spending $1000 in eligible purchases during the first 120 days of account opening, cardholders receive a $200 bonus. Cardholders also enjoy 0% intro APR on purchases and balance transfers for the first 15 billing cycles. After that, a variable APR currently 19.74% - 29.74% (Variable) applies. Both of these are great features to reward active cardholders during the introductory period of this card account.

Rewards

Now, here’s what you’ve all been waiting to hear about: the great rewards program of the U.S. Bank Cash+ Visa Signature Card. The rewards program offers great flexibility for cardholders to choose what they want to get rewarded on. Cardholders earn 5% cash back on prepaid air, hotel and car reservations booked directly in U.S. Bank's Rewards Travel Center. Cardholders can also earn 5% cash back on any 2 of the following categories they choose:

• TV, Internet & Streaming Services
• Home Utilities
• Ground Transportation
• Select Clothing Stores
• Cell Phone Providers
• Electronics Stores
• Gyms/Fitness Centers
• Fast Food
• Sporting Goods Stores
• Department Stores
• Furniture Stores
• Movie Theaters

Every quarter, cardholders can choose 2 new categories but they can only earn 5% cash back on their first $2,000 in net purchases. Nonetheless, this rotating rewards feature makes it easy for cardholders to adjust the U.S. Bank Cash+ Visa Signature Card’s reward program to their shopping needs as the year progresses. For example, a person deciding to get more into fitness may choose to have Gyms/Fitness Centers be one of the rewards categories for the upcoming quarter and earn 5% cash back on any fitness expenses. 

You can also earn unlimited 2% cash back on either gas/ electric vehicle charging stations, restaurants, or grocery stores. A great benefit of this rewards tier is that there are no limits or casps that you need to worry about. Heavy shoppers can continue buying groceries, eating at restaurants, or filling up on gas while earning great rewards on their purchases.

All other eligible purchases, will earn you 1% cash back. This ensures that you get something back on all your purchases regardless of the category they fall in. When redeeming rewards points, there isn’t a minimum amount of points required to be eligible for rewards. Cardholders can redeem their cash back in the form of statement credit, a direct deposit into a bank account, or a rewards card.

Services and Protections

When traveling abroad, cardholders have access to the Visa Signature concierge service which helps travelers with accidents, legal issues and other problems. This is a convenient feature to have for any avid travelers.

Through the U.S. Bank mobile app, cardholders can also lock their card accounts with just a few taps on their phone. This makes it easy for cardholders to prevent any fraudulent activity from occurring if their credit card is lost or stolen. Cardholders also have access to 24/7 support and can get a card replacement and a cash advance in a timely fashion. 

Lastly, when purchasing a product with the U.S. Bank Cash+ Visa Signature Card, cardmembers can receive an extended warranty on eligible products. This protection ensures that cardholders can enjoy their products without fear of breaking the product after the warranty expires. 

Cautions

The U.S. Bank Cash+ Visa Signature Card does come with a foreign transaction fee, so frequent travelers will have to keep that in mind when considering to use this card. This card does not have a dedicated rewards program for traveling either, so it is best used for cardholders who don’t travel a lot.

In addition, you can only redeem your rewards for cash if you have a bank account with U.S. Bank. This means that cardholders with bank accounts at other providers may need to redeem their points for statement credit or a rewards card.

The rewards category of this card is also not the easiest to work with. Having to opt-in each quarter for the 5% cash back categories may seem a bit tedious for those looking for an easy and straightforward rewards card.

Conclusion

The U.S. Bank Cash+ Visa Signature Card is great for cardholders looking to earn rewards on virtually all their purchases. In conjunction with a decent signup bonus, and intro APR period cardholders earn great cash back rewards when using this card. As a cherry on top, this card doesn’t come with an annual fee and offers seamless integration with mobile devices through U.S. Bank’s mobile banking app. However, this card is accompanied by a 3% foreign transaction fee, so if you’re looking for a travel card you may want to look elsewhere. In short, the U.S. Bank Cash+ Visa Signature Card is a great card for carrying out its intended purpose: giving cardholders cash back every time they use it.