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The U.S. Bank Cash+™ Visa Signature® Card already offers a high maximum rewards rate and allows you to pick your own bonus categories. But a new limited-time offer is further sweetening the deal: New cardholders can earn an extra 0.5% in cash back on all eligible net purchases made within the first year.
- Earn 5.5% cash back for the first year on your first $2,000 in combined eligible purchases each quarter in two categories you choose. After the first year, you’ll earn 5% on such spending.
- Earn an uncapped 2.5% cash back for the first year on your choice of one everyday category, such as gas stations or grocery stores. After the first year, you’ll earn unlimited 2% on such spending.
- Earn 1.5% cash back for the first year on all other eligible net purchases. After the first year, that drops to 1%.
Those rates amount to a half-point boost in each tier of the card’s normal 5%/2%/1% rewards structure.
The distinguishing feature of the U.S. Bank Cash+™ Visa Signature® Card is its customizable rewards: You can choose which categories earn bonus cash back. For instance, in the third quarter of 2017, you can choose two 5.5% categories from a list of a dozen options, including department stores, fast food restaurants, bookstores, gyms and more. Options for the 2.5% everyday category are gas stations, restaurants and grocery stores.
There’s no limit to the total cash back you can earn, and the $0. New cardholders also will be eligible for the New Cardmember bonus: $150 after you spend $500 in eligible net purchases in the first 90 days of account opening..
Depending on how you spend money, the U.S. Bank Cash+™ Visa Signature® Card may compare favorably with other rotating-category bonus cards, like the Chase Freedom® or the Discover it® - Cashback Match™, which don’t give you a choice of categories and don’t have a 2% tier. If you’re in the market for a cash-back credit card and don’t mind keeping track of bonus categories, it’s worth a look.