Advertiser Disclosure

U.S. Bank Cash+™ Visa Signature® Card: Freedom and Flexibility

With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best choices. We even share how we make money so you can rely on our expert advice and recommendations with clarity and confidence.
U.S. Bank Cash+™ Visa Signature® Card : Freedom and Flexibility

U.S. Bank Cash+™ Visa Signature® Card Editor's Rating: 3.8 / 5

If you love living life on your own terms, the U.S. Bank Cash+™ Visa Signature® Card may be the card for you. Instead of choosing bonus categories for you, this card lets you pick your own. To boot, it offers a high ongoing rewards rate and considerable long-term value.

5% as a starting point

The U.S. Bank Cash+™ Visa Signature® Card offers 5% cash back on bonus categories that change every quarter up to $2,000 in net purchases spent per quarter, or $8,000 a year. You can choose two 5% categories from a list that may include gym costs, cell phone bills, movie theaters, fast food and car rentals. On top of that, you’ll also get an unlimited 2% rewards on one everyday purchase category, where you may be able to choose from categories such as gas, groceries or restaurants. You’ll earn 1% on all other eligible purchases.

In September 2017, U.S. Bank added a limited-time offer for new cardholders: In the first year you have the card, the 5%, 2% and 1% rewards rates are increased to 5.5%, 2.5% and 1.5%. After the first year, the rates drop back to 5%, 2% and 1%. It has a sign-up bonus: New Cardmember bonus: $100 after you spend $500 in eligible net purchases in the first 90 days you have the card.

Best of all, the $0, which gives this card an even better long-term value.

U.S. Bank Cash+™ Visa Signature® Card vs. Chase Freedom®: 5 on 5

If you’re thinking about getting the U.S. Bank Cash+™ Visa Signature® Card, you’ve probably also considered another reigning 5% champion, the Chase Freedom®. The Chase Freedom® gives 5% back on bonus categories, but those categories are preset by Chase, and capped at $1,500 in purchases a quarter, or $6,000 a year.

The U.S. Bank Cash+™ Visa Signature® Card has higher ongoing rewards than the Chase Freedom®, but a lower bonus. The Chase Freedom®, meanwhile, comes with an easy-to-get offer: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

The Chase Freedom® delivers more value quickly, while the U.S. Bank Cash+™ Visa Signature® Card could have more staying power.

Seeking more cash-back credit card possibilities? Check out NerdWallet’s list of the best credit card offers right now.

Image via iStock.