US Bank Cash Plus Card
U.S. Bank is offering $200 sign up bonus for U.S. Bank Cash+ Visa Signature Card. To be eligible, you have to spend $1,000 on eligible purchases within the first 120 days of account opening.
U.S. Bank Cash+ Card offers the following cash back:
- 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose.
- 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center. 1% unlimited cash back on all other purchases
- 2% cash back on one everyday category, like Gas Stations and EV Charging Stations, Grocery Stores or Restaurants
- 1% cash back on all other eligible purchases
US Bank Cash Plus Card Bonus Summary
Bonus – $200
Required Spend – $1,000 within the first 120 days of account opening
Additional Offer – 0% intro APR for 15 months from account opening on purchases and balance transfers
Offer Expiry – No Information
Annual Fee – $0 (None)
Earnings and Redemptions
5% eligible categories: Fast food, TV, internet and streaming service, cell phone providers, home utilities, department stores, electronic stores, sporting goods stores, furniture stores, movie theaters, gyms/fitness centers, ground transportation, select clothing stores.
2% eligible categories: Grocery stores, gas stations and EV Charging Station, Restaurants
Activation: Card member must enroll each quarter into categories of their choice, or all net purchases will earn no more than 1% cash back. You will earn 5% cash back on your first $2,000 in combined net purchases (purchases minus returns or credits) in your two chosen 5% categories and 2% cash back in your chosen 2% category. Purchases over $2,000 in the 5% categories will earn 1% cash back. There are no limits on your 2% or 1% cash back earnings.
Redemption: Cash back is redeemed in the form of a statement credit or a deposit made to your U.S. Bank Savings, Checking or Money Market Account based on your designation, or as a U.S. Bank Rewards Card. For U.S. Bank Rewards Card, there is $25 minimum on redemption. Cash rewards will expire at the end of the calendar month 36 months after the billing cycle in which they were earned.
- No Information
The Fine Print
One-time $200 bonus will be awarded for redemption when you are approved for a new U.S. Bank Cash+® Visa Signature® Card and after eligible net purchases totaling $1,000 or more are made to your account within 120 days from account opening. Net purchases are purchases minus credits and returns. Cash back is not earned for Advances (including wire transfers, travelers’ checks, money orders, foreign cash transactions. betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers and Fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items. Please allow 6-8 weeks after you have met the spend requirement for your bonus to be credited to your rewards balance. Existing and previous Cash Rewards accounts do not qualify for this one-time bonus. One-time bonus cash does not apply toward account upgrades. This offer may not be combined with any other bonus offer. Offer is subject to credit approval.
Overall, a solid custom cash back credit card but you need to put in an effort to optimize the cash back. Also, there is room for better offerings in their 5% cash back categories.