Above all, the U. S. Bank Cash+® Visa Signature® Card comes with variable rewards for the different categories of cardholders making it one of the best for those who want to make big earnings. Being one of the credit cards with no annual fee, this card’s main selling point is the ability to select bonus categories, making sure that the benefits would be useful.
Dynamic Bonus Categories
This U. S. Bank Cash+ Visa Signature Card comes with the flexibility to receive a 5% cash back on two categories of your choosing that have a combined spending of up to $2000 in the period within a quarter. However, once the company’s specified amount is reached, cardholders only get a 1% rebate on those purchases. Also, spending on the card will allow the cardholders to earn cashback of up to 5% on prepaid air, hotel, and car rentals which are booked with the help of the U. S. Bank Rewards Centre. There is also a flat cashback of 2% on one category that the customer chooses each day of their spending, and cashback of 1% for the rest of the purchases made.
The current categories eligible for 5% cash back include:
- Television, computer, and multimedia.
- Home utilities
- Cellphone providers
- Electronic stores
- Gyms and fitness centers
- Select transit options
- Some of the stores that can be selected for selling clothes and furniture retailed
- Restaurants, cinema halls movie theaters, and sports goods stores.
For the 2% cash back category, cardholders can choose from:
- Supermarkets, supermarkets online
- Restaurants
- Currently exploitable subsectors comprise the existing Gas stations and EV charging stations.
Welcome Offer
New card holders get $200 bonus after charges total $1,000 on their first 120 days on being issued the card. This offer is quite easy to earn, given the fact that a customer has to make at least a $250 average monthly expenditure in the first four months.
Introductory APR Offer
U.S. Bank Cash+ Visa Signature Card provides a zero percent interest rate on balance transfers in the first 180 days of opening the account or 15 billing cycles and new purchases. This feature is great for those intending to borrow for a particular purchase or even clear big interest rates from other cards. After the introductory period, the variable APR is between 19% and the amount is calculated according to a credit limit of $ 1000. 74% to 29. 74%.
U. S. Bank ExtendPay® Plan
Some cardholders may at times use the ExtendPay Plan where cardholders can make purchases and then make fixed monthly payments on the purchase without having to pay any interest. This is different from the introductory APR that comes with this plan and a component of the credit line has to be set aside for the plan. Free extended pay plans can be opened using the U. S. Bank Cash+ Visa Signature Card within the first 60 days of opening an account with the company.
Visa Signature Benefits
As a Visa Signature card, the U. S. Bank Cash+ offers a range of perks that enhance the overall cardholder experience:
- Roadside Dispatch: Offers emergency services that cost a fixed fee per incident, calling services, towing, flat tire assistance, dead battery, locked out of car, and run out of gas assistance.
- Travel and Emergency Assistance Services: Provides emergency transportation help, delivery of prescription and important documents, legal aid, translation, and lost luggage services for cardholders whenever they are traveling.
- Norton LifeLock Solutions Discounts: Even the cardholders, give out ‘warnings’ on how often the holder’s identity and data is traded on the black market.
- Auto Rental Collision Damage Waiver: Evaluates and offers insurance for the rental car when the card is used to pay for the car rental, thus sparing the client the trouble of having to purchase the insurance from the car rental company.
- Emergency Card Replacement: Secures the cardholders to get their lost card replaced within one to three business days round the clock.
- Zero-Fraud Liability: Prevents the holder from incurring any sort of expense if the credit card has been lost, or stolen.
Capitalizing On Your U. S. Bank Cash+ Visa Signature Card
To get the most out of the U. S. Bank Cash+ Visa Signature Card, follow these tips:
- Know Your Visa Signature Benefits: Miss out the emergency services and get to know other benefits of being a Visa Signature member. It is always advisable to jot down these benefits on your phone on the occasion that the worst comes to the worst.
- Utilize Bonus Rewards Categories: It’s wise to focus on the changing bonus categories every quarter and choose those that match the spending you plan to make. Especially, to get 5% cash back, it is better to reach each quarter limit of $2000.
- Transfer Balances Promptly: While reporting, it is important that if you desire on balance transfer after receiving the card at the introductory interest rate, which is zero percent, you should operate within the first 60 days to be in a position to enjoy this offer.
The Bottom Line
The U.S.Bank Cash+ Visa Signature Card is a flexible and lucrative type of credit card that will be good for individuals who prefer rather free-formulate type of bonuses and value a good initial APR rate. Although the card’s additional bonuses are not very broad, the bonus categories and Visa Signature benefits are sufficient for daily utilization.
However, it is recommended to evaluate this card against other rewards credit cards that offer customization with other consumers’ budgets and spending plans.