The U. S. Bank Cash+™ Visa Signature® Card is one of the American best cash rewards credit cards for those who want to get the most out of their daily spending. This makes it a very flexible credit card, which allows cardholders to determine the categories that are most suitable for the amounts of money that they spend.

Here is the list of points to be covered in this review: The description of the major benefits of the U. S. Bank Cash+™ Visa Signature® Card detailed information regarding annual fee procedure of the credit limit determination the advantages and disadvantages of the given credit card step by step application process of the credit card.

Key information about the credit card

How does the annual fee work?

An obvious advantage of getting the U. S. Bank Cash+™ Visa Signature® Card is that it comes with a $0 annual fee. This means that the cardholders will be in a position to enjoy all the benefits and being rewarded without definitely paying an annual fee. There is no annual fee a great benefit as the cardholders will be looking to make maximum cashback with no additional charges.

How is the credit limit determined?

Based on the following credit factors, the credit limit offered to users in the U. S. Bank Cash+™ Visa Signature® Card is arrived at: You acquire the card by filling the application form with your credit history and current financial status; this will determine the credit limit that you will be granted by the U. S. Bank.

Advantages of the credit card

• 5% cash back on two categories: They are able to get 5% cash back for the initial $2,000 of combined spending on their first two chosen categories every quarter.
• $250 sign-up bonus: Get a $250 statement credit when you make $1,000 with your new card, from the date you open it within the first 90 days.
• Flexible redemption options: Free cash can be as statement credit, rewards card, or a loaded to personal checking/savings U. S. Bank account.
• Prepaid travel benefits: Get 5% cash back for prepaid travel such as air, hotel and car when you book through the use of the Rewards Center.
• Online shopping rewards: Enjoy the opportunity to get 5% total cash back on the shopping made through the Rewards Centre Shopping Deals or using the browser plugin.

Standout advantage

Another reason why the U. S. Bank Cash+™ Visa Signature® Card is considered the best is the ability to select cashback rewards category. Unlike most cash back cards that have set their categories, this credit card lets you choose two categories every quarter to get 5% cash back and one category to get 2% cash back.

Disadvantages

• Quarterly activation required: However, cardholders must note that to be able to get those higher cashback rates which can go up to 10%, they are required to activate the selected categories every quarter.
• Caps on 5% cashback: The 5% cash back is capped at $2,000 for combined purchases of purchases for the 3 select categories in that quarter.
• Foreign transaction fee: The major disadvantage can be the 3 percent fee for foreign transactions.

A standout disadvantage

There is one major drawback when it comes to using the U. S. Bank Cash+™ Visa Signature® Card and this is the quarterly activation that is necessary to be able to enjoy the highest cashback rates. Cardholders should recall that in order to earn the benefits of the chosen category, it is necessary to activate it every three months; otherwise, you will receive only 1% cashback.

Who can apply for this card?

The following is the criteria that one is required to meet in order to apply for U. S. Bank Cash+™ Visa Signature® Card: It also states that one has to be 18 years of age and above and also possess a social security number. Moreover, other less stringent requirements which include, car Hence, a good to excellent credit score is expected, which translates to about 670 and above.

How to apply for the U. S. Bank Cash+™ Visa Signature® Card

For the website

To apply, you need to go to the U. S. Bank website home page and then select the U. S. Bank Cash+™ Visa Signature® Card. On the website, there is the “Apply Now” button – click it to start the application. It will ask you your name, address, social security number and various other things about your income. U. S.

Bank will also query you about your housing status, and the monthly amount you spend on housing. After completing all the fields, required for application, check the entered information and send the application. U. S. Bank will take its time and get back to you on whether you’re approved or not and this usually takes not more than 15 minutes. If it is approved, then it will take 7-10 business days for prompt delivery of the exclusively designed card.

Through the app

First, one has to install the U. S. Bank app in your phone either from App Store for iPhone or from Google Play for android phones. Launch the application and enter your details into the created U S bank account if you have one or create a new one. Go to credit cards options and just choose the U. S. Bank Cash+™ Visa Signature® Card.

Click on the ‘’Apply Now’’ button and follow the instructions through to apply for the position. In the phone conversation, you will need to share all information similar to the one submitted in the online application form. If approved, the new card will be mailed to your address, either the current credit card account address or another address if you request it.

At the branch

Go to the nearest branch and approach the officials as a way of expressing your desire to open an account with the card. The representative is supposed to explain to you the process, how, where and when to apply, how to complete the documents and what questions to answer if any.

You are required to produce identity such as driver’s license, Social Security card, and proof of income. Your application will be submitted by the above mentioned representative and decision in regard with the same shall be passed within few minutes. Once approved, the green laser will beam at you and in a week your card will arrive in the mail.