US Bank Credit card Choose your own two 5% cash back categories (even for airticket)

http://www.usbank.com/credit-card...=cashapply

"2. Card member must enroll each quarter into categories of their choice, or all net purchases will earn no more than 1% cash back. Categories subject to change quarterly. U.S. Bank cannot control how merchants choose to classify their business (Purchase categories) and reserves the right to determine which Purchases qualify. Full details will be provided upon approval of an account."

Like to know what stores are under "electronics". Newegg? Amazon?

Not really tempting since there is no sign-up bonus points or cash. Last one I signed up for was Capital One which gave $100 back.

Quote from aammiitt : So if I pay my other (American Express) card using "bill pay", is that 5%?

No. You can find more info in details next to each category. Bill paying is to pay utilities bill (phone/cellphone bills, internet services, electric....) or insurance (car, home..), just name a few.

After digging around there is a $50 bonus if you spend $500 in 3 months through Facebook:

https://www.facebook.com/usbankca...5102528120

The 25% bonus for redeeming in $100 increments makes it 1.25% cashback vs 1.50% cashback on my Capital One. If they keep certain categories available each quarter like bill pay and electronics I could see myself using this.

Quote from grueber : http://www.usbank.com/credit-card...=cashapply "2. Card member must enroll each quarter into categories of their choice, or all net purchases will earn no more than 1% cash back. Categories subject to change quarterly. U.S. Bank cannot control how merchants choose to classify their business (Purchase categories) and reserves the right to determine which Purchases qualify. Full details will be provided upon approval of an account." Like to know what stores are under "electronics". Newegg? Amazon? Not really tempting since there is no sign-up bonus points or cash. Last one I signed up for was Capital One which gave $100 back.

Just a heads up, in the OP it mentions by signing up through Facebook there is a $50 cashback bonus. The link is in the OP as well.

Went ahead and applied. If they keep bill pay and electronics as 5% categories it will be worth it. TU.

Liquor stores aren't a category and hookers don't take credit cards.

Quote from ape : Liquor stores aren't a category and hookers don't take credit cards.

But hookers sure can steal credit cards..... Learned this the hard way.

Quote from mooingmooseman : another stupid question-- I have historically never used a "categories" card, because I hate trying to remember which card has what categories as well as trying to figure out what category each location is. i.e. I eat lunch at a deli, is it a fast food, restaurant, or grocery store? How do I even know AFTER I've made the charge, the transactions never even have the labels...

If you don't really want to play the category game then your best bet is to get a 3/2/1/ card.
Costco Amex True earning or Bank of America is top choice imo.

Now to answer your question, depends where the deli is located.

1) if the deli is a standalone restaurant. It is categories as restaurant. I never dealt with US bank so they have fast food & restaurant as 2 separate category is pretty stupid. Chase Freedom/Discover more just categorize fast food as restaurant.

2)if your deli is located inside a big grocery store & is associated with the grocery store, then most likely the deli charge will be categorized as "grocery or supermarket" depending on your location.

IE: I have a panda express located inside my Vons/Pavilion store, my Discover card categorized as supermarket since they are of the Vons.

Hope that helps

Emailed about converting my current card which I never use. Thanks OP!

This would be awesome if amazon payments counts as bill pay.

Does anyone know if this credit card doubles the manufacturer's warranty, like many other cards?

Quote from BigDish : Does anyone know if this credit card doubles the manufacturer's warranty, like many other cards?

It's a Visa Signature. I believe it's a requirement for that card tier.

So, the issue is that these categories will not always be available, is that right? If I could always have home improvement selected then this would be slick.

I spend about $2k a month at home depot and only get 2% back with my citibank card.

Quote from Toad_Killa : You can't really choose WHAT YOU WANT. They have Categorized the categories. E.g. There are 3 categories that fall under 2%. You are restricted to use only those 3 to use 2%. Similarly for 5% one. Groceries are in 2% bucket. You can't choose grocery stores as 5%. No Thankyou. Chase Freedom FTW. Edit: Its pretty good for frequent Flyers. 5% on airlines and hotels.

Good info. Thanks. I'll stick with Chase and Discover for now then too.