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Coming Soon: U.S. Bank Shopper Cash Rewards (6% at Various Retailers!)

5,346 8,090 October 12, 2022 at 05:28 PM in Finance (2)
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Deal Details

Last Edited by dimjim | Staff October 12, 2022 at 06:33 PM
+73 Deal Score
23,265 Views
US Bank will soon be launching their Shopper Cash Rewards card.

Highlights:
  • 6% cash back on combined eligible purchases each quarter with two retailers you choose ($1,500 limit)
  • 3% cash back on eligible purchases each quarter in your choice of one everyday category, like wholesale clubs, gas and EV charging stations, or bills and home utilities ($1,500 limit)
  • 1.5% cash back on all other eligible purchases
6% cash back retailers
  • Ace Hardware®
  • Amazon.com™
  • Anthropologie™
  • Apple®
  • Bed, Bath, & Beyond®
  • Best Buy®
  • Chewy.com®
  • Crate & Barrel™
  • Disney®
  • Home Depot®
  • Ikea®
  • Kohl's®
  • Lowe's®
  • Lululemon™
  • Macy's™
  • Menards®
  • Nordstrom™
  • Pottery Barn®
  • QVC®
  • Restoration Hardware™
  • Target®
  • Walmart®
  • Wayfair.com
  • Williams Sonoma®
https://www.usbank.com/credit-car...-card.html

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Joined Dec 2010
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Seven87
10-12-2022 at 06:29 PM.
10-12-2022 at 06:29 PM.
Looks very enticing to say the least.
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Joined Sep 2008
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MrRobotoNXT
10-12-2022 at 06:30 PM.

Our community has rated this post as helpful. If you agree, why not thank MrRobotoNXT

10-12-2022 at 06:30 PM.
No date of release is listed Only a sign up list.

Also note - the 6% cash back and 3% cash back is limited to the first $1500 spent in each category during the quarter (3 month period).

also number two, if you do not sign up for two retailers and one category each quarter, you will only earn 1.5% on all spending.
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Joined Jan 2010
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maverickSD
10-12-2022 at 06:34 PM.
10-12-2022 at 06:34 PM.
Will they let people switch from the Cash Plus card (5% in categories) to this?
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Joined Apr 2017
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iSDeals
10-12-2022 at 06:35 PM.
10-12-2022 at 06:35 PM.
How does the 6% and 3% work? I wanna chose Walmart as retailer and Sams

Both can be categorized as grocery 🤔
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Joined Sep 2011
Price Compare, Always
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bluekiwi
10-12-2022 at 06:37 PM.
10-12-2022 at 06:37 PM.
6% cb for Amazon means any Amazon cardholders will switch to this. 1% more isn't much but it still adds up, though 1500 limit is too low
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Joined Nov 2015
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dshoppr
10-12-2022 at 06:40 PM.
10-12-2022 at 06:40 PM.
Quote from pittpatriot :
Can I choose my categories at the end of each quarter or at the start?

End of each quarter if this card is like cashback plus card
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Joined Jun 2016
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np1050
10-12-2022 at 06:41 PM.
10-12-2022 at 06:41 PM.
Quote from GDBF :
Guessing there will be an annual fee making this not as attractive.

No fee, but the spending limits are so low. 1500 per quarter across two retailers is really not that much. Interesting card for sure but somehow needs to be more compelling
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Joined Apr 2005
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bjgfromthe703
10-12-2022 at 06:43 PM.
10-12-2022 at 06:43 PM.
Target RedCard + Amazon card have enough cardholder exclusive discounts to make me not give them up for this card, but Capital One better up its game (especially given just 3% back in-store) if it doesn't want another bank to make its Walmart store card obsolete.
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Joined Sep 2011
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santy83
10-12-2022 at 06:47 PM.
10-12-2022 at 06:47 PM.
Quote from bjgfromthe703 :
Target RedCard + Amazon card have enough cardholder exclusive discounts to make me not give them up for this card, but Capital One better up its game (especially given just 3% back in-store) if it doesn't want another bank to make its Walmart store card obsolete.
Capital one should have started with 5% cash back at Walmart. With other banks jumping on Walmart like this one , will not be surprised if it is discontinued.
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Joined Dec 2018
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HonestMammoth473
10-12-2022 at 06:47 PM.
10-12-2022 at 06:47 PM.
I'm on board with this as an additional card, but I'm hoping they don't end up converting existing Cash+ cards. If I had to choose I'd much rather have the 5% categories than 6% at specific retailers. This is is especially important for my boom sticks and accessories, which I buy from various sporting goods stores.
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Last edited by HonestMammoth473 October 12, 2022 at 06:50 PM.
Joined Jul 2017
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slicksdeal
10-12-2022 at 06:50 PM.
10-12-2022 at 06:50 PM.
Quote from iSDeals :
How does the 6% and 3% work? I wanna chose Walmart as retailer and Sams

Both can be categorized as grocery 🤔

Typically neither of those are coded as grocery because Walmart is a superstore and Sam's is a wholesale store. You'd have to select Walmart as one of the 6% retailers and wholesale clubs as the 3%.
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Joined Nov 2005
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charger
10-12-2022 at 06:53 PM.
10-12-2022 at 06:53 PM.
I hope there is a cash bonus, this card is going to be amazing.
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Joined Mar 2019
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Phil17
10-12-2022 at 06:55 PM.
10-12-2022 at 06:55 PM.
Quote from slkmaster2000 :
No fee, but the spending limits are so low. 1500 per quarter across two retailers is really not that much. Interesting card for sure but somehow needs to be more compelling

This is true, but for me I use the Wells Fargo cash credit card 2% everything so it would take $4500 spending to get the same rewards ($90) so spend 1500 on this car than the rest on the others
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Joined Apr 2017
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iSDeals
10-12-2022 at 06:55 PM.
10-12-2022 at 06:55 PM.
Quote from slicksdeal :
Typically neither of those are coded as grocery because Walmart is a superstore and Sam's is a wholesale store. You'd have to select Walmart as one of the 6% retailers and wholesale clubs as the 3%.

Actually this in Terms answered my question


Transactions qualify for 6% or 3% Cash Rewards based on how merchants classify the transaction. Merchants that accept Visa credit cards are assigned a merchant code, determined by the merchant or its processor.
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Joined Oct 2014
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turboc20
10-12-2022 at 07:03 PM.
10-12-2022 at 07:03 PM.
Quote from Defensivetackle99 :
Interesting. Not a bad deal at all. Not bad at all.

1.5% cash back stinks so I'm considering this.
1.5% itself isn't attractive. There are 2% cards.
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