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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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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 Mar 2012
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rajo22
10-12-2022 at 09:53 PM.
10-12-2022 at 09:53 PM.
So you got $360/yr from the 6% categories max a like 1.5 after that?

Might be better to go with a airline or "fancier" card tho to monetize credit rewards eg Aadvantage will give you in the $500-1000 range depending on point redemption, and you can churn 5 of these cards over 24mo = say 750 * 5 = $3750 rewards.
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Joined Nov 2016
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songfeathers
10-12-2022 at 10:14 PM.
10-12-2022 at 10:14 PM.
Quote from liunit92 :
whoa i just learned about the cash+ card. is there any way to find out exactly what each category covers? there's not much info on the official website (https://www.usbank.com/credit-car...-card.html).

i want to see exactly what they mean by ground transportation and home utilities. i'm hoping ground transportation covers tolls and trains

i might get rid of my citi custom if the cash+ can do another category

Google "cash + merchants" it'll be the first link and it'll give you lists of example merchants in categories
(https://cashplus.usbank.com/merchants)

It's a good card, it can be a background kind of card where it just handles ur utilities, etc, or you can change things around if you know you want to buy furniture soon or buy Black Friday deals. It's got lots of good categories.
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Joined May 2013
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liunit92
10-12-2022 at 10:35 PM.
10-12-2022 at 10:35 PM.
Quote from songfeathers :
Google "cash + merchants" it'll be the first link and it'll give you lists of example merchants in categories
(https://cashplus.usbank.com/merchants)

It's a good card, it can be a background kind of card where it just handles ur utilities, etc, or you can change things around if you know you want to buy furniture soon or buy Black Friday deals. It's got lots of good categories.
thanks for the link! i am disappointed ground transport doesn't include tolls but i will use the internet and utilities categories. any clue if the US bank has a rule like chase with their 5/24 rule?
1
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Joined Oct 2018
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Wavy-Nife
10-12-2022 at 11:05 PM.
10-12-2022 at 11:05 PM.
Quote from ymarker :
Wish grocery was a category

Walmart and Target have groceries derp
3
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Joined Oct 2018
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Wavy-Nife
10-12-2022 at 11:06 PM.
10-12-2022 at 11:06 PM.
Quote from MrRobotoNXT :
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.

Ahhh, still better than most any other card.
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Joined Nov 2016
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songfeathers
10-13-2022 at 01:55 AM.
10-13-2022 at 01:55 AM.
Quote from liunit92 :
thanks for the link! i am disappointed ground transport doesn't include tolls but i will use the internet and utilities categories. any clue if the US bank has a rule like chase with their 5/24 rule?

If you look up data points on myficoforums, I think it gets harder after 1/6 or 2/12, but those DPs might be outdated. And YMMV. I haven't done that research in a long time, so take what I'm saying with a large grain of salt
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Joined Aug 2009
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WackMC
10-13-2022 at 01:26 PM.

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

10-13-2022 at 01:26 PM.
A bunch of people on Doctor of Credit are saying that this card has a $95 annual fee. No bueno.
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Joined Apr 2015
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ThePeanutGallery
10-13-2022 at 01:32 PM.
10-13-2022 at 01:32 PM.
Amazon and Walmart 6% CB is really attractive. But no promo/bonus on sign up... and hard pull.....
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Joined Nov 2015
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dshoppr
10-13-2022 at 02:21 PM.
10-13-2022 at 02:21 PM.
Quote from WackMC :
A bunch of people on Doctor of Credit are saying that this card has a $95 annual fee. No bueno.
yes, saw the same on reddit too. someone posted a screenshot of them chatting wih US bank customer service.
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Joined May 2013
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unksol
10-13-2022 at 06:57 PM.
10-13-2022 at 06:57 PM.
Quote from WackMC :
A bunch of people on Doctor of Credit are saying that this card has a $95 annual fee. No bueno.
That's not really surprising. Blue cash preferred is $95 for 6% on groceries. With this the 6% and 3% categories are separate. The 3% on bills and utilities would more than cover the fee for most people. Plus since you can prepay most utilities you can always prepay the next quarter, hit the 1500, and change it to something else for a quarter.

Plus you can buy gift cards at Walmart or target in-store for other places. Like apple or amazon. to hit the 1500 for the quarter.

Kroger/blue cash can be better for this though. I already get 6% off homedepot/Amazon etc by just buying gift cards plus get fuel points so a dollar off per gallon. Then use a gas rewards card on top.
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Last edited by unksol October 13, 2022 at 06:59 PM.
Joined Sep 2021
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Wyvern1
10-13-2022 at 10:02 PM.
10-13-2022 at 10:02 PM.
No annual fee?
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Joined Nov 2015
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dshoppr
10-13-2022 at 10:29 PM.
10-13-2022 at 10:29 PM.
Quote from Wyvern1 :
No annual fee?
check above 4 or 5 comments
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Joined Oct 2021
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LovelyNest1980
10-14-2022 at 08:38 AM.
10-14-2022 at 08:38 AM.
Quote from GDBF :
Guessing there will be an annual fee making this not as attractive.

Correct, 1st year waived and then $95
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Joined Nov 2017
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8d2s
10-15-2022 at 10:42 AM.
10-15-2022 at 10:42 AM.
Quote from Wyvern1 :
No annual fee?
Rumor is $95, so people are just spinning their wheels for nothing. Doctor of credit people did the calculation and that puts it at 4 something, so it doesn't even match the 5% branded cards have.
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Joined Sep 2021
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Wyvern1
10-15-2022 at 04:41 PM.
10-15-2022 at 04:41 PM.
Quote from 8d2s :
Rumor is $95, so people are just spinning their wheels for nothing. Doctor of credit people did the calculation and that puts it at 4 something, so it doesn't even match the 5% branded cards have.
ah thats a bummer..
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