US Bank Cash+ Credit Card Review: Choose Your 5% Cash Back Adventure (Limited Time 0.5% Cash Back Offer)

The US Bank Cash+ card is one of the more interesting cash back cards because you can pick your own 5% earning categories each quarter.

For a limited time, there's a signup bonus of $100 after spending $500 within 3 months (there typically isn't a signup bonus), plus earn an extra 0.5% cash back. Earn $25 Cash+ Bonus the first time you redeem $100 or more in a single redemption. Limit one per account.

Extra 0.5% cash back promo

During your first cardmember year, earn an extra 0.5% back on the 5%, 2%, and 1% categories. The card member year is based on when you apply. For example, if you apply in Sept 2017, a card member year is until Sept 2018. This means you can earn 5.5%, 2.5%, and 1.5% cash back for the first year, thereafter, earn the regular rates. 

The extra 0.5% cash back offer is only available online for new customers. If you previously or currently have the card, you are not eligible for the offer. 

The basics

  • No annual fee
  • 5% cash back every quarter on your choice of 2 categories, up to $2,000 in combined purchases
  • 2% cash back every quarter on an everyday category of your choice, like gas, restaurants, or groceries
  • 1% cash back on everything else

What we like:

  • 2% and 1% cash back is unlimited
  • Choose your adventure! Flexibility to select categories. 

What we hate:

  • Categories have a lot of rules/limitations on stores

Interested in getting the U.S. Bank Cash+? View the current offer in the links at the end of the post. You don't have to use our links, but we're grateful when you do. Thank you for supporting AskSebby!

On the surface, the US Bank Cash+ sounds like a good card because there's not an annual fee and you earn 5% cash back, but you need to see if the categories fit your lifestyle.

For the 5% categories, pick two to earn 5% back, up to $2,000 in spend per quarter. The maximum you can earn per quarter is $100.  In Year 1, since you're earning 5.5%, this is really $110. 

5% Categories:

  • Ground transportation: Lots of options including Amtrak, Bolt Bus, Clipper, Greyhound, Lyft, Uber
  • Car rentals (side note: card comes with secondary CDW)
  • Sporting good stores
  • Select clothing stores
  • Gym and fitness centers
  • Select department stores
  • Cell phone
  • Furniture stores
  • Electronic stores
  • Fast food restaurants
  • Movie theaters

The main issue is that most people will not spend that much money on the specific 5% categories. This comes out to $2,000 per quarter for two categories, meaning you want to spend $300/month per category to maximize cash back. 

If you can optimize the above 5% categories, then the U.S. Bank Cash+ card is a good card to have in your wallet.

With the limited time promotion, earn 0.5% extra cash back on everything for the first year, thereafter, earn the regular cash back rates. 

Interested in getting the U.S. Bank Cash+? View the current offer in the links below (Cash Back Cards -> "Show More"). You don't have to use our links, but we're grateful when you do. Thank you for supporting AskSebby!