U.S. Bank Cash+® Visa Signature®

Quick Snapshot

• Annual Fee: $0
• APR: 17.49%-27.49% variable
• Rewards: 5% cash back on two categories you choose ($2,000 combined quarterly cap), 2% on one category you choose, 1% on everything else
• Bonus: Earn $200 bonus after spending $1,000 in the first 4 months
• Best For: People who want to customize their 5% bonus categories based on personal spending patterns
• Credit Needed: Good to Excellent (670+)

Overview

The U.S. Bank Cash+ is the only major credit card that lets you choose your own 5% cash back categories. Each quarter, you select two categories for 5% back and one category for 2% back from a list that includes utilities, cell phone bills, TV and streaming, internet, gym memberships, home improvement, fast food, furniture stores, and more. The 5% categories have a combined $2,000 quarterly spending cap.

This customization is the Cash+ card's defining advantage. While cards like the Discover it Cash Back or Chase Freedom Flex rotate their 5% categories on a fixed schedule, the Cash+ lets you pick categories that match your actual spending. Utilities and cell phone bills are particularly popular choices because they are consistent monthly expenses that other cards rarely bonus.

With no annual fee, a $200 welcome bonus after $1,000 in spending, and no penalty APR, the Cash+ is a low-risk, high-reward card for people who have recurring bills in the available 5% categories. The 2% chosen category adds extra value on a third spending area. The main consideration is that you need to select your categories each quarter, and the available options change periodically.

APR Breakdown

• Purchase APR: 17.49%-27.49% variable
• Balance Transfer APR: 17.49%-27.49% variable
• Cash Advance APR: 29.99% variable
• Penalty APR: None

Note: APR varies based on creditworthiness and the Prime Rate. No penalty APR. Pay in full each month to avoid interest.

Benefits Overview

Customizable 5% Categories

• Choose two 5% cash back categories each quarter
• Available categories include utilities, cell phone, TV/streaming, internet, gym, fast food, home improvement, and more
• $2,000 combined quarterly cap on 5% categories, then 1%
• Categories can be changed each quarter to match your spending

Additional Earning

• Choose one 2% cash back category each quarter
• Available 2% categories include gas stations, grocery stores, restaurants, and more
• 1% cash back on all other purchases
• No cap on 2% or 1% category earning

Card Benefits

• No annual fee
• No penalty APR
• Visa Signature travel and purchase protections
• Cell phone protection when you pay your bill with the card (in select 5% categories)
• Extended warranty on eligible purchases

Rewards & Points

• 5% cash back on two categories you choose ($2,000 combined quarterly cap)
• 2% cash back on one category you choose
• 1% cash back on all other purchases

Cash back is earned as rewards that can be redeemed as a statement credit, deposited into a U.S. Bank account, or loaded onto a rewards card. The ability to earn 5% on utilities and recurring bills makes this uniquely valuable for household budget optimization.

Welcome Bonus

Earn $200 cash back after spending $1,000 within the first 4 months of account opening. The $1,000 threshold is very achievable for most cardholders, making this one of the easier welcome bonuses to earn among no-annual-fee cash back cards.

Fees Summary

• Annual Fee: $0
• Foreign Transaction Fee: 3%
• Balance Transfer Fee: 3% (min $5)
• Cash Advance Fee: Either $10 or 5%, whichever is greater
• Late Payment Fee: Up to $40
• Returned Payment Fee: Up to $40

Who This Card Is Best For

Ideal For

• Bill payers who spend heavily on utilities, cell phone, internet, and streaming
• Category customizers who want to pick their own 5% categories instead of accepting a fixed rotation
• Gym members and fitness spenders who can earn 5% on gym and fitness memberships
• Fast food fans who want 5% at quick-service restaurants

Not Good For

• International travelers as the card charges a 3% foreign transaction fee
• High spenders in two categories who exceed the $2,000 combined quarterly cap
• Hands-off users who do not want to select categories quarterly

Key Pros & Cons

Pros

• Only major card that lets you choose your own 5% categories
• 5% on utilities, cell phone, and internet bills is rare and valuable
• Choose one 2% category for additional flexibility
• No annual fee
• No penalty APR
• $200 welcome bonus after just $1,000 in spending
• Visa Signature protections included
• Cell phone protection available when paying your bill with the card
• Consistent 5% on recurring monthly expenses
• Available 5% categories include options not found on other cards

Cons

• $2,000 combined quarterly cap on 5% categories
• 3% foreign transaction fee makes it poor for international use
• Must select categories each quarter (though they auto-renew)
• Available categories change and may not always match your needs
• 1% base rate on non-category spending is below flat-rate alternatives
• No introductory APR offer on purchases or balance transfers
• Requires U.S. Bank account or relationship for some applicants
• Cash back redemption requires a minimum $25 balance

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

Annual value of approximately $412 on $18,000 in spending with no annual fee. The ability to earn 5% on utilities and bills makes this uniquely efficient for covering fixed household costs. Note that the $2,000 quarterly cap means $4,800 of the $8,000 cap is used in this example.

Should You Get This Card?

You Should Get It If...

• You spend heavily on utilities, cell phone, internet, or streaming each month
• You want to choose your own 5% categories rather than accepting a fixed rotation
• You have consistent recurring expenses that fit the available 5% categories
• You want cell phone protection by paying your bill with the card
• You want a no-annual-fee card with no penalty APR
• You value a straightforward $200 welcome bonus with a low spending threshold

You Should Skip It If...

• You travel internationally and need a card without foreign transaction fees
• You spend more than $2,000 per quarter in your top two categories
• You do not want to select or manage categories each quarter
• You want a 0% intro APR on purchases or balance transfers
• Your spending is spread across categories not available in the 5% options

Apply Now

Apply for U.S. Bank Cash+® Visa Signature®

Information accurate as of May 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.