U.S. Bank Shopper Cash Rewards Visa Signature Card Review
U.S. Bank will soon launch a new product, the Shopper Cash Rewards™ Visa Signature® Card! The card brings something new to the table, with 6% cash back at several popular merchants such as Amazon, Best Buy, Walmart and more. The card is not live yet, but details have already been revealed on the U.S. Bank site.
Earning Rates
- 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
- 5.5% cash back on prepaid car and hotel reservations booked directly in the Rewards Center.
There are no limits on your 1.5% Cash Rewards earnings. During any calendar quarter in which you spend more than $1,500 combined at your two 6% retailers, you will earn 1.5% Cash Rewards for any additional spend at those retailers during that quarter. During any calendar quarter in which you spend more than $1,500 in your one 3% category, you will earn 1.5% Cash Rewards for any additional spend in that category during that quarter.
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
You must enroll each quarter into two retailers and one purchase category of your choice, or all net purchases (purchases minus returns or credits) will earn no more than 1.5% Cash back. Allow up to 3 business days for registration to take effect before you will be eligible to earn 3% Cash Rewards and 6% Cash Rewards.
Guru’s Wrap-up
The card is coming soon, but no exact date has been announced yet. You can sign up to make sure you’re notified of when it’s time to apply for the new Shopper Cash Rewards Card.
The U.S. Bank Shopper Cash Rewards Visa Signature Card comes with quarterly categories where you can earn 6% cash back on up to $1,500 in spend, and a total of $6,000 per year. You get to choose two categories. There are some good options to choose from such as Amazon, Walmart, Best Buy, Disney, Home Depot, Lowe’s and more. There are 24 merchants in total.
You also get to choose one 3% category from wholesale clubs, gas and EV charging stations, or bills and home utilities. This is again limited to $1,500 limit per quarter.
We still don’t know what the signup bonus is, and whether the card will have an annual fee.