US Bank Cash Plus Visa Signature – How to Apply

By Raquel Oliveira • 02/24/2025

US Bank Cash Plus Visa Signature offers No annual fee and flexible redemption options.

With 5% cash back on two categories of your choice each quarter, this card ensures you earn more where you spend the most. Whether it’s gas, groceries, or home improvement, the flexibility allows you to tailor rewards to your lifestyle.

On top of that, you receive 2% cash back on one additional everyday category, such as dining or groceries. Even when you’re not spending in those categories, you still earn 1% cash back on all other purchases.

What makes this card even more appealing is its no-annual-fee structure. You can enjoy the benefits of high cash back rewards without worrying about paying an extra cost just to keep the card.

The ability to select your top spending categories each quarter makes this card a great choice for anyone looking to customize their rewards. If your spending habits change, you can adjust your categories accordingly.

How does the US Bank Cash Plus Visa Signature work?

The US Bank Cash Plus Visa Signature card offers 5% cash back on the first $2,000 in combined purchases across two chosen categories per quarter. This allows you to maximize your rewards based on your spending patterns.

Eligible 5% cash back categories include gas stations, grocery stores, home improvement, streaming services, and more. This selection gives users the freedom to earn top rewards where they spend the most.

In addition to the 5%, cardholders earn 2% cash back on one everyday category, such as dining, groceries, or drugstores. All other purchases earn 1% cash back, ensuring that you continue to benefit from every transaction.

To receive the 5% and 2% cash back, you must activate your categories before the start of each quarter. This activation process ensures that you’re earning the highest possible rewards in your preferred spending areas.

Main benefits of the US Bank Cash Plus Visa Signature

The US Bank Cash Plus Visa Signature card offers several advantages, making it an excellent choice for those who want to maximize cash back while maintaining flexibility in their spending.

• 5% cash back on two selected categories: Choose two high-spending areas every quarter to earn maximum rewards on the first $2,000 in combined purchases. This customization ensures you earn the most in your key spending areas.
• 2% cash back on one everyday category: Whether you spend more on groceries, dining, or drugstores, the additional 2% category ensures you continue earning solid rewards on essential purchases.
• 1% cash back on all other purchases: Even if your spending doesn’t fit into the 5% or 2% categories, you still earn 1% back on everything else, making it a well-rounded rewards card.
• No annual fee and flexible redemption options: Cash back can be redeemed as a statement credit, direct deposit, or applied toward purchases, giving you full control over how you use your rewards.

Cons of the US Bank Cash Plus Visa Signature

While the US Bank Cash Plus Visa Signature card offers great rewards, there are a few potential downsides to consider before applying.

• Not the best option for those who prefer simplicity: Since rewards require quarterly activation and planning, users who want an effortless rewards program may find other cash back cards more convenient.
• Activation required each quarter: Unlike other cash back cards that automatically apply higher rewards, this card requires users to manually activate their 5% and 2% categories every three months.
• High APR for carried balances: The card’s APR can be high, making it less ideal for those who frequently carry a balance. To maximize benefits, it’s best to pay off your statement in full each month.
• $2,000 quarterly spending cap on 5% rewards: Once you reach the $2,000 cap on combined purchases in your chosen 5% categories, those purchases will only earn 1% cash back until the next quarter.

APR and Fees

The US Bank Cash Plus Visa Signature card has a variable APR ranging from 15.99% to 25.99%, depending on the cardholder’s creditworthiness. Those carrying a balance could face high interest charges.

While there is no annual fee, other costs may apply. Cardholders should be aware of late payment fees, cash advance fees, and balance transfer fees, which can increase the total cost of using the card.

To avoid interest and additional charges, it’s best to pay off balances in full each month and monitor due dates to ensure on-time payments, preserving both rewards and financial health.

How to Apply

Applying for the US Bank Cash Plus Visa Signature is an easy and efficient process that can be completed online. With a streamlined application system, cardholders can receive a decision quickly and start earning rewards without unnecessary delays.

To apply, visit the US Bank website and access the credit card application page. Fill out the online form with your personal and financial details, including income, employment status, and Social Security number. Ensure all information is accurate to avoid approval delays.

After submitting the application, US Bank usually provides an instant approval decision, though some cases may require further review. If approved, the card is processed for shipping and should arrive within 7–10 business days. Once received, activation is simple.

Upon receiving the card, activate it through online banking or the mobile app. Choose your 5% and 2% cash back categories, ensuring you maximize rewards. Begin using the card immediately and enjoy its flexible earning and redemption options for everyday purchases.