Earning Rates

The U.S. Bank Cash Plus Card earns cash back at the following rates:

  • 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose
  • 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Center.
  • 2% cash back on one everyday category, like gas stations and EV charging stations, grocery stores or restaurants.
  • 1% cash back on all other eligible purchases.

5% cash back categories include: Fast Food, Home Utilities, TV / Internet / Streaming, Department Stores, Cell Phone, Electronic Stores, Sporting Goods Stores, Movie Theaters, Gyms / Fitness Centers, Furniture Stores, Ground Transportation, and Select Clothing Stores.

Key Benefits

Here are some of the main benefits of the U.S. Bank Cash Plus Card:

  • Cash Back Shopping Online: Shop through the Rewards Center Shopping Deals or download the browser extension for bonus rewards offers with over 1,100 online merchants as you shop – automatically.
  • Flexible Redemption Options: Get your cash back as a statement credit, a rewards card or directly deposited into your U.S. Bank checking or savings account.

Fees

Annual Fee

The U.S. Bank Cash Plus Card has a $0 annual fee.

Authorized User Fee

There is no fee to add authorized users to the account.

Foreign Transaction Fee

The U.S. Bank Cash Plus Card has a 3% foreign transaction fee. This makes it a bad choice for making purchases abroad.