1. One-time $200 bonus will be awarded if you are approved for a new U.S. Bank Cash+ Visa Signature Card and make $1,000 or more in total eligible Net Purchases to your Account within 90 days of Account opening. Existing or previous Cash+ cardmembers are not eligible if you have received a new account bonus for this product in the last five years. This offer may not be combined with any other bonus offer. Offer is subject to credit approval.
2. Maximum Cash Rewards value applies to Cash Rewards redeemed for a statement credit or deposit into an eligible U.S. Bank Account. The redemption value may be different if you choose to redeem your Cash Rewards for other rewards such as a U.S. Bank Rewards Card. Other restrictions apply. Establishment or ownership of a U.S. Bank Account or other relationship with U.S. Bank is not required to obtain a card or to be eligible to use Cash Rewards to obtain any rewards offered under the program. Minimum redemption amounts may vary and are subject to change without notice.
3. Cardmembers must enroll each quarter into categories of their choice, or all Net Purchases will earn no more than 1% cash back. You will earn 5% cash back on your first $2,000 in combined Net Purchases in your two chosen 5% categories and 2% cash back in your chosen 2% category. Purchases over $2,000 in the 5% categories will earn 1% cash back. In addition to earning 1% cash back for every $1 in eligible Net Purchases, Cash+ cardmembers will earn an additional 4% cash back (5% total) for every $1 in eligible Net Purchases spent on prepaid air, car and hotel reservations in the Rewards Center using your Cash+ card. IMPORTANT CHANGE: Effective April 14, 2025, grocery store and supermarket purchases at discount stores/supercenters such as Target and Walmart and wholesale clubs will earn 1% cash back. Gas station and electric vehicle charging station purchases at discount stores/supercenters, wholesale clubs and grocery stores/supermarkets will earn 1% cash back. There are no limits on your 2% or 1% cash back earnings. Cash back is redeemed in the form of a statement credit, or a deposit made to your U.S. Bank Savings, Checking or Money Market Account based on your designation. The redemption value may be different if you choose to redeem your cash back for other rewards. Cash rewards will expire at the end of the calendar month 36 months after the billing cycle in which they were earned.
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