You get to choose two categories each quarter on which to earn 5% cash back on up to $2,000, then 1% once you meet that cap. You also get to choose one category — grocery stores or gas stations — on which to earn 2% cash back.
2019 U.S. Bank Cash+™ Visa Signature® Card cash back calendar
Each quarter choose two 5% categories from the list below. You’ll earn 5% cash back in these two categories on up to $2,000 in combined quarterly purchases and then 1% back.
- TV, Internet, and Streaming Services
- Home utilities
- Select clothing stores
- Cell phone providers
- Electronic Stores
- Fast food
- Ground Transportation
- Sporting goods
- Department Stores
- Furniture Stores
- Movie theaters
You can also select between grocery stores or gas stations each quarter to earn 2% cash back.
Can these categories change?
Yes. Watch for changes 45 days before the activation of the next quarter.
To earn 5% cash back, you must activate two eligible categories each quarter. To earn 2% cash back, you must activate one eligible category each quarter.
- Activation starts 45 days before the start of each quarter, though you can still activate five days before the end of the quarter.
- To activate, call the number on the back of your card or log in at usbank.com/cashplus.
- Each category with accelerated cash back lasts for three months.
You’ll earn 5% cash back on everything you buy within your selected categories if you enrolled that quarter. However, you’re limited to $2,000 in combined purchases per quarter. Once you reach the cap, you’ll earn 1% cash back on these categories.
Quarterly cash back for the 2% category is unlimited if you enrolled, while everything else you buy earns 1% back.
Activate your categories.
Otherwise, you’ll only earn 1% cash back.
Earn the signup bonus.
Spend $500 in your first 90 days of card membership to earn a $150 bonus.
Get more than one card.
U.S. Bank allows up to three U.S. Bank Cash+™ Visa Signature® Cards. This way, you can set each card to earn 5% cash back on different categories. Considering the card has no annual fee, you could earn solid rewards.
Chase Freedom Flex℠
is another credit card with 5% cash back on rotating categories.
Chase 5% cashback categories for 2021
- January to March.
Gas stations, select streaming services, Internet, cable and phone services.
- April to June.
Grocery stores (excludes Walmart and Target), fitness club and gym membership.
- July to September.
Amazon.com and Whole Foods Market.
- October to December.
Chase reveals its 5% categories as we approach the activation date.
Note: In 2020, Chase Freedom Flex℠ added a new category that doesn’t rotate — 5% cash back on Lyft rides until March 31, 2022.
It all comes down to your preference. If you spend more in the categories offered by Chase Freedom Flex℠, then that should be your choice. But if you prefer to choose your categories and to know beforehand what you’ll get high rewards on, the U.S. Bank Cash+™ Visa Signature® Card could be the better choice.