IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the United States fight the funding of terrorism and money laundering activities, U.S. law requires U.S. Bancorp, like other financial institutions, to obtain, verify, and record information that identifies each customer that opens an account.

What this means for you: When you open an account with us, we will ask for your and/or your business's legal name, address, date of birth, tax identification number, and other identifying information that will assist us with identifying you and/or your business. We may also ask to see your photo identification (driver's license) or other identifying documents. For businesses, we may ask for copies of certified articles of incorporation, an unexpired government-issued business license, a partnership agreement, or other documents that indicate the existence and standing of the entity.

We may change APRs, fees, and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.

When you make a payment, the amount up to your Minimum Payment is applied first to the monthly payment obligation for U.S. Bank ExtendPay® Plans and U.S. Bank ExtendPay® Loans if any, and then to non-Fixed Payment Program balances in the order of the lowest to highest APR. Any amount over your Minimum Payment is applied to balances in the order of highest to lowest APR.

Interest Rates and Interest Charges	U.S. Bank Cash+® Visa Signature® Card
Annual Percentage Rate (APR) for Purchases	U.S. Bank Cash+ Visa Signature® Card: 19.74% to 29.74% based on your creditworthiness when you open your account. This APR will vary with the market and is based on the Prime Rate.
APR for Balance Transfers	U.S. Bank Cash+ Visa Signature® Card: 0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening. After that, 19.74% to 29.74% based on your creditworthiness when you open your account. This APR will vary with the market and is based on the Prime Rate.
APR for Cash Advances	U.S. Bank Cash+ Visa Signature® Card: 29.99% This APR will vary with the market and is based on the Prime Rate.
Penalty APR and When it Applies	Not applicable
How to Avoid Paying Interest on Purchases	Your due date is 24 – 30 days after the close of each billing cycle. We will not charge you interest on new Purchases if you pay your entire balance, or Plan Adjusted Balance if you have any Fixed Payment Program balance(s), in full by the due date each month.
Minimum Interest Charge	If you are charged interest, the charge will be no less than $1.
For Credit Card Tips from the Consumer Financial Protection Bureau	To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
Fees	U.S. Bank Cash+® Visa Signature® Card
Annual Fee
• Annual Membership Fee	None
Transaction Fees
• Balance Transfer	Either 3% of the amount of each transfer or $5 minimum, whichever is greater.
• Convenience Check Cash Advance1	Either 3% of the amount of each advance or $5 minimum, whichever is greater.
• Cash Advance ATM	Either 5% of the amount of each advance or $10 minimum, whichever is greater.
• Cash Advance	Either 5% of the amount of each advance or $10 minimum, whichever is greater.
• Cash Equivalent Advance	Either 5% of the amount of each advance or $10 minimum, whichever is greater.
• Overdraft Protection	None
• Foreign Transaction	3% of each foreign transaction
• U.S. Bank ExtendPay® Fees	A monthly fee not to exceed 1.6% of the original principal amount in a U.S. Bank ExtendPay® Plan or U.S. Bank ExtendPay® Loan.2 This fixed fee is disclosed upon enrollment and charged each month that you owe the applicable ExtendPay balance.
Penalty Fees
• Late Payment	Up to $41
• Returned Payment	Up to $41
• Overlimit	None

How We Will Calculate Your Balance: We use a method called 'average daily balance (including new purchases)'. See your Cardmember Agreement for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement.

The information about the costs of the card described in this application is accurate as of 09/2023. This information may have changed after this date. To find out what may have changed, call us at 1-800-285-8585 (we accept relay calls) or write to us at P.O. Box 6352, Fargo, ND 58125-6352.

¹Depending on your credit history, Convenience Checks may not be available to all applicants.

²U.S. Bank ExtendPay® Fees are calculated based upon the original principal amount, Purchase APR, and other factors.

How Variable Interest Rates Are Determined: After the introductory period, your interest rate is a variable rate and is determined by a combination of the Prime Rate (which may vary) added to a margin (which does not change). Because the Prime Rate may vary, your variable interest rate will go up or down if the Prime Rate changes. If you are granted an Account, the following rates on the Account are variable: Non-Introductory Purchase Rate; Non-Introductory Balance Transfer Rate; Cash Advance Rate. More information is available in the Cardmember Agreement.

Fixed Payment Programs: From time to time we may offer to you the benefit of our Fixed Payment Programs, including ExtendPay® Plans and ExtendPay® Loans, which allow you to pay off balances in fixed monthly payments over time. See your Cardmember Agreement for more information.

Notice to New York Residents: You may contact the New York state department of financial services by telephone at (800) 342-3736 or visit its website at www.dfs.ny.gov for free information on comparative credit card rates, fees and interest-free periods.

California law requires that we let you know: Married applicants may apply for separate accounts in their own names.

Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement under section 766.59 of the Wisconsin statutes or court decree under section 766.70, adversely affects our interest unless we, prior to the time the credit is granted or an open-end credit plan is entered into, are furnished a copy of the agreement, decree or court order, or have actual knowledge of the adverse provision. IF YOU ARE A MARRIED WISCONSIN RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST OF YOUR MARRIAGE OR FAMILY.

Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

By submitting this application, you understand and agree that U.S. Bank National Association ("we", "us" or "our"), as the creditor and issuer of your Account, will rely on the information provided here in making this credit decision, and you certify that such information is accurate and complete to the best of your knowledge. If we open an Account based on this application, you will be individually liable (or, for joint accounts, individually and jointly liable) for all authorized charges and for all fees referred to in the most recent Cardmember Agreement, which may be amended from time to time. We may request consumer credit reports about you for evaluating this application and in the future for reviewing Account credit limits, for Account renewal, for servicing and collection purposes, and for other legitimate purposes associated with your Account. Upon your request, we will inform you if a consumer report was requested and, if it was, provide you with the name and address of the consumer reporting agency that furnished the report.

By providing us with a telephone number for a cellular phone or other wireless device, including a number that you later convert to a cellular number, you are expressly consenting to receiving communications—including but not limited to prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system—from us and our affiliates and agents at that number. This express consent applies to each such telephone number that you provide to us now or in the future and permits such calls for non-marketing purposes. Calls and messages may incur access fees from your cellular provider. By submitting this application, you also agree that we may verify your employment, income, address and all other information provided with other creditors, credit reporting agencies, employers, third parties, and through records maintained by federal and state agencies (including any state motor vehicle department) and waive any rights of confidentiality you may have in that information under applicable law. By submitting this application, you certify that you read and understood the disclosures here and you agree to the terms of this application.

EXPANDED ACCOUNT ACCESS: Any Card or PIN issued to or selected by you under this Agreement can be used to access multiple checking, savings, line of credit and credit card account(s) held in your name with us or our bank affiliates; and any account you open with us and our affiliates may be accessed by the Card or PIN issued under this Agreement now or in the future. "Expanded Account Access" means use of a card or account number and PIN to conduct a transaction or obtain information at ATMs, over the telephone, through personal computer banking, or via any other available method. If the Card or PIN is for a joint account, the Card or PIN can be used to access all the accounts linked to the Card or PIN Access, whether joint or individual. There are no additional fees or charges for Expanded Account Access, but fees applicable to each applicable account will continue to apply in accordance with the terms of the applicable account agreements. Call Cardmember Service at 877-978-7446 to cancel Expanded Account Access, allowing a reasonable time for cancellation to become effective. If you cancel Expanded Account Access for any account, this Account will not be accessible by any card or PIN other than the Card or PIN issued under this Agreement.

Authorization for the Social Security Administration to Disclose Your Social Security Number Verification: In connection with your application for this account and by clicking the ACCEPT AND SUBMIT* button, you authorize the Social Security Administration (SSA) to verify and disclose to us through Early Warning Services, LLC, our service provider, whether the name, Social Security Number (SSN) and date of birth you have submitted matches information in SSA records. This one-time consent is valid for the next 90 days.

Balance Transfer Information: Balance transfer transactions from other U.S. Bank National Association accounts are not permitted. You may cancel a balance transfer request within 10 days of account opening by calling 800-285-8585. After 10 days from account opening, requests to stop payment on Balance Transfer Check(s) issued by U.S. Bank shall not be honored unless the check(s) has been stolen, lost or destroyed.

U.S. BANK CASH+ PROGRAM

1. Accounts that are eligible to earn cash rebates are open and current when the Account is used. Accounts are ineligible when closed and/or after enrollment in the U.S. Bank Cash+ Program is cancelled.
2. You may only earn Rebates (defined below) for Net Purchases on your Account. "Net Purchases" are determined by totaling all new Purchases charged to the Account during a billing cycle, then subtracting credits posted to the Account during the same billing cycle for returns, chargebacks and/or other adjustments. Rebates are not earned for Advances (including wire transfers, travelers checks, money orders, foreign cash transactions, betting transactions, lottery tickets and ATM disbursements), Convenience Checks, Balance Transfers, Interest Charges and Fees, credit insurance charges, transactions to fund certain prepaid card products, U.S. Mint purchases, or transactions to purchase cash convertible items.
3. In addition to earning 1% cash back for every $1 in eligible Net Purchases, you will earn an additional 4% cash back above base earn for every $1 in eligible Net Purchases spent on prepaid car, airline tickets and hotel reservations in the Rewards Travel Center using your rewards credit card. Prepaid car, airfare and hotel reservations in the travel center are not classified as a travel category merchant transaction and are only eligible for additional cash back bonus in the prepaid car, airfare and hotel reservation category. Please allow 1-2 statement billing cycles for your cash back bonus to appear on your credit card statement.
4. Rebates include 1% Rebates, 2% Rebates and 5% Rebates (collectively, "Rebates"). "1% Rebates" are those Rebates for which you will earn 1% of Net Purchases. "2% Rebates" are those Rebates for which you will earn an additional 1%, for a total of 2%, of Net Purchases as described further below. "5% Rebates" are those Rebates for which you will earn an additional 4%, for a total of 5%, of Net Purchases as described below.
   1. 2% Rebates are those Rebates for which you will earn 2% of Net Purchases made in 1 designated category. You must select, each calendar quarter, which category will apply for your 2% Rebates. If you do not make the designation for each quarter, you will earn the 1% Rebate in that category. Categories are subject to change quarterly.
   2. 5% Rebates are those Rebates for which you will earn 5% of Net Purchases made in 2 designated categories. You must select, each calendar quarter, which 2 purchase categories will apply for your 5% Rebates. If you do not make the designations for each quarter, you will earn the 1% Rebate in those categories. During any calendar quarter in which you spend more than $2,000 in your combined two 5% purchase categories, you will earn the 1% Rebate for any additional purchases in your 5% purchase categories during that quarter. Categories are subject to change quarterly. Merchants who accept Visa/Mastercard credit cards are assigned a merchant code based on the kinds of products and services they sell. To offer 2% and 5% Rebates based on purchase type (for example 5% cash back for Department Store purchases) U.S. Bank groups similar merchant category codes into Purchase Categories. Purchases which fall into the eligible Purchase Category will receive the stated Rebate. U.S. Bank makes every effort to include all relevant merchant category codes in its listed Purchase Categories. However, even though a merchant or the items that it sells may appear to fit within a Purchase Category, the merchant may not use the merchant code that will fall within that Purchase Category. Therefore, U.S. Bank cannot guarantee that a purchase will qualify for 2% or 5% Rebates as any purchase where a merchant uses a category code outside of the eligible Purchase Category will not qualify for the stated Rebate.
5. You must register on a calendar quarterly basis online at usbank.com/cashplus to be eligible to earn 2% Rebates and 5% Rebates. You will be able to choose designated Purchase Categories applicable for a calendar quarter's 2% Rebates and 5% Rebates beginning 45 days prior to the start of the upcoming quarter until five days prior the end of the quarter. Same day changes to registered categories are not available. You will begin earning 2% Rebates and 5% Rebates as of the start of the calendar quarter, or the date your registration is effective, whichever is later. Allow up to 3 business days for registration to take effect before you will be eligible to earn 2% Rebates and 5% Rebates. If you do not register for your Cash+ Categories each quarter, all your eligible net purchases will still earn 1% cash back. Cash+ Categories are subject to change quarterly. If you receive Instant Line Access, you will be able to use your virtual card immediately, however, you will not be able to activate your 5% and 2% categories immediately after your new account is opened. You will earn 1% cash back on all eligible purchases until category activation is available. If you provide a valid email address with your application, we will send you an email with instructions once category activation is available. We will also include instructions in the mail with your physical credit card.
6. We will show on your monthly Account statement the accrued Net Purchases potentially eligible for redemption as Rebates as of the statement billing date. Your 1%Rebates earned will appear on your statement as "Cash Rewards", and the additional rewards you earn for 2% Rebates and 5% Rebates (1% and 4%, respectively, in excess of the 1% Rebate) will appear on your statement as a "Bonus". Rebates earned can also be viewed within Internet Banking Rewards Center at usbank.com. We reserve the right to adjust or reverse the number of Rebates that were awarded, or Net Purchases potentially eligible for redemption, for unauthorized Purchases.
7. Rebates may be redeemed as a statement credit, reward card, or deposit made to your U.S. Bank Savings, Checking or Money Market Account, based on your designation. There is a $25 minimum redemption on cash back. Redemption for U.S. Bank Visa Rewards Cards must be in $5 increments, subject to a $25 minimum, except as otherwise allowed as communicated by U.S. Bank.
8. The Account must be open and current to be eligible to earn Rebates. Rebates are not payable if the Account is closed or past due and will be forfeited. Generally, there is no maximum annual cash rebate, but U.S. Bank reserves the right to cap certain 2% Rebates and 5% Rebates in addition to any limits already described in these U.S. Bank Cash+ Program rules. Rebates will expire at the end of the calendar month 36 months after the billing cycle in which they were earned.
9. The Account and these Rebates are provided for personal, family and household use. U.S. Bank reserves the right to disallow or remove Rebates awarded for Purchases made for other than personal, family or household use.
10. We reserve the right to change or cancel the U.S. Bank Cash+ Program at any time, with or without notice to you. The most current U.S. Bank Cash+ Program rules are available at www.usbank.com/cashplus.