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.
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: 0% introductory APR for the first 15 billing cycles. After that,18.49% to 28.74% 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 15 billing cycles for balances transferred within 60 days from account opening. After that,18.49% to 28.74% 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: 31.24% 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 |
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.
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.
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.
You may only earn Rewards for Net Purchases on your Account. " Net Purchases are Purchases minus credits and returns. Not all transactions are considered to be Purchases and eligible to earn cash back, such as transactions posting as Convenience Checks; Balance Transfers; Advances (including ATM withdrawals, wire transfers, traveler's checks, money orders, foreign cash transactions, betting transactions, and lottery tickets); interest charges and fees; credit insurance premiums; and transactions to (i) fund certain prepaid card products, (ii) buy currency from the U.S. Mint, or (iii) buy cash convertible items.
A Purchase will not earn additional Rewards if the merchant's selected code is in a category that is not eligible for additional reward earning. We do not determine the category codes that merchants choose and reserve the right to determine which Purchases qualify for additional cash back. Account must be open and in good standing (not past due or overlimit) on the closing date of the billing cycle to earn and redeem rewards and benefits.
Cardmember 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 (purchases minus returns or credits) 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.
IMPORTANT CHANGE: Effective April 14, 2025, grocery store and supermarket purchases at discount stores/supercenters such as Target and Walmart and wholesale clubs will only earn 1% cash back. Gas station and electric vehicle charging station purchases at discount stores/supercenters, wholesale clubs and grocery stores/supermarkets will only earn 1% cash back.
There are no limits on your 2% or 1% cash back earnings. In addition to earning 1% cash back for every $1 in Purchases, Cash+ Cardmembers will earn an additional 4% cash back for every $1 in Purchases spent on prepaid air, car and hotel reservations in the travel center using your Cash+ Card. Please allow 1-2 statement billing cycles for your bonus cash back to appear on your credit card statement. U.S. Bank reserves the right to change Retailers and Purchase Categories.
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 gift cards, Real-Time Rewards and other rewards options. 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. Subject to applicable law, you may not redeem cash back, and you will immediately lose all of your cash back, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death). Cash rewards will expire at the end of the calendar month 36 months after the billing cycle in which they were earned.
You may only redeem reward dollars for cash rewards if the outstanding balance of your Account is below its credit limit and if your Account is open and in good standing (not past due or overlimit) under the terms of the Program Rules. All cash reward redemptions are final. Cash rewards cannot be used as payment for obligations owed to U.S. Bank National Association or its affiliates. There are no refunds, exchanges, replacements or conversions for currency, credit, or rewards for unused portions or rewards, unless otherwise noted.
We will show on your monthly Account statement the accrued Net Purchases potentially eligible for redemption as Rewards as of the statement billing date. Your 1% Rewards earned will appear on your statement as "Cash Rewards", and the additional rewards you earn for 2% Rewards and 5% Rewards (1% and 4%, respectively, in excess of the 1% Rebate) will appear on your statement as a "Bonus". We reserve the right to adjust or reverse the number of Rewards that were awarded, or Net Purchases potentially eligible for redemption, for unauthorized Purchases.
The Account and these Rewards are provided for personal, family and household use. We reserve the right to disallow or remove Rewards awarded for Net Purchases made for other than personal, family or household use.
We reserve the right to change or cancel the U.S. Bank Cash+ Program at any time, with or without notice to you.