The best U.S. Bank rewards card is the U.S. Bank Cash+® Visa Signature® Card. This card rewards cardholders with 1 - 5% cash back on purchases. The U.S. Bank Cash+® Visa Signature® Card also offers $200 cash back for spending $1,000 in the first 120 days of account opening.
In addition, with the U.S. Bank Cash+ you can choose and activate your 5% and 2% categories to get more cash back. This option allows you to select new categories every quarter and it will help you maximize your rewards based on your spending habits.
U.S. Bank is an average credit card company overall, but it is good for low annual fees, 0% APR intro offers, and small business features, according to reviews. U.S. Bank credit cards also have a solid user rating of 4.0/5 on WalletHub, based on more than 21,000 reviews.
5 credit card offers rated 4+ out of 5 by WalletHub editors
22.3 million cards in circulation
Initial bonus offers of up to 50,000 points
0% introductory APR for as long as 20 billing cycles
Offers for people with bad credit
Annual fees as low as $0
All in all, U.S. Bank is right around average compared to its competitors. It is good for low annual fees and 0% APR intro offers, but other credit card companies are better for heavy spenders and students.
U.S. Bank will automatically increase the credit limit for eligible credit card accounts based on periodic account reviews that typically begin six months after an account is opened. Automatic credit limit increases are done at U.S. Bank's discretion, and there's no guarantee when one will occur.
You don't have to do anything for U.S. Bank to review your account for an automatic increase. However, taking the following steps will boost the odds of getting U.S. Bank to automatically increase your credit limit:
Pay the bill on time for at least the first six months that you have the card.
Update your account profile if your income has gone up since you applied for the card.
How a U.S. Bank Automatic Credit Limit Increase Affects Your Credit Score
A U.S. Bank automatic credit limit increase requires a soft pull of your credit, which does not affect your credit score.
U.S. Bank may offer you the option to decline the automatic credit limit increase amount and request a higher increase. If you decline and ask for a higher amount, U.S. Bank will conduct a hard pull on your credit report, but they cannot do so without your permission.
A hard pull may lead to a slight decrease in your credit score, but your score should bounce back after a few consecutive months of timely payments. You can keep track of your progress with free daily credit score updates from WalletHub.
The best U.S. Bank credit cards require a 750 credit score or higher for good approval odds. Most U.S. Bank’s co-branded credit cards require good credit, or a credit score of at least 700. In other words, most U.S. Bank credit cards are for people with good credit or excellent credit, but there are options for applicants with lower scores, too.… read full answer
U.S. Bank Minimum Credit Score Requirements by Card:
Meeting the U.S. Bank credit score requirements does not guarantee your approval for a U.S. Bank credit card. Your income, debt, credit history, and any recent inquiries on your credit report are all considered before you’re approved for a U.S. Bank credit card.
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