Choose and activate categories each quarter. Without activation, category purchases earn 1%. The $2,000 cap is shared by both 5% categories, not a separate cap for each.
Annual card fee: $0. Other fees may apply.
How rewards are earned
| Purchases | Rate | Conditions |
|---|---|---|
| Two selected and activated categories | 5% | First $2,000 in combined eligible purchases each quarter, then 1%. Options include home utilities, cell-phone providers, fast food, department stores and TV/internet/streaming; the available list may change. |
| One selected everyday category | 2% | Choose eligible grocery stores, gas/EV charging stations or restaurants each quarter. No category spending cap; merchant exclusions apply. |
| Eligible prepaid Travel Center reservations | 5% | Air, car and hotel reservations through the U.S. Bank Travel Center; direct bookings do not earn this portal bonus. |
| Other eligible purchases | 1% | Includes excess spending in the 5% category pool and unactivated category purchases. |
How rewards can be used
Statement credit or eligible U.S. Bank deposit
The advertised cash-back value applies to statement credit or deposits to eligible U.S. Bank accounts. A separate bank account is not required for statement credit. Redemption minimums may vary; cash rewards expire 36 months after the earning billing cycle, at calendar-month end.
Other reward choices
Gift cards and Real-Time Rewards may have different redemption values; no equivalent value is assumed.
What qualifies?
Grocery bonuses exclude discount stores, supercenters and wholesale clubs. Gas/EV bonuses exclude discount stores, supercenters, wholesale clubs and grocery stores. Nonpurchase transactions, interest and fees do not earn; returns reduce rewards. Account-standing requirements apply.
Benefits and offers outside this profile
Welcome bonuses, promotional APR, installment plans and other benefits are not valued. Confirm current category options and borrowing terms with U.S. Bank.
Why there is no calculator estimate
Not included in calculator rankings. The calculator does not collect category choices, activation, household-bill spending or a shared quarterly cap.
Read how we compare rewards and what annual estimates leave out. All calculator estimates assume full payment without interest; this profile is not a borrowing-cost or approval recommendation.
Check the source
The checked date covers the facts presented in this profile, not every benefit or personalized offer. Confirm your exact offer with the issuer.