U.S. Bank Cash+® Visa® Secured Card

Our review of the U.S. Bank Cash+® Visa® Secured Card

If you’re looking for a secured credit card that offers cash back rewards and the flexibility to choose how you earn them, the U.S. Bank Cash+® Visa® Secured Card is a top contender. With the ability to earn 5% back on two select categories, 2% back on an “everyday” category, and 1% back on all other purchases, this card puts the power in your hands.

Set Your Own Credit Limit

Secured credit cards are a great option for those looking to build or improve their credit, as they typically have lower credit score requirements than unsecured cards. With the U.S. Bank Cash+® Visa® Secured Card, you can set your credit limit by making a minimum deposit of $300, up to a maximum of $5,000. Plus, you have the opportunity to increase your credit line with additional deposits.

How to Earn Rewards

Similar to the unsecured version of the U.S. Bank Cash+ Visa Signature Card, the U.S. Bank Cash+® Visa® Secured Card allows you to earn up to 5% back on select categories of your choice. You’ll also earn 2% back on one “everyday” category and 1% back on all other purchases.

5% Cash Back Categories

Choose two categories from the following list to earn 5% back on eligible purchases:

• TV, internet, and streaming services
• Fast food
• Cell phone providers
• Department stores
• Home utilities
• Clothing stores
• Electronics stores
• Furniture stores
• Sporting goods stores
• Movie theaters
• Fitness centers
• Ground transportation

2% Cash Back Categories

Select one category from the following list to earn 2% back on eligible purchases each quarter:

• Grocery stores
• Gas stations
• Restaurants

How to Redeem

Redeeming your cash back rewards with the U.S. Bank Cash+® Visa® Secured Card is simple. You can choose to receive your cash back as a statement credit, a direct deposit into a U.S. Bank account, or use your rewards card to make purchases.

Graduate to the Unsecured Cash+ Visa Signature

With responsible use of the U.S. Bank Cash+® Visa® Secured Card, you may have the opportunity to graduate to the unsecured version of the card. This means you can recover your security deposit and enjoy all the benefits of an unsecured cash back credit card.

Should You Apply?

The U.S. Bank Cash+® Visa® Secured Card offers a range of benefits typically associated with unsecured credit cards, making it a strong option for those looking to build or rebuild their credit. With up to 5% cash back on select categories and the potential to graduate to an unsecured card, this secured card packs a punch in terms of rewards and opportunities for credit growth.

If you’re considering the U.S. Bank Cash+® Visa® Secured Card, be sure to also explore other popular options like the Citi® Double Cash Card – 18 month BT offer and the Citi Custom Cash℠ Card.