U.S. Bank Shopper Cash Rewards™ Visa Signature® Card slims wallets, expenses
October 19 2022 - 4:23PM
Business Wire
Shopper Cash Rewards™ Card earns up to 6% cash
back on purchases from a choice of two out of 24 retailers
U.S. Bank, an industry leader in payment services will launch
the Shopper Cash Rewards™ Visa Signature® Card on October 24, just
in time for the winter holiday shopping season, to give cardmembers
an option to slim down their wallets and enjoy up to 6% cash back
on not one, but two of the nation’s top 24 retailers, including
Amazon.com™, Home Depot® and Walmart®1. The U.S. Bank Shopper Cash
Rewards™ Card also gives cardholders up to 3% cash back on their
top choice between gas stations and EV charging stations, wholesale
clubs such as Costco Wholesale® and Sam’s Clubs®, or bills and home
utilities – plus 1.5% cash back on everything else. In addition,
the card offers 5.5% cash back on hotels and car rentals listed and
booked directly in the U.S. Bank Rewards Center.
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the full release here:
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U.S. Bank Shopper Cash Rewards™ Visa
Signature® Card (Photo: Business Wire)
“We believe this card is unprecedented in its ability to offer
richer rewards than many retailer-specific cards,” said Steve
Mattics, head of Retail Payment Solutions for U.S. Bank. “It gives
cardmembers the ability to earn 6% cash back at two of their
favorite retail brands, along with compelling rewards everywhere
else they shop. Cardmembers can use the U.S. Bank Shopper Cash
Reward Card for home improvement purchases, electronics, fashion
and holiday or everyday shopping. It’s a one-stop shopping tool –
one card for everywhere – that can deliver powerful earning
potential.”
U.S. Bank is also piloting a version of the card plastic that
includes innovative LED-powered technology that lights up the U.S.
Bank logo during contactless transactions. The card with the LED
feature is the first of its kind in market and will be available at
no extra cost to select cardholders while supplies last. Customers
who do not receive the LED version of the Shopper Cash Rewards Card
will initially receive a standard plastic version but may be able
to upgrade to the LED version in the future pending
availability.
“It’s time to lighten up your wallet with one card that can just
about do it all,” said Mattics. “Our goal is to help shoppers worry
less about using the ‘right card’ at the ‘right checkout’ and get
back to doing those things that matter most to them – with more
rewards in their pockets as a result.”
Cardmembers can choose to keep or to change their two 6%
retailers and their 3% category each quarter. Plus, they can stack
all their everyday savings with hundreds of other exclusive U.S.
Bank discounts viewable online.
The U.S. Bank Shopper Cash Rewards™ Card includes no annual fee
in the first year and a $95 annual fee each year thereafter.
With the U.S. Bank Shopper Cash Rewards™ Card, cardmembers can
redeem their rewards anytime in the form of a cash back deposit in
their U.S. Bank account, a statement credit, a U.S. Bank Rewards
Card, or Merchant Gift Cards. And, for a limited time, cardmembers
will receive a $250 bonus after they spend $2,000 in eligible
purchases within the first 120 days of account opening.
More information is available at usbank.com/shopper.
About U.S. Bank
U.S. Bancorp, with approximately 70,000 employees and $601
billion in assets as of September 30, 2022, is the parent company
of U.S. Bank National Association. The Minneapolis-based company
serves millions of customers locally, nationally and globally
through a diversified mix of businesses: Consumer and Business
Banking; Payment Services; Corporate & Commercial Banking; and
Wealth Management and Investment Services. The company has been
recognized for its approach to digital innovation, social
responsibility, and customer service, including being named one of
the 2022 World’s Most Ethical Companies and Fortune’s most admired
superregional bank. Learn more at usbank.com/about.
1 List of 6% retailers: Ace Hardware®; Apple®; Amazon.com™;
Anthropologie™; Bed, Bath, & Beyond®; Best Buy®; Chewy.com®;
Crate & Barrel™; Disney®; Home Depot®; Ikea®; Kohl’s®; Lowe’s®;
Lululemon™; Macy’s™; Menard’s®; Nordstrom™; Pottery Barn®; QVC®;
Restoration Hardware™; Target®; Walmart®; Wayfair.com; and Williams
Sonoma®.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221019006081/en/
Evan Lapiska, U.S. Bank Public Affairs & Communications
evan.lapiska@usbank.com | 612-303-9122
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