Published on January 7th, 2017 | by William Charles35
U.S. Bank Changing 5% Categories – Dropping Charity & Adding Ground Transportation
U.S. Bank offers the Cash+ card, this lets you choose two categories every quarter to earn 5% cash back in (limited to $2,000 in spend per quarter). Reader Jay found the following announcement in their latest statement:
Effective February 15, 2017, a new 5% Cash+ Category will be available: Ground Transportation featuring merchants such as Uber and Amtrak(R). Also effective February 15, 2017, the 5% Charity Category will no longer be available. Remember to register for your 5% and 2% categories to get MORE CASH BACK!
Considering that Amazon sell Uber gift cards and it’s pretty easy to get 5% cash back on Amazon purchases (plus portal points), ground transportation isn’t that interesting for me. Charity was really the category I used most on the Cash+ card. Other categories:
- Select Clothing Stores
- Cell Phones
- Electronics Stores
- Car Rentals
- Gyms/Fitness Centers
- Fast Food
- Sporting Goods Stores
- Department Stores
- Furniture Stores
- Movie Theaters
Restaurants used to be a 5% category as well, but that was downgraded to 2%. They also limited you to one cash back bonus of $25 when redeeming $100+ rather than once per year. There is a $100 sign up bonus on this card and it’s not the worst downgrade option either. You can view other credit cards that earn a category bonus on charity purchases here. You can read more about U.S. Bank credit cards here.
Do you think this is a positive or negative change? Let me know in the comments below.