U.S. Bank Cash+ Secured Visa Card Review

Unlock cash back rewards while building credit! Enjoy 5% cash back on your favorite categories, no annual fee, and flexible spending power.  

The U.S. Bank Cash+ Secured Visa Card is a game-changer for anyone looking to build or rebuild their credit while earning rewards. Unlike traditional secured cards, this card offers a unique combination of financial flexibility and cash back opportunities, making it a standout choice for savvy spenders. Whether you’re focused on improving your credit score or maximizing your everyday purchases, this card delivers value at every turn.  

What sets this card apart is its ability to cater to your lifestyle. You can customize your rewards to match your spending habits, ensuring you get the most out of every dollar. Plus, with no annual fee, you can enjoy these benefits without worrying about extra costs. Ready to take control of your financial future? Keep reading to discover why this card is a must-have.  

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U.S. Bank Cash+ Secured Visa Card

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U.S. Bank Cash+ Secured Visa Card – Your Key to Smarter Spending  

– Customizable Cash Back Rewards: One of the most exciting features of this card is the ability to earn 5% cash back on two categories of your choice each quarter. Whether you spend heavily on dining, entertainment, or utilities, you can tailor your rewards to fit your lifestyle.  

– No Annual Fee: Unlike many other secured cards, the U.S. Bank Cash+ Secured Visa Card comes with no annual fee. This makes it an affordable option for those looking to build credit without the burden of additional costs.  

– Competitive APR for a Secured Card: With a variable APR of 28.24%, this card offers a competitive rate for a secured credit card. While it’s always best to pay off your balance in full each month, this rate provides flexibility if you need to carry a balance occasionally.  

– Earn Rewards on All Purchases: Even purchases outside your chosen categories earn 1% cash back. This means you’re rewarded for every eligible transaction, ensuring your spending always contributes to your cash back goals.  

– Build Credit with Responsible Use: As a secured card, it requires a refundable security deposit, which also serves as your credit limit. By using the card responsibly, you can build or rebuild your credit over time.  

– Flexible Spending Power: Your security deposit determines your credit limit, giving you control over your spending power. This feature makes it an excellent choice for those who want to manage their finances responsibly while enjoying the perks of a rewards card.  

– No Foreign Transaction Fees: While this card is designed for U.S. residents, it’s also a great companion for domestic travelers.  

– Easy Online Account Management: U.S. Bank offers a user-friendly online platform and mobile app, allowing you to track your spending, monitor your rewards, and make payments with ease. Staying on top of your finances has never been simpler.  

– Path to an Unsecured Card: With consistent, responsible use, you may qualify for an unsecured card in the future. This transition can help you continue building credit while enjoying even more financial benefits.  

Who Can Apply for the U.S. Bank Cash+ Secured Visa Card?  

– Individuals with Limited or Damaged Credit: This card is ideal for those who are new to credit or have experienced financial setbacks. It provides an opportunity to rebuild your credit score while earning rewards.  

– U.S. Residents: Applicants must be legal residents of the United States with a valid Social Security number or Individual Taxpayer Identification Number (ITIN).  

– Adults Aged 18 and Older: You must be at least 18 years old to apply for this card. Younger applicants may need a co-signer or proof of independent income.  

– Those Willing to Make a Security Deposit: As a secured card, it requires a refundable security deposit. This deposit typically ranges from $300 to $5,000 and determines your credit limit.  

– People Seeking Rewards on Everyday Spending: If you want to earn cash back on your daily purchases while building credit, this card is a perfect fit.  

– Responsible Spenders: This card is best suited for individuals committed to making timely payments and managing their credit responsibly.  

How to Apply for the U.S. Bank Cash+ Secured Visa Card  

– Check Your Credit Score: Before applying, review your credit score to understand where you stand. While this card is designed for those with limited or damaged credit, knowing your score can help you set financial goals.  

– Gather Required Documents: You’ll need proof of identity, such as a driver’s license or passport, and proof of income, like pay stubs or tax returns.  

– Visit the U.S. Bank Website: Navigate to the U.S. Bank credit card section and select the Cash+ Secured Visa Card to begin your application.  

– Complete the Online Application: Fill out the application form with your personal, financial, and employment information. Be sure to double-check for accuracy.  

– Submit Your Security Deposit: Once approved, you’ll need to provide your security deposit. This can typically be done via a bank transfer or check.  

– Activate Your Card: After receiving your card in the mail, follow the instructions to activate it. You can start using it immediately to build credit and earn rewards.  

Frequently Asked Questions  

Can I increase my credit limit over time?  

Yes, you may be eligible for a credit limit increase by adding to your security deposit or demonstrating responsible card use.  

Is the security deposit refundable?  

Absolutely. Your security deposit is fully refundable when you close your account in good standing.  

How do I choose my cash back categories?  

You can select your preferred categories each quarter through the U.S. Bank’s online portal or mobile app.  

Does this card help build credit?  

Yes, U.S. Bank reports your payment history to the major credit bureaus, helping you establish or rebuild your credit over time.  

CREDIT CARD

U.S. Bank Cash+ Secured Visa Card

Cashback Zero fraud liability

APPLY NOW You will be redirected