US Bank Cash Plus

[FinStar]

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@longtimelurker wrote:

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@FinStar wrote:

Not me so far, just got mine in July.

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You might be out of luck as they instituted some changes around Jul 1, and if you got the card after that I think things like the caps were in force.  But who knows!

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wah wah... LOL.... Mine was approved on Jul 11.  I'll keep my eyes peeled though just in case.

[enharu]

I just called again. I was told there's a 2k cap for 5%. Maybe you guys don't have the cap since you got it before the first wave of nerfs were even implemented.

[longtimelurker]

Good point.   They generally do seem to be good about notification, I have received sooo many messages about the $25 bonus now being once per year, and when they got rid of the "bad" 5% categories, so I remember being surprised seeing the cap suddenly appear on the web site.

The letter did say that they had wrongly informed us about the cap, but I don't recall when they did that.  Still, I won't phone up and offer to return the $10 and tell them to put a cap on my account.

[FinStar]

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@enharu wrote:
I just called again. I was told there's a 2k cap for 5%. Maybe you guys don't have the cap since you got it before the first wave of nerfs were even implemented.

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Just called too... confirmed as well, $2K cap for 5%...wah wah....sad violin plays....lol

[enharu]

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@FinStar wrote:

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@enharu wrote:
I just called again. I was told there's a 2k cap for 5%. Maybe you guys don't have the cap since you got it before the first wave of nerfs were even implemented.

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Just called too... confirmed as well, $2K cap for 5%...wah wah....sad violin plays....lol

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This is getting confusing :/

I sent an email to US Bank last week, and just got a response back.

In the email I am told there's no cap for my account.

The cap is instituted only for cardmembers who got their cash+ card after July 1st 2013.

And then I called in again just to re-verify.

Was put on hold for about 5-10mins while the rep went to do some research, and she said my account has no cap on the 5% category.

Since there's no cap..........I tried to ask for a CLI and was told it will be a HP. They can't do a SP CLI for me. So I gave up on the CLI request for now.

[youngandcreditwrthy]

I'm sure glad I didn't get a US Bank card... Or did I? Haha.
They seem to be lacking in many areas. LOL

[FinStar]

They may have nerfed some of the benefits (i.e. categories) but it is still a very good card overall.  Even with the caps (depending on whether you have other cards that compliment other spend categories), it still works out decently.

[enharu]

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@youngandcreditwrthy wrote:
I'm sure glad I didn't get a US Bank card... Or did I? Haha.
They seem to be lacking in many areas. LOL

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well the cash+ rewards are great and I haven't had any issues with them, so I don't have any complaints.

Customer service wise they're pretty much about the same as Wells Fargo / Citi / Bank of America. I don't really call any of my banks on a frequent basis, so it doesn't really matter.

[longtimelurker]

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@enharu wrote:

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@FinStar wrote:

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@enharu wrote:
I just called again. I was told there's a 2k cap for 5%. Maybe you guys don't have the cap since you got it before the first wave of nerfs were even implemented.

---

Just called too... confirmed as well, $2K cap for 5%...wah wah....sad violin plays....lol

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This is getting confusing :/

I sent an email to US Bank last week, and just got a response back.

In the email I am told there's no cap for my account.

The cap is instituted only for cardmembers who got their cash+ card after July 1st 2013.

And then I called in again just to re-verify.

Was put on hold for about 5-10mins while the rep went to do some research, and she said my account has no cap on the 5% category.

Since there's no cap..........I tried to ask for a CLI and was told it will be a HP. They can't do a SP CLI for me. So I gave up on the CLI request for now.

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As you say, confusing, but, at least for now, good news!

Wish I had known a) about lack of caps and b) that my vet counts as a charity.  Put about $12K on vet bills on other cards earlier...

[enharu]

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@longtimelurker wrote:

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@enharu wrote:

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@FinStar wrote:

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@enharu wrote:
I just called again. I was told there's a 2k cap for 5%. Maybe you guys don't have the cap since you got it before the first wave of nerfs were even implemented.

---

Just called too... confirmed as well, $2K cap for 5%...wah wah....sad violin plays....lol

---

This is getting confusing :/

I sent an email to US Bank last week, and just got a response back.

In the email I am told there's no cap for my account.

The cap is instituted only for cardmembers who got their cash+ card after July 1st 2013.

And then I called in again just to re-verify.

Was put on hold for about 5-10mins while the rep went to do some research, and she said my account has no cap on the 5% category.

Since there's no cap..........I tried to ask for a CLI and was told it will be a HP. They can't do a SP CLI for me. So I gave up on the CLI request for now.

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As you say, confusing, but, at least for now, good news!

Wish I had known a) about lack of caps and b) that my vet counts as a charity.  Put about $12K on vet bills on other cards earlier...

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Yea I wish I had known about the caps as well. I put a lot of spending on my Amazon visa in August / September because I thought I had already reached the cap. Not so bad I suppose, since it's just about $50-60 difference in rewards.

But on the bright side at least I now have a definite answer before I do any of my holiday shopping.