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Established Contributor
FutureBillionaire
Posts: 650
Registered: ‎12-12-2012
0

Re: US Bank Cash+

I read or heard somewhere that the cap was on total rewards earned, not spending.  Also, I didn't see anything in my statement about this.  The $25 bonus change is happening at the same time, so it should have been on my statement.

Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward,
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape
Super Contributor
enharu
Posts: 7,132
Registered: ‎02-27-2013
0

Re: US Bank Cash+


FutureBillionaire wrote:

I read or heard somewhere that the cap was on total rewards earned, not spending.  Also, I didn't see anything in my statement about this.  The $25 bonus change is happening at the same time, so it should have been on my statement.


i called in and ask.

it starts July 1st for everyone.

the $2000 cap is on spending, not total rewards, as well :smileysad:

big bummer.

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Super Contributor
longtimelurker
Posts: 7,716
Registered: ‎04-22-2013
0

Re: US Bank Cash+


FutureBillionaire wrote:

I read or heard somewhere that the cap was on total rewards earned, not spending.  Also, I didn't see anything in my statement about this.  The $25 bonus change is happening at the same time, so it should have been on my statement.


Yes, someone posted on another forum that it was $2000 cap on rewards ($40K spend per quarter on the 5% categories), which sounded unlikely at the time


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