topic Re: US Bank Cash+ in Credit Card Applications

US Bank Cash+

Noctilum — Mon, 01 Jun 2015 21:28:29 GMT

Bit the bullet and decided to apply for the card. I got a 7-10 business day review. Is that normal, even for someone with good credit such as myself?

Re: US Bank Cash+

revjamesl — Mon, 01 Jun 2015 21:35:35 GMT

@Corvidae wrote:
Bit the bullet and decided to apply for the card. I got a 7-10 business day review. Is that normal, even for someone with good credit such as myself?

They manually review most applications regardless of scores. It's my understanding that most of the instant approvals are with current US Bank customers.

Re: US Bank Cash+

coldnmn — Mon, 01 Jun 2015 21:50:57 GMT

Yes a friend had 800 scores also and he got the same 7-10 day notice. When US Bank offered me a link for a SP CLI and I got the congratulations on both my Cash+ and Ace Rewards I still had to wait until manual review before getting it. You should have a lock on approval! Congratulations!

Re: US Bank Cash+

Sharingan — Mon, 01 Jun 2015 21:55:38 GMT

@Corvidae wrote:
Bit the bullet and decided to apply for the card. I got a 7-10 business day review. Is that normal, even for someone with good credit such as myself?

Yes, it is completely normal with U.S. Bank. It is a very good sign if you get the screen that asks if you would like to add an authorized user to "your" card or account or something like that. I saw that screen and got the email and card a week and a half later. U.S. Bank has definitely been toughest lender I've applied to for a card.

Re: US Bank Cash+

coldnmn — Mon, 01 Jun 2015 22:08:50 GMT

US Bank status phone number 1-800-947-1444

Re: US Bank Cash+

Anonymous — Mon, 01 Jun 2015 23:28:50 GMT

Congrats...you should have the new card. When I applied, at first I was declined, called that number for recon, and after asking about the other new cards, I was told I was approved. This card gets a lot of negativity from people on myFICO, however I see US Bank as good as most of the other rewards cards out there. I personally like the 5% for paying my cell phone bill monthly with the Cash+ card.

Re: US Bank Cash+

Noctilum — Tue, 02 Jun 2015 01:13:00 GMT

Thanks for the info everyone. I did see the screen to add an authorized user so that is promising. I definitely can't wait to get that 5% locked in for my cell phone bill and fast food. Outside of gas for one quarter, my Chase Freedom looks to be going into hibernation and Double Cash will make up for the other stuff.

Re: US Bank Cash+

-Cal- — Tue, 02 Jun 2015 03:38:49 GMT

@Corvidae wrote:
Thanks for the info everyone. I did see the screen to add an authorized user so that is promising. I definitely can't wait to get that 5% locked in for my cell phone bill and fast food. Outside of gas for one quarter, my Chase Freedom looks to be going into hibernation and Double Cash will make up for the other stuff.

Out of curiosity, how much is your cell phone bill? I see a lot of people talk about it as if they'd be getting a ton of cash back.

Re: US Bank Cash+

Anonymous — Tue, 02 Jun 2015 03:53:29 GMT

I'd like that card if it also included the cell phone insurance like Wells Fargo. My Verizon bill averages $250.00 a month so I'd be getting $12.50 back each month with this 5% back card. But I'm saving about $40.00 a month by not carrying Verizon Assurion insurance on each device and paying with Wells Fargo CC.

Re: US Bank Cash+

-Cal- — Tue, 02 Jun 2015 04:18:29 GMT

@Anonymous wrote:
I'd like that card if it also included the cell phone insurance like Wells Fargo. My Verizon bill averages $250.00 a month so I'd be getting $12.50 back each month with this 5% back card. But I'm saving about $40.00 a month by not carrying Verizon Assurion insurance on each device and paying with Wells Fargo CC.

$250 wow, the insurance thing makes sense.

Re: US Bank Cash+

Anonymous — Tue, 02 Jun 2015 11:22:08 GMT

My Verizon bill is about $250 per month too. And, for 5 lines with smartphones, it's not bad really. What cracks me up is Sprint - cut your bill in half, but you only have half the coverage of Verizon in my area.

US Bank 5% for cell phones is a good deal and that's a major reason I got this card too.

Re: US Bank Cash+

Noctilum — Tue, 02 Jun 2015 12:20:49 GMT

$450 for my phone bill

Re: US Bank Cash+

Noctilum — Wed, 10 Jun 2015 14:11:28 GMT

Just received my welcome e-mail. They never called to confirm anything. Was approved for the Cash+ Visa Signature so I am guessing my limit is at least $5,000 to get the Signature version but doesn't state in the e-mail.

Re: US Bank Cash+

Anonymous — Wed, 10 Jun 2015 14:52:08 GMT

@Corvidae wrote:
Just received my welcome e-mail. They never called to confirm anything. Was approved for the Cash+ Visa Signature so I am guessing my limit is at least $5,000 to get the Signature version but doesn't state in the e-mail.

Several reported banks have modified their stance on the $5K CL for a Visa SIgnature. However, to my knowledge US Bank still stands firm that you must have $5K to receive their Visa Signature. So likely you made the cut as the US Bank Cash+ Visa only comes as a Signature. Congrats!!!

Re: US Bank Cash+

Anonymous — Wed, 10 Jun 2015 18:23:38 GMT

Congrats on your approval and welcome to the U.S. Bank Cash + family! Just like others stated, definetly a VIsa Signature if it is a Cash +. If your email has all the Cash+ signs that they love to put in then you are golden. Only thing with U.S. Bank is that they state something along the lines of "if we can't approve you for a Cash + we will send out a regular Cash card".

EDIT: You said you were approved for Cash + so nevermind on that. Congrats again.

I had that issue with them when I started building credit, but with your scores I see no problem