topic Re: Now signup bonus with US Bank Cash+ card in Credit Cards

Now signup bonus with US Bank Cash+ card

uswala — Mon, 13 Apr 2015 17:41:51 GMT

I do not know if this has been posted before but I saw today that US Bank is offering $100 Cash Back with US Bank Cash+ Visa Signature Credit Card w/ $500 Spent in First 3 Months:

https://www.usbank.com/splash/credit-cards/cash-plus/aff/index.html?PID=1225267

Re: Now signup bonus with US Bank Cash+ card

Imhotrodcrazy — Mon, 13 Apr 2015 18:15:34 GMT

They must be hurting for customers.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 18:44:08 GMT

@Imhotrodcrazy wrote:
They must be hurting for customers.

Not surprising

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 19:12:51 GMT

@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising

The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.

So as part of my "Cash Plus is sort of OK" grass roots movement (membership almost 2):

1) Given: Cash + isn't as good as it used to be

a) but that's because it used to be very very very good, perhaps the best card out there for generating cash back

b) evaluate it now, not against what it used to be

2) For some, fixed selectable categories are going to be more valuable than rotating categories chosen by the issuer

3) Yes, they don't have restuarants, neither does Freedom or Discoer most of the year, or the much loved Sallie Mae for example.

4) It has $2K a quarter cap, better than $1,500 of Discover (or Freedom in cash back mode)

I encourage people to look at it and see (as a non-AF) if it can provide added value for one-off or infrequent purchases in various categories. Because you can select, you can choose electronics when you are planning to buy a computer, bookstores when you need to spend more at Amazon etc.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 19:16:11 GMT

It looks like in addition to adding the signup bonus, they've also added back online application. The Cash+ used to be branch or phone only.

Re: Now signup bonus with US Bank Cash+ card

kdm31091 — Mon, 13 Apr 2015 19:21:34 GMT

Its a shame because they've made it available online and given it a bigger bonus AFTER removing many (but not all) of the more broadly useful categories. I don't think its a bad card, but its nothing I care about getting at this point. For some, it can still be useful with the remaining categories.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 19:22:41 GMT

@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.

So as part of my "Cash Plus is sort of OK" grass roots movement (membership almost 2):

1) Given: Cash + isn't as good as it used to be
a) but that's because it used to be very very very good, perhaps the best card out there for generating cash back
b) evaluate it now, not against what it used to be
2) For some, fixed selectable categories are going to be more valuable than rotating categories chosen by the issuer
3) Yes, they don't have restuarants, neither does Freedom or Discoer most of the year, or the much loved Sallie Mae for example.
4) It has $2K a quarter cap, better than $1,500 of Discover (or Freedom in cash back mode)

I encourage people to look at it and see (as a non-AF) if it can provide added value for one-off or infrequent purchases in various categories. Because you can select, you can choose electronics when you are planning to buy a computer, bookstores when you need to spend more at Amazon etc.

I don't hate the card I simply didn't see a use for it after they removed the 5% year round restaurant category. That was the only thing that made it truly appealing to me but that doesn't mean its a terrible card in general for everyone else now.

3) Yes, they don't have restuarants, neither does Freedom or Discover most of the year, or the much loved Sallie Mae for example. <<<< But this is exactly why it was so appealing to me in the first place bc it provided something my other cards did not (as far as I know no others do either at this point, Upromise does not count) and would have filled a needed benefit at a rate of 5%. Alas its gone so not worth it to me.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 19:27:00 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.

So as part of my "Cash Plus is sort of OK" grass roots movement (membership almost 2):

1) Given: Cash + isn't as good as it used to be
a) but that's because it used to be very very very good, perhaps the best card out there for generating cash back
b) evaluate it now, not against what it used to be
2) For some, fixed selectable categories are going to be more valuable than rotating categories chosen by the issuer
3) Yes, they don't have restuarants, neither does Freedom or Discoer most of the year, or the much loved Sallie Mae for example.
4) It has $2K a quarter cap, better than $1,500 of Discover (or Freedom in cash back mode)

I encourage people to look at it and see (as a non-AF) if it can provide added value for one-off or infrequent purchases in various categories. Because you can select, you can choose electronics when you are planning to buy a computer, bookstores when you need to spend more at Amazon etc.
I don't hate the card I simply didn't see a use for it after they removed the 5% year round restaurant category. That was the only thing that made it truly appealing to me but that doesn't mean its a terrible card in general for everyone else now.

3) Yes, they don't have restuarants, neither does Freedom or Discover most of the year, or the much loved Sallie Mae for example. <<<< But this is exactly why it was so appealing to me in the first place bc it provided something my other cards did not (as far as I know no others do either at this point, Upromise does not count) and would have filled a needed benefit at a rate of 5%. Alas its gone so not worth it to me.

I get that for some that was the big attraction. But my point is it might STILL have some value in other categories, even if very infrequently. Some of the categories really aren't covered much by other cards, and with no AF etc....

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 19:29:42 GMT

The card still works out well for me, I use it for electronics and fast food. Luckily, the only restaurant I frequent is coded as fast food.

Re: Now signup bonus with US Bank Cash+ card

barthooper — Mon, 13 Apr 2015 19:34:28 GMT

Even after the restaurant fiasco I was still on the fence, nudging toward wanting to apply for it, because I could still get use out of the categories. I'll probably wait a month or two and maybe give it a shot. I'd probably do it sooner than that but I might need an auto loan next month, not sure yet.

Re: Now signup bonus with US Bank Cash+ card

Imhotrodcrazy — Mon, 13 Apr 2015 20:53:53 GMT

@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.
_____________________________________________________________________________________________________________________________

You assume way to much about people, and their comments. First, I do not hate US Bank. nor did I say that I did. I chose to discontinue my business with them because they lied to me on more than one occasion. I only deal with honest people in business. You need to think before you speak.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 21:00:49 GMT

@Imhotrodcrazy wrote:
@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.
_____________________________________________________________________________________________________________________________

You assume way to much about people, and their comments. First, I do not hate US Bank. nor did I say that I did. I chose to discontinue my business with them because they lied to me on more than one occasion. I only deal with honest people in business. You need to think before you speak.

I was actually talking more generally than you, the "Nerf +" stuff is relatively prevalent. And no, I don't need to think before I speak, any more than you need to stop assuming that comments are soley about you.

Re: Now signup bonus with US Bank Cash+ card

-Cal- — Mon, 13 Apr 2015 21:09:12 GMT

This card is definitely on my radar. I would use Sporting Good and Fast Food for my 5% categories. I spend a few grand per month on sporting goods, 5% will beat the 2% I'm currently getting from DC.

Re: Now signup bonus with US Bank Cash+ card

Imhotrodcrazy — Mon, 13 Apr 2015 21:14:31 GMT

@Anonymous wrote:
@Imhotrodcrazy wrote:
@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.
_____________________________________________________________________________________________________________________________

You assume way to much about people, and their comments. First, I do not hate US Bank. nor did I say that I did. I chose to discontinue my business with them because they lied to me on more than one occasion. I only deal with honest people in business. You need to think before you speak.

I was actually talking more generally than you, the "Nerf +" stuff is relatively prevalent. And no, I don't need to think before I speak, any more than you need to stop assuming that comments are soley about you.

You referenced me in your comments, so yes, it was reflected at Heavenly Flower and myself, so I voiced my opinion, as you did. Don't have a hissy fit.

Re: Now signup bonus with US Bank Cash+ card

Kenny — Mon, 13 Apr 2015 21:15:07 GMT

It's surprising that this is now available to be applied for online. Or at least it allowed me to do it. (I've already got this card, so I didn't apply but just was curious if it would allow any person to do it.)

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 21:16:06 GMT

@Imhotrodcrazy wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
@Anonymous wrote:
@Anonymous wrote:
@Imhotrodcrazy wrote:
They must be hurting for customers.
Not surprising
The continual Cash Plus hate is surprising to me. When Chase (or any other lender) increases the sign up, that's considered a great opportunity, not a sign that the issuer must be desperate.
_____________________________________________________________________________________________________________________________

You assume way to much about people, and their comments. First, I do not hate US Bank. nor did I say that I did. I chose to discontinue my business with them because they lied to me on more than one occasion. I only deal with honest people in business. You need to think before you speak.

I was actually talking more generally than you, the "Nerf +" stuff is relatively prevalent. And no, I don't need to think before I speak, any more than you need to stop assuming that comments are soley about you.
You referenced me in your comments, so yes, it was reflected at Heavenly Flower and myself, so I voiced my opinion, as you did. Don't have a hissy fit.

Sorry, I don't think it is me that is having a hissy fit! But ok.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 21:20:46 GMT

They pull TU or EQ dont they,

Re: Now signup bonus with US Bank Cash+ card

B335is — Mon, 13 Apr 2015 21:22:11 GMT

It kind of makes you wonder a few things:

1) If US Bank was actually losing money on it pre-Nerf'ing, how much they were losing?

2) If US Bank wasn't losing money, how much profit they forecasted to gain?

3) How many customers ditched the card?

I've had the card awhile and have alway used it for gym memberships, so it still works well for me.

Re: Now signup bonus with US Bank Cash+ card

B335is — Mon, 13 Apr 2015 21:22:55 GMT

@Anonymous wrote:
They pull TU or EQ dont they,

Sometimes EX, depends where you live and/or their mood.

Re: Now signup bonus with US Bank Cash+ card

Anonymous — Mon, 13 Apr 2015 21:28:19 GMT

I always dreaded their ARS/IDA/Random unknown bureau pulls.

I may try for a Club Carlson in 6mos.