Oh, absolutely... my rule of thumb is: if the bank has a large network of ATMs, it will never offer demand deposit accounts with interest rates anywhere close to competitive. It's gotta spend that money on ATM maintenance. None of the major banks nor most of the major CUs should be used to hold money in deposit accounts. Transfer in, transfer out, repeat. PNC was a bit of an exception to this when it offered a linked HYSA in my area; it no longer does.
I always love banks that offer customers 0.1% interest on their savings instead of 0.05% if the customer has a "relationship" with the bank. 
Sorry that US Bank wasted so many peoples' time! I have a checking account tied to a business checking account with them just so I can occasionally deposit cash into one of their nearby ATMs. The free business account waives the personal checking account monthly fee. I keep a buck fifty in both.
IMHO it's only a matter of time before those who got the "good" letter get a "bad" letter.
@bs1234 wrote:My statement still hasn't closed (possibly today) but online I now see
2 Extra Pt: Smartly Earn Bonus-10K cap +5,325
Which is annoyingly 4 points less than I calculate! And given the numbers it;s not as if some transaction didn't qualify for 4%. Not worth my time to call about it, and lacking a per-transaction breakdown, impossible to isolate!
My statement has closed, I did a data download for the same date range, compared statement and "csv" file to make sure same records were included. My base 2% was also off, however only 2 points and in my favor, so I made 1c.
71 transactions over the full statement and 43 from the 15th to end of statement cycle.
The difference between 4% and 2% let me find possible set's of problem Mcc codes.
Have 4 possible combinations for which rewards were reduced to 2% not getting the 4%.
It will take another month or two with different spend amounts to iron out which set's are in which bucket.
Have a database with all my Mcc codes used and field for which prove to be 4% or 2% only.
In a couple of months any one wanting a go/no-go list of Mcc's, let me know and I will PM.
Everyone's spend is different but every proven 4% limits the possible set of Mcc's that fall into the 2%.
My data might help other, spreadsheet--database users trying to separate the numbers. 
@Kforce wrote:
Have a database with all my Mcc codes used and field for which prove to be 4% or 2% only.
In a couple of months any one wanting a go/no-go list of Mcc's, let me know and I will PM.
Everyone's spend is different but every proven 4% limits the possible set of Mcc's that fall into the 2%.
My data might help other, spreadsheet--database users trying to separate the numbers.
I will pay my property tax bill later this month and really want to see what happens! In previous quarters, because I paid by credit card I get two charges, one the actual tax, the other for the (2.95%?) convenience fee. The first is coded as utilities, the second as tax. So if I still get 4% on the utilities charge (and 2% on the convenience fee) I'll still be ahead, otherwise back to echeck.
@bs1234 wrote:I will pay my property tax bill later this month and really want to see what happens! In previous quarters, because I paid by credit card I get two charges, one the actual tax, the other for the (2.95%?) convenience fee. The first is coded as utilities, the second as tax. So if I still get 4% on the utilities charge (and 2% on the convenience fee) I'll still be ahead, otherwise back to echeck.
If property tax codes as a utility you are extremely lucky. 
@Kforce wrote:
@bs1234 wrote:I will pay my property tax bill later this month and really want to see what happens! In previous quarters, because I paid by credit card I get two charges, one the actual tax, the other for the (2.95%?) convenience fee. The first is coded as utilities, the second as tax. So if I still get 4% on the utilities charge (and 2% on the convenience fee) I'll still be ahead, otherwise back to echeck.
If property tax codes as a utility you are extremely lucky.
Yes, it lists it as utility on the online display, MCC is 09399 which is Government Services not otherwise.... According to Reddit, some real utilities (from a city/town) code this way and are not counted as utilities by Cash+. Question is whether Smartly will decide these are taxes!
The convenience fee codes as 9311, which is certainly taxes
