Smartly V1 is changing on September 15th

AskPatient1281 · ‎07-25-2025

"earn unlimited 2% cash back on every purchase with no caps"
"earn up to an additional 2% cash back [the "Smartly Earning Bonus"] on your first $10,000 in eligible Net Purchases each billing cycle when paired with a U.S. Bank Smartly Savings account and average daily combined qualifying balances in U.S. Bank deposit, trust or investment accounts" with $100K+ in qualifying balance required for a total of 4% cash back
exclude* certain categories of purchases "from earning the Smartly Earning Bonus": (1) "Education/school, gift cards, insurance, or tax"; (2) "Business-to-business transactions (i.e., advertising services, construction material suppliers, etc.)"; and (3) "Transactions using third-party bill payment services." "These purchases will earn the base 2% cash back and are not calculated as part of the $10,000 billing cycle cap."

PS: just checked the mail. I did not receive any notice myself.

Source: https://www.bogleheads.org/forum/viewtopic.php?p=8455993&sid=1f771a4d1f9511fe12ed6795d5a4ab4a#p84559...

ptatohed · ‎07-25-2025

Hmmmm. Sux but I think I can live with this. Thanks for the info.

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

swankytiger · ‎07-25-2025

also being reported on DoC.

Main Cards 1/6 1/12 4/24

Sock Drawer

Chopping Block

salt_water_swimming · ‎07-25-2025

I find your terms acceptable, for now

P2 Chase Ink Business Preferred 7,500 CL

Chase World of Hyatt Business Card CL 11,000

Chase United Mileage Plus Explorer CL 10,000

G2244 · ‎07-25-2025

@salt_water_swimming wrote:
I find your terms acceptable, for now

Agreed. It could be much worse. If gets worse later, will re-evaluate then.

5% Capped Cash Back:

US Bank Cash+ Visa Signature - Phone & Utilities $2000/calendar quarter

Citi Custom Cash Mastercard World Elite - Restaurants $500/statement

4% ~~Unlimited~~ Capped Cash Back:
 

US Bank Altitude Connect Visa Signature - Travel (Unlimited) and Gas/EV Charging $1000/statement quarter

US Bank Smartly Visa Signature v1 (OG) for Everything Else - $10000/statement

3% Unlimited Points:

ATMOS Rewards Summit Visa Infinite - Dining & Foreign Purchases

Holding As Back Up Plan For Future US Bank Nerfs (3% Capped Cash Back):

US Bank Altitude Reserve Visa Infinite - Mobile Wallet $5000/statement

Waiting to see which issuer takes over:

Apple Card Mastercard World Elite - 0% Financing on Apple Purchases

ptatohed · ‎07-25-2025

What falls under "third-party bill payment services"?

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

swankytiger · ‎07-25-2025

prob something like Plastiq

Main Cards 1/6 1/12 4/24

Sock Drawer

Chopping Block

TrapLine · ‎07-25-2025

The paper letter arrived in the mail today Friday, July 25, 2025. Held my breath and like the rest of you, it looks liveable.

US Bank needs to be consistent and not forever be changing product terms. Give'em a year or two. The game, keep us confused and we won't know the difference. Of banks, US Bank has had some good card offerings ... leave them alone!

creditrizz · ‎07-25-2025

The inability to use it on taxes is a pretty major cut, but theres still some value to it. Probably just barely enough value to justify sticking with their crap brokerage platform

Equifax:833, TransUnion:830, Experian: 832

NoMoreE46 · ‎07-26-2025

I got this card for the Taxes and Insurance.

I know someone here uses this for tuition.

Dang, well maybe I can get the AR. Nope.

@creditrizz wrote:
The inability to use it on taxes is a pretty major cut, but theres still some value to it. Probably just barely enough value to justify sticking with their crap brokerage platform