A few months back, I posted that one of my favorite credit cards for business travel, the U.S. Bank Cash+ card was capping the amount you could earn on the 5% categories, making the card much less attractive to business travelers.
When I arrived home yesterday night, I found a letter in my mailbox from U.S. Bank. The relevant part follows:
In July, you were sent a letter informing you of changes to your U.S. Bank Cash+ Visa Signature card. In the letter we reinforced the benefits of your card. One of the benefits mentioned included a misprint. The benefit stated:
- 5% cash back on your first $2,000 in net purchases each quarter on the combined two categories YOU CHOOSE (like Restaurants or Department Stores).
At this time, you do not have a $2,000 quarterly cap on your 5% cash back categories. In the coming months, a cap will be implemented and you will be notified in advance of the change.
The bottom line: The U.S. Bank Cash+ card now earns unlimited 5% cash back on the categories you choose…for now.
I guess this card is going back in my wallet.
I havd been meaning to get that card for 5x on charitable donations, I need to swing through home in MSP before end of the year to apply in branch.
Let me know when you do swing through MSP. If I’m in town, maybe we can grab coffee.