U.S. Bank Smartly™ Visa Signature® Card
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The U.S. Bank Smartly™ Visa Signature® Card is a new daily driver credit card that earns 2% to 4% on all purchases and there’s no annual fee. If you already have a U.S. Bank Smartly Savings Account, this card is an excellent choice since you need one to earn cash back rates above 2%. You can earn 2.5%, 3%, or 4% cash back on all purchases when you also have a qualifying balance in a U.S. Bank deposit, trust, or investment account. However, to earn those cash back rates, you also have to redeem your cash back into an eligible U.S. Bank deposit account. Note that the card earns points that you redeem for cash back into your eligible U.S. Bank account. Other redemptions options like statement credits and gift cards may reduce the value of the points. We’ll dive into the details and the rewards tiers in this U.S. Bank Smartly Card review.
Our Rating
4.8/5.0
Welcome Offer
None
Annual Fee
$0
0% Intro on Purchases
12 months
Reward Rate
2% – 4% cash back
0% Intro on Balance Transfers
12 months
Welcome Offer
None
Editorial Review
What Is the Value of Your U.S. Bank Smartly™ Visa Signature® Card Rewards Over Time?
We enjoy seeing how much value you can get from your rewards when you choose to invest them. We call it Rewards Stacking. In the example below, we’ll assume someone spends $2,000 per month or $24,000 a year with this credit card. We’ll also assume the card holder pays off the balance in full every month. Otherwise, the value of rewards is greatly diminished. Here’s how your rewards can grow over a period of 10 years and 20 years if you invest them every year at a 9% return rate.
| Annual charges | Cash back rate | Estimated annual cash back | Estimate after investing rewards at 9% return for 10 years | Estimate after investing rewards at 9% return for 20 years |
|---|---|---|---|---|
| $24,000 | 2% | $480 | $7,900 | $26,595 |
| $24,000 | 2.5% | $600 | $9,875 | $33,243 |
| $24,000 | 3% | $720 | $11,850 | $39,892 |
| $24,000 | 4% | $960 | $15,800 | $53,189 |
Features & Benefits
| Security | EMV Chip Enabled, Zero Liability, Identity theft protection |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay, PayPal |
| Benefits | Free credit score access |
| Travel Perks | Concierge Services, Emergency Travel Assistance, Roadside Assistance |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of each foreign transaction |
| Regular APR | 18.74% to 28.99% (V) APR |
| Balance Transfers | 0% Intro APR for 12 months on balance transfers, then 18.74% to 28.99%(V) APR after that. |
| Balance Transfer Fee | Either 3% of the amount of each transfer or $5 minimum, whichever is greater. |
| Purchases | 0% Intro APR for 12 months on purchases, then 18.74% to 28.99% (V) APR after that. |
What Credit Score Is Required to Get the U.S. Bank Smartly™ Visa Signature® Card
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 756
Average Approved Credit Score: 793
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 11/14/2024 | TransUnion | ||
| Approved | 11/14/2024 | Experian | ||
| Approved | 11/14/2024 | Equifax | ||
| Approved | 11/11/2024 | Equifax | ||
| Approved | 11/11/2024 | Experian | ||
| Approved | 11/11/2024 | Equifax | ||
| Approved | 11/11/2024 | TransUnion | ||
| Approved | 11/13/2024 | TransUnion | ||
| Approved | 11/11/2024 | Experian | ||
| Approved | 11/11/2024 | TransUnion | ||
| Approved | 11/11/2024 | Equifax | ||
| Approved | 11/14/2024 | TransUnion | ||
| Approved | 11/12/2024 | Not Provided | ||
| Approved | 11/14/2024 | Not Provided |
Pros & Cons
- No annual fee
- Up to 4% cash back
- No welcome bonus
- High APR
- Foreign transaction fee
- Requires good credit
What Are the Best Alternatives?
Wells Fargo Active Cash® Card
Rating
4.9
Rewards Range
2%
Annual Fee
$0
Citi® Double Cash Card
Rating
4.9
Rewards Range
1% to 2%
Annual Fee
$0
Alliant Cashback Visa® Signature Credit Card
Rating
4.7
Rewards Range
1.5% - 2.5% cash back
Annual Fee
$0