• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Credit Card and banking reviews

AllCards.com

Credit Cards, Banking, and Cash Back

  • Best Credit Cards
    • Best Overall Credit Cards
    • Interest Free Credit Cards
    • Balance Transfer Credit Cards
    • Secured Credit Cards
    • Student Credit Cards
    • Metal Credit Cards
  • Cash Back Cards
    • Credit Card Signup Bonuses
    • Best Business Credit Card Signup Bonuses
    • Groceries
    • Streaming Services
  • Cards by FICO Score
    • 500 – 600
    • 600 – 650
    • 650 – 700
    • 700 to 750
  • Compare Cards
    • Ink Business Cash vs. Ink Business Unlimited
    • Chase Sapphire Preferred vs. The Amex Platinum Card
    • Citi® Double Cash vs. Discover It
    • Chase Sapphire Preferred vs. Blue Cash Preferred
    • Citi Double Cash vs. Citi Custom Cash
    • Ink Business Cash vs. Ink Business Premier
    • Capital One Venture vs. Capital One Quicksilver
    • Chase Freedom Unlimited vs. Chase Sapphire Preferred
    • Citi Custom Cash vs. Discover It
    • Citi Custom Cash vs. Blue Cash Everyday
  • Banking
    • Best Interest Rates
    • Savings Accounts
    • Money Market Accounts
    • Free Checking Accounts
    • High Yield Checking Accounts
    • Business Checking Accounts
    • Bank Accounts for Kids & Teens
    • Best Online Banks
    • Best Bank Bonuses
  • Bank CD Rates
    • No-Penalty CD Rates
    • 3-Month CD Rates
    • 6-Month CD Rates
    • 1-Year CD Rates
    • 18-Month CD Rates
    • 2-Year CD Rates
    • 3-Year CD Rates
    • 4-Year CD Rates
    • 5-Year CD Rates
  • Calculators
    • Emergency Fund Calculator
    • CD Interest Calculator
    • Savings Calculator
    • Credit Card Payoff Calculator
    • Debt Payoff Calculator
    • Loan Payment Calculator
You are here: Home / Credit Cards / U.S. Bank Cash+ Visa Secured

U.S. Bank Cash+ Visa Secured

June 24, 2022 by Gail Kellner

The U.S. Bank Cash+® Visa® Secured Card is a secured card designed for people who need to establish or rebuild their credit. It offers up to 5% cash back while rebuilding your credit, but it comes with a high APR at 26.74%, plus you need to put down a security deposit. We dive into the details and your approval odds in this U.S. Bank Secured review.

U.S. Bank Cash+® Visa® Secured Card
Our Rating
4.6/5.0
Welcome Offer
None
Annual Fee
$0
0% on Purchases
None
Rewards Rate
1% - 5%
0% on Balance Transfers
None

Rewards

5% cash back
All eligible purchases
On your first $2,000 in combined eligible purchases each quarter in two categories you choose (Streaming, home utilities, ground transportation, select clothing stores, cell phone providers, electronics stores, gyms, fast food, sporting good stores, department stores, movie theaters and/or furniture stores
5% cash back
Travel
5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center
2% cash back
All eligible purchases
On eligible purchases in your choice of one everyday category (like gas stations and EV charging stations, grocery stores and restaurants)
1% cash back
On all other purchases
1% cash back on all other eligible purchases3

Pros & Cons

Pros
  • No annual fee
  • Up to 5% cash back
Cons
  • No welcome bonus
  • High APR
  • Foreign transaction fee

Features & Benefits

SecurityEMV Chip Enabled, Fraud Monitoring, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsChoose your due date, 24/7 customer service
Travel PerksNone

Interest Rates & Fees

Annual Fee$0
Foreign Transaction Fee3% of each foreign transaction
Regular APR27.49% (V) APR

Our Take

How does the U.S. Bank Secured card compare?

The U.S. Secured Visa offers up to 5% cash back on some purchases, which is very generous for a secured credit card. It doesn't have an annual fee, although you need to put down a security deposit equal to your credit limit. There is also no annual fee. This makes the U.S Bank Secured card an excellent choice for anyone looking to rebuild their credit history.

Who is the U.S. Bank Secured card best for?

The U.S. Bank Secured Visa is an excellent card for those who are trying to establish or rebuild their credit and want a card that offers cash back on purchases.

Who would do better with a different card?

If you want to open a bank account as well, consider the Chime Credit Builder Visa Secured Card. You'll get a spending account with no interest charged, which could save you money. If you don't want to put down a security deposit at all, consider the Petal 1 Visa Card. It also allows you earn cash back on some purchases, although the APR can be high.

What Credit Score is Required to Get the U.S. Bank Secured

Based on data we’ve collected from public forums, a credit score of 690 or higher is ideal. We have seen an approval with a score as low as 672, but keep in mind that credit card issuers consider more than just your credit score when evaluating a credit card application.

App StatusDateCredit ScoreBureauCredit Limit
Approved12/22/2021
Experian
$5,000
Approved11/29/2021
Not Provided
$5,000
Approved10/24/2021
650
Not Provided
$300
Approved01/20/2022
703
Experian
$2,000
Approved01/20/2022
719
TransUnion
$2,000
Approved01/20/2022
721
Equifax
$2,000

What are the best alternatives?

Secured Chime Credit Builder Visa® Credit Card
Secured Chime Credit Builder Visa® Credit Card

Rating

4.5

Rewards Range

N/A

Annual Fee

$0

Read Review
Capital One Platinum Secured
Capital One Platinum Secured

Rating

4.5

Rewards Range

Annual Fee

$0

Read Review
Capital One Quicksilver Secured Cash Rewards Credit Card
Capital One Quicksilver Secured Cash Rewards Credit Card

Rating

4.8

Rewards Range

1.5%

Annual Fee

$0

Read Review

Related Articles

  • 8 Best Credit Cards for a 500 Credit Score (Bad Credit)

Primary Sidebar

Advertiser Disclosure

AllCards has partnered with CardRatings for our coverage of credit card products. AllCards and CardRatings may receive a commission from card issuers.

Featured High Yield Bank Accounts

12-month CD via SaveBetter
APY: 5.01%

27-month CD via SaveBetter
APY: 5.15%
12-month No Penalty CD via SaveBetter
APY: 4.60%

Preferred Savings
APY: 5.02%

 

Credit Cards by Category

  • Balance Transfer
  • 0% APR Cards
  • Cash Back
  • Travel
  • Miles
  • Business
  • Gas Rewards
  • Supermarket Credit Cards
  • Secured Credit Cards
  • Student Credit Cards
  • Prepaid Debit Cards

Credit Cards by Credit Score

  • 700 – 749
  • 650 – 700
  • 600 – 650
  • Under 600

Banking

  • Best Online Banks
  • Best Online Savings Accounts
  • Best CD Rates
  • Best Checking Accounts

Credit Cards by Issuer

  • American Express
  • Capital One
  • Chase
  • Citibank
  • U.S. Bank
  • Wells Fargo

Rate Disclosure

We work hard to make sure the information on this site is accurate. There is no guarantee, however, that it is. So please confirm rates, terms, and all other information directly with the bank, credit union, credit card issuer, or other financial institution before opening an account or otherwise making a financial decision.

About Allcards.com

Rob Berger founded allcards.com in 2008 to help consumers make data-driven decisions about credit cards and banking. A retired trial attorney, he’s written about credit cards, banking and personal finance since 2007, and is the author of Retire Before Mom and Dad.

  • Best Credit Cards of 2022
  • 0% Credit Cards
  • Best Cash Back Credit Cards
  • Best Travel Rewards Credit Cards
  • Credit Cards with Signup Bonuses
  • About
  • Contact
  • Privacy Policy
  • Terms of Use
  • RSS Feed

© 2022 A.R. Roberts LLC All Rights Reserved

Advertising Disclosure: allCards.com is an independent, advertising-supported blog offering financial product comparisons. We are compensated when users click links to or apply for sponsored financial products including, but not limited to, credit cards or bank/brokerage accounts. Credit card reviews and listings express the opinions of the author alone, and not those of any credit card issuer. The content has not been reviewed, approved or otherwise endorsed by the credit card advertisers. This compensation may impact how or where links appear on this site. This site does not include all available financial companies or offers.

Banking Content Disclosure: Content is not provided or commissioned by the bank advertiser(s). Opinions expressed here are author's alone, not those of the bank advertiser(s), and have not been reviewed, approved or otherwise endorsed by the bank advertiser(s). This site may be compensated through the bank advertiser(s) Affiliate Program(s).