US Bank Cash+ or Discover It

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
5 posts
ckkiw8
Platinum Member
Platinum Member
 
Posts: 53
Joined: Thu Nov 10, 2011 8:51 am
Location: USA

US Bank Cash+ or Discover It

Postby ckkiw8 » Thu Mar 28, 2013 1:35 pm

Hi, I have been eyeing the US Bank Cash+ since it came out (obviously before the changes were made) and thought I would get that card or the Discover IT next. Now I am opeing an account at a local US Bank branch in the coming month and thought that if I was to get the Cash+ card, then now would be time time to avoid extra credit pulls. Should I go for it or go for the Discover IT? I have yet to find out if the Cash+ card has any intro offers as it says on the website "see branch for details" and I haven't seen the branch yet :cool: but I do know that the Discover IT is offering 0% for 14 months.
Thanks!
Amex BCE (25K), Amex Costco (7K), Citi Forward (12K), Chase Disney (15k), Chase Freedom (18K), Chase Sapphire (8K), GE Capital Gap Visa (8K), US Bank Cash+ Visa (13K), Business: Chase Ink (17k), Not Used: BofA Royal Carib Visa (11K), Home Depot Store Card (5K)
Credit Score: 830


Sevenfeet
Centurion Member
Centurion Member
 
Posts: 532
Joined: Thu Jan 17, 2013 7:20 pm
Location: United States

Postby Sevenfeet » Thu Mar 28, 2013 2:04 pm

I apped for both on the same day last month. Discover pulled Equifax and US Bank pulled Experian. Of course, your mileage may vary.
Cards:
American Express Platinum (NPSL)
Penfed Platinum Reward Visa ($28K)
Chase Freedom Visa ($25K)
Fidelity American Express ($20K)
American Express Blue Cash Preferred ($20K)
Bank of America Cash Rewards MasterCard ($20K)
Citi Thank You Preferred Visa ($9.5K)
Chase Sapphire Preferred ($7.5K)
US Bank Cash + Visa Signature ($7K)
Discover IT ($4K)

TheLethargicAge
Centurion Member
Centurion Member
 
Posts: 322
Joined: Tue Oct 16, 2012 11:20 pm
Location: Miami, Cuba

Postby TheLethargicAge » Thu Mar 28, 2013 2:51 pm

While picking the categories for the next quarter, it dawned on me that the Cash+, without 5% On Bill Pay, really doesn't offer anything extraordinary. Once I get Ink Cash (5x points on cell phone), I'll just use the Cash+ as my "food" card (groceries, fast food, and restaurants).
Blue Cash Preferred ($24K), Costco TrueEarnings ($8K), Better Balance Rewards ($6K), CashForward ($15K), Sallie Mae Rewards ($10K), Quicksilver ($17K), AARP Rewards ($15K), Freedom ($15K), Double Cash ($16.5K), It ($28.5K), Fidelity Investment Rewards ($18K), Cash+ ($11K)

RewardHop
Centurion Member
Centurion Member
 
Posts: 307
Joined: Wed Jan 02, 2013 3:43 pm
Location: USA

Postby RewardHop » Thu Mar 28, 2013 10:18 pm

TheLethargicAge wrote:While picking the categories for the next quarter, it dawned on me that the Cash+, without 5% On Bill Pay, really doesn't offer anything extraordinary. Once I get Ink Cash (5x points on cell phone), I'll just use the Cash+ as my "food" card (groceries, fast food, and restaurants).


Have you seen this about the Cash+ bill pay category?
http://creditcardforum.com/rewards/6604-very-good-news-us-bank-cash-members.html
[size=60]
Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]

nishant
Centurion Member
Centurion Member
 
Posts: 120
Joined: Wed Dec 19, 2012 10:07 am
Location: Chicago

Postby nishant » Fri Mar 29, 2013 8:25 am

With US Bank Cash + categories becoming less attractive, I have started following strategy to maximize cash back.

1) Use Chase ink for 5% cashback on cell phone and internet
2) Use FenFed Amex for 5X for standalone flights- No annual fee
3) Use SallieMae MC for groceries- 5% cash back on $250 per month which is enough for me.It also gives $750 per month on books
4) Use Citi Forward for fast food, restaurant and movies for 5% cash back
5) Use all purchases which can not fall under any bonus categories ( Like Netflix or Sams Club) on DIscover which gives 1%. Then use cashback for 50% discount for gift card. For example, You get $40 gift card for rental car for $20 using discover.com redemption.
6) Use PenFed Gas card for 5% cash back
6) Use US cash + for 5% cash back on any hotel stay and 5% for departmental stores.

This covers most of my categories



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