How to Choose the Best US Bank Credit Card
Here’s how to find the best US Bank credit card for you:
- Decide what type of credit card you want.
- Select US Bank credit cards from this category.
- Compare the cards and choose your favorite.
By choosing a type card first, you can narrow down your options. Here are the types of credit cards offered by US Bank:
If you’re not sure which type of card is right for you, think about the main reason you’re buying a new credit card.
Do you want to earn rewards on qualifying purchases? Both cash reward cards and travel reward cards are good options. Are you trying to create credit? A secured credit card, which requires a security deposit to open, is usually easy to obtain even if you have no credit history. Are you looking for a good credit card APR? Start with a card that offers a 0% introductory APR.
After choosing a type of card, you can compare the US bank credit cards that suit your needs. See what they offer and choose the one you like the most. To quickly compare multiple credit cards, use The Ascent’s credit card comparison tool.
What credit score do you need for a US Bank credit card?
The credit score you need for a US Bank credit card varies depending on the card. The US bank offers credit cards to consumers in all credit ranges, including those with low credit scores or who have no credit history. Getting approved for a credit card is all about finding the card that’s right for you.
The easiest credit cards to get with US Bank are its secured credit cards. To open a US Bank Secured Card, you must pay a security deposit equal to the starting credit limit. This type of card is the best choice if your credit score is below 600 or if you don’t have a lot of credit history yet.
Learn more: Secured vs. Unsecured Credit Cards: What Should You Get?
If your credit score is higher then you could be eligible for a US bank card with more features. The best cards from the card issuer usually require a credit score of at least 670.
How to Maximize the Rewards of a US Bank Credit Card
Here are some tips to help you maximize the rewards from your US Bank credit card.
Choose the right card
Each US Bank Reward Card has bonus categories where it earns more. You can find cards that earn more on meals, travel, and even in the bonus categories you choose. Choose a card with a bonus category (or multiple categories) where you usually have high monthly expenses in order to earn more rewards.
Get a signup bonus
Several US bank cards offer valuable sign-up bonuses. A signup bonus is a special offer for new cardholders, such as 50,000 points for spending $ 3,000 in the first 120 days after opening the account. Pick a card with a good bonus and make sure you spend enough to benefit from it.
Put every purchase on your US bank card
You earn rewards on your purchases, so make the most of it. Use your US Bank loyalty card for all your expenses. Avoid using your debit card or cash, as you won’t earn points or refunds that way.
Pay your credit card bill in full
It’s great to earn rewards, but in order to make those rewards worth it you also need to avoid interest charges on credit cards. Every time you pay your credit card bill, pay the full statement balance. If you do this, you won’t have to pay interest on your purchases.
Redeem rewards for maximum value
Find out about the different ways you can use the rewards on your card and the value they offer. It’s pretty straightforward with a cash back card. You can redeem it as a credit on your credit card statement or as a direct deposit to a bank account with US Bank. If you own a card that earns reward points, there may be a variety of redemption options.
One final strategy that works well for maximizing credit card rewards is to get more than one credit card. If you have more than one US Bank credit card, you can get more signup bonuses and earn bonus rewards in more spending categories.
Managing multiple credit cards is more difficult than managing just one. If you think that carrying multiple cards might cause you to spend more or that you might miss payments, it’s best to stick to one. But if you’re sure that won’t be a problem, you might want to consider adding another US bank card to your wallet.