U.S. Bank Smartly Visa Signature Card review: Earn 2% cash back or more on every purchase

The U.S. Bank Smartly Visa Signature Card offers a straightforward way to earn cash back on purchases. Cardholders receive a flat 2% cash back on every purchase, with no caps or categories to track. If you have a qualifying U.S. Bank account, such as a Smartly Savings or Smartly Checking account, you can earn up to double the cash back on eligible spending.

With a qualifying balance between $10,000 and $49,999, you can earn 4% cash back, increasing to 3% with a balance between $50,000 and $99,999, and 4% with a balance of $100,000 or more. The card also has a list of exclusions for the Smartly Earning Bonus, including education and insurance purchases. Cash back rewards can be redeemed as a deposit into a U.S. Bank account or as a statement credit.

The card comes with no annual fee, making it an attractive option for those seeking simple, high-reward cash back. However, cardholders must maintain an active account to avoid rewards expiration. While the U.S. Bank Smartly Visa Signature does not offer a welcome bonus or travel perks, it can be a valuable addition to a wallet seeking straightforward, high-reward cash back options.