The Shopper Cash Rewards had a genuinely unusual structure: 6% back at two retailers you choose each quarter from a list including Amazon, Apple, Costco, Target, and Walmart, on up to $1,500 in combined spending, plus 3% in one chosen everyday category and a 1.5% base rate. U.S. Bank stopped accepting new applications on July 21, 2026, so the only people this matters to now are existing cardholders. If you are one of them, the question is whether your two retailer picks reliably fill the $1,500 quarterly cap, because the $95 annual fee is only waived for the first year and the 6% rate applies solely at the specific merchants you select, not to online shopping generally. Spending beyond the cap falls to 1.5%, the same as the base rate. If your shopping doesn't concentrate at two big retailers, a flat-rate or category card is a cleaner fit.
Earn rates & credits
| Category | Rate |
|---|---|
Online Shopping Choose 2 retailers each quarter (Amazon, Apple, Costco, Target, Walmart, etc.), up to $1,500 combined. Earns at chosen retailers in-store, online, or by phone — not generic online shopping. on first $1,500/qtr, then 1.5% | 6% |
Hotels & Car Rentals (via Portal) Hotel and car reservations booked in the Travel Center | 5.5% |
Choose 1 category Choose 1 everyday category each quarter, up to $1,500 | 3% |
Everything Else | 1.5% |
| Benefit | Value |
|---|---|
First-Year Annual Fee Waiver $0 annual fee for the first year, then $95 | $95 |
Card details
Regular APR | 18.74%–28.74% variable |
Foreign transaction fee | Yes |