U.S. Bank stopped accepting new applications for the Shopper Cash Rewards in July, so this card is now only relevant to people who already hold it. For current cardholders, the appeal is 6% cash back at two retailers you choose each quarter, such as Amazon, Costco, Target, or Walmart, plus 3% on one everyday category of gas, wholesale clubs, or utilities. Both rates are capped at $1,500 per quarter, and the 6% applies only at the retailers you pick, not to online shopping in general. The catch is the $95 annual fee after the first year, which you need to earn back on capped categories, while everything else earns 1.5%. If you use the 6% picks heavily, it can still justify the fee; if not, no-fee alternatives like the U.S. Bank Cash+ or a flat 2% card may serve you better.
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 |