Our illustration, not the card’s design
US Bank credit card
U.S. Bank Smartly™ Visa Cash Back Credit Card
- APR up · 17.74% to 18.49% · Oct 8, 2026
No annual fee. Purchase APR 17.99–28.24%, variable.
Checked Nov 1, 2026Updated
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
Issuer's page · onboarding.usbank.com
The source states this figure; we have no exact sentence on file yet.
- Purchase APR · variable
- CFPB credit card survey, Dec 2025Receipt · Purchase APRChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
Issuer's page · onboarding.usbank.com
“3% of each foreign transaction”
Select an underlined figure to see where it comes from.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $240 | $240 | |
| Typical spender | $600 | $600 | |
| Heavy spender | $1,320 | $1,320 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
$240a year
The same in the first year and after.
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500.
$600a year
The same in the first year and after.
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.
$1,320a year
The same in the first year and after.
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
Worth more to a typical spender than about 100% of the 732 cards we track.
- No annual fee, like about 100% of the 50 cards on our No annual fee list (see the list).
- Lower top APR than about 30% of the 651 cards we track.
Other cash back cards with no annual fee
- Citizens Summit World MastercardCitizens · No annual fee+$10 a year
- Wells Fargo Cash Back Credit CardWells Fargo · No annual feeabout the same
- Credit One Bank Omni RewardsCredit One · No annual feeabout the same
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
U.S. Bank Smartly™ Visa Signature® Card
How you earn
- 2%
- Everything else
Cash back, as a share of each purchase.
Changes
- Oct 8, 2026 APR 17.74% to 18.49%
Only changes that held for at least three days on both sides count; one-day blips in a reading don’t.
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer's page · onboarding.usbank.com The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
| Intro APR | Receipt · Intro APRChecked Nov 1, 2026 Issuer's page · usbank.com “0% intro APR 2 on purchases and balance transfers 3 for the first 12 billing cycles .” |
| Balance transfer fee | Receipt · Balance transfer feeChecked Nov 1, 2026 Issuer's page · usbank.com “Balance Transfer fee of 5% of each transfer amount, $5 minimum will apply.” |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 Issuer's page · onboarding.usbank.com “3% of each foreign transaction” |
| Minimum interest charge | Receipt · Minimum interest chargeChecked Nov 1, 2026 Issuer's page · onboarding.usbank.com The source states this figure; we have no exact sentence on file yet. |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- None · onboarding.usbank.com, since Oct 8, 2026
- Does it charge a foreign transaction fee?
- Yes: 3% of each foreign transaction. · onboarding.usbank.com, since Oct 8, 2026
- What is the purchase APR?
- 17.99–28.24% APR · CFPB credit card survey, Dec 2025, since Oct 10, 2026
- Is there an intro APR?
- 0% for First 12 billing cycles. · usbank.com, since Sep 29, 2026