Originally Posted by
G2244
This thread may need to develop into a Wiki! These are some great finds.
This card is very interesting indeed. It is issued by US Bank and in the terms show that the insurance spend is based on the category - does not seem to need to be State Farm. What really stood out is the nice combo of additional categories at 3%. Sure you could do better with multiple other cards in most every category, but for a single card this one spans a nice mix. Here are the relevant bits from
the terms:
Merchants are identified by a merchant category code that is not established by U.S. Bank. A Purchase will not earn cash back if the merchant’s category code is ineligible. You will earn 3% cash back for every $1 of the first $4,000 spent per calendar year on Purchases classified as insurance and 1% cash back after that. You will also earn 3% cash back for every $1 spent on Purchases at merchants classified as gas stations, electric vehicle charging stations, office supply stores, dining, restaurants, fast-food restaurants, bars, food delivery services and cell phone service providers.
True but I think you are quoting the business card. The regular rewards card does have some extra 2% cat's beyond the 3% insurance, however.