US Bank Cash+ Changes Redemption Bonus (again in April 2015)
Jan 21, 2015, 12:35 am
#34
Join Date: Aug 2004
Location: Seattle, WA
Programs: UA 1MM, AS MVPG, SPG/Marriott Gold
Posts: 350
IMO, it's no longer worth it. Restaurants were my big category, and this year that got moved from 5% to a 2% category. Plus, on my latest statement, they announced they are changing the $25 Cash Card bonus on redemptions of $100+ from once a year to once per lifetime of the account. So, all the things that made this great have basically been cancelled/changed/devalued.
I'm keeping the card open since it has no annual fee, but all of my spending will be moving to other higher earning cards instead.
Jan 21, 2015, 8:51 am
#35
Moderator: Chase Ultimate Rewards
Join Date: Apr 2005
Location: SFO
Programs: UA 2P, MR LT Plat, IHG Plat, BW Dia, HH Au, Avis PC
Posts: 5,456
Originally Posted by Latest Statement
Beginning April 1, 2015, the $25 Cash+ Bonus you receive when you redeem cash rewards for $100 or more in a single redemption will now be limited to one per the lifetime of the account. Currently, the $25 Cash+ Bonus has a limit of one per calendar year.
Jan 21, 2015, 11:59 pm
#36
Join Date: Aug 2014
Posts: 194
It depends on your spending; the 5% categories can still be useful, but it is capped at $2k spend per quarter for the 5% categories.
IMO, it's no longer worth it. Restaurants were my big category, and this year that got moved from 5% to a 2% category. Plus, on my latest statement, they announced they are changing the $25 Cash Card bonus on redemptions of $100+ from once a year to once per lifetime of the account. So, all the things that made this great have basically been cancelled/changed/devalued.
I'm keeping the card open since it has no annual fee, but all of my spending will be moving to other higher earning cards instead.
IMO, it's no longer worth it. Restaurants were my big category, and this year that got moved from 5% to a 2% category. Plus, on my latest statement, they announced they are changing the $25 Cash Card bonus on redemptions of $100+ from once a year to once per lifetime of the account. So, all the things that made this great have basically been cancelled/changed/devalued.
I'm keeping the card open since it has no annual fee, but all of my spending will be moving to other higher earning cards instead.
Jan 26, 2015, 9:24 pm
#38
Join Date: Sep 2013
Posts: 222
I got a letter today saying i can receive up to two bonuses: one $25 bonus before April 1, 2015 and one $25 bonus on or after April 1, 2015. I have redeemed one already and plan to redeem another on or after April 1, 2015.
Jan 26, 2015, 9:34 pm
#39
Join Date: Mar 2013
Location: Down South, The Desert
Programs: Marriot Rewards, Southwest Rapid rewards, Emerald Club, Avis Preferred
Posts: 1,871
It depends on your spending; the 5% categories can still be useful, but it is capped at $2k spend per quarter for the 5% categories.
IMO, it's no longer worth it. Restaurants were my big category, and this year that got moved from 5% to a 2% category. Plus, on my latest statement, they announced they are changing the $25 Cash Card bonus on redemptions of $100+ from once a year to once per lifetime of the account. So, all the things that made this great have basically been cancelled/changed/devalued.
I'm keeping the card open since it has no annual fee, but all of my spending will be moving to other higher earning cards instead.
IMO, it's no longer worth it. Restaurants were my big category, and this year that got moved from 5% to a 2% category. Plus, on my latest statement, they announced they are changing the $25 Cash Card bonus on redemptions of $100+ from once a year to once per lifetime of the account. So, all the things that made this great have basically been cancelled/changed/devalued.
I'm keeping the card open since it has no annual fee, but all of my spending will be moving to other higher earning cards instead.
This card went from the greatest card ever to manure.
I will keep this card for the 5% categories for clothing and department stores. It'll be my mall card.
Jan 27, 2015, 4:45 pm
#40
Join Date: Nov 2013
Location: United States
Posts: 526
Are you sure? That would conflict with their current rule which is once per year. Pretty sure you'd need to wait until the start of 2016 to be eligible again.
Jan 27, 2015, 8:56 pm
#41
Join Date: Sep 2013
Posts: 222
"Because this change doesn't take effect until April 1, in 2015 you may receive up to two bonuses:
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption BEFORE April 1, 2015 and
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption ON OR AFTER April 1, 2015."
Jan 27, 2015, 10:12 pm
#42
Join Date: Nov 2013
Location: United States
Posts: 526
yep. it says:
"Because this change doesn't take effect until April 1, in 2015 you may receive up to two bonuses:
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption BEFORE April 1, 2015 and
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption ON OR AFTER April 1, 2015."
"Because this change doesn't take effect until April 1, in 2015 you may receive up to two bonuses:
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption BEFORE April 1, 2015 and
One $25 Cash+ Bonus when you redeem your cash for $100 or more in a single redemption ON OR AFTER April 1, 2015."
Beginning April 1, 2015, the $25 Cash+ Bonus you receive when you redeem cash rewards for $100 or more in a single redemption will now be limited to one per the lifetime of the account. Currently, the $25 Cash+ Bonus has a limit of one per calendar year.