U.S. Bank has launched the U.S. Bank Shield Visa card. Card offers the following:
- $0 annual fee
- 0% APR on purchases and balance transfers for 24 billing cycles (5% balance transfer fee)
- Earn a $20 annual statement credit for 11 consecutive months of purchases
- 4% cash back On prepaid air, hotel and car reservations booked directly in the Rewards Center when you use your card
Balance transfer fee kills the usefulness of this for a lot of people as other purchases don’t earn rewards, but I guess it could still be useful for purchases if the credit limit is high enough.
Well it’s no ANA card
For all the federal workers dumped by DOGE. 2 yrs of no interest purchases as they look for new jobs.
One stupid feature I haven’t seen discussed is every 12 months you get a single 3 month, no fee ExtendPay. Way to get a free loan every 12 months for a tiny bit extra interest.
What we have here is a worse version of BofA BBR. A 4x worse version assuming you are also taking the small balance waivers. Shittychurning.
Who keeps coming up with these cards at USBank the intern?
I will call a card (with the earning structure setting at 4% on limited travels) “Shield” only if this card comes with a wide range of travel related insurances, the annual fee should be in hundreds otherwise it will be another money-loser which either stop accepting new applicants within few months or get nerfed, or both.
would this card work for getting the checking fee waived?
Starting in May, no U.S. Bank CC waives the checking fee.
Bank Bonus Bodhisattva
https://www.doctorofcredit.com/u-s-bank-smartly-checking-account-monthly-fee-no-longer-waived-with-credit-card/
What in the name, is it sponsored by Marvel?
Right ? SHIELD and Hydra instantly came to mind. We love Marvel though!
Just thinking it thru for ANY possble advantage, how about the 24 month zero interest? Yeah, the 5% is high but that averages about 2 1/2 percent per year. Or, just charge a bunch and enjoy a zero interest loan?
Make sure to check their pre-approval first, they soft pull TU.