New U.S. Bank Shopper Cash Rewards Card: Up to 6% Back

U.S. Bank is set to launch a new cash-back credit card that offers industry-leading rewards rates at some of the largest and most popular retailers in the world, including Walmart, Target and Amazon.

The U.S. Bank Shopper Cash Rewards Visa Signature Card will earn the following rewards:

6% back on up to $1,500 in combined eligible purchases per quarter, at two retailers of your choice (from a list of more than 20).

3% back on up to $1,500 in eligible purchases every quarter in a single “everyday” spending category that you choose (including gas and EV charging stations, bills/home utilities, or wholesale clubs).

1.5% back on all other qualifying purchases.

5.5% back on reservations for hotels and prepaid car rentals when you book through the U.S. Bank Rewards Center.

To qualify for the card’s 6% and 3% rates, you’ll have to enroll in your chosen categories every quarter; otherwise, you’ll earn only the base rate of 1.5%.

U.S. Bank’s website for the card doesn’t note the specific launch…

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This article was written by Jae Bratton and originally published on www.nerdwallet.com