U.S. Bank stopped accepting new applications for the Shopper Cash Rewards in July 2026, so this take is for current cardholders weighing whether it still earns its keep. Its standout feature is 6% cash back at two retailers you choose each quarter, such as Amazon, Target, or Walmart, on up to $1,500 in combined spending, plus 3% on one everyday category like gas, wholesale clubs, or utilities. Everything else earns 1.5%, and hotel and car reservations booked in the Travel Center earn 5.5%. The catch is the $95 annual fee after the first year, along with quarterly picks you have to keep making to get the top rates. If you spend steadily at your chosen retailers, the 6% rate can cover the fee comfortably; if you do not, a no-fee card such as the U.S. Bank Cash+ or a flat 2% card like the Wells Fargo Active Cash is the simpler choice.
Earn rates & credits
| Category | Rate |
|---|---|
Online Shopping Choose 2 retailers each quarter (Amazon, Apple, Costco, Target, Walmart, etc.), up to $1,500 combined. Earns at chosen retailers in-store, online, or by phone — not generic online shopping. on first $1,500/qtr, then 1.5% | 6% |
Hotels & Car Rentals (via Portal) Hotel and car reservations booked in the Travel Center | 5.5% |
Choose 1 category Choose 1 everyday category each quarter, up to $1,500 | 3% |
Everything Else | 1.5% |
| Benefit | Value |
|---|---|
First-Year Annual Fee Waiver $0 annual fee for the first year, then $95 | $95 |
Card details
Regular APR | 18.74%–28.74% variable |
Foreign transaction fee | Yes |