Us Bank Cash Plus vs Smartly — Real-World Test Results
Choosing between the U.S. Bank Cash+ and Smartly accounts is like deciding between two different flavors of ice cream — both are sweet, but one might suit your taste better. If you’re juggling saving money and earning rewards, picking the right account can make a world of difference in your financial journey.
| Feature | U.S. Bank Cash+ | Smartly |
|---|---|---|
| Annual Fee | $0 | $0 |
| Cash Back Rewards | Up to 5% | 1.5% Flat |
| Customizable Categories | ✓ | ✗ |
| Intro APR | 0% for 15 months | 0% for 12 months |
| Foreign Transaction Fee | 3% | No fee |
| Mobile App | ✓ | ✓ |
✅ us bank cash plus Pros
- High cash back rate on selected categories.
- No annual fee makes it cost-effective.
- Generous 0% intro APR period on purchases.
❌ us bank cash plus Cons
- 3% foreign transaction fee can add up.
- Limited to two categories for 5% cash back.
✅ smartly Pros
- No foreign transaction fees, great for travelers.
- Simplified flat-rate cash back on all purchases.
- Easy-to-use mobile app for account management.
❌ smartly Cons
- Lower cash back rate compared to tiered cards.
- Shorter 0% intro APR period.
Performance: Rewards Structure
The U.S. Bank Cash+ card shines with its customizable rewards structure, allowing you to earn up to 5% cash back on two categories of your choice each quarter. If you regularly spend in these categories, you can maximize your rewards. On the other hand, the Smartly account offers a flat 1.5% cash back on all purchases, which is straightforward and ideal if your spending habits are varied and you want hassle-free earning without category restrictions.
Build Quality: Fees and Charges
In terms of fees, the Smartly account takes the cake with no foreign transaction fees, a blessing if you frequently travel abroad. The U.S. Bank Cash+ card, however, imposes a 3% charge on foreign transactions, which can quickly eat into your savings if you’re not careful. Both cards have no annual fee, which is a relief, as you don’t have to worry about breaking even on your rewards.
Value: Introductory Offers
Both cards offer a 0% intro APR on purchases, but the U.S. Bank Cash+ card extends this period to 15 months compared to Smartly’s 12 months. This longer period can be extremely beneficial if you’re planning a large purchase and want to pay it off over time without interest. However, if your goal is straightforward cash back without juggling categories, the Smartly account’s simplicity might be more valuable in the long run.
One thing most reviews gloss over is the potential for lost rewards with the U.S. Bank Cash+ card if you forget to update your categories each quarter. It’s easy to leave money on the table if you’re not organized. For Smartly, the flat rate might seem boring, but it’s reliable and consistent, especially for those who dislike fiddling with settings.
Our Final Verdict: Which One Should You Buy?
For the strategic shopper who loves optimizing rewards and doesn’t mind a little planning, the U.S. Bank Cash+ card is your go-to, especially if you spend heavily in specific categories. However, if simplicity and travel-friendly features top your list, Smartly offers consistent rewards with no fuss and no foreign transaction fees, making it ideal for globetrotters and those who prefer a no-hassle approach.
Can I change my reward categories with the U.S. Bank Cash+?
Yes, you can change your cash back categories every quarter, which lets you tailor your rewards to your spending habits as they change.
Is the Smartly account suitable for international use?
Absolutely, since it has no foreign transaction fees, making it an excellent choice for international travelers.
Which card is better for someone with varied spending habits?
If your spending is spread across multiple categories without a dominant one, the Smartly account’s flat-rate cash back might offer more consistent value.
