Details
Written by: RJ
US Bank is launching a new card. The Smartly Visa Signature. It’s currently not open for application, can join a wait list. The card is structured like BOA’s preferred rewards.The base multiplier increases with the amount of assets you have with US Bank. It requires a linked Smartly Checking account as well.
US Bank Smartly Visa Signature
- Annual fee: ?
- Multipliers
- 2x All purchases
- $5k relationship balance – 2.5x
- $50k relationship balance – 3x
- $100k relationship balance – 4x
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Thoughts
I’ve often wondered why other banks haven’t copied preferred rewards from BOA. This card ups the earnings with the 4x. I have Platinum Honors at BOA, and the top earning rate on a catch all card is 2.6x. Of course BOA still has the Customized Cash cards that reach 5.25x. However, those are still category cards with a cap.