Discover it® Cash Back Card
vs. U.S. Bank Cash+® Visa Signature® Card

Updated: June 17, 2024

Advertising & Editorial Disclosure

Shield Insurance

MoneyGeek partners with leading industry experts and advertisers to help you get to your financial happy place. Our content is accurate when posted but offers may change over time. We may receive compensation for partner advertisements, but our editorial team independently reviews and ranks products. Learn more about our editorial policies.

Both the Discover it® Cash Back Card and the U.S. Bank Cash+® Visa Signature® Card offer compelling cash back rewards and introductory APR periods. While the U.S. Bank Cash+ leads slightly with its cash back score, the Discover it Cash Back is the better choice for balance transfers.

Neither card is co-branded, ensuring their rewards programs are versatile. However, if the welcome bonus is a significant factor for you, consider the U.S. Bank Cash+, which offers a substantial bonus for new cardholders.

Credit Card logo for Discover it® Cash Back Card
Discover it® Cash Back Card
Credit Card logo for U.S. Bank Cash+® Visa Signature® Card
U.S. Bank Cash+® Visa Signature® Card
MoneyGeek Rating
3.8/ of 5
MoneyGeek Rating
3.8/ of 5

  • Regular APR
    17.24%–28.24% variable
    19.74%–29.74% variable
    0% APR Offer
    0% intro APR for 15 months
    0% introductory APR for the first 15 billing cycles
    Intro Offer
    Matches cash back earned at the end of the first 12 months
    Earn a $200 rewards bonus
    Rewards Summary
    Earn 1%–5% cash back
    Earn 1%–5% cash back
    Balance Transfer Offer
    0% intro APR for 15 months
    0% introductory APR for the first 15 billing cycles
    Balance Transfer Fee
    3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)
    3% of the amount of each transfer (minimum $5)
    Annual Fee
    $0
    $0
    Recommended Credit
    670–850 (Good to Excellent)
    670–850 (Good to Excellent)
    Penalty APR
    None
    N/A
    Not sure?

Which Card Is Better for You?

You might prefer the Discover it Cash Back if you frequently travel abroad and want to avoid foreign transaction fees. Its unique first-year cash back match can also be lucrative if you maximize the rotating categories. This card is a strong contender for those who value simplicity and an introductory APR offer on purchases and balance transfers.

You might prefer the U.S. Bank Cash+ if you spend consistently in specific categories and want to tailor your rewards to your spending habits. With its higher cash back rating and a welcome bonus after meeting the initial spending requirement, it's a solid choice for maximizing cash back earnings, especially if you can navigate its rewards structure effectively.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards, introductory offers and additional features will help determine which card aligns with your financial landscape. For example, U.S. Bank Cash+ may offer more tailored rewards if you spend frequently in specific categories, whereas Discover it Cash Back provides a first-year cash back match.

    discount icon

    Regular APR: Discover it Cash Back

    The Discover it Cash Back card offers a more favorable regular APR range of 17.24% to 28.24% variable than the U.S. Bank Cash+ card's 19.74% to 29.74% variable.

    annualFee icon

    Annual Fee: Tie

    Both the Discover it Cash Back and the U.S. Bank Cash+ have no annual fee, making them equally attractive for users looking to avoid extra costs.

    lowInterestAPR icon

    Introductory 0% APRs: Tie

    Both the Discover it Cash Back and U.S. Bank Cash+ offer a 0% introductory APR on purchases and balance transfers for the first 15 months, with a 3% balance transfer fee. Given the identical terms, this feature results in a tie.

    coins icon

    Rewards: U.S. Bank Cash+

    The U.S. Bank Cash+ offers better rewards flexibility and potential earning. It allows for 5% cash back on two categories of the cardholder's choice with a higher quarterly purchase limit of $2,000. Additionally, U.S. Bank Cash+ provides 2% cash back on one everyday category, enhancing its rewards versatility. Discover it Cash Back offers 5% on up to $1,500 in combined quarterly purchases in preset categories.

    rewards icon

    Welcome Offers: U.S. Bank Cash+

    The U.S. Bank Cash+ is better for welcome offers, offering a $200 rewards bonus with a higher return on investment of 20%, compared to the Discover it Cash Back's match of the first year's cash back.

    creditApproved icon

    Recommended Credit Score: Tie

    Both the Discover it Cash Back and the U.S. Bank Cash+ require a credit score range of 670 to 850, indicating they are accessible to individuals with good to excellent credit. There's no clear winner in this category, as both cards have the same credit score requirements.

    autopay icon

    Penalties and Fees: Discover it Cash Back

    Discover it Cash Back is better for penalties and fees, offering no foreign transaction fees, no penalty APR and no fee for the first late payment. U.S. Bank Cash+ charges a 3% foreign transaction fee and up to $41 for late payments.

    points icon

    Issuer Satisfaction: Discover it Cash Back Card

    The Discover it Cash Back outperforms the U.S. Bank Cash+ in issuer satisfaction, with a rating of 4.5 for Discover Bank compared to 3.5 for U.S. Bank.

    airplane icon

    Other Features & Perks: Tie

    Both cards offer unique perks. Discover it Cash Back provides online data protection services. U.S. Bank Cash+ offers exclusive cash back on travel bookings. Choosing depends on personal preference for cash bonuses or security features.

Rewards Comparison

The U.S. Bank Cash+ card edges out with a higher expected reward value and the flexibility to choose your bonus categories. This personalization can be particularly beneficial for those with specific spending habits, allowing them to tailor the rewards to their lifestyle. Consumers can select bonus categories, which could yield more rewards for savvy users, especially in the 2% everyday category options. The U.S. Bank Cash+ card's 5% cash back categories include home utilities and ground transportation, while the 2% category offers everyday essentials like gas and groceries.

The Discover it Cash Back card offers a competitive 5% cash back in rotating categories that change quarterly. These categories have included popular options such as PayPal and Walmart.

The Discover it Cash Back card's most compelling bonus category is its 5% cash back on rotating categories. It can be advantageous if your spending aligns with the announced categories each quarter. However, the U.S. Bank Cash+ card may offer better rewards in the grocery category, with a higher average rewards rate. Both cards require activation for these bonus categories.

The table below details each card's bonus categories to help you compare at a glance.

Category
Discover it Cash Back
U.S. Bank Cash+

Quarterly Rotating Categories

5% on up to $1,500 in combined quarterly purchases, then 1%

5% on up to $2,000 in combined quarterly purchases

Gas Stations

1%

2% or 5% on up to $2,000 in combined quarterly purchases

Grocery Stores

5% on up to $1,500 in combined quarterly purchases, then 1%

2% or 5% on up to $2,000 in combined quarterly purchases

Restaurants

1%

1%

All Other Purchases

1%

1%

Redeeming Rewards

The Discover it Cash Back offers a flexible redemption process, allowing cardholders to redeem their cash back for gift cards, statement credits or direct deposits at any time and in any amount. Rewards do not expire as long as your account is active.

The U.S. Bank Cash+ requires at least $25 in cash back to redeem, and it limits redemptions to statement credits or deposits into U.S. Bank accounts. Additionally, cardholders must be mindful of the 36-month expiration policy on earned cash back.

Methodology

MoneyGeek's ranking process evaluates each card across various use cases, such as balance transfers and cash back rewards. The Discover it Cash Back and U.S. Bank Cash+ cards are scored based on the scenarios where they perform best, which are balance transfers and cash back, respectively.

For balance transfer cards, the largest factors influencing these scores include the introductory purchase APR and regular APR; for cash back cards, the significant aspects are the effective reward rate and introductory purchase APR. For a deeper understanding of our scoring system, you can review our ranking methodology.

FAQ: Discover it Cash Back vs. U.S. Bank Cash+

What are the cash back rewards for each card?
Do either of the cards have an annual fee?
What are the introductory offers for these cards?
How do the APRs compare between the two cards?
Can I choose my own cash back categories with either card?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.