U.S. Bank Shield Visa Card
No annual fee · $20/yr in printed statement credits · 0% on everything else · 3.0% foreign transaction fee
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Everything else | 0% | uncapped |
| Issuer travel portal portal only — pays only if you book through the issuer's own site, so it is excluded from every ranking on this site |
4% | uncapped |
Statement credits — $20/yr on paper · how we got this
| Credit | Value | How it pays |
|---|---|---|
| Annual purchase-activity statement credit | $20/year | annual |
Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.
Non-cash perks
- Cell phone protection up to $600 (reimbursed for theft/damage when the monthly cell bill is paid with the card)
- Auto rental collision damage waiver
- Extended warranty protection
- Purchase security
- Free TransUnion VantageScore credit score access via online/mobile banking
- U.S. Bank ExtendPay Plan: $0-fee 3-month payment plan offer available once per calendar year after the intro APR period ends
- 0% intro APR for 21 billing cycles on purchases and balance transfers (then a variable 17.74%-28.74% APR; balance transfer fee 5%/$5 min)
- Real-Time Rewards redemption via text message
Does the fee earn out? · how we got this
No annual fee, so every point earned is pure upside. The question is only whether its rates beat the other cards already in your wallet — which depends on your spending, not the card.
Check the current offer on the issuer's site → Where a card link will appear once available — no link on this page pays us today.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. three things on this card rule out a kind of spender:
- Anyone who doesn't spend at the issuer's travel portal. Its largest printed rate, 4% on issuer travel portal, pays only at the issuer's travel portal. Elsewhere in that category the card earns 4%, so the headline number is a loyalty rate rather than a category rate — which is why no ranking on this site counts it.
- Anyone who spends abroad. Every purchase in a foreign currency carries a 3.0% foreign transaction fee. On a card earning 0.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
- Spending outside its bonus categories. Everything else earns 0%, worth about 0.0¢ per dollar at our value for cash back — less than the 1¢ a plain cash-back card pays on the same dollar. This card only wins where its bonus categories do.
More from U.S. Bank
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-08-21 against issuer terms · sources: www.usbank.com · upgradedpoints.com · wallethub.com. Spot an error? Tell us.