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U.S. Bank Shield® Visa® Card Review – 0% for 21 Billing Cycles

Andrew Schrage
U.S. Bank Shield Visa Card
Our Rating
4/5
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U.S. Bank Shield® Visa® Card

  • Best for: Paying off a big purchase or a transferred balance at 0% for 21 billing cycles
  • What Sets It Apart: 0% on purchases as well as on balances transferred in the first 60 days; no penalty APR; cell phone protection with no annual fee
  • Cost: $0 annual fee; 5% balance transfer fee ($5 minimum); 17.24% to 28.24% variable APR after the intro; 3% foreign transaction fee
  • Features: 4% cash back on prepaid flights, hotels, and rental cars booked in U.S. Bank’s Travel Center; $20 statement credit after 11 consecutive months of purchases; up to $600 cell phone protection; a yearly 3-month payment plan with no fee after the intro
  • Pros: 0% on both purchases and transfers; no annual fee; no penalty APR
  • Cons: Cash back only on prepaid Travel Center bookings; no transfers from other U.S. Bank accounts; 3% foreign transaction fee
Just the Tip:

Get the no-annual-fee U.S. Bank Shield® Visa® Card if you’ll pay off a big purchase or a balance transfer before its 0% interest period ends. Purchases get 0% for 21 billing cycles, as do balances you move in the first 60 days. If you pay in full every month, pick a card that pays cash back on everyday spending.

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The Shield replaced U.S. Bank’s Visa Platinum, which the bank no longer offers. Business owners have a card of their own, the U.S. Bank Business Shield Visa.

Key Features

  • Intro annual percentage rate (APR) of 0% for 21 billing cycles on purchases and on balances transferred in the first 60 days
  • 17.24% to 28.24% variable APR after the intro, based on your credit when you open the account
  • 5% balance transfer fee, $5 minimum ($250 on a $5,000 transfer)
  • No annual fee
  • 4% cash back on prepaid flights, hotels, and rental cars booked through U.S. Bank’s Travel Center

Pros

  • No penalty APR, the higher rate some cards charge after a late payment
  • $20 statement credit each year after 11 straight months with a purchase
  • Cell phone protection up to $600 for theft or damage when the card pays your phone bill
  • After the intro, one offer a year to split purchases of up to half your credit line into three monthly payments with no fee

Cons

  • Cash back only on prepaid travel booked through U.S. Bank’s Travel Center
  • No balance transfers from other U.S. Bank accounts
  • 3% fee on each foreign transaction, such as a purchase abroad
  • Cash back expires after 12 statement cycles with no account activity

Readers who need the Shield’s full 0% for 21 billing cycles should get it and plan to clear the balance before the 0% ends. U.S. Bank’s Cash+ Visa Signature, with 0% for 15 billing cycles plus up to 5% cash back, is the better pick for a balance you’ll clear in that time.

Learn more about the U.S. Bank Shield® Visa® Card or see how it compares to the best 0% APR credit cards.

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