American Express vs U.S. Bank
U.S. Bank CASHBACK offers a lower APR at 17.74% compared to American Express CASHBACK's 19.49%, making it the better choice for carrying a balance. Both products have no minimum balance requirement, no monthly fee, and carry FDIC insurance. The rate difference amounts to 1.75 percentage points annually.
Option A
American Express
19.49%
APR
- Min
- $0
- Fee
- $0/mo
Best for: Apply and find out your welcome offer. As High As $300 cash back* after you spend $3,000 in purchases on your new Card within the first 6 months of Card Membership. Welcome offers vary and you may not
Open with American Express →Option B
U.S. Bank
- Min
- $0
- Fee
- $0/mo
Best for: Earn unlimited 2% cash back on every purchase
Open with U.S. Bank →How this comparison was built
Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 8/16/2026.