Delta SkyMiles® Reserve vs U.S. Bank Cash+®
Side-by-side comparison
| Delta SkyMiles® Reserve | U.S. Bank Cash+® | |
|---|---|---|
| Annual fee | $650 | No annual fee |
| Welcome offer | $250 rewards bonus | |
| Dining | 1x | 2x |
| Groceries | 1x | 2x |
| Gas | 1x | 5x |
| Travel | 1x | 5x |
| Streaming | 1x | 5x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $292 | $564 |
| Points type | Locked to Delta SkyMiles | Cash back only |
| Network | Amex | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Delta SkyMiles® Reserve earns about $292 a year in rewards and the U.S. Bank Cash+® about $564, valuing every point at a flat 1 cent. The Delta SkyMiles® Reserve charges $650, which you clear through its rewards and perks. The U.S. Bank Cash+® has no annual fee, so its rewards are all profit. Counting rewards, fees, and any credits, the U.S. Bank Cash+® delivers more total value, about $922 a year more for a typical spender, mostly because it earns more where you spend most, on gas and travel. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the Delta SkyMiles® Reserve currently has the larger welcome offer (a limited-time offer above its usual amount, so treat it as a one-time boost). A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the U.S. Bank Cash+® if your spending leans toward dining, groceries, gas.