https://www.usbank.com/credit-cards/bank-smartly-visa-signature-credit-card.html US Bank 4% back(if you have 100k in their bank/investments) is it worth it?

If you spend $50k/year on the card, the marginal benefit is $1k. So the question is, how much do you "lose" by moving $100k into their accounts? Personally, I don't see a path where this makes sense for me

100k can be parked in the brokerage account and invested in an ETF etc

Throwback to this card announcement