US Bank is now offering loans so that families can “finance” sky-high high electric bills |  |
It’s no secret that San Diego County residents are victimized by the highest utility rates in the nation. We pay as much as three times more than other states, which may be why almost one out of every four customers of San Diego Gas & Electric (SDG&E) are behind on their electric bills.
Nonetheless, we were still surprised by this email solicitation (see below) offering to finance monthly electric bill payments to San Diego Gas & Electric from US Bank. On the bright side, it is good to see that legitimate banks are offering an alternative to
predatory lenders. On the dark side, we fear that it is a sign that SDG&E’s prices will continue to reign supreme with the
highest electric rates in the continental Unites States.
This is the email solicitation for “ExtendPay”
From:
U.S. Bank <1800USBanks@email.usbank.com>
Date: Tue, Sep 30, 2025 at 2:13 PM
Subject: Charles, curb utility bills with U.S. Bank ExtendPay® Plan
To: Charles Langley
| Large utility bills?
Smaller monthly payments. | | U.S. Bank ExtendPay® Plan |
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 | Limited-time offer! |  |
| | Enjoy manageable, monthly payments on eligible purchases! | | Get started with a $0 monthly fee for up to 6 months. | |
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| | | | Split purchases on your U.S. Bank Cash+® Visa Signature® Card1 into equal monthly payments and pay no interest during your chosen repayment period. Plus take advantage of a limited-time $0 monthly fee offer for up to 6 months!2 | | | | | | To set up an
ExtendPay Plan: | | | • | Make a purchase of $100 or more | | | | • | Log in to online banking or your U.S. Bank Mobile App | | | | • | Choose which purchases to enroll and the length of your ExtendPay Plan | | | | • | Review, confirm and you’re done3 |
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| Learn more about ExtendPay Plan: | | | • | Pay eligible purchases over time in equal monthly payments | | | | • | Take advantage of budget friendly payments with no interest during your chosen repayment period | | | | • | Get started with a $0 monthly fee |
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| | | | | | This offer ends October 26, 2025. | | | | |
| You can set up and manage multiple ExtendPay Plans. |
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| Simply visit your credit card dashboard by logging in to online banking or your U.S. Bank Mobile App, then select Explore ExtendPay to check for qualifying purchases or manage your open plans. |
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| 1 | You may designate up to 50% of your credit card line ($100 minimum) in eligible credit card purchases and pay in monthly installments with any applicable monthly fees. Only Purchase balances are eligible for U.S. Bank ExtendPay® Plans. Transactions identified as Advances, Balance Transfers, or promotional rate Purchases (as defined in your Cardmember Agreement), and any interest or fees, including Annual Fee, do not apply. The only Purchases that will appear as “Eligible Purchases” in the enrollment process are Purchases that were made within 60 days prior to signing up for an ExtendPay Plan, are $100 or more, and are less than your Purchase balance when you sign up for an ExtendPay Plan. | | | | 2 | The $0 monthly fee is available on 3- and 6-month plans. The monthly fixed fee for 12-, 18- and 24-month plans will be determined when your U.S. Bank ExtendPay® Plan is created and is provided to you before you complete setting up an ExtendPay Plan. This fee will remain the same until the ExtendPay Plan is paid in full. The monthly fixed fee of the 12-, 18- and 24-month ExtendPay Plan is based upon the original principal amount, Purchase APR, and other factors. | | | | 3 | When you set up a U.S. Bank ExtendPay® Plan, the total monthly payment obligation will be included in your monthly Minimum Payment. If you have any ExtendPay Plan balances, you may avoid interest charges on new Purchases by paying the Plan Adjusted Balance in full each month. (The Plan Adjusted Balance is your non-ExtendPay Plan balance plus the total monthly ExtendPay Plan payment, not including any disputed amounts.) You may pay the ExtendPay Plan balances off early by paying your current balance in full, which includes activity on your Account since the previous statement, including any pending charges. You will see the ExtendPay Plan in your credit card dashboard in Online Banking and the U.S. Bank Mobile App. This ExtendPay offer may be withdrawn based on activity on your credit card account after the offer was made. If you are no longer eligible for this offer, you will not be able to access the enrollment site. Your eligible purchases will still earn you any rewards your credit card would otherwise offer. Refer to your Cardmember Agreement for details. | | |
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| The creditor and issuer of this card is U.S. Bank National Association, pursuant to a license from Visa U.S.A. Inc. |
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