A novel metasurface offering polarization conversion characteristic in five bands is studied and developed in this paper. To provide the anisotropic feature to the structure, a diagonally placed tapered rod is combined with two semicircular stubs. Due to the controlling ability to convert horizontal to vertical polarization and vice versa, and linear to circular polarization (CP), it serves as a multifunctional polarization converter. Simulation results suggest that the proposed polarizer functions as cross polarizer over 4.74−5.12 and 9.12−13.48 GHz. Additionally, it exhibits a distinct type of rotational sense across 4.24−4.68, 5.24−8.64, and 13.72–15.14 GHz in its linear to CP conversion behavior. The axial ratio of the polarizer is well below 3 dB throughout overall CP bands due to the minimum tolerance level in reflection phases with respect to acceptable limits. Moreover, it is noticed that the sense of CP is left-handed in the first band while right-handed in the remaining two bands. Thus, the suggested polarizer has potential to be integrated with antennas for satellite, defense, industry applications for getting the desired type of polarization in the distinguished bands.