There’s a new credit card out this week, the US Bank Altitude Reserve card. The card has a 50,000 point sign up bonus worth $750 in travel and earns 3x on mobile wallet purchases (ApplePay, Samsung Pay, Android Pay, etc).
The new Altitude Reserve card from US Bank [1] is available for current US Bank customers. Current customers include credit card accounts; we have a US Bank Cash+ [2] and US Bank FlexPerks [3] card, hopefully you do too!
The new card is a challenger to the Chase Sapphire Reserve card [4], but a good option for those of us who are prevented from getting it because of the 5/24 rule [5]!
It’s our Free Money [6] Friday offer.
How to Get Your Sign Up Bonus
- Sign up for the US Bank [1] Altitude Reserve card*.
- Make $4500 in purchases on your card within the first 90 days.
- Earn 50,0000 points.
*Find and compare all current credit card offers in our credit card directory [7].
Terms and Conditions
- $400 annual fee.
- The U.S. Bank Altitude Reserve Visa Infinite® Card is offered to U.S. Bank customers who have an eligible consumer U.S. Bank account relationship open a minimum of 35 days prior to submitting an application.
- An eligible U.S. Bank account relationship is defined as: Checking or Savings account, Certificate of Deposit, Mortgage, Home Equity Loan, Home Equity Line of Credit, Auto/Boat/RV Loan, Personal Loans and Lines, Private Banking account or Consumer Credit Card issued by U.S. Bank.
- You are eligible to receive one-time bonus Points for each new U.S. Bank Altitude Reserve Visa Infinite account type.
- No foreign transaction fees.
More on US Bank Altitude Reserve
Earning Points. Earn 3 points per dollar on travel and when you use mobile wallet. Earn 1 point on all other purchases. There are no quarterly rotating categories [8].
Redeeming Points. You can redeem the 50,000 points for $750 in travel: airfare, hotels, or car rentals.
Travel Credit Once Per Year. You’ll get a $325 travel credit per year. Note this is per cardmember year, not like other cards that have a travel credit each calendar year [9].
More Benefits. The card also offers a $100 credit for Global Entry or TSA Precheck [10], lounge access with Priority Pass, and various other travel benefits.
Do the Math
The 50,000 points can be redeemed for $750 in travel credits. Add in the $325 travel credit and the sign up bonus is worth $675 after you pay the annual fee. You’ll also earn between 4,500 – 13,500 more points on the required spending, worth $67.50- $202.50 more in travel.
Total value after annual fee: $742 – $877