Now Open to Applications! New Card Worth $750 in Travel
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A couple weeks ago, I shared details of a valuable upcoming travel card, the U.S. Bank Altitude™ Reserve Visa Infinite® Card.
But the card also comes with a $400 annual fee. And only US Bank account holders are eligible to apply.
I’ll help you decide if this card is worth it!
The US Bank Altitude Reserve Is Official
Here’s what you’ll get:
- 50,000 points (worth $750 in travel!) after spending $4,500 on qualifying purchases within 90 days of account opening
- $325 travel credit every cardmember year (you can NOT get it twice before the second annual fee is due)
- 3X points on travel purchases
- 3X points on mobile wallet purchases (like Apple Pay or Samsung Pay)
- 1X points on all other purchases
- Complimentary 1-year membership to Priority Pass Select airport lounges, with 4 free entries per year for you and 1 guest (you will NOT get additional memberships for authorized users)
- 12 free Gogo in-flight Wi-Fi passes per calendar year
- Global Entry fee credit
Is This Card a Good Deal?
The card comes with a $400 annual fee, NOT waived the first year. And you’ll pay an additional $75 per authorized user. But the card benefits can easily outweigh the fees!
You’ll get the first $325 you spend on travel each year reimbursed. That brings the annual fee down to $75 per year!
Plus, you’ll earn 3X points on all mobile wallet transactions. And because each point is worth 1.5 cents towards travel, you’ll get an effective 4.5% back (3 points X 1.5 cents)!
The card also comes with a sign-up bonus worth $750 in travel, so it’s a no-brainer for the first year. You can use the card for ~11 months, and decide if the other card benefits are worth it to you before paying the annual fee a second time.
If you’re new to miles & points, I’d suggest applying for the Chase cards you want first. That way you aren’t restricted by Chase’s approval rules.Note: US Bank is picky about approving folks for their cards. And they are known for pulling credit scores from unconventional credit bureaus! Here’s how you can improve your approval odds by freezing your credit from these bureaus.
To be eligible for this card, you’ll need to have a US Bank account open a minimum of 5 days before you apply. Like a checking account, savings account, mortgage, or a credit card.
You can now apply for the US Bank Altitude Reserve card! It comes with excellent perks like a 50,000 point sign-up bonus (worth $750 in travel), a $325 annual travel credit, and 3X points on all mobile wallet transactions!
But you must be a current US Bank customer, with a credit card, checking account, or savings account opened at least 5 days before you sign-up.
Chase Sapphire Preferred® CardAPPLY NOW
Chase Sapphire Preferred® Card
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Either $5 or 5% of the amount of each transfer, whichever is greater.
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