Published on April 20th, 2017 | by William Charles57
More Information Regarding U.S. Bank Altitude Card (Available Online & More)
Frequent Miler has just posted ‘US Bank Altitude Reserve Complete Guide‘, it looks like he was able to get his hands on the full guide to benefits or similar so we now have some more details (also readers you’re slacking – we’ve received no leaks on this card at all).
Most of this we already know and was covered in our previous posts on this card, but some of it is new. I’ll do a quick recap and then touch on the new items.
- Sign up bonus of 50,000 points after $4,500 in spend within 90 days of account opening.
- Card earns at the following rates:
- 3x on mobile payments (Apple Pay, Android Pay, Samsung Pay & Microsoft Wallet)
- 3x on travel purchases made directly with airlines, hotels, car rental companies, taxis, limousines, passenger trains and cruise line companies
- 1x on all other purchases
- Annual fee is $400 for the primary cardholder and $75 for authorized users. You can offset the annual fee with 35,000 points (1.14¢ per point)
- $325 annual travel credit. Can be used against purchases made directly from airlines, hotels, car rental companies, taxis, limousines, passenger trains and cruise lines.
- Priority Pass Select Membership. Limited to four visits and four guests visits each membership year.
- Gogo Pass. 12 complimentary passes each membership year (same as what is offered on other U.S. Bank cards)
- Visa Infinite Benefits. Does not come with $100 saving on round trip flight
- TSA PreCheck/Global Entry Reimbursement once every four year.
- Silvercar discount. Rent an Audi A4 with no lines or paperwork from airport locations in select cities and receive a discount of up to 30% on rentals of two days or more.
- GroundLink Black Car Service. 15% discount and $30 off first ride
- Metal card.
- No foreign transaction fees
- Card will be available May 1st & available online and in branch
- Will not come with the $100 saving on round trip flight benefit that is offered on some Visa Infinite cards.
- You can transfer FlexPerks to Altitude Points, but you cannot transfer Altitude Points to Flexperks
- Travel is defined in two seperate ways:
- Earning 3x points & using your $325 travel credit “travel” is defined as purchases made directly with airlines, hotels, car rental companies, taxis, limousines, passenger trains and cruise lines
- Using your points at a value of 1.5¢ per point “travel” is defined as airfare, hotel stays, and car rentals booked through US Bank’s Rewards Center
- Mobile Wallet’s have been defined:
- “Mobile Wallet” is defined as the method of paying for a transaction by use of a mobile device (in-store, in-app, or online) and includes Apple Pay, Android Pay, Samsung Pay, and Microsoft Wallet.
- Frequent Miler is unclear if MST or LoopPay transactions are counted, previously we were told they would not be.
- Authorized users:
- Do not get their own travel credit
- Do not get lounge access
- Primary car rental collision damage waiver for both primary and authorized users
Biggest new detail is that the card will be available online as well as in branch. It’s also interesting that in app and online purchases will count for the 3x. Biggest unknown is still how MST (‘LoopPay’) transactions will code, this is huge for anybody that has access to Samsung Pay has it turns regular swipe terminals into ones that accept mobile wallets. We were originally told that they won’t earn 3x, but I guess we will wait until this card is actually launched for sure.
Overall I think this is a good card, the lounge access is weak but the annual fee is lower than other cards when you take into account the travel credit is larger than other cards offer. It will definitely be a keeper for some people and that number will rise significantly based on how the 3x codes for mobile payments.