The new US Bank Altitude Reserve premium card has been talked about for at least a month and now the US Bank Altitude Reserve application is live and you can sign-up – if you have been a US Bank customer for over 35 days (or you can apply in branch if you have been a customer for under 35 days – see this post for details about being a customer and what it means). Here is a recap of what this new premium card offers and the link to sign up for it.
The New US Bank Altitude Reserve Application is Live
Here are the big details about the new US Bank Altitude card:
- Sign-up Bonus: 50,000 points after spending $4,500 in 90 days
- Annual Fee: $400
- Travel Credit: $325 in annual travel credits
- Point Value: Points can be redeemed at 1.5 cents per point for hotel, airline, and car through the US Bank rewards portal
- 3X Bonus Earning: Earn 3X points on travel purchases and mobile payment purchases wherever mobile payments can be used (that means Apple Pay, Samsung Pay, Android Pay, and Microsoft Wallet).
- Available When? It will be available to apply for online and in-branch starting May 1
- Who Can Apply? You must be a US Bank customer to be able to apply
This card looks to be a great card for purchasing travel. With the points worth 1.5 cents per point for travel, it puts itself more in line with the Chase Sapphire Reserve but without the worry of whether to transfer the points (the points earned on this card do not transfer to travel partners). With so many great airline deals, this could definitely be the preferred card of many for paying for that travel.
The Great 3X Bonus Categories
The thing that I think most people are excited about is the 3X bonus earning on mobile payment purchases. With mobile payments being a more common way to pay for things these days, you could theoretically earn 3x points on most of your spending. This means earning a 4.5% bonus for travel on all of your mobile payment spending. Pretty great!
How long will that last like that? I assume it will be hit pretty hard but US Bank is known to be pretty tough on applicants so there may not be as many approvals as we saw with the other premium cards.
Want More Information?
Frequent Miler uploaded a great guide to everything you need to know about the new US Bank Altitude card. Check it out for answers to any questions you may have!
The new US Bank Altitude Reserve application is live and open for business! If you want to see what this card and its features may do for you, read Frequent Miler’s post above – otherwise, sign-up!
Feel free to leave data points below if you apply and are approved/disapproved/pending to help other readers with that info.