[Update] U.S. Bank Altitude Reserve Review – 50,000 Point Sign Up Bonus ($750 Towards Airfare) + $325 Travel Credits

Update 9/25/22: There’s no longer the requirement of being an existing U.S. Bank customer in order to apply for  the Altitude Reserve card. Though approval odds might be better for someone with a checking account. (ht uscreditcardguide) Updated below.

(This card is not accepting new applications as of November 30, 2020. Open to applications again)

U.S. Bank has officially just launched their new Altitude Reserve credit card. As is tradition, it’s time for our in depth review of this new premium credit card.

u.s. bank altitude reserve

Quick Overview

  • Sign up bonus of 50,000 points after $4,500 in spend within the first 90 days
  • Annual fee of $400 for the primary cardholder. Authorized users can be added for $75 $0 each.
  • $325 in annual travel/dining credits. This is based on a card member year, rather than calendar year.
  • Card earns at the following rates:
  • Priority Pass Select Membership

Application Information

Who is eligible for this card?

  • To be automatically approved you need:
    • To be an existing U.S. Bank customer for at least 35 days 5 business days
    • Must be an existing U.S. Bank consumer customer
  • You can get the above requirement waived by applying in branch (you still need to be a U.S. Bank customer, but business is fine and the 35 day waiting period is waived).
  • This issue should be fixed in a future release
  • You’re considered an existing eligible customer if you have any of the following:
    • U.S. Bank 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
    • Consumer Credit Card

You can view the best way to become eligible by clicking here. If you’re not recognized as an existing customer no hard pull will be done. There also seems to be some suggestion that the following helps:

  • Income of $60,000+
  • FICO score of 720+

What Credit Bureau Does U.S. Bank Pull For The Altitude Reserve?

This varies by the state you live in, you can view more information about this here.

What Credit Limit Will I Receive?

This varies from person to person. The minimum credit limit for this card is $5,000 (lower than the $10,000 limit required for other Visa Infinite cards).

Card Benefits

You’d expect significant card benefits for a card with a $400 annual fee. Let’s go into detail for each benefit this card offers.

$325 Annual Travel Credit

This card provides you with up to $325 in annual travel credits per card member year. Your account is credited whenever your card is used for purchases made directly (e.g not through a travel agent) from:

It doesn’t matter if you make the purchase with the primary or authorized user card it will still trigger the credit. Keep in mind the authorized user does not get their own $325 travel credit. The credits are applied automatically and you shouldn’t need to do anything for the credit to appear (as always it’s a good idea to keep an eye on this to ensure it does post automatically).

Priority Pass Select Membership

  • Can enroll one card member in the program at a time.
  • First four visits and four individual accompanying guest visits are waived each Priority Pass Select membership reward (per membership year)
  • After the free visits have been used you will be charged $27 per person per visit

Global Entry or TSA Pre✔ Fee Credit

You can receive a statement credit of up to $100 when you use your card for the application fee on Global Entry or TSA PreCheck. You’re able to receive this statement credit once every 4 years.

GroundLink Black Car Service

  • 15% off the base rate for reservations booked and paid with using the Altitude Reserve
  • One time $30 promotional credit towards a booking

Silvercar

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.

Elite Hotel Benefits At Relais & Châteaux

If you book through the Visa Infite concierge and stay two nights at qualifying Relais & Châteaux properties you’ll receive Club 5C status. Normally you need to stay an average of 18 nights annually to receive this status. It gives you the following benefits:

  • Access to a special reservations line
  • Welcome gifts & amenities
  • Unique experiences/extras (e.g picnic lunch served by Little Nell at the top of Colorado’s Aspen Mountain)

An example of what you receive can be found on the website for the Wedgewood Hotel.

Metal Card

Card is made from metal.

Earning Rewards

50,000 Point Sign Up Bonus

This card has a sign up bonus of 50,000 points after $4,500 in spend within the first 90 days.

Ongoing Spend

  • Card earns at the following rates:
    • 3x on mobile payments (including LoopPay/MST transactions, see also this post)
    • 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

Transferring FlexPerks Points

It’s possible to transfer FlexPerk points to Altitude points, but not vice versa. Keep in mind that FlexPerks have a maximum redemption value of 1.5¢.

Redeeming Rewards

Real-time Rewards 1.5¢ Per Point

Real-time rewards lets you redeem points for 1.5¢ per point, more details here.

Airfare, Hotels & Car Rental 1.5¢ Per Point

You can redeem points for airfare, hotels & car rental at a rate of 1.5¢ per point. Keep in mind that you need to use their booking system and that’s far from perfect. Usually it prices the same as elsewhere or by booking directly and you’ll still earn airline miles/credits.

Annual Fee 1.14¢ Per Point

Instead of paying the $400 annual fee in cash you can offset it by paying 35,000 in points for a value of 1.14¢ per point. Can also be used for authorized users.

Statement Credit 1¢ Per Point

You can redeem points for statement credit at a rate of 1¢ per point.

Our Verdict

This card is worth signing up for a lot of people:

  • 50,000 point sign up bonus (worth $500 or ~$750 towards flights)
  • $325 in travel credits
  • $400 annual fee

I don’t think travel credits are worth the same amount as straight cash, but even at 80% of face value that’s $260. Worst case scenario you use 35,000 points to offset the annual fee leaving you with $150 worth of points and $325 ($260 ‘cash value’) in travel credit.  By no means the best bonus ever, but well worth applying for. Obviously if you value the card benefits (and I think they are very weak) then the value proposition gets even better.

What’s really interesting for me and a lot of other people is the ability to get 3x points on mobile wallet purchases. This could be amazing for manufactured spending (and regular spending if you just use Visa gift cards purchased with this for your regular purchases) depending on what stores near you accept mobile payments. Even better for people with eligible Samsung Phones as the MST technology means it can be used on most swipe only payment terminals. We also took a look at the cheapest way to get Samsung Pay in this post.

I personally don’t think this card will be worth keeping after the first year for the majority of people, unless you can really make use of the 3x categories. Let me know if you agree/disagree in the comments below.

Follow-up note: US Bank has been aggressively shutting down accounts of those who buy Visa gift cards. Steer clear.

Tips/Things To Know

F.A.Q’s

I’ll answer the more commonly asked questions here.

What are my options for getting a Samsung

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486 Comments
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Hari
Hari (@guest_765855)
June 2, 2019 13:17

 William Charles DP : Priority Pass Membership can be opened in the name of anyone and not necessarily the card holder. The application page allows you to enter anyone’s name. My friend got the card delivered in his name but I used my address to be on the safer side.
App page screenshot: https://imgur.com/a/LxYgfrv

Hari
Hari (@guest_765857)
June 2, 2019 13:18

This helps for folks that already have PP through other cards and can get one for your friends/family. Makes this card worth keeping for me.

Kafka
Kafka (@guest_1452655)
September 26, 2022 04:57

Also for people with more than two family members (depending on kids’ ages and each lounge’s policies). Each of the four visits also comes with one guest.

Prologer
Prologer (@guest_778482)
July 4, 2019 07:41

It can be any name and any address.
Ordered the Priority Pass card for my wife and let them send it to our temporary international address without any problem.

Drew
Drew (@guest_796643)
August 11, 2019 14:40

Thanks! Was able to do the same for my wife

Floating Heads
Floating Heads (@guest_1202942)
June 8, 2021 19:00

 William Charles can this tip be pinned? One of the most helpful comments on here, but it’s super buried.

Jeffgo
Jeffgo (@guest_1901145)
August 28, 2024 14:35

Gogo Wifi passes are no longer offered with this card if you want to remove that from this post.

SleepyScroller
SleepyScroller (@guest_1303180)
December 21, 2021 09:32

After getting this card, I travelled internationally recently and used a lounge access for first time .. I dont think I will ever loose this card .. The lounge access was so amazing

Beat2def
Beat2def (@guest_1342008)
March 3, 2022 08:19

Does it work for the Priority Pass Cap 1 Venture X card as well?
It doesn’t seem to work with Amex cards.

MoreSun
MoreSun (@guest_1520220)
December 27, 2022 18:32

Note once you do this it cannot be undone. I tried to get my PP back in my name and neither us bank nor pp could help. Maybe it can be undone by transferring the PP to an au and then transferring it back to the main account holder, but I haven’t tried that yet.

Penn Adam
Penn Adam (@guest_1567132)
March 2, 2023 10:51

Please share the steps if you were able to eventually transfer the PP membership to a your own name.

MoreSun
MoreSun (@guest_1567142)
March 2, 2023 10:57

I plan to try later this month. I’ll report back on how it goes!

MoreSun
MoreSun (@guest_1589216)
March 31, 2023 16:11

I called and US Bank said the PP can be issued in my name or my authorized user’s name but once it’s issued that’s it. They can’t change it or cancel it unless the card is closed.

John
John (@guest_1641730)
June 25, 2023 19:26

MoreSun It could be worth trying to get a new card number (report your card as lost), and then registering PP in your name on the new card number. I recently had to get a new card number, and it seems like I am able to register brand new PP. Too scared to try it myself under a different name though, since I’m already satisfied with my account under the old card number. But would be interested to know if it helps your situation.

MoreSun
MoreSun (@guest_1643394)
June 28, 2023 15:38

I can’t believe I forgot to update this! You are right! I stumbled on this last month when my card got lost and I had to order a replacement, it let me put my name in & I was able to submit for a PP. It’s been registered and everything, haven’t gotten a chance to test it yet though!

Alan
Alan (@guest_1662154)
July 29, 2023 11:16

Try to check it in the PP app, if it’s a valid account, the card will be there to use.

bicyclep
bicyclep (@guest_1824191)
April 1, 2024 19:45

Hari I do have a few of PP and I put them all under my name by pure inertia… will I be able to change any of them to another person? thx

Temu royalty
Temu royalty (@guest_1949851)
November 12, 2024 18:31

This card is no longer on the market. Please remove from the best credit card sign up bonuses page!

spirits2200
spirits2200 (@guest_1949403)
November 11, 2024 23:40

U.S. Bank Personal Credit Cards (no longer accepting new applications) ???

George
George (@guest_1948191)
November 10, 2024 07:56

$750 for SUB less $75 on first year annual fee loss, plus $400 double dip travel credit. To me that equals $1,075 if only keep this card one year. Am I missing anything? This might be worth a 5/24 slot.

Brad
Brad (@guest_1942788)
November 1, 2024 18:22

can you double dip on the $325 travel credit? i.e. once its a new cardmember year, spend on travel, get reimbursed, and then cancel the card and get the AF refunded?

nobanklove
nobanklove (@guest_1941988)
October 31, 2024 17:22

Lounge access is now 8 visits, distributed as you want across any combination of individuals, instead of 4 for the primary card holder and 4 guests. This is important for me since I’ll be traveling w/ kids, so being able to bring more guests into the lounge has value.

From the fine print, I think one card holder can be enrolled, but I think you can enroll an authorized user instead if you want. At least that’s my read of the fine print.

surprised
surprised (@guest_1937554)
October 24, 2024 08:56

If the PP is in my name, can I let my wife and 8 year old kid go in a lounge while I sit out, or do I have to be the one going in the lounge?

Priyanshu
Priyanshu (@guest_1918882)
September 25, 2024 08:44

DO i need to be an US Bank customer to open any credit card with them?
I heard that for checking account, one need to have an existing relationship.

Hari
Hari (@guest_1933751)
October 17, 2024 13:00

Not anymore as of 9/25/22 update at the top of this article.

qbert
qbert (@guest_1916936)
September 21, 2024 19:23

Is this supposition correct? The “1x on all other purchases” is effectively 2.5% with travel RTR.

qbert
qbert (@guest_1916937)
September 21, 2024 19:28

*ahhh* nvm. bad math. 1% x 1.5 RTR = 1.5%. lol. Not 1% + 1.5 RTR lol

Bobby
Bobby (@guest_1913310)
September 17, 2024 10:40

Applied on 9/9/24 at 0/6 and 2/12 with a trans union of 760. Received denial letter in mail on 9/16/24. Gonna try calling the recon line in a couple days. Annoying as fuck to skip out on SUBs for the last 6 months for this to not pan out.

MattI
MattI (@guest_1889703)
August 7, 2024 23:17

Interesting offer came in today after not having used the card for a few months:

“<First name>, earn up to 20% more points”

Earn up to 20% more points (up to 2,000 points) on purchases after you spend $100.

Enroll your U.S. Bank Altitude® Reserve Visa Infinite® Card by August 31, 2024. Eligible purchases made from August 1 – September 30, 2024 will count toward this offer.

Terms: This offer is valid on purchases made August 1 – September 30, 2024 (promotion period) and you need to enroll by August 31, 2024. To be eligible for the offer, you need to spend a minimum of $100 in net purchases during the promotion period. Net purchases are purchases minus credits and returns. Once the minimum spend has been met, additional net purchases made during the promotion period will be awarded a bonus 0.2 points per dollar spent (up to 2,000 points). The additional points will be credited to your Account 2–3 billing cycles after the end of the promotion period. Your Account must remain open and be in good standing (not past due or overlimit) to qualify. This offer may not apply if your credit card has changed to a different type of card within the last 8 weeks before August 1, 2024, or changes before the additional points is applied. If you have any questions, call Cardmember Service at 844-357-2015.