U.S. Bank Altitude Reserve WILL Earn 3x On MST (LoopPay Transactions)

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• Is it known whether the ability to redeem points to pay for the annual fee will exist for the first year's AF? Assuming the AF comes due before the minimum spend is complete, will there be an opportunity to redeem points subsequently for a credit in the amount of the already-paid AF?

• yall gonna confuse people

  750 towards air travel + 325 annual travel credit is clearly stated by DoC

  https://www.doctorofcredit.com/confirmed-details-regarding-u-s-banks-altitude-premium-visa-infinite-credit-card-eligibility-requirements/

  • meant to reply to Paul...sorry for the confusion :)

• But it's still worth 500 in cash, plus the 325 travel credit. So, still good for a net of 75 fee.

  • $75 for a hard pull isn't worth it. Only worth it if you can consistently use the 3x bonus for mobile wallet

• Lots and lots of people will apply and before getting their rewards US Bank will devalue. That's my worst case scenario

• Any idea which Samsung phones will support a Google Fi card? I am guessing just getting a refurbished T-Mobile Galaxy s6 is my best bet.

  • Just get a Samsung phone with dual GSM/CDMA radios and you should be fine. If your only options are GSM-only (AT&T/T-Mobile) or CDMA-only (Verizon/Sprint), then I'd go for the GSM-only one, as you'll get coverage on T-Mobile with a Google Fi SIM card. There are many DPs of Google Fi SIM cards working on officially unsupported phones, but do your research first.

  • Only Nexus and Pixel phones are working with Google Fi: https://fi.google.com/about/faq/#supported-devices-2

• Is there any workaround to those very expensive Samsung phones?

  • There is a standalone "Looppay card" that works with android and ios. It's currently sold out on their website, but it looks like you can get it from Ebay for $40.

    I'd be really curious to hear reviews of this card if anyone has tried it.

    • It's been discontinued and the app is no longer available. Part of Samsung 's effort to make MST exclusive to their phones.

    • Do you think that will work for the 3%? It looks like it use its own app not Android or Apple pay so would it be counted as a mobile wallet?

• Yes they may devalue it, but unlike their previous offerings, this is a premium card with a large annual fee. Since customers will be paying a $400 AF upfront for promised benefits later, I would presume that legally they can't change those benefits within the first year without lawsuits or demands for AF refunds. So those able to get this card should have at least a year of good times.

  • We discuss this here: https://www.doctorofcredit.com/what-changes-cancant-credit-card-issuers-make-in-the-first-year-of-approving-a-card/

• trying to use MST on every purchase sounds like a huge headache

  • From my looking at YouTube videos, it looks pretty painless. Considering how many large purchases I make at NFC/POS terminals from stores often not in a bonus category or in a capped one, this is rather exciting.

  • My wife can practically use Samsung Pay everywhere where you don't have to give your card to the cashier/waiter, with only a few places where it doesn't work. I'd say approximately 80% of our in-store payments work through Samsung Pay.

    One place it doesn't work is at gas pumps. They have this insert and quickly remove card mechanics around here, and it looks like it's shielded and doesn't detect the phone. Another is the local Walmart, the terminal approves the charge, it goes through at the bank, but then the terminal displays / prints out that it's cancelled. I remember this as the cashier asked us why the hell did we cancel when it was approved.. (we tried multiple times, this is consistently what it's doing.)

    • Actually you can use Samsung pay at gas stations. Look it up on YouTube, I've done it a bunch of times until I found an easier way to rack up transactions. What you have to do is slide a card in with the magnetic strip at the bottom (ie, so it doesn't actually get read). This will initialize the read sequence, and during this whole time, you quickly place your phone against the reader. Sometimes you have to get the timing right, but I was starting to nail it on my first attempt constantly.

  • On the bright side NFC is becoming more and more common.

• All this talk about how to accumulate points and I haven't seen a single blogger talk or do a write up about how crappy their reservation system is and all it's flaws. Kind of sad as this feels like a pump and dump. atleast Doc is warning people about how US bank is notorious for nerfing cards so people can't say they were not warned. But most hardcore readers will know this, it's just sad that the average joe will read all these blogs, get excited, get the card and have a hell of a time using his points or having the card get nerfed on him 3 month into it. oh well... carry on with building this card up.

  • joE, What is so bad about the reservation system? Is it poor usability / interface or is it bad value because you can find much better prices somewhere else or something else?

    Would love to see DOC do a review of the system

    • This is exactly what I'm talking about Reg. You don't know anything about the system because no one covers it. I didn't know either has I have never had to use it but from what I have gathered from user posts here and there, you won't find say all flights and what you do find is much more expensive so at the end up the day you're not getting any better value just beacuse you got alot of points.

      Now obviously that's not the case in every situation but I've had people say if it's on the same platform as the flexpoints, which it is, then they will not even bother w the card.

      Anyways, my point is the onus falls on these same bloggers that are pumping this card for it's positives to show people it's potential negatives, in this case being the end game aka using your freaking points!

      • I'm a bit confused on why you say a system is awful that you've never used it before. There is also still the base redemption of 1¢ per point I believe on this card.

        • Picking credit cards is like picking stocks. I don't have to own every stock to know the pros and cons of the a company. Instead I do research and my due diligence before I decide which stock, in this case credit card, to invest in.

          Based on my research, aka data points, there are plenty of people who have mentioned the flaws up US Banks travel portal, Rob being another one.

          I think we all, including yourself, utilize other people's data points and experiences to come up with our conclusions. So I said what I had to say if you don't agree or don't understand, that's perfectly fine.

        • I understand where you're coming from, but I think you're overstating the flaws for most people. I'll either do a post/link to a FM post on the subject as you're right in that it's something that should be mentioned.

      • I agree since this is My experience as well. Have not been able to use my points even though i Have 80k exactly because of overpriced flights or lack of flights.

• I miss the "old" version of U.S. Bank Cash+. That version was better than this card. I'll give this 6 months, max.

  • Might be difficult to change this within 6 months because of the annual fee. Not strictly illegal though: https://www.doctorofcredit.com/what-changes-cancant-credit-card-issuers-make-in-the-first-year-of-approving-a-card/