US Bank Altitude Reserve Card

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Old Jun 9, 19, 9:32 am   -   Wikipost
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US Bank Altitude Reserve card
  • 50,000 bonus points after $4,500 spend within first 90 days
  • Up to $325 annually in statement credits for eligible travel purchases
  • $400 annual fee
Travel category is defined as follows: purchases made directly with airlines, hotels, car rentals, taxicabs, limousines, passenger trains and cruise line companies
Mobile wallet category is defined as follows: the method of paying for a transaction by use of a mobile device (in-store, in-app or online) and includes ApplePay®, Samsung Pay, Android Google Pay™, Microsoft Wallet

Card provides primary CDW coverage in the US for cars up to $75k in value up to 15 days. In other countries coverage is up to 31 days. Excluded countries: Israel, Jamaica, Ireland and Northern Ireland.
Card provides 4 Priority Pass lounge visits for primary cardholder and 1 guest per PP membership year.

Direct link to application:
http://mycard.usbank.com/credit/team...e_reserve.html
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Old Apr 25, 17, 9:08 am
  #46  
 
Join Date: May 2013
Posts: 355
Originally Posted by Stgermainparis View Post
Well, you must be a USBank customer to apply for the Altitude. That part doesn't seem negotiable. So you'd need to first open a different USBank consumer cc and wait 35 days (or 30?), before you can open one. Of course, two apps that close together with USBank might be problematic since they are apparently touchy about apps.

I'm guessing they are trying to roll this out slowly so they don't get hit with an unmanageable number of apps.
Ok, that's certainly one way! Is it the best way, I'm curious?

As you mentioned, this solution might not be in best interests of both the bank and the customer.
flyershmlyer is offline  
Old Apr 25, 17, 3:05 pm
  #47  
 
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Originally Posted by flyershmlyer View Post
Ok, that's certainly one way! Is it the best way, I'm curious?

As you mentioned, this solution might not be in best interests of both the bank and the customer.
You could try opening a checking account instead of another CC. Go for the gold checking package which has no fees as long as you have a consumer CC open with them.
TheVJOng is offline  
Old Apr 25, 17, 4:15 pm
  #48  
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Am I reading this correctly you only get four lounge visits? I know the net fee is only $75 after the travel credit, but that seems weak compared to CSR which clocks in at $150 net.
Cheers
Howie
stockmanjr is offline  
Old Apr 25, 17, 4:36 pm
  #49  
mia
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Originally Posted by stockmanjr View Post
Am I reading this correctly you only get four lounge visits?
Correct. They are likely assuming that most of their applicants already have Priority Pass from another source, and this could be a ploy to push the cost of the benefit to the other card issuer. It remains to be seen if they will actually bill for visits beyond four.
mia is offline  
Old Apr 25, 17, 5:12 pm
  #50  
 
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Originally Posted by TheVJOng View Post
You could try opening a checking account instead of another CC. Go for the gold checking package which has no fees as long as you have a consumer CC open with them.
If OP had a consumer CC w/ Usbank, he would not need the checking account. Can you open a checking account from out of state?
Stgermainparis is offline  
Old Apr 25, 17, 6:04 pm
  #51  
 
Join Date: Apr 2012
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Well Visa Infinite's $10,000 min for credit lines was short lived, it's now $5000? Well guess we can expect Visa and partner issuers to flood the market handing out Visa Infinite to every new card. Can't wait to see Chase Freedom Visa Infinite. What's the point of introducing a new tier beyond Signature if you're going to dilute? Oh well, very average looking card design but maybe the physical card will look nicer.
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Old Apr 25, 17, 8:59 pm
  #52  
 
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Originally Posted by Nick92 View Post
Well Visa Infinite's $10,000 min for credit lines was short lived, it's now $5000? Well guess we can expect Visa and partner issuers to flood the market handing out Visa Infinite to every new card. Can't wait to see Chase Freedom Visa Infinite. What's the point of introducing a new tier beyond Signature if you're going to dilute? Oh well, very average looking card design but maybe the physical card will look nicer.
In Canada they already flooded the market with Visa Infinites. Every bank has a few Visa Infinites for a few years already.
This card should be excellent, if you have Samsung Pay, that means 4.5% for almost all in-person transactions. This will be good addition to CSR, Ink Cash, Citi ATTAM and Amex EDP, which will cover most of the purchases. Chase Freedom Unlimited will not be needed that much anymore.
yugi is offline  
Old Apr 26, 17, 7:47 am
  #53  
 
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Originally Posted by TheVJOng View Post
You could try opening a checking account instead of another CC. Go for the gold checking package which has no fees as long as you have a consumer CC open with them.
Originally Posted by Stgermainparis View Post
... Can you open a checking account from out of state?
This type of conflicting reports I was hoping might be sorted out by now. Probably too early to tell, though.
flyershmlyer is offline  
Old Apr 26, 17, 8:25 am
  #54  
 
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Noticed that little blurb about using mobile processing payments and purchasing cash equivalents....
DeltaNeutral28 is offline  
Old Apr 26, 17, 8:49 am
  #55  
 
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I found it strange one of the Q/A said Expedia is not "Travel". I thought Expedia is coded as "Travel" so they just exclude all the travel booking sites?
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Old Apr 27, 17, 5:41 am
  #56  
 
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Originally Posted by mia View Post
Correct. They are likely assuming that most of their applicants already have Priority Pass from another source, and this could be a ploy to push the cost of the benefit to the other card issuer. It remains to be seen if they will actually bill for visits beyond four.
i wonder what the data is on usage of Priority Pass memberships, i have it through the amex plat but use it once a year if that, and alot of CSR holder's in my office hardly ever use it. They might have looked at the data and capped the freebies at 4 out of that analysis.
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Old Apr 28, 17, 5:21 pm
  #57  
 
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Any idea if authorized users are considered existing USBank customers? My spouse is an AU on my USbank visa and it appears on his credit report as such.
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Old Apr 30, 17, 12:43 am
  #58  
 
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I wish I didn't close my Carlson card a few months ago now
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Old May 1, 17, 3:16 am
  #59  
 
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Application is now live:
http://mycard.usbank.com/credit/team...e_reserve.html
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Old May 1, 17, 6:01 am
  #60  
 
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Originally Posted by progapanda View Post
I applied and was not approved "based on the information provided." They'll "follow up within 7-10 days" with a letter.
(I have a FlexPerks card with them and a checking account. The FlexPerks card for 9 months, the checking account for a few weeks.)

Waiting to hear other peoples experiences and who gets instant approvals...
gm9928 is offline  

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