5 Things to Know About the U.S. Bank Altitude Reserve Credit Card

You get high-flying rewards and perks, including a travel credit that can significantly defray the $400 annual fee. But there are no travel partners.
5 Things to Know About the U.S. Bank Altitude Reserve Credit Card

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.

Updated · 2 min read
Profile photo of Gregory Karp
Written by Gregory Karp
Senior Writer
Profile photo of Jaime Hanson
Co-written by Jaime Hanson
Lead Writer
U.S. Bank Altitude™ Reserve Visa Infinite® Card
NerdWallet rating 

The U.S. Bank Altitude™ Reserve Visa Infinite® Card is not as well-known as some other high-end travel credit cards, but its lucrative rewards and perks make it a worthy contender, despite its hefty annual fee.

As a premium general travel card, it’s a fine choice. The card’s travel credit is huge, and rewards for travel spending are generous. It’s even great as your everyday credit card if you’re comfortable paying for purchases via a mobile wallet, such as Apple Pay or Google Pay.

Here are five things to know about the U.S. Bank Altitude™ Reserve Visa Infinite® Card.

1. It’s a premium travel card at a premium price

Chase Sapphire Reserve Credit Card
NerdWallet rating 

This card competes with such high-end travel cards as the Chase Sapphire Reserve®, The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card. They have annual fees of $550, $695 and $395, respectively. Terms apply.

The price of the U.S. Bank Altitude™ Reserve Visa Infinite® Card is $400. Though this probably won't appeal to the fee-adverse, you can offset the cost with a huge statement credit.

2. The annual fee is mitigated by a huge statement credit, sign-up bonus

This card offers $325 in annual statement credit toward dining and travel expenditures. Avid travel-card users who know they’ll fully use the credit will think of the card’s cost as the annual fee minus the $325 credit.

The credit is applied automatically to restaurant purchases and spending directly with such travel providers as airlines, hotels, car rental companies, taxis, limousines, passenger trains and cruise line companies. So if you use the card to buy a round-trip domestic ticket at American Airlines for $425, $325 of that amount will essentially be erased by the travel credit, costing you a net $100 for the ticket. (So you could consider it saving $325 on that ticket or saving $325 on the annual fee.)

The annual fee is also easier to swallow because of the sign-up bonus: Earn an enrollment bonus of 50,000 points worth $750 on travel. Just spend $4,500 in the first 90 days of account opening. That essentially pays for nearly two years of annual fees. Or, looked at another way: If you can always fully use the travel credit, the bonus washes out the annual fee for a decade.

3. Its rewards program is lucrative

You can earn serious points using this card.

  • 5 points per dollar spent on prepaid hotels and car rentals booked directly in the Altitude Rewards Center.

  • 3 points per dollar spent on eligible travel and mobile wallet spending.

  • 1 point per dollar spent on everything else.

Pay special attention to the triple points on mobile wallet spending. That means if you can pay for your in-person or online purchase using Apple Pay, Google Pay, or Samsung Pay, you’re getting a terrific rewards rate on categories of spending that few other cards can match. That makes the card valuable for non-travel spending.

Rewards are earned in a U.S. Bank points currency. Points are worth 1.5 cents each when redeemed through the U.S. Bank online portal to buy travel, such as flight tickets and hotel stays. (Points can also be redeemed at a lower rate for things like cash back, gift cards and merchandise.)

This high redemption rate is a big deal. That means that for every dollar you spend in the bonus categories, you earn 1.5x that if you redeem the points for travel through U.S. Bank. If you do that, the bonus rates translate to:

  • 7.5% on prepaid hotels and car rentals booked directly in the Altitude Rewards Center.

  • 4.5% on eligible travel and mobile wallet spending.

  • 1.5% on everything else.

🤓Nerdy Tip

On April 15, 2024, U.S. Bank sent a letter to U.S. Bank Altitude™ Reserve Visa Infinite® Card holders about a technical issue resulting in the wrong amount of points being issued for mobile wallet purchases as far back as December 2023. The bank is working to remedy the issue, but for now, recommends that cardholders remove and re-add their card to the mobile wallet in order to have purchases code properly for bonus rewards. You can learn more here.

4. Points can't be transferred to other travel programs

Unlike many of our top picks among premium travel credit cards, the U.S. Bank Altitude™ Reserve Visa Infinite® Card doesn't offer travel partners, meaning you can't transfer points to airline or hotel loyalty programs.

That's a big drawback, especially for high-frequency travelers who are used to strategically transferring credit card points to maximize their value.

Capital One Venture X Rewards Credit Card
NerdWallet rating 

By comparison, the Chase Sapphire Reserve®, The Platinum Card® from American Express and the Capital One Venture X Rewards Credit Card each offer points transfers to multiple airline and hotel chains — and most of those transfer at a 1:1 ratio.

5. It comes with other travel goodies

Like many premium travel cards, the U.S. Bank Altitude™ Reserve Visa Infinite® Card has a list of perks that goes on and on, and many of these benefits can be quite useful to travelers.

Visit NerdWallet's best credit card offers page to see how this card stacks up against others.


To view rates and fees of The Platinum Card® from American Express, see this page.
New Cardholder Benefits Added!

American Express® Gold Card

Travel

Dining

American Express® Gold Card
NerdWallet Rating
4.6

Access over $400 annually in benefits value with the American Express® Gold Card on eligible dining and travel purchases. Learn more here.

Read Full Review

Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

Get Started
Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.