U.S. Bank Altitude Go Review: 4X Points at Restaurants for No Annual Fee

If you're a foodie looking for a fee-free rewards credit card, the U.S. Bank Altitude® Go Visa Signature® Card may be the creme de la creme.

The card's main course? Unrivaled rewards-earning potential on restaurant purchases among cards with a $0 annual fee. But it's not a one-trick pony. The card also offers solid earnings in categories like grocery stores, gas stations and eligible streaming services.

Unlike some other cards in its class, though, it doesn't earn bonus rewards on entertainment spending — things like movies, concerts, sporting events, etc. — which may be important if you routinely enjoy nights out on the town. And of course, if you cook at home more than you dine out, there are many better options for your budget.

» MORE: NerdWallet’s best no-annual-fee credit cards

U.S. Bank Altitude® Go Visa Signature® Card: Key features

Card type: Rewards.

Annual fee: $0.

Sign up bonus: Earn 20,000 bonus points when you spend $1,000 in eligible purchases within the first 90 days of account opening.

Rewards:

• 4 points per $1 spent on dining, including takeout and delivery.

• 2 points per $1 spent at grocery stores (including grocery delivery), gas stations, EV charging stations and on eligible streaming services.

• 1 point per $1 spent on all other eligible purchases.

Points don’t expire, and there’s no cap on the amount you can earn.

APR: 0% intro APR for 12 billing cycles on purchases and balance transfers, and then the ongoing APR of 19.49%-28.49% Variable APR.

Balance transfer fee: 3% of the amount of each transfer or $5 minimum, whichever is greater.

Foreign transaction fee: None.

Other benefits:

• $15 annual credit for eligible streaming services purchases like Netflix and Spotify.

• Visa Signature benefits.

Why you might want the U.S. Bank Altitude® Go Visa Signature® Card

It’s a dining rewards powerhouse

The card's 4X rate on dining, paired with no annual fee, is essentially best in class. To be sure, you can find other cards that earn that rate at restaurants — for instance, the Capital One® Savor® Cash Rewards Credit Card or the American Express® Gold Card. (Terms apply —see rates and fees.) But with both of those cards you'll have to pay an annual fee.

And while 5X back on restaurants is often an option on some no-annual-fee credit cards with rotating quarterly rewards, that's only for three months out of the year, and there's a cap on those rewards.

Among rewards credit cards with no annual fee, few products if any match the U.S. Bank Altitude® Go Visa Signature® Card for dining.

» MORE: Credit cards and food delivery: What are the rules on rewards rates?

It's super light on other fees

As noted, you won’t pay an annual fee to carry this card. But also, unlike some other $0-annual-fee credit cards, you'll avoid foreign transaction fees when you use your card abroad. (And since it's a Visa Signature, it'll be widely accepted internationally and includes useful benefits for travelers.) Lastly, the card also offers a 0% intro APR period: 0% intro APR for 12 billing cycles on purchases and balance transfers, and then the ongoing APR of 19.49%-28.49% Variable APR.

» MORE: NerdWallet's best no foreign transaction fee credit cards

You get a little something extra for streaming services

If you subscribe to an eligible streaming service, you’ll get a little bit of cash back each year if you charge it on your U.S. Bank Altitude® Go Visa Signature® Card. An annual credit of $15 will be automatically added to your statement for streaming services like Netflix, Spotify, Peacock or YouTube TV, to name a few.

It's not an immediate, upfront benefit. The credit comes annually, not monthly, and you'll receive it only after you've charged 11 consecutive months of eligible streaming expenses. Still, an automatic $15 credit on a $0-annual-fee card isn’t too shabby.

» MORE: NerdWallet's best credit cards for streaming services

It comes with a healthy bonus

While some $0-annual-fee credit cards don’t offer a bonus to get started, U.S. Bank Altitude® Go Visa Signature® Card offers the following: Earn 20,000 bonus points when you spend $1,000 in eligible purchases within the first 90 days of account opening.

That’s $200 worth of cash back, merchandise, gift cards or travel redemptions.

» MORE: Is it worth paying an annual fee for a credit card?

Why you might want a different card

No bonus rewards on entertainment spending

The dining rewards market is full of stiff competition, and perhaps the competitor that looms largest for the U.S. Bank Altitude® Go Visa Signature® Card is the aforementioned Capital One® Savor® Cash Rewards Credit Card. It, too, earns 4X rewards on dining purchases, but unlike the Altitude Go, it also earns that rate on eligible entertainment spending — including things like movies, concerts, sports events, theme parks and more. Plus, it offers a richer sign-up bonus. Of course, you'll also owe an annual fee. Still, if you plan to go out several nights a week, the Capital One® Savor® Cash Rewards Credit Card may be the better choice.

» MORE: U.S. Bank Altitude Go vs. Capital One Savor: Which one wins?

Not ideal if you cook at home

If you’re not spending much of your monthly budget on eating out, then the card's standout 4X on dining doesn't do much for you. And while its 2X earnings at grocery stores is a decent rate, you can earn more from a different card. For a $0 annual fee, you could also get the Blue Cash Everyday® Card from American Express, which earns 3% cash back on up to $6,000 a year in spending in each of three categories: U.S. supermarkets, U.S. gas stations and U.S. online retail purchases. Other purchases earn 1%. Terms apply (see rates and fees). Or, you could opt for the card's big sibling, the Blue Cash Preferred® Card from American Express, if you don't mind a $0 intro annual fee for the first year, then $95. It earns 6% back at U.S. supermarkets on up to $6,000 in spending per year; 6% back on select U.S. streaming subscriptions; 3% back on transit including U.S. gas stations; and 1% back on everything else. Terms apply (see rates and fees).

» MORE: NerdWallet's best credit cards for groceries

Points can’t be pooled or maximized for outsized value

The good news is that U.S. Bank Altitude® Go Visa Signature® Card points are simple and straightforward. You don’t have to worry about rotating bonus categories or worry about some redemptions being better deals than others. The downside is that because a point is worth one cent no matter what, you won’t be able to find ways to squeeze even more upside from them.

For instance, the U.S. Bank Altitude® Go Visa Signature® Card has a premium cousin called the U.S. Bank Altitude™ Reserve Visa Infinite® Card. It's a travel rewards card that gives cardholders the ability to redeem points for 1.5 cents each on travel. (To get this card, you must first have an existing relationship with U.S. Bank.) But notably, if you have both cards, you cannot transfer points between them.

Other rewards systems, like American Express Membership Rewards or Chase Ultimate Rewards®, allow such pooling.

» MORE: How to make the most of rewards credit cards

Should you get the U.S. Bank Altitude® Go Visa Signature® Card?

If you’re a foodie who doesn’t want to pay an annual fee, the U.S. Bank Altitude® Go Visa Signature® Card is your best bet. Its stellar rewards rate on dining — combined with solid returns on grocery stores, streaming services and gas stations — add up to an impressive combo.

But if entertainment spending makes up large chunk of your budget, or if you don’t spend much on eating out at all, you can do better.

To see how this card stacks up against the competition, see NerdWallet's list of the best credit cards to get.

To view rates and fees of the American Express® Gold Card, see this page. To view rates and fees of the Blue Cash Preferred® Card from American Express, see this page. To view rates and fees of the Blue Cash Everyday® Card from American Express, see this page.