U.S. Bank Altitude® Go Visa Signature® Card
Overview of the U.S. Bank Altitude® Go Visa Signature® Card
The U.S. Bank Altitude® Go Visa Signature® Card is designed for everyday spenders who prioritize earning rewards on dining and takeout. With no annual fee and various lucrative benefits, this card is a solid choice for anyone looking to maximize their rewards on routine purchases. Whether you are a frequent diner, a coffee shop enthusiast, or someone who enjoys the occasional takeout meal, this card offers a structured rewards program that aligns perfectly with those habits.
Rewards Structure
The Altitude® Go Visa Signature® Card features an attractive rewards structure that allows cardholders to earn 4 points per dollar on dining, including takeout and delivery, 2 points per dollar on grocery store purchases, gas stations, and streaming services, and 1 point per dollar on all other eligible purchases. This tiered system ensures that you are rewarded significantly for your most common spending categories. Here’s how the rewards stack up:
- Dining (including takeout and delivery): 4 points per dollar
- Grocery Stores: 2 points per dollar
- Gas Stations: 2 points per dollar
- Streaming Services: 2 points per dollar
- All other purchases: 1 point per dollar
Sign-Up Bonus and Benefits
New cardholders can take advantage of a generous sign-up bonus. Currently, the U.S. Bank Altitude® Go Visa Signature® Card offers a bonus of 20,000 points after spending $1,000 in eligible purchases within the first 90 days of account opening. This is enough to redeem for a $200 statement credit toward travel purchases, making it a valuable incentive for new users. In addition to the sign-up bonus, the card provides a suite of travel and purchase benefits, including:
- Travel and Emergency Assistance: Access to help when traveling abroad.
- Cell Phone Protection: Coverage for damage or theft when you pay your monthly bill with the card.
- No Foreign Transaction Fees: Ideal for international travelers.
Redemption Options
The points earned with the U.S. Bank Altitude® Go Visa Signature® Card can be redeemed in a variety of ways, providing flexibility for cardholders. Points can be used for cash back, travel bookings, gift cards, or merchandise. Here’s a breakdown of how points can be redeemed:
| Redemption Type | Value Per Point |
|---|---|
| Cash Back | 1 cent |
| Travel Bookings | 1 cent |
| Gift Cards | Varies |
| Merchandise | Varies |
This versatility allows users to choose the best value for their points based on personal preferences and needs.
Fees and Interest Rates
One of the standout features of the U.S. Bank Altitude® Go Visa Signature® Card is that it comes with no annual fee, making it accessible for a wide range of users. However, it’s important to be aware of other fees associated with the card. The foreign transaction fee is $0, which is advantageous for travelers. The variable APR on purchases and balance transfers can range from 18.24% to 27.24% based on creditworthiness, so it’s advisable to pay off balances in full to avoid high-interest charges. Here’s a quick summary of the fees:
- Annual Fee: $0
- Foreign Transaction Fee: $0
- Balance Transfer Fee: 3% of the amount of each transfer
Conclusion: Is the U.S. Bank Altitude® Go Visa Signature® Card Right for You?
The U.S. Bank Altitude® Go Visa Signature® Card is an excellent choice for those who frequently dine out, shop at grocery stores, or utilize streaming services. Its robust rewards structure, combined with the lack of an annual fee and valuable benefits, makes it a competitive option in the credit card market. If you prioritize earning points on everyday purchases and are looking for a straightforward rewards program, this card might be the perfect fit. However, if you carry a balance, be mindful of the potentially high-interest rates, and consider whether the rewards you earn will outweigh any interest charges incurred. Overall, the Altitude® Go Visa Signature® Card provides a balanced approach to earning and redeeming points, making it worth considering for your wallet.