New U.S. Bank Rewards Card Offers Triple Points for Mobile Wallet Purchases
The new U.S. Bank Altitude Reserve Visa Infinite Card is the first rewards card to offer triple loyalty points for mobile wallet purchases. Payments made using this card on Samsung Pay, Apple Pay, Android Pay or Microsoft Wallet will be eligible for extra rewards, as well as travel-related purchases (plane tickets, hotel rooms, etc.).
Following the latest luxury card trend, the Altitude Reserve is made of metal and comes with a $400 annual fee. There is an early spend bonus of 50,000 points for users who spend $4,500 in the first 90 days, equivalent to $750 in travel credit.
Members receive a $325 annual travel credit, which covers most of the annual fee, and 12 complimentary Gogo in-flight Wi-Fi sessions. Users have access to over 1,000 VIP airport lounges throughout the country, as well as specialty rental car privileges.
In addition to travel benefits, the Altitude Reserve Visa comes with no foreign transaction fees and 0% foreign ATM fees. The card is backed with smart chip technology.
“This card provides on-the-go professionals an unmatched combination of innovative and truly valuable rewards, paired with concierge level service and small oases of luxury that help make life that little bit more rewarding and pleasurable every day,” said John Steward, U.S. Bank’s President of Retail Payment Solutions.