We may change APRs, fees, and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.
Interest Rates and Interest Charges | U.S. Bank Altitude® Reserve Visa Infinite® Card |
Annual Percentage Rate (APR) for Purchases | 16.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate. |
APR for Balance Transfers | 16.99% to 23.99% based on your creditworthiness when you open your account. This APR will vary with the market based on the Prime Rate. |
APR for Cash Advances | 25.99% This APR will vary with the market based on the Prime Rate. |
Penalty APR and When it Applies | Not applicable |
How to Avoid Paying Interest on Purchases | Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. |
Minimum Interest Charge | If you are charged interest, the charge will be no less than $2. |
For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore |
Fees | U.S. Bank Altitude® Reserve Visa Infinite® Card |
Annual Fee | |
• Annual Membership Fee
|
$400 |
• Additional Card Fee
|
$75 annually per additional card issued. |
Transaction Fees | |
•
Balance Transfer
|
Either 3% of the amount of each transfer or $5 minimum, whichever is greater. |
•
Convenience Check Cash Advance1
|
Either 3% of the amount of each advance or $5 minimum, whichever is greater. |
•
Cash Advance ATM
|
Either 5% of the amount of each advance or $10 minimum, whichever is greater. |
•
Cash Advance
|
Either 5% of the amount of each advance or $10 minimum, whichever is greater. |
•
Cash Equivalent Advance
|
Either 5% of the amount of each advance or $20 minimum, whichever is greater. |
•
Overdraft Protection
|
None |
•
Foreign Transaction
|
None |
Penalty Fees | |
•
Late Payment
|
Up to $40 |
•
Returned Payment
|
Up to $40 |
•
Overlimit
|
None |
Rewards are earned on eligible Net Purchases. Net Purchases are Purchases minus credits and returns. Not all transactions are eligible for rewards, such as Advances, Balance Transfers and Convenience Checks. Upon approval, please refer to the materials received with your new card and the Program Rules in the online Rewards Center by logging in to usbank.com for additional information. Account must be open and current (that is, no Minimum Payment is past due) on the closing date of the billing cycle in order to earn and redeem Points. Merchants identify their business by selecting a merchant category code established by Visa. A Purchase will not earn additional Points if the merchant’s selected code is in a category that is not eligible for additional Points earning. U.S. Bank does not determine the category codes that merchants choose and reserves the right to determine which Purchases qualify for additional Points. We reserve the right to adjust the number of Points for Purchases or to stop issuing Points for Purchases on the Account, upon notice to you. Use of the Card is subject to terms and conditions of the U.S. Bank Altitude Reserve Visa Infinite Cardmember Agreement, which may be amended from time to time.
U.S. Bank Altitude Reserve Visa Infinite Cardmembers will earn one (1) Point for every $1 in eligible Net Purchases. In addition, you will earn additional Points for the following Net Purchases: You will earn four (4) additional bonus Points for every $1 in eligible Net Purchases spent on prepaid car and hotel reservations purchased in the online Altitude Rewards Center using your U.S. Bank Altitude Reserve Card. Prepaid car and hotel reservations in the Rewards Center are not classified as a travel category merchant transaction and are not eligible to receive the additional Points for that category. Please allow 1-2 statement billing cycles for your bonus Points to appear on your credit card statement. Refer to the Rewards Center for full details. You will earn two (2) additional Points for every $1 in eligible Net Purchases during each billing cycle for transactions made directly with merchants who classify their business as a travel category transaction (such as purchases made directly with airlines, hotels, car rentals, taxicabs, limousines, passenger trains and cruise line companies), and for transactions using a mobile wallet. “Mobile wallet” is defined as the method of paying for a transaction by use of a mobile device (in-store, in-app or online) and includes ApplePay®, Samsung Pay, Google Pay™ and LG Pay®. If the transaction is an eligible mobile wallet transaction and an eligible travel category transaction, additional Points will only be awarded for one of the transaction types (Points will be applied as mobile wallet, not travel). Through 6/30/2021, you will earn a total of two (2) additional points for every $1 in eligible Net Purchases made from any merchant classified as a restaurant, fast-food restaurant or bar. If the transaction is an eligible mobile wallet transaction and an eligible dining category transaction, additional points will only be awarded for one transaction type (points will be applied as mobile wallet, not dining).
Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. For a list of compatible Apple Pay devices, see support.apple.com/km207105. Google Pay is a trademark of Google LLC. ©2020 Samsung Pay is a trademark or registered trademark of Samsung Electronics Co. Ltd. Use only in accordance with law. LG Pay is a registered trademark of LG Corp. Compatible with select credit/debit cards and select LG smartphones. App is downloadable from the Google Play™ store.