US Bank Altitude® Connect Visa Signature® Card Review – Forbes Advisor

Earn rewards

US Bank Altitude Connect earns at the following rates: 5 points per dollar on prepaid hotels and car rentals booked directly in the Altitude Rewards Center, 4 points per dollar on travel and gas stations, 2 points per dollar in groceries, grocery delivery, restaurant and streaming services and 1 point per dollar on all other qualifying purchases.

There’s also a welcome bonus: 50,000 bonus points after spending $2,000 on qualifying purchases within the first 120 days of account opening.

Redeem rewards

Rewards are worth a penny per point and can be redeemed through the US Bank Rewards Center for cash back, travel, gift cards and merchandise. Cash Back is redeemed as a statement credit or as a deposit to your US Bank Savings or Checking account from a minimum redemption of 2,500 points. Travel, Points+Cash reservations through the US Bank Rewards Center, merchandise, and gift cards start at a minimum of 1,000 points.

A unique redemption option with US Bank Rewards Cards: You can redeem points instantly via text message with the Real-Time Rewards feature at participating retailers.

Rewards potential

Forbes Advisor uses data from various government agencies to determine both basic incomes and spending averages in various categories. The 70th percentile of salaried households brings in $100,172 a year and has $52,820 in standard expenses. Assuming that 50% of these expenses are charged to this card, the total annual card expenses would be $26,410.

Based on this, we estimate, based on the data, that the average US household spends about $3,185 on travel and $2,687 on gas per year, gaining 26,673 points. Our sample household also spends $10,093 on restaurants, including takeout and delivery, and grocery expenses, yielding an additional 20,186 points; $443 on streaming services that would earn 886 points. The remaining spend of $10,002 will earn one point per dollar for an additional 10,002 points. In total, a total of 57,747 points, worth $577, plus the first year welcome bonus can be earned on the card.

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