US Bank Launches New Business Altitude Power Card
US Bank has added a new product to its lineup of business credit cards. The new U.S. Bank Business Altitude™ Power World Elite Mastercard® offers 2X on all other purchases, and 2.5X on up to $5,000 in mobile wallet purchases each quarter. It comes with a 75,000 points bonus and an annual fee of $195 which is not waived the first year. Let’s take a look at the details.
The Offer
- Earn 75,000 bonus points after spending $10,000 on the Account Owner’s card in the first 120 days of opening your account.
- Annual Fee: $195
- DIRECT LINK TO OFFER
Card Details
- Earn:
- 6X on hotels and car rentals when booked directly in the Rewards Center.
- 2.5X points on up to $5,000 in mobile wallet purchases each quarter.
- 2X points on all other purchases.
- Save on foreign transaction fees
- Pay over time with a U.S. Bank ExtendPay® Plan.
Points are redeemable toward merchandise, gift cards, cash back , travel and more at a value of 1 cent each. Points never expire on your U.S. Bank Business Altitude™ Power World Elite Mastercard®.
Cardmembers may transfer points between the Business Altitude™ Connect Card, the Business Altitude™ Power Card, the Altitude® Go Card and the Altitude® Connect Card.
Conclusion
This new business card comes with a good welcome bonus that is worth $750 and decent earning rates for everyday purchases. However, it also has an annual fee of $195, and not much in terms of benefits.
While you have a few redemption options for the rewards this card earns, including transferring to some other cards, the Altitude Reserve Visa Infinite Premium Credit Card is not a transfer option.
