With Coronavirus wreaking havoc on the travel industry, the premium travel credit cards like the Platinum Card from American Express, The Sapphire Reserve from Chase, and even the Altitude Reserve card from US Bank needed to find a way to keep its customers around. What’s the point of spending a lot of money for a travel credit card if you can’t even travel? These cards all have credits that can greatly offset the cost of the annual fee. In this case, US Bank is making a change to the $325 travel credit on their Altitude Reserve card.
From June 1st all the way until December 31, 2020, Altitude Reserve cardholders will be able to use their $325 travel credit for dining. These purchases will additionally earn 3x points. There is nothing that is required on the users end as far as activation, the offer is automatically applied.
Reporting on stories like these just makes me happy. I get that at the end of the day, the businesses are trying to avoid people closing out the high annual fee credit cards. However, it is a nice gesture for those of us that already had the card to begin with. It allows us to offset these fees on things we probably would have bought anyway which makes owning/renewing these cards a no brainer, even if we can’t really travel right now.
While dining may be a little bit harder to justify instead of normal grocery shopping, it’s still nice to see that they increased the earning rate from 1x to 3x for this time.
What do you think about this offer? Have you been able to get use out of the travel credit? Let us know down in the comment section below.