Good morning everyone. As part of my “Keep, Cancel or Convert?” series, I like to evaluate and reevaluate credit (and charge) cards to make sure they still deserve a spot in my wallet. Last week, I reviewed my American Express Business Platinum Charge Card and Chase Sapphire Reserve Credit Card. In today’s post, I will review my US Bank Altitude Reserve Credit Card, which could be my favorite credit card that I never carry (it is my default credit card in my ApplePay wallet though).
Even though the $400 annual fee for this credit card won’t post until March, I have been mentally thinking over my premium credit cards and seeing if there are ways to save some money on annual fees (read I Paid $4,588 in Credit Card Annual Fees in 2019 & Was it Worth it?). My December credit card statement closed a few weeks ago and I wondered if I get enough value out of this credit card to justify the annual fee. In 2019, I earned 66,492 FlexPoints (50,000 FlexPoints came from the sign up bonus) and I only spent $8,229 ($4,500 were required to complete the minimum spending requirement). I will review the credit card benefits and tell you why I think this credit card is a keeper.