Good afternoon everyone, happy Friday! I was reviewing my US Bank credit cards and noticed a few upcoming changes to these 4 cards: Altitude Go, Altitude Connect, Cash+, and Shopper Cash. All of these changes go into effect on April 14, 2025.
US Bank Altitude Go Credit Card
Here are the major changes, but click here to see the full details:
- Discount on purchased gift cards: Coming in early 2025! Receive discounts of up to 5% on dozens of name brand gift cards.
- Updated rewards earning: 4X points on dining, takeout and restaurant delivery on your first $2,000 each quarter (then 1X point). You will continue to earn 2X points at grocery stores, at gas stations/EV charging stations and on streaming services and 1X point on all other eligible purchases. Plus, $15 credit for annual streaming service purchases. Excludes discount stores/supercenters and wholesale clubs.
- Reward redemption and expiration changes: Points will not expire as long as you keep your account active. To keep your account active, simply make a purchase, maintain a balance or redeem rewards. Points will expire if there is no activity for 12 consecutive billing cycles. You’ll get the most value when you redeem points as a deposit to an eligible U.S. Bank account, at $0.01 per point—where 10,000 points are equal to $100. And, you can redeem points for a monetary charity contribution to a variety of nonprofits, and U.S. Bank will match your contribution at 100%. When redeeming points for a statement credit, travel, gift cards, merchandise, Real-Time Rewards and U.S. Bank Rewards Card, the point values and redemption minimums may vary over time, and will be disclosed upon redemption.
5% discounts on gift cards is not very exciting. The $2,000 quarterly cap on the 4x categories is new, since there is currently no cap on those categories. US Bank might change the redemption minimums for Real-Time Rewards.
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