The U.S. Bank Business Altitude Connect card now offers a 75,000-point welcome bonus (valued at $750 when redeemed as a deposit into a U.S. Bank checking account) after spending $6,000 on the card within the first 180 days. The $95 annual fee is waived for the first year, making the card effectively free to try for a year.
- Earn 5x points on hotels and car rentals booked through the U.S. Bank portal.
- 4x points on travel (including airfare and hotels paid directly to providers) and gas station purchases, including EV charging, up to $150,000 in annual spending.
- 2x points on dining, takeout, delivery services, and streaming platforms.
A standout feature is the $25 statement credit issued after every three consecutive months of taxi or rideshare transactions charged to the card. This benefit repeats indefinitely, potentially offsetting the annual fee for frequent users. The card also includes four annual Priority Pass lounge visits, which can be used at participating restaurants in addition to traditional lounges.
Since U.S. Bank points cannot transfer to airline or hotel partners, this card is best suited for businesses that can utilize the deposit redemption option or prefer straightforward rewards. The lack of foreign transaction fees and business-focused perks (without affecting Chase 5/24 status) make it a low-maintenance option for small business owners seeking consistent rewards on common expenses.