Chip Lupo, Credit Card Writer
@CLoop
The U.S. Bank Altitude® Go Visa Signature® Card categories for bonus rewards are dining, takeout, and restaurant delivery, gas stations, groceries and grocery delivery, EV charging stations, and streaming services. Purchases that fall into the U.S. Bank Altitude Go bonus categories get cardholders extra rewards compared to the card’s base earning rate.
Whether a purchase falls into a card’s bonus categories depends on “Merchant Category Codes,” which are assigned by the major credit card networks to merchants based on what kind of business they conduct. So if a merchant has the MCC for “dining,” for example, purchases made at that merchant will earn bonus rewards on cards that include “dining” as a bonus category.
When choosing a rewards credit card, it’s a good idea to pick a card that offers the opportunity to earn bonus rewards in your most frequent purchase categories. So if you spend a lot in the categories offered on the U.S. Bank Altitude Go card, it may be a good card for you.
People also ask
How much are U.S. Bank points worth?
U.S. Bank points are worth 1.3 cents per point, on average. The value of U.S. Bank points depends on how you choose to redeem the points. For example, points from U.S. Bank are worth up to 1.5 cents each when redeemed for travel through the FlexPerks Rewards program, and they are worth 1 cent each when redeemed for cash back.
U.S. Bank Points Value by Redemption Method
| Redemption... | Average Point Value | Value of 1,000 Points |
How do I redeem my U.S. Bank rewards?
To redeem U.S. Bank rewards, log in to the U.S. Bank My Rewards portal online and select a redemption option. U.S. Bank also allows cardholders to redeem rewards by calling the phone number on the back of their card or by using the U.S. Bank mobile app.
How to Redeem U.S. Bank Rewards Online
- Log in to your U.S. Bank credit card account.
- Go to the My Rewards portal.
- Find...
What are the different types of credit card rewards?
There are three different types of credit card rewards: points, miles and cash back. Rewards credit cards are also targeted to three main groups: students, small business owners and people with above-average credit.
Although there are differences between credit card rewards currencies and the ways in which credit card companies dole them out to different groups, the major types of credit card rewards all work pretty much the same way. You’ll earn rewards for...
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