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US Bank is offering increased bonuses on both the Altitude Connect and Business Leverage cards based on Team USA’s medal count at the Winter Olympics. The Altitude Connect is offering 50,000 points after $2,000 spend (which had been the normal bonus) with an additional 5,000 points if Team USA get 0-35 medals and 10,000 points for 36+ medals. The Business Leverage is offering $750 after $7,500 spend with an additonal $75 for 0-35 medals and $150 for 36+.
The Offers and Key Card Details
| Card Offer and Details |
|---|
20K points ⓘ Non-Affiliate 20K (worth $200 as a deposit into eligible account or towards travel) after $1K spend in 90 daysNo Annual Fee Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. Recent better offer: 50K after $2K spend in 120 days (Ended 9/9/24) FM Mini Review: This card offers decent returns on gas station and travel spend and it features no foreign transaction fees, but points are now only worth 0.8cpp. However, return on most other spend is relatively weak. Earning rate: 4X travel, gas stations & EV charging (excludes discount stores/supercenters and wholesale clubs) ✦ 2x take out, food delivery (including apps like GrubHub, UberEATS, etc), dining, grocery (including meal kit delivery) and streaming services Base: 1% Travel: 4% Dine: 2% Gas: 4% Grocery: 2% Other: 2% Card Info: Visa issued by USB. This card has no foreign currency conversion fees. Noteworthy perks: Complimentary Priority Pass Select with 4 free visits ✦ Up to $100 in credits for TSA PreCheck or Global Entry ✦ Complimentary 5 GB / 15-day plans + 20% off on all other GigSky plans (international roaming) |
| Card Offer and Details |
|---|
75K Points ⓘ Non-Affiliate 75K (worth $750 as a statement credit or deposit into eligible account) after $7500 spend in first 4 months$0 introductory annual fee for the first year, then $95 FM Mini Review: Since the points are worth 1c each, this card isn't terribly rewarding for ongoing spend. Note that points can not be combined with the Altitude Reserve. Earning rate: 2x on top two categories where you spend the most each month. Base: 1% Other: 2% Card Info: Visa Signature Business issued by USB. This card has no foreign currency conversion fees. Noteworthy perks: Earn 2x in the two categories in which you spend the most each month. Full list of categories can be found here. |
Quick Thoughts
As a big Winter Olympics fan, I think it’s fun that US Bank is tying a card bonus into the festivities. That said, Team USA has only eclipsed 35 medals once in history (2010), so it’s most likely a 5,000 point bonus for the Connect and a $75 bonus for the Business Leverage. You didn’t think that 35 medal number came out of thin air, did you?
I’ve never found either of these cards to be terribly compelling, especially in comparison to the Altitude Reserve. The additional bonuses are a nice sweetener, though, and you can wait until the Olympics are over before applying if you like (in case TUSA really knocks it out of the park this year).
(h/t: DOC)
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For Altitude Connect…. why is first year value estimate $510 if you earn $590 just for meeting min spend?
Also, $590 return on $2k spend is pretty sweet.