U.S. Bank to Launch Business Altitude Connect Credit Card

“Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.”

U.S. Bank is set to expand its small business credit card line-up. Recently, the bank announced the impending launch of the new Business Altitude Connect card. Applications for the new product are expected to open next month.

In terms of rewards, Business Altitude Connect cardholders can earn 5x points on hotel and car rentals booked directly in the Rewards Center. Meanwhile, other travel purchases, such as airfare and hotel bookings, will earn 4x points as will gas and EV charging purchases. However, this category is capped at $150,000 in combined spending per year. Then, cardholders can earn 2x on dining (including takeout and restaurant delivery) as well as on cell phone services. All other purchases will earn 1x.

Moving into other card benefits, one interesting aspect of the Business Altitude Connect is the Priority Pass feature. Cardholders will be able to enjoy four complimentary visits to select airport lounges (currently more than 1,300 worldwide) per account year by utilizing a digital Priority Pass membership card. Speaking of travel, the card will not charge any foreign transaction fees. Finally, in another unique benefit, customers will be able to earn a $25 statement credit after every three consecutive monthly taxi or rideshare fares they pay with their card.

Upon its launch, the card will also feature a welcome bonus. New cardholders will be able to earn 60,000 bonus points once they spend $6,000 on the card (specifically the Account Owner’s card) within the first 180 days of account opening.

Note that the Business Altitude Connect will carry a $95 annual fee, although this is waived for the first year. Additionally, employee cards will be free.

Best Travel Credit Cards

For the complete list of travel rewards credit cards with all of the latest offers click below.

Get Rewards

This new option joins U.S. Banks’ slate of other small business credit cards. Currently, the bank also offers the Triple Cash Rewards Visa for Business, the Business Leverage Visa, and the Business Platinum card. Of these, the Trip Cash Rewards card is perhaps the most interesting, featuring 3% cashback on such categories as gas, EV charging stations, office supply stores, cell phone service providers, and restaurants. Additionally, Triple Cash customers can earn an annual $100 statement credit for monthly software service purchases, such as FreshBooks or QuickBooks.

Overall, the U.S. Bank Business Altitude Connect looks to be a solid small business credit card with a modest annual fee — albeit one that appeals most to business owners who travel. That’s because, in addition to the 4x and 5x categories being travel-focused, the Priority Pass perk is also something that only those who fly at least a few times a year will be able to benefit from. Unfortunately, those who don’t travel often likely won’t find too much to get excited about with this card, as other business cards already offer 2% or more back on all purchases. In any case, entrepreneurs interested in the U.S. Bank Business Altitude Connect can currently join the waitlist on the card’s site.

DyerNews has partnered with CardRatings for our coverage of credit card products. DyerNews.com and CardRatings may receive a commission from card issuers.” (Note: advertising relationships do not have any influence on editorial content. Advertising compensation allows DyerNews.com to provide quality content for free. All editorial opinions are those of the individual author and/or Dyer News.)


Jonathan Dyer

I'm a small town guy living in Los Angeles looking to make solid financial decisions. I write for a number of finance websites, including HuffingtonPost and Business2Community. I founded DyerNews.com in 2015 to focus on personal finance and the emerging FinTech markets.

Other Articles by Jonathan Dyer

Amex, Main Street America Announce $2.3 Million in Grants

As small business owners across the country continue to face a number of economic and other challenges American Express and Main Street America are teaming up to offer some relief. This week, the latest edition of “Backing Small Businesses” grant program was announced, with more than $2.3 million available to small business recipients. Eligible business owners can now apply for a chance to received a $5,000 grant. These funds can...

Ness Launches for Health and Wellness-Focused Credit Card

A new premium credit card that puts a heavy emphasis on health and wellness is now launching a public beta. This week, Ness announced the debut of the Ness Card, partnering with a number of top wellness brands in the process. The card is issued by The Bank of Missouri and will operate on the Mastercard network. Starting with rewards, the Ness Card will earn 5 points per dollar spent...

On-Demand Employee Pay Platform Rain Raises $66 Million

A startup that helps employees access their earned wages more quickly and easily has just raised some major funds of its own. This week, Rain announced that it has raised $66 million in equity. The Series A was led by QED Investors and Invus Opportunities, while WndrCo, Tribe Capital, and Dreamers VC also participated. In addition to the equity round, Rain raised an additional $50 million via debt facility, arranged...