Thanks to an upcoming card launch from U.S. Bank, the business credit card market is looking to get more crowded. The U.S. Bank Business Altitude Connect World Elite Mastercard will target travel-focused companies that want to save on gas, car rentals, and more.
U.S. Bank To Launch Business Altitude Connect World Elite Mastercard’
U.S. Bank is looking to attract new business credit card customers with a new, premium business card. The new card, dubbed the U.S. Bank Business Altitude Connect World Elite Mastercard, will provide lounge access, a sizeable welcome bonus, and no foreign transaction fees.
The enticing welcome bonus with the Business Altitude Bank Altitude Connect World Elite Mastercard is 60,000 points after $6,000 in spend on the Account Owner’s card in the first 180 days of opening your account. That’s a decent bonus – made even better by the fact the accountholder can transfer points between their business and personal Altitude cards so they can redeem points sooner.
Business Altitude Bank Altitude Connect Features
What makes U.S. Bank’s upcoming business card so interesting is that it focuses on commuters and traveling “road warriors,” rather than the usual flights-focused approach by bigger banks. Here’s what business owners can expect from the card:
- Earn 5X points on prepaid car rentals and hotels when booked through the U.S. Bank Rewards Center
- Earn 4X points on the first $150,000 in annual spend on travel expenses (paid directly to providers such as airfare and hotels, plus on gas and EV charging)
- Earn 2X points on dining, takeout, restaurant delivery, and cell phone providers
- Earn 1X points for all other net purchases
But that’s not to say the Business Altitude Connect won’t have any airport perks. Flyers enjoy complimentary Priority Pass Select membership plus four complimentary visits per year. Business travelers also enjoy no foreign transaction fees. The card also charges no annual fee for the first year of membership, with the annual fee at $95 every year after that. Plus, companies receive free employee cards.
For more information on the new U.S. Bank Business Altitude Connect World Elite Mastercard or to join the waitlist, please visit the dedicated card waitlist page
Related Article: Unique Features to Look for in a Business Credit Card
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