This Might Be the (Next) Points Card You Absolutely Must Have
You won't believe who's issuing it
The Chase Sapphire Reserve card broke the Internet (read: message boards about points-redeeming credit cards) when it launched in August, earning plaudits like “single-best travel rewards card” and creating a months-long backlog.
Now? Some competition, and from an unlikely source: U.S. Bank. — not, traditionally, one of the big players in the luxury credit card game.
Whatever its history, U.S. Bank is coming to the corral with its guns blazing.
In brief: The annual fee is $400, offset by a $325 travel credit. There’s a 50,000-point bonus if you spend $4,500 within three months. (Meh.) A dozen GoGo inflight wi-fi passes. (Ditto.) PreCheck reimbursement. (Like everybody else.) A metal card (honest to God, we do not get the excitement around that particular feature, but OK.)
And here, according to BoardingArea, is the big feature: 3X point earning on mobile wallet payments. Though Chase offers 3X on hotel, airline, and dining payments, the mobile wallet option could be a big deal — especially if you use it to do things like pay your rent.
For what it’s worth: Greg at Frequent Miler, an expert on these issues, notes that he won’t give up his Sapphire Reserve, because the Chase program facilitates transfer to partner airline and hotel programs — which the U.S Bank card doesn’t. Your mileage — and points redemption — will vary.
Caveats: the U.S. Bank card hits the market on May 1. And its availability will be limited to existing U.S. Bank customers, at least for now.
For more travel news, tips and inspo, sign up for InsideHook's weekly travel newsletter, The Journey.
Suggested for you