U.S. Bank is one of the largest banking institutions in the United States, with thousands of branches and customers in many countries around the world. The bank offers several banking products and services, such as the US Bank Altitude Go Visa Secured Credit Card with no annual fee and other benefits.
With the US Bank Altitude Go Visa Secured Credit Card consumers can earn rewards using on purchases for every dollar spent. In addition, it is possible to earn Streaming credits such as Spotify and Netflix, a perfect option for those who hunt for entertainment. Check out all the details of the card in the next topics.
Important credit card details
This card offers a secure line of credit where you need to make a deposit upfront and then the bank gives you a line of credit that matches the amount of your deposit. The maximum amount they can give you is $5,000 so you have line of credit available.
As stated earlier, the U.S. Bank Altitude Go Secured card offers many benefits, and one of those is the chance to build a credit history. However, the bank offers additional benefits to make your financial life even simpler and more organized.
Additional benefits of the U.S. Bank Altitude Go Secured Card
Choose your payment date: Choosing your invoice due date is one way to organize your payments, and with this card it is possible. Just call the phone number on the back of your credit card for more information and to see the available dates.
Zero Fraud Liability: The customer is not liable for unauthorized transaction in case of lost or stolen card. US Bank has zero Fraud Liability where the cardholder must notify the bank immediately if they identify any improper transaction.
Card Fraud Protection: This service detects and also notifies customers of suspicious credit card activity, this helps to avoid potential fraud. Certainly a very useful service for customers.
Automatic payments: choose a more suitable date for your invoice due date and let the payment go into automatic debit. This way you avoid delays and paying high fees and interest. Use the US Bank Mobile application or online banking to make payments, check balances, and more.
How credit cards work
With the U.S. Bank Altitude Go Secured Visa card you can get even better credit and get rewarded every time you make a purchase. And best of all, without paying annual fee and other fees that we will give details about in this article.
Start by making a security deposit of at least $300, and up to $5,000, to enjoy many benefits. After you set your credit limit, the refundable deposit will be kept in a savings account, and the amount available for use will be the same as the security deposit.
Your U.S. Bank Altitude Go Secured card works just like any other credit card, where your daily purchases earn you lots of rewards. So just use the card anywhere that accepts the Visa flag, including purchases made over the internet or apps.
The most important interest rates
- Annual fee: zero
- Foreign transaction fee: None
- Fees US Bank Altitude Go Secured Visa Card
- Annual membership fee: None
- Transaction fees: balance transfer 3% of transfer amount or $5 minimum (whichever is greater)
- Cash advance: 5% of the advance amount or $10 minimum (whichever is greater)
- Overdraft Protection: Not applicable
- APR for purchases: 27.49% – this APR varies by market based on Prime Rate.
- APR for balance transfers: 27.49%, the same percentage in case of cash advances.
- APR fine: Not applicable
- Other penalties: Late and returned payments: up to $41, above this limit there is no penalty.
- Now see how to apply for the US Bank Altitude Go Secured Visa Card
Let’s get started?
If you like to eat out, order takeout, or prepare your own meal, this card is a tasty option in secured credit cards. The card offers amazing rewards, and with good behavior on payments, you can enjoy other benefits.
The Bank needs to know a little about you, so go to the US Bank website, and fill out an application. Then make a minimum deposit of $300, and in a short time you can start building up your credit. This amount is held in an escrow account, and the funds are not used for monthly payments.
Your funds will be deposited in a savings account. The funds will not be used to pay your monthly payment. They will remain in the account as long as your card remains open and in good standing. You must be over 18 years old, have no established or negative credit.