I was unable to get the MLA waiver for my US Bank Altitude card because I had gotten it in April of 2017, before the MLA was active. The process to get the card was long, but the card has proven to be pretty useful. The $325 travel credit worked much like the Chase one, and the 3x points on Apple pay make it my go to iPhone linked card.
Good news today from reader Blaze who shared his experence:
1/12/2018: Applied for the U.S. Bank Altitude Reserve Card
1/18/2018: Received the new card in the mail
1/21/2018: Sent a secure message to U.S. Bank to see if my card qualifies for the benefits provided by the MLA.
1/24/2018: Received a letter in the mail determining my account meets the requirements for MLA. The letter states that “In accordance with the provisions of the MLA, we have reduced the APR for your obligations to a maximum of 6.00%. We will also eliminate all fees while you are subject to the terms under the MLA.”
So it looks as if this card is a go.
There you have it! I might apply for another Altitude card after downgrading my current one to a fee free product. This way my new card can get the $400 annual fee waived and I would get a free $325 credit per year. I will not be able to get the 50k offer worth $750 right now if that is the case.