Overview
- This week U.S. Bank quietly enabled point transfers for Altitude Reserve cardholders through the card Rewards Center into a U.S. Bank‑branded Points.com interface.
- The initial partner slate includes Air France‑KLM Flying Blue (1:1), Qantas Frequent Flyer (1:1), Ethiopian Airlines ShebaMiles (1:1) and Accor ALL (2:1).
- At least one user reported an instant transfer to Flying Blue, and cardholders must connect loyalty accounts in the Points.com flow to move points.
- The feature is available only to the Altitude Reserve, which stopped taking new applicants in November 2024, and it is unclear if transfers will roll out to other U.S. Bank cards or accompany a product relaunch; Korean Air SkyPass is a notable omission from the launch list.
- The card’s 3x points on mobile wallet purchases (up to $5,000 per billing cycle) and on travel make transfers especially valuable for remaining holders and could change how they redeem rewards.