@Citylights18 wrote:Much has been made about all the requirements one has to go through to be able to finally have that coveted US Bank Altitude Reserve card in ones hands. You have to be an existing US Bank customer first in good standing ...
Then ... how do you handle meeting that Altitude Reserve 50k points for 4.5k spend in this economy?
... then in another 6 months or so once I'm going into the holidays I may be doing enough spend to make the Altitude Reserve spending requirement ...
Looks like you're getting some good feedback except for the SUB spend. There are a few ideas I would suggest. Assuming that paying off the SUB spending (in this economy as you mentioned) is not a strain, you can shift some spending into the SUB period. Of course, there is some "opportunity cost" involved by the spending shift (lost interest from deposits?), but it still should be worthwhile. I have prepaid part of my utility bills sometimes to drive up SUB spending. My electric and gas companies allow me to prepay several hundred dollars in excess of what is due. Gift cards for things you'd buy later anyway can be a great idea, especially if you get those with no fees. (Avoid the pre-paid Visa or AMEX cards, for example.) Gift cards can be sold for several hundred dollars. You can also buy them for gasoline or restaurants where you'd dine anyway, so you're not just spending money out of normal cash-flow. A lot of grocery, drug, and big box stores have huge racks of them but you can also find particular ones you want at that retailer's checkout stand. Finally, you mentioned the holidays, so maybe do some Christmas shopping a little early this year. It saves on the stress later and helps fulfill your sub. Depending on when you app, you might be just shifting the spending a month or two forward but do enough of that and it will help you hit the SUB.
@Citylights18 wrote:Much has been made about all the requirements one has to go through to be able to finally have that coveted US Bank Altitude Reserve card in ones hands. You have to be an existing US Bank customer first in good standing and they don't give it to you right away (sometimes months I'm hearing).
Then how do you handle meeting that Altitude Reserve 50k points for 4.5k spend in this economy? That for me is going to be difficult to do without absorbing a vacation through the card. Meaning that it isn't even feasible for to apply anytime soon.
However starting in with US Bank with a checking account this month which doesn't require an app would allow me to be ready to app for a PLOC with US Bank by May as part of my PLOC app spree. I'm looking at trying to pick up 75k between a few banks and I'll have two paystubs with my raise attached to it by then. I might be able to do 75k with Wells Fargo alone but I am not sure. I think US Bank PLOC maxes at 25k which isn't everything I need but will help me get there.
Then in another 6 months or so once I'm going into the holidays I may be doing enough spend to make the Altitude Reserve spending requirement but will have enough time in my relationship (including that PLOC posting in my credit report) to make an application for AR.
Congrats on your raise!
