Update 8/27/26: Qantas has been readded.
Update 8/17/26: Air France KLM Flying Blue has been readded as a transfer option.
Update 8/12/26: Air France KLM Flying Blue & Qantas Frequent Flyer have been removed, I assume some sort of temporary IT error.
U.S. Bank has finally added transfer partners after first being teased back in mid 2025 for a late 2025 launch. U.S. Bank Altitude Reserve cardholders can now transfer to the following partners at a rate of 1:1 unless otherwise stated:
- Air France KLM Flying Blue
- ALL Accor (2:1 transfer rate)
- Ethiopian Sheba Rewards
- Qantas Frequent Flyer
You can find the option to transfer after clicking on your Altitude Reserve card while logged on and then rewards, this takes you to the reward center. You then need to click ‘rewards your way with loyalty reward transfer’. Shame that they launched with so few partners. Surprised to see that it doesn’t includ U.S. Bank’s partner Korean Air. This does give me hope that U.S. Bank will launch a new premium card as the U.S. Bank Altitude Reserve was discontinued for new applications in late 2024.
Will They Offer Transfer Bonuses?
We can only hope they do. Most major transferrable currencies do periodically offer transfer bonuses. Given that there are only four options it’s possible this won’t be the case for U.S. Bank.
Hat tip to FM
