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PointBagel Blog

Point valuation updates, strategy insights, and credit card news.

August 20, 2026 · 5 min read

U.S. Bank Finally Launched Transfer Partners. There Are Four, and Only One Card Can Use Them.

After promising transfer partners for December 2025 and then going quiet for eight months, U.S. Bank turned them on. Altitude points now move to Air France-KLM Flying Blue, Qantas and Ethiopian ShebaMiles at 1:1, and to ALL Accor at 2:1. The catch: only the Altitude Reserve can transfer, and that card has been closed to new applicants since November 2024.

us-bank · transfer-partners · altitude-reserve