US Bank 5 Years

Understanding the US Bank 5 Years rule:

This is another of those rules that is written out in their terms and conditions. Many of the credit card rules we discuss are nowhere to be found on banks’ websites. Some banks leave it a little more open by using words like “may not be eligible.” Unfortunately US Bank makes it pretty clear in their terms for the US Bank Altitude Connect card:

There are only two US Bank cards that have this language, but it’s black and white. You “are not eligible if you have received a new account bonus for this product in the last five years.”

Important to know:

US Bank is notoriously one of the strictest banks when it comes to approvals, so this type of language is unsurprising. In fact, there is the US Bank Lifetime Rule that restricts you from ever getting the signup bonus on that card again. That rule also only applies to two US Bank cards.

About Approval Rules

Collecting credit card points is largely driven by understanding and abiding by bank rules regarding approval (or disapproval) of cards.  So here’s what you need to know:

• Approval rules are rarely fully publicized by the banks
• We use our own research and data points from other users in creating the rules listing
• Our goal in sharing/using the rule listings is to provide you guidance to avoid getting declined
• There can sometimes be exceptions to the rules, but we try to take a more cautious approach in advising you.