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US Bank Club Carlson Rewards Visa Signature Card – Great for Travelers?

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The US Bank Club Carlson Rewards Visa Signature card attracts first-time cardholders to sign up by promising earnings of 60,000 bonus gold points. That sounds great, but how does the Club Carlson Rewards Visa Signature card differ from other global hotel brand credit cards?  We’ll get into the details here, offering information regarding the benefits and rewards, as well as the fees, terms and conditions attached to this card.

Club Carlson Rewards Visa Signature Card Basics

The US Bank Club Carlson Rewards Visa Signature card wants you know about the rewards and perks attached to this card front and center on their site. Before you even get into their awards and benefits offered by this card, visitors to the credit card website are promised the ability to earn free stays at hundreds of hotels domestically and abroad.  Hotels participating in the Club Carlson Rewards Visa Signature card program. Check the website to determine which hotels are eligible for the rewards program.

In addition to the initial bonus points you get for just signing up (eligible toward six free awards nights around the world), you can earn a variety of other benefits which include but are not limited to:

  • Earn 6 points for every dollar spent on eligible purchases at Carlson hotels
  • Earn 3 points for every dollar you spend in eligible purchases anywhere
  • An additional 50,000 gold points after an initial purchase plus 10,000 points awarded to your account following an expenditure of $1,500 within three months of opening your account)
  • 25,000 bonus points every year when you renew your card account

You also receive bonus awards nights, and are eligible to redeem gold points for two or more awards nights, with your last night free.

Cardholders are able to take advantage of 24/7 concierge service for any help with booking your travel arrangements, finding a restaurant, or other travel related questions.  Club Carlson Rewards Visa Signature card holders also enjoy additional perks including preferred seating at music events, theater, and exclusive movie premieres, as well as complimentary wine tastings. Sports fans can enjoy access to pre-sale tickets and VIP packages.

In addition, you will automatically be upgraded to Silver Elite status after your card has been activated and used. For card members who have already attained Gold, Silver or Concierge Elite status, you will receive an additional 10 qualifying nights toward either obtaining or maintaining a Gold or Concierge Elite status after your card has been activated and used.

When you use the US Bank Club Carlson Rewards Visa Signature card, you don’t have to worry about any pre-set spending limits, and you can enjoy zero fraud liability, auto rental collision damage waiver, travel and emergency assistance services, travel accident insurance, free Internet banking and automatic bill pay. Of course, some of these perks are common with most credit card offers today, but it’s nice to know what you’re getting.

However, these benefits and perks come with rules and regs, so make sure that you download and carefully read the information included in the terms and conditions for the card benefit program. Also keep in mind that US Bank reserves the right to alter the terms of their program at their discretion.

Let’s Talk about Terms and Conditions

The US Bank Club Carlson Rewards Visa Signature card comes with a variety of terms and conditions. Interest rates and interest charges attached to the card include an annual percentage rate of 13.99% to 22.99%, depending on your credit history and your perceived creditworthiness at the time your account is opened. Expect the same APR with balance transfers. For cash advances, you can expect to pay 24.99%.

The US Bank Club Carlson Rewards Visa Signature card charges a $50 annual membership fee in addition to a variety of transaction fees which include:

  • Balance transfers
  • Cash advance at ATMs
  • Cash advance
  • Convenience check cash advance
  • Cash equivalent advance
  • Foreign transaction fees

Sounds like a lot, doesn’t it? But wait, there’s more! You also pay penalty fees.

When it comes to the balance transfer or convenience check cash advance fees, you can expect to pay $5 or 3% of the amount of each transfer or advance, depending on which is larger. When it comes to the cash advance ATM use, or a cash advance, you can expect to pay $5 or 4% of the amount of the advance, or again, whichever is larger. The cash equivalent advance will cost you $10 or 4% of the amount of the advance, whichever is greater. When it comes to foreign transaction fees, you’ll pay 2% of foreign transaction fees in US dollars, but you’ll pay 3% in transaction fees in foreign currencies.

You don’t have to pay for overdraft protection, but you will pay up to $35 for a late payment or a returned payment. You won’t have to pay a penalty fee if you’re over your limit.

Be aware that rules and stipulations applied to each of the travel benefits attached to this card, including the zero liability fraud protection offers, accident coverage, lost luggage reimbursement, and travel and emergency assistance services. Check out the website and take the time to read through the terms and conditions attached to all these benefits, as well as the rules and regulations applied to the Club Carlson Rewards Visa Signature card program itself.

Bottom Line

The Club Carlson Rewards Visa Signature card is specifically designed for business travelers, with the perks and rewards focusing on hotel stays domestically and abroad.  The card doesn’t provide much in the way of perks or rewards for those who can’t get away, or who don’t travel frequently. If such is the case, we would suggest passing up on this card and looking to something that offers more rewards in the form of gift or cash back options. For business travelers, the US Bank Club Carlson Rewards Visa Signature card offers a variety of usable benefits, and the more you travel, the faster you’ll earn your rewards.

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