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This card offers premium benefits and some travel rewards for Korean Air enthusiasts, but watch out for the fee. Check out the perks, and consider the value you can get from other premium travel rewards cards before applying.
Introductory Bonus |
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A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.
Intro Balance Transfer APR | N/A |
Regular Balance Transfer APR | 15.99%–23.99% Variable |
Balance Transfer Fee | 3%, $5 minimum |
Penalty APR | N/A |
Late Fee | Up to $40 |
Returned Payment Fee | Up to $35 |
Additional Cards Annual Fee | $0 |
Foreign Transaction Fee | None |
Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
Cash Advance APR | 24.99% Variable |
Cash Advance Fee | 4%, $5 minimum |
U.S. Bank has several card types depending on your needs.
You can usually pay your bill online on your
Credit card issuer's websiteThe SKYPASS Select Visa Signature travel rewards card from U.S. Bank offers spending rewards and premium benefits, but beware the annual fee — will you use the card enough to make it worth it?
You’ll earn 2X miles per dollar spent on airline tickets, hotels, and rental cars. There’s no cap on the number of miles you can earn, and you can redeem them for travel and Korean Air flight upgrades.
You’ll get a number of premium travel features and Visa Signature benefits, such as a $200 annual statement credit, a $100-off coupon for Korean Air ticket purchases, a Visa Concierge, and Visa travel and shopping offers.
This card has a high annual fee of $450, but if you use it enough it could be worth the cost.
If you’re considering this card, you should stop and consider the Chase Sapphire Reserve® (Review) instead. The Reserve offers a $300 travel credit, better benefits, more valuable rewards, and the option to transfer any Ultimate Rewards points earned on the Reserve to the Korean Air SkyPass program.
The SKYPASS Select card seems like it has a lot to offer, but if you don’t use it enough it’ll burn a hole in your pocket. If you tend to fly multiple airlines, you’d be better off with a different premium travel rewards card.
If you really want to stick to SKYPASS, check out the SKYPASS Visa Signature Credit Card, which offers a lot of the same benefits and similar rewards for an annual fee under $100.