U.S. Bank is offering two bonuses for new Flexperks signups: 20,000 points, plus bonus points for each medal Team USA wins in the 2016 RIO Olympics.
The final tally of Team USA medals for the 2016 RIO Olympics is in: 46 Gold, 37 Silver, 38 Bronze.
- 46 x 200 = 9,200 bonus points
- 37 x 100 = 3,700 bonus points
- 38 x 50 = 1,900 bonus points
After adding in the fixed 20,000 point bonus, this leaves us with a total bonus of 34,800 Flexperks points for the personal card and the same for the business card. That’s a value of up to $696 for travel (usually a bit less). Not bad.
The application must be received by midnight on September 3 to be eligible for the Olympic bonus, though some will prefer to wait until tomorrow to apply first for the Chase Sapphire Reserve card.
Offer valid to new U.S. Bank FlexPerks Travel Rewards Visa Signature and U.S. Bank FlexPerks® Business EdgeTM Travel Rewards Visa Card applicants who apply at any participating U.S. Bank branch location, call 24-hour banking or apply online at flexperks.com/visapromo between August 1, 2016, and September 3, 2016.
Note that you need to make a purchase (any amount) by September 30 to be eligible for the Olympic bonus. So be sure to make a single purchase immediately when the card comes in the mail, then you’ll have some time to meet the $2,000 spend threshold.
[Read: How Much Are FlexPerks Points Worth?]
Hat tip to @PointsToPointB
Bumping this old thread… My annual fee should post next statement. Anyone have any tips on getting it waived? I spent my last ~2550 points on an Amazon gift card using Real Time Rewards. (Trick to get around the $50 redemption minimum.) It wasn’t worth it to me to save 3500 points for second year annual fee. Any chance I’ll get them to waive it?
does anyone know if spouses can combine flexperks into 1 account? thanks
DP: My promo points have posted, as well as the normal 20K. My Balance = 37,888. (I spent a little more than the required 2k spend)
Time to figure out where I want to travel to, get out a calculator, a slide rule, and maybe a magic 8 ball to figure out how I am going to get the most out of my points. I wish they didn’t do that crazy rounding system.
Ugh I left for a trip on the 22nd of September and didn’t get my card by then. So I couldn’t make a purchase by 9/30.
Just missed out on 12,300 Flexperks points….UGH.
anybody’s points post yet? not here…just passed $2000 spend…waiting. terms say 6-8 weeks…are they fast like AMEX?
Mine did. You’d have to wait until the statement period ends.
However, mine only got posted for the original 20K and not the Olympic bonus. Will check with CS in a week if I don’t see it by then.
Did you have any luck with Customer Service? I too only got the original 20,000, just posted yesterday.
I am wondering the same thing. Does anyone know how long it takes the olympic bonus to post? Thanks.
In the other related post someone mentioned they called in and were told to wait towards the end of November, after the 21st.
It’s clear in the terms http://www.businesswire.com/news/home/20160801005497/en/Visa-Team-USA-Medal-Won-Rio-2016
I don’t know what you can do if you don’t get the card by then. Maybe call and ask if they get you a solution.
Applied/approved today for personal signature card. Didn’t freeze anything.
It’ll be tough to spend $2k in four months with everything else going on,
but I’ll manage it.
Read DoC article
Two Credit Bureaus You Should Freeze Before You Apply For A U.S Bank Credit Card
https://www.doctorofcredit.com/two-credit-bureaus-you-should-freeze-before-you-apply-for-a-u-s-bank-credit-card/
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Some folks say it helps
Some convinced it hurt.
Anything special we should do to prepare for getting a USB CC?
I applied for the U.S. Bank FlexPerks® Travel Rewards Visa Signature® Card and got rejected due to too many inquiries. I called recon line and they refused to approve it.
I mentioned to them that i currently have the U.S. Bank Cash+™ Visa Signature card. They said that they can do “credit swap” and get me the FlexPerks® Travel Rewards Visa Signature card but i will lose the Cash+ card (they will close it).
Will i still be able to get the signup bonus of 20k points + Olympic bonus if i spend the $2000 in the 90days?
I don’t know.
I’m not sure if they intend to keep the old card and just product change it, or approve your new card by transferring over credit from the old one. You can ask them, maybe they’ll be able to clarify.
They zeroed out the credit line on the the U.S. Bank Cash+™ Visa Signature card (basically closed it) and opened a new FlexPerks® Travel Rewards Visa Signature® Card with the same credit line of the other card with different CC #.