The Bonus
U.S. Bank runs increased sign up bonuses on the FlexPerks Travel Rewards Visa Signature card or the FlexPerks Business Edge Travel Rewards Visa card for the Olympics, the number of points you receive is based on the success of the Olympic team. This time the total bonus was 34,800 points. 20,000 base points and 14,800 for the following medals:
- 46 x 200 = 9,200 bonus points
- 37 x 100 = 3,700 bonus points
- 38 x 50 = 1,900 bonus points
Card Details
Personal Visa Flexperks Card
- Earn 1 FlexPoint for every $1 spent
- Earn 2 FlexPoints on gas or grocery or airline purchases, whichever you spend the most on every month
- Earn 2x FlexPoints most cell phone purchases, including monthly bills, accessories and Internet charges
- Earn 3 FlexPoints for charitable donations
- FlexPoints are worth 1¢ in statement credit 2¢ when redeeming for travel
- Annual fee of $49 is waived the first year
Business Visa Flexperks Card
- $25 airline allowance for each award ticket booked for incidental expenses such as baggage and food
- Earn 2x FlexPoints on gas or office supplies or airline purchases, whichever you spend most on each monthly billing cycle
- Earn 2x FlexPoints most cell phone purchases, including monthly bills, accessories and Internet charges
- Earn 3x FlexPoints on Charity donations
- Earn 1 FlexPoint for every $1 spent
- Annual fee of $55 is waived the first year
- Receive a credit for your $55 annual fee back to your account if $24,000 or more in net purchases posts to your company’s account within your 12-month annual statement year
See this post for more details on the various Flexperks Business cards. And see this post to learn how much Flexperks are worth.
What You Should Know
The application must be received by midnight on September 3 to be eligible for the Olympic bonus, so today is your last chance to apply for this bonus. If you’re thinking of applying, read our original post and our follow up post. I’d also recommend freezing these two credit bureaus first to improve your odds of approval. Also read these things everybody should know about U.S. Bank.
The points are worth a minimum of 1¢ for statement credit, up to 1.5¢ for hotels and up to 2¢ for airfare. The standard bonus is only 20,000 points and is only increased for the Olympics, we win a lot more medals at the summer Olympics than winter Olympics so now is really the time to apply (plus that would be another two year wait and who knows what the credit card landscape will look like then). Also if you want the Olympics bonus, then you cannot use a referral link.
