(EXPIRED) Increased US Bank FlexPerks bonus: 26,667 points after meeting spend

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The US Bank FlexPerks Travel Rewards Visa has introduced a slightly increased enrollment bonus of 26,667 FlexPerks points after making $2,000 in eligible net purchases in the first 4 months. That’s enough points for $400 worth of travel, which is certainly isn’t a bad deal, though keep in mind that the bonus does sometimes reach higher or require less spend.

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The Offer

Key Card Details

  • Earn 2X charity and then 2X in one of the following: cell phone providers, gas, grocery, or airline purchases (whichever category you spend most on each month).
  • Earn 3,500 bonus points with $24K spend per cardmember year (enough to cover the annual fee)
  • $49 annual fee is waived the first year
  • 12 free Gogo in-flight internet passes each year
  • $25 airline fee credit when points are redeemed for flights

Quick Thoughts

US Bank has run promotions with the past couple of Olympic games that add bonuses for US medals won on top of the normal 25K introductory bonus on this card, and those deals work out to be more points since we usually win a number of medals in the games.

Outside of the games, this is about as good as the introductory bonus gets (though Doctor of Credit notes that some targeted offers require much less spend).

If you aren’t targeted for an offer requiring less spend and you do not want to wait until the 2020 Olympics to apply, this is a decent offer if you are more interested in this card than the US Bank Altitude Reserve. Greg recently decided to keep his (See: Keeping my Altitude Reserve), and that card has more potential than this one for most people (for example, you can probably earn 3x on both gas and grocery with the Altitude Reserve since those can most likely be paid for with a mobile wallet — both a better return and not limited to a single category). On the other hand, if you already have the Altitude Reserve or prefer the lower annual fee here, this offer is better than the previous 25K offer.

H/T: Doctor of Credit

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