Update 2/8/13: Offer is expired. See our post Earn US Bank FlexPerks via DailyFeats and Plastic Jungle for the latest offer.

I became a fan of the US Bank credit cards last year, when I included it in our credit card apps submitted last May. As a result of getting both a personal and business version of the card, I am now sitting on over 43,000 FlexPerks points.

Why is this important? Because each 20,000 point is valued at 2 cents per point, or up to $400 in savings. Therefore, I am sitting on $800 in rewards just for opening and using the US Bank FlexPerks program.

When it comes time to redeem, all I need to do is book via the US Bank reservation program, which is powered by none other than Travelocity. Then, if I apply my FlexPoints towards the purchase, I have purchasing power of up to $800 at our disposal. While I have not gotten to use the reward program yet, this will become a powerful tool for our future adventures.

US Bank is now offering a public offer of 20,000 FlexPerks after $500 in purchases within 90 days. This is the same, targeted offer, that I received last year and caused me to make the leap.

Some of the additional benefits include:

– Earn 1 FlexPoint for every $1 spent in net purchases.
– Double FlexPoints on the category you spend the most on each billing cycle (gas, groceries or airline travel).
– Double Flexpoints on most cell phone purchases, including monthly bills, accessories and Internet charges.
– Triple FlexPoints for charitable donations when you use your U.S. Bank FlexPerks® Travel Rewards Visa Signature® Card.
– Up to a $25 airline allowance per award ticket.

The annual fee is waived the first year; $49 thereafter. However, you can use 3,500 FlexPerks towards subsequent annual fees.

Something you need to be aware of is that US Bank reserves the right to approve you for a lesser card: “Applicants for the FlexPerks Travel Rewards Visa Signature Card who only qualify for and receive a FlexPerks Select Rewards Visa Card, earn 10,000 bonus FlexPoints when net purchases totaling $250 or more post to your account within 90 days from account opening. This offer may not be combined with any other bonus offer. Offer is subject to credit approval.”

If you have excellent credit, you should have nothing to worry about.

We have no affiliation with US Bank other than being card carrying members.

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