Over the weekend I decided to check into my US Bank FlexPerks program since I have not used the card in some time. The following are some updates related to the program.
Deal Details
1) The best offer for the US Bank FlexPerks card remains 20,000 points after $3,500 in spend within 4 months. It used to be you had to go into a US Bank branch to get the offer; however, the same best offer can currently be obtained online directly from US Bank. The normal offer is only 17,500 points.
The beauty of the FlexPerks programs is that each point is worth $0.02 in value, making your 20,000 point bonus = $400 in travel. By meeting the minimum spend, you will have 23,500 points, enough for $400 in travel and the second year annual fee.
You just need to know that the points can only be redeemed in increments.
20,000 points = $400
30,000 points = $600
40,000 points = $800
50,000 points = $1,000
70,000 points = $1,400
100,000 points = $2,000
150,000 points = $3,000
225,000 points = $4,500
350,000 points = $7,000
500,000 points = $10,000
625,000 points = $12,500
750,000 points = $15,000
875,000 points = $17,500
1,000,000 points = $20,000
Note, to redeem US Bank FlexPerks, you need to book through Travelocity. The key to using your FlexPerks is to make sure you do not go into the next threshold. For example, if you find a flight for $400.01, you automatically kick up into the next tier, requiring 30,000 points instead of 20,000.
I have argued in the past that I think it is better to go for the 17,500 FlexPerks offer, which previously had a lower spend requirement, but netted you the same 20,000 tier. To get this offer, you need to be referred by a current card holder. If interested, please contact me for a referral.
2) As a reminder, the Daily Feats program is associated with the FlexPerks program, and allows you to perform simple tasks to earn Daily Feats points. Then, as part of the reward program, you can redeem your points for FlexPerks.
Currently, you can redeem 50 Daily Feats points for 250 FlexPerks or 90 Daily Feats points for 500 FlexPerks. However, redemptions are limited to once every 90 days.
I, unfortunately, had not redeemed any points since February, so I missed out on getting another round of free points within the 90 day limit.
3) This may be a targeted promotion, but if you visit the US Bank FlexPerks promotions page, I was selected to earn 2,000 bonus FlexPerks after using my card between November 1 and December 31, 2013 on $1,000 in purchases.
4) I was also targeted to earn 250 free FlexPerks points if I register with e-Rewards and complete my first survey within 90 days. I currently belong to e-Rewards with several other programs. Besides logging in and taking part in a survey or two about once a month, I do not use the program too much because often times I do not qualify for the selected surveys based on my answers. Earning points with the program takes some time, and really lost some of the allure when US Airways stopped doing to Grand Slam promotion.
I also do not like having to create a new e-Rewards account for every partner. It becomes cumbersome to always use a new email, and while I know there are ways around that by using Gmail, the time commitment required to get anywhere in the program is not necessarily worth the results.
In Conclusion
While the sign-up bonus of the US Bank FlexPerks card may not seem the most lucrative, it has some excellent benefits when you consider the points are worth two cents per point. In addition, there are some excellent opportunities right now to earn additional free points with very little effort.
I happen to carry the personal version of the card, but have yet to really find an ideal opportunity to maximize my value. I ideally would love to take advantage of a $200 fare somewhere, thereby allowing our family to use our 40,000+ points for $800 in value, assuming 4 seats.
Save Money, Travel More!
Source: InACents