Get More Bonus Points Every Time the US Olympic Team Wins a Medal

[Disclosure:  Emily and I do not get a commission for the US Bank FlexPerks card link in this post.  But we always tell you about the best offer even if it doesn't pay us a commission.  We do get a commission for the other links in this post]

You can usually get 20,000 FlexPerks points when you spend $3,500 within 150 days on the US Bank FlexPerks card.  But now (in addition to the sign-up bonus), you also get extra points for each Olympic medal the US team wins!  My affiliate link doesn’t get you these extra points so use the link below.

Get More Bonus Points Every Time The US Olympic Team Wins A Medal

When the US Olympic Team Wins, You Get Extra Points!

All you have to do is sign-up for the US Bank FlexPerks card between January 31, 2014 to March 7, 2014 and make your first purchase by March 31, 2014.  This offer was last seen during the previous Olympic games, so now’s a good time to get the card if you’ve been thinking of getting it.

How the Points Add Up

You get extra points deepening on how many medals the US Olympic team wins.

  • Gold medal = 500 points
  • Silver medal = 250 points
  • Bronze medal = 100 points
Get More Bonus Points Every Time The US Olympic Team Wins A Medal

Good Thing That we Can Stream the Olympics on the Web!

As of February 14, 2014, the US teams’ medal count is 4 gold, 2 silver, and 6 bronze medals.

  • 4 gold x 500 points = 2,000 points
  • 2 silver x 250 points = 500 points
  • 6 bronze x 100 points = 600 points

The Olympic games have started, but you already get an extra 3,100 bonus points (2,000 gold points + 500 silver points + 600 bronze points).  This is in addition to the 20,000 points you get for signing up for the card.

The Winter Olympics don’t end until February 23, 2014.  So there is plenty of time left for the US team to win more medals.  You could even wait to see how many medals the US team wins before you apply for the US Bank FlexPerks card.  That’s because the offer is available until March 7, 2014!

Just to give you an idea of how the points can add up, the US won 9 gold, 15 silver, and 13 bronze medals during the last Olympics.

  • 9 gold medals x 500 points = 4,500 points
  • 15 silver medals x 250 points = 3,750 points
  • 13 bronze medals x 100 points = 1,300 points

If they win the same number of medals, that would be 9,550 extra points (4,500 points for the gold medals + 3,750 points for the silver medals + 1,300 points for the bronze medals).  That’s in addition to the 20,000 point sign-up bonus for a total of 29,550 points.

Get More Bonus Points Every Time The US Olympic Team Wins A Medal

If the US Team Wins the Same Medals They Did During the Last Winter Olympics You Will Earn 29,550 Points or ~$600 in Airline Tickets

You can use your FlexPerks points for airfare, hotel, car rental, cruises, and merchandise.

30,000 Flex Points will get you:

  • $600 or less worth or air tickets or
  • $300 statement credit or
  • $300 gift certificate towards hotels, car rentals, and cruises

You will get the most value from your points if you use them towards airfare.  But do what makes sense for you!

US Bank FlexPerks Travel Rewards Card

Link:   US Bank FlexPerks Travel Rewards Visa Signature Card

You will earn 20,000 points when you get the US Bank FlexPerks Travel Rewards card.  FlexPerks points are good because you have more flexibility.  That’s because you can use your points on any airline and there are no black-out dates and other restrictions.

Get More Bonus Points Every Time The US Olympic Team Wins A Medal

With the FlexPerks Card More Medals = More Points!

Other Card Benefits

  • 3X points for charitable donations
  • 2X points on your highest spending category (gas, groceries, or air travel)
  • 2X points for most cell phone expenses
  • 1X points on all other expenses
  • $49 fee waived for the first year

However, you won’t get the maximum value out of your US Bank FlexPerk (based on the chart above) even if you redeem for flights.

For example, if you have 36,000 points you can only use 30,000 points towards a ticket that costs no more than $600.  Firstly, it is hard to buy tickets which are exactly even round numbers!  When was the last time you bought a ticket for exactly $400 or $600?

Secondly, you will have 6,000 points left over that are not good towards any flights because you have to have at least 20,000 miles to redeem for airfare.

Note:  If you are not approved for the for the US Bank FlexPerks Travel Rewards card, you may get the US Bank FlexPerks Select card which only offers a 10,000 point bonus.

Bottom Line

If you sign-up, via this link, for a new US Bank FlexPerks card you will earn more points every time the US Olympic team wins a medal.  This is a better offer than my link where you only get 20,000 bonus points.

This offer does not end until March 7, 2014, so you can apply after the Olympics end on February 23, 2014 so that you know exactly how many extra points you will get!

This is a great offer for folks who are looking for flexibility with their points.  That is because you can use your US Bank points for tickets on any airline or for cruises.

If you are new to mile & point credit cards there are better offers such as the Barclaycard Arrival Plus™ World Elite MasterCard®  which offers a 40,000 point sign-up bonus which is worth ~$440.  Or the Southwest or American Airlines cards.

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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

9 Responses to Get More Bonus Points Every Time the US Olympic Team Wins a Medal

  1. i had this credit card in the past and canceled it. If i reapply for the same card, do I still qualify to get the bonus points?

  2. I’m planning to visit Europe this summer, on a ‘Viking River Cruise’, which
    costs approximately $10,000 for 2, is there any way that I can use Points & Miles to pay for passage? Which card would be better to use, the ‘US Bank Flex Perks Card’ or the ‘Barclays Arrival Card’?

  3. Does the bonus apply for the business version of this card as well?

  4. Flexperks points are not directly good for a cruise. You can get a 1 cent/point statement credit for any amount of points you have, no matter what the spending was on. So, if you wanted you could book a cruise using your Flexperks card and then ask the the credit to your card’s account.
    Also, Flexperks are not good on all airlines, Southwest, Agilent, and some others are not available. Rule of thumb: if the airline is on Travelocity is is on Flexperks.

  5. If I book with Alaska Air, can I still get the second ticket for $99?

  6. can I get this card again with the bonus if I had it before? I opened the previous card 8/12 and closed it 8/13

    thank you

  7. @Ricky @danny- I believe so.

    @George – The Arrival card is better because you get ~$440 towards the cost compared to less with the Flexperks.

    @ap – Footnote 1 says that business cards also qualify.

    @Todd – That’s true and I should have been clearer that the best use is for airfare.

    @ Marianna – I believe you have to make the booking on the Alaska Air website to get the Companion Fare so you can’t use Flexperks. But you could use your Barclays Arrival card and request a statement credit.

  8. Up to 24,500 thru today..

  9. Pingback: Confirmed: ~$600+ in Flights With the FlexPerks Card! | Million Mile Secrets

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