New US Bank FlexPerks Gold Worth Up to ~$600 for Flights

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I recently wrote about rumors US Bank would soon issue 2 new cards.  And via Reddit, you can now apply for both!

With the US Bank FlexPerks Gold AMEX card, you can earn 30,000 FlexPoints (worth up to ~$600 in airline tickets) after meeting minimum spending requirements.

And the no-annual-fee US Bank Cash 365 AMEX cash back card is offering a $100 sign-up bonus after meeting the minimum spending requirements to folks who already have an existing relationship with US Bank.

Emily and I don’t earn a commission for these cards.  But we’ll always tell you about the best deals!

New US Bank FlexPerks Gold Worth Up To 600 For Flights

The 30,000 Point Sign-Up Bonus From the New US Bank FlexPerks Gold AMEX Card Is Worth ~$600 in Flights on Most Major US Airlines!

I’ll help you decide whether these cards are right for you!

What’s the Deal?

Link:   US Bank FlexPerks Gold AMEX

Link:   US Bank Cash 365 AMEX

If you like to redeem points for paid flights with no blackout dates, consider the US Bank FlexPerks Gold AMEX card.  You’ll earn FlexPoints you can use towards statement credits, gift cards, or paid airline tickets.

Or, check out the US Bank Cash 365 AMEX card if you want a card with no annual fee, 1.5% cash back on all purchases, and a decent sign-up bonus.

These are NOT the best cards if you’re new to miles and points.  Because there are better cards available with higher sign-up bonuses and more flexible points which CAN be transferred to airlines and hotels.

Note:   Because these cards are issued by US Bank and not American Express, they will NOT be eligible for AMEX Offers.

US Bank FlexPerks Gold AMEX

With the US Bank FlexPerks Gold AMEX card, you’ll earn 30,000 FlexPoints (worth up to ~$600 in airfare) after spending $2,000 in purchases within the first 4 months of account opening.

You’ll also get:

  • 3X FlexPoints per $1 at restaurants
  • 2X FlexPoints per $1 at airlines and gas stations
  • 1X FlexPoint per $1 spent on all other purchases
  • $25 airline credit with every award travel ticket (use towards baggage fees, in-flight food & drink, or airport lounge fees)
  • Reimbursement for TSA PreCheck ($85) OR Global Entry ($100) (Remember Global Entry comes with TSA PreCheck)

There are no foreign transaction fees.  But the $85 annual fee is NOT waived the first year.

FlexPoints are worth 1 cent each when used towards statement credits or gift cards.  But if you redeem them for airline tickets, you could get as much as 2 cents per point, and you’ll earn airline miles on the ticket too!

You can redeem FlexPoints for paid flights on 150+ airlines, including most US airlines.

New US Bank FlexPerks Gold Worth Up To 600 For Flights

It Can Be Tricky Finding Award Seats During Busy Holiday Travel Times. But If a Paid Seat Is Available, You Can Book Your Ticket With Points From the US Bank FlexPerks Gold AMEX Card!

So, if you’re looking for seats during busy travel times or traveling as a group, this card could be a very good deal.  Because it can sometimes be difficult to find the award seats you want.

Here’s my post explaining the details about how the FlexPerks program works.  And how to get Big Travel on Southwest using US Bank FlexPerks cards.

That said, the Chase Sapphire Preferred is a better card for flexibility.  Because you’ll:

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.  That’s $625 in travel when you redeem through Chase Ultimate Rewards®.

If you prefer cash back, 50,000 Chase Ultimate Rewards points is worth $500.  Or it’s worth $625 towards airfare or hotels when you redeem through Chase Ultimate Rewards.  Or even better, you can transfer points to airline and hotel partners like Hyatt, Southwest, and United Airlines.

The $95 annual fee is slightly higher, and you won’t get a Global Entry or TSA PreCheck credit.  But the Chase Sapphire Preferred sign-up bonus is better for most folks because the points are easier to use.

But if you already have the Chase Sapphire Preferred or can’t get it because of Chase’s tighter application rules, the US Bank FlexPerks Gold AMEX could be a good deal if you like FlexPoints.

US Bank Cash 365 AMEX

With the US Bank Cash 365 AMEX card, you’ll earn a $100 sign-up bonus after spending $500 in purchases within 90 days of account opening.

But you MUST have an existing relationship with US Bank to qualify for the bonus.  This includes having another credit card, checking account, savings account, mortgage, or retirement account with US Bank.

This card has no annual fee.  And you’ll earn 1.5% cash back on all purchases, that can be redeemed as a statement credit or deposited in a US Bank savings, checking, or money market account.

New US Bank FlexPerks Gold Worth Up To 600 For Flights

You Get 1.5% Cash Back on All Purchases With the New US Bank Cash 365 AMEX Card. But for Folks Who Prefer Cash Back, There Are Better Cards

If you’re looking for simplicity and don’t want to deal with rotating bonus categories, this could be a good card for you.

You Might Like These Alternatives Better

There are other cards that earn even more cash back.

For example, the Citi Double Cash card earns 1% cash back when you make a purchase and another 1% back when you pay it off.  But there’s no sign-up bonus.

And the Discover It card earns 5% cash back in categories that change each quarter (on up to $1,500 in spending per quarter).  And 1% cash back on all other purchases with no limit to how much you can earn.  You’ll earn $50 cash back when you sign-up and make your first purchase.

Plus, new cardholders will have their cash back matched by Discover at the end of the first 12 billing cycles.  This includes cash back earned from the sign-up bonus, Discover Deals, and rotating category bonuses!

Or consider the Discover it Miles card.  There’s no sign-up bonus, but you’ll earn unlimited 1.5 miles per $1 spent on all purchases (1.5% back).  And new cardholders also have their miles doubled at the end of the first 12 billing cycles, effectively earning 3% back on all purchases in first year of opening the account.

That said, I’d prefer a cash back card like the Chase Freedom or Chase Freedom Unlimited.  Because they earn (my favorite!) Chase Ultimate Rewards points.  And also currently offer a higher $150 (15,000 Chase Ultimate Rewards points) sign-up bonus after meeting minimum spending requirements.

And when you also have the Chase Sapphire Preferred, Chase Ink Plus, or Chase Ink Bold (no longer available) card, you can transfer your Ultimate Rewards points to travel partners for Big Travel!

You can read more about the Chase Freedom and Freedom Unlimited cards here.

For folks who are still eligible for Chase cards, I recommend you get your favorite Chase cards first.  Then consider other cards like these from US Bank.

Bottom Line

With the new US Bank FlexPerks Gold AMEX card, you’ll earn 30,000 FlexPoints (worth up to ~$600 in airfare) after meeting minimum spending requirements.  The $85 annual fee is NOT waived the first year.

If you are looking for a card that earns points you can use for paid airline tickets, or already have lots of cards and are looking for something new, this card might be worth considering.

But there are other points earning cards I’d recommend first.  Like the Chase Freedom, Chase Freedom Unlimited, or Chase Sapphire Preferred.

If you’re looking for a no-annual-fee card that earns a decent cash-back rate, consider the US Bank Cash 365 AMEX card.

It comes with a $100 sign-up bonus after meeting spending requirements.  And you’ll earn 1.5% cash back on all purchases with no rotating bonus categories to track.  But you must already have an existing relationship with US Bank, like having a US Bank credit card, checking, or savings account, to qualify for the bonus.

We don’t earn a commission for these 2 US Bank cards but we’ll always tell you about the best deals!

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Editorial Disclaimer: Neither the responses below nor the editorial content on this page are provided or commissioned by the bank advertisers, and have not been reviewed, approved or otherwise endorsed by the bank advertisers. Opinions expressed here are the author’s alone, not those of the bank advertisers. It is not the bank advertisers’ responsibility to ensure all posts and/or questions are answered.

5 responses to “New US Bank FlexPerks Gold Worth Up to ~$600 for Flights

  1. Trying to use points to get from US to JNB for May 2017. Can’t find flight from jfk-jnb on Saa anywhere? OR from IAD-JNB. Would love some help or advice to get either of these flts.Would prefer not to go thru Europe but will take and advice given Help Thanks Sally

  2. Do you have link advertising the $100 sign up bonus for existing customers? I have a relationship, and would like to apply, but I’m not seeing the offer you describe on their website.

  3. Someone pointed out to me how odd the FlexPerks point system is for redemptions. Points must be redeemed in blocks of 10K. If your ticket costs $600, you need 30K points. If your ticket costs $601, you need 40K points. You are not allowed to pay the $1 and redeem for the $600.

  4. Can i use my card to pay for Global entry for my wife and get reimbursed? Thank you

  5. How strict is U.S. bank in approving multiple credit cards from them in 1 year?

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