Confirmed: ~$600 Flight With the FlexPerks Card up to March 7, 2014!

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Confirmed: ~$600 Flight With the FlexPerks Card up to March 7, 2014!

Million Mile SecretsConfirmed: ~$600 Flight With the FlexPerks Card up to March 7, 2014!Million Mile Secrets Team

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Update:   This offer is no longer available.  Check our Hot Deals for the latest offers. 

I wrote earlier that in addition to the 20,000 point sign-up bonus on the FlexPerks card, you also get extra points for each Olympic medal the US team wins!  The link which pays us a commission doesn’t get you these extra points, so use this direct link to the US Bank Flexperks card to get the bonus points.

Confirmed 600 Flight With The FlexPerks Card Up To March 7, 2014
Lots of Olympic Medals for the US Olympic Team Could Mean Some Big Travel with Small Money!

You have to apply between January 31, 2014 to March 7, 2014 & spend $3,500 within 4 months on the US Bank FlexPerks card to get the bonus points.  You also have to make your first purchase by March 31, 2014.

How Many Points Will I Get?

The 2014 Winter Olympics has ended and the US won 28 medals.  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

The 2014 Winter Olympics are over and the US team won 9 gold, 7 silver, and 12 bronze medals.  So that’s 7,450 extra points.

  • 9 gold medals x 500 points = 4,500 points for gold medals
  • 7 silver medals x 250 points = 1,750 points for silver medals
  • 12 bronze medals x 100 points = 1,200 points for bronze medals

This means that you get a total of 30,950 points via the Olympic offer!:

  • 20,000 points from the sign-up bonus
  • 3,500 points from completing the minimum spending
  • 7,450 extra points for the 28 Olympic medals

You do NOT get these extra 7,450 points if you use the link which pays us a commission. But we always include the best offer even if it doesn’t pay us a commission!

So, instead, use this link to the US Bank FlexPerks card to get a total of 30,950 points!

How Much Is This Worth?

You can use your FlexPerks points on most airlines with no blackout dates or other restrictions. Note that you may not be able to use it for flights on Southwest because you have to book your travel through the FlexPerks portal (which doesn’t show Southwest flights).

You can use 30,950 points for an airline ticket up to $600.

However, you won’t get the maximum value out of your US Bank FlexPerk (based on the chart below) 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.

Another bad feature is that you can’t pay cash for the extra cost of the ticket.  For example, the chart says that 30,000 FlexPerks will get you a ticket up to $600.  But you can’t redeem 30,000 FlexPoints for a $700 ticket and pay the $100 difference!

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.

Confirmed 600 Flight With The FlexPerks Card Up To March 7, 2014
You Can Use Your FlexPerk Points on ANY Airline, but the Award Chart Makes It Difficult to Get the Full Value of Your Points

30,000 Flex Points will get you:

  • $600 or less worth or air tickets or
  • $300 statement credit or

Bottom Line

The US Team won 28 medals in the 2014 Winter Olympics.  This means that you get 30,950 FlexPerks points when you sign-up for the US Bank FlexPerks Travel Rewards card by March 7, 2014.

These 30,950 FlexPerks points can get you an airline ticket up to $600.  However, remember that it is difficult to get the full value out of your FlexPerks points.

If you are new to miles & points, you could be better off with some of the cards in the Hot Deals tab instead.  That said, this is probably one of the best times to sign-up for the US Bank FlexPerks card if you planned on applying for it!

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred named "Best Credit Card for Flexible Travel Redemption" - Kiplinger's Personal Finance, June 2018
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Where does it say 150 days? I only see 4 months.

Million Mile Secrets

@David0603 – It is updated.

Can you combine the 5k referral bonus with this promo?

Million Mile Secrets

@AP – I don’t believe you can.

Does the BUSINESS version also have the Olympic promotion?

Customer service said No, while the Business App line “looked it up” and said Yes.

I have had the personal card for 2 years

I do know not to call usually but was very subtle with the reps mentioning i would like to add the Business card for work purchases.

Million Mile Secrets

@e – The terms suggest that business cards do qualify, so I’d apply online via the link in the post.

Daraius, please correct me if I’m wrong but I read somewhere that family member’s individual accounts – i.e. husband & wife’s – can be consolidated and the points be merged into one account?

I myself already have had the card for many years, but I’m eyeing the referral bonus of 5k points to refer a “friend” and now seems to be a good opportunity.

Million Mile Secrets

@nomad – You’re right! You can transfer points to spouses and also pool points with spouses or partners to get to the redemption threshold.

I’ve had a lot of success with US Bank after I froze my IDA and ARS secondary credit reports, especially with Club Carlson cards.

I’ve also amassed almost too many FlexPerks from the last Olympics promotion and (manufactured) spending at grocery stores on that card. The $400 limit for a 20K ticket and $600 limit for a 30K ticket can be frustrating, but it feels great when you can extract as much value out of it (I’ve bought several $398-$399 tickets for 20K and even one $799.80 multi-city itinerary for 40K).

Keep in mind 2 x $300 tickets (total $600) would cost 2 x 20K points, not 30K in my experience, so that’s also frustrating.

I aim for within $25 of a threshold because when you redeem a ticket, you get a $25 credit toward any airline fees. These can be baggage fees, in-flight food, etc. I usually buy a $50 airline gift card and ask for $25 back ($50 can be a baggage fee for all Flexperks knows). There was one instance where I need to make a same-day change for my dad for $50, but it cost only $25 after I got the fee credited.

Also worth noting that $24,000 of spending gets you 3500 bonus points, which can be used to take away the $49 fee for the 2nd year. While it’s not as great a value as $70 potentially toward a ticket, it’s a bird in the hand so I’m willing to use the points toward the fee. That’s $2K/month in manufactured spending, so certainly doable, and it keeps the card alive for a while.

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