Rumor: New US Bank Cards Coming, Sign-Up Bonus Worth Up to $600!

Signing up for credit cards through partner links earns us a commission. Terms apply to the offers listed on this page. Here’s our full advertising policy: How we make money.

Folks on the myFICO community forum have reported the rumored release of 2 new US Bank cards from American Express.  Including one that earns 1.5% cash back everywhere and one that earns FlexPoints!

Here’s more information about the 2 new AMEX US Bank cards.

New US Bank Cards From American Express

Rumor has it that US Bank will soon issue 2 new AMEX cards.

1.5% Cash Back Everywhere

One will be similar to the Chase Freedom Unlimited card.  You’ll get 1.5% cash back on everything with no annual fee.

If there is indeed going to be a US Bank-issued 1.5% everywhere card, I’ll still prefer the Freedom Unlimited.  Because you can move the points to Chase Sapphire Preferred, Ink Plus, or Ink Bold (no longer available) for Big Travel with Chase’s transfer partners.

FlexPerks With a Better Bonus

The other card will be a new AMEX US Bank Travel FlexPerks card.

You’ll earn 30,000 FlexPoints (worth up to $600) after meeting minimum spending requirements.

You’ll also get:

• 3 FlexPoints on dining
• 2 FlexPoints on gas and air travel
• 1 FlexPoint on everything else
• TSA PreCheck credit

And there’s an $85 annual fee.

This is a better deal than the current offer for the U.S. Bank FlexPerks® Travel Rewards Visa Signature® card, which offers 20,000 FlexPoints (worth $400 in travel) after meeting minimum spend requirements.

More About FlexPoints

You can redeem FlexPoints for airline tickets, statement credits, and more.  But they can NOT be transferred to airlines.

30,000 Flex Points from the new AMEX US Bank Travel FlexPerks card will get you:

• Up to $600 in airfare, or
• $300 statement credit

FlexPoints are worth 1 cent each when used towards statement credits and gift cards.  But you’ll get a better value redeeming them for airline tickets.

Like using your FlexPoints for Big Travel on Southwest using this trick!

The other nice thing about FlexPoints is that because you’re buying a paid ticket with points (no blackout dates), they’ll come in handy when it’s hard to find an award seat you want.  And you’ll earn frequent flyer miles too!

But, there are better cards available with higher sign-up bonuses and more flexible points (which CAN be transferred to airlines and hotels).

So, these new cards might be worth considering if you already have lots of cards and are looking for something new.

Chase Sapphire Preferred® Card

APPLY NOW

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 when you redeem through Chase Ultimate Rewards®.

• Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.

• 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.

• With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories

• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.

• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.

Intro APR on purchases

N/A

Regular APR

18.24% – 25.24% Variable

Annual Fee

$95

Balance Transfer Fee

Either $5 or 5% of the amount of each transfer, whichever is greater.

Rates & Fees

Annual Fee $95

Other

Credit Needed Excellent / Good

Issuer Chase

Card Type Visa

MORE INFO