flyinghigh77

U.S. Bank is running a promo where the sign up bonus for the FlexPerks Credit Card increases every time Team U.S. wins at the London 2012 Olympic Games. Since the team is so successful, the sign up bonus is now roughly 32.000 points which you can use for 640 USD worth of air travel (they use Travelocity white label). And the games are not over, yet. so the bonus will increase further.

You have to spend 2500 USD within 5 months to get the points. So this would be another 50 USD worth of travel, bringing the total bonus to almost 700 USD (1 point = 2 USD).

and: air tickets earn elite qualifying miles and redeemable miles since they are just regular tickets.

and: they pay for your bag when you use points to buy an air ticket (USD 25.00 airline allowance).

and: this discount is instantly. you will not have to wait for statement credits or anything like that.

and: fee waived for 1st year! so, nothing to loose.

and: it is from u.s. bank. so, no need to deal with chase or citi which are behind most other good credit card offers.

apply by Aug 31. would not be surprised if they pull it early, though. it is live as of now.

http://www.flexperksbonusoffer.com/n...2Findex%2Ehtml

ma91pmh

this looks like a nice way to get some free travel money. and nice to have a us bank card to throw in the mix. must apply by end of this month though

emptiness

guaranteed $640 in cash? have to book air ticket or can request check or gift cards?

flyinghigh77

the 700 bucks are only 700 bucks for air travel being available on travelocity.com. otherwise its more or less half. this offer is good if you want to save some 700 bucks on air travel. once you used up your points, dump the card within the first year and there will be no fee at all. basically, free money for air travel. unfortunately, i already do have the card. otherwise i would jump on it, especially since it is not chase or citi.

metoo

Olympics is not over yet. So if the US wins more medals, would the flex points go up? I have never had a U.S. Bank card before and don't really understand how the points work.....

Thanks for sharing the info.

flyinghigh77

yes. the signup goes up further.

how it works? 1 point can be redeemed for USD 2.00 worth of air travel on travelocity.com. It is instant. So you do not have to wait for a statement credit or anything like that. Lets say you find a flight for 200 USD, then you can use 10.000 points and you pay nothing at all. It can all be done online.

mintcilantro

nice offer. I will wait until the end of the month to apply. Any idea what bureau US Bank uses for california residents?

metoo

No restriction on what you purchase?? Can I purchase an airline ticket on sale or on promotion?

Also, wasn't there an offer similar to this with Cit or Captial one where you get 50k points to purchase airline tickets?

Don't have Capital one nor U.S. bank cards...guess my biz goes to Chase for their great offers

flyinghigh77

yes, you can also use it for promo fares. basically, everything that can be found on travelocity (which is not different from what can be found on expedia, orbitz etc. in 99.9 percent of cases).

chase has great offers. but they will only give you a certain number of cards. this is u.s. bank, keep that in mind ;-)

metoo

Thanks for helping out.

emptiness

would have gotten this if you can request 500 or 600$ in cash or gift cards or any airline or hotel miles and posts

JATR4

Applied. Under review!

gm9928

Same for me. Fingers crossed!

chemist661

I checked www.creditboards.com/forums (credit pulls database near the bottom of the page). I notice that they pull alot of Experian (mainly Southern Calif) but in 2009 for one SF & one Merced applicant, they pulled Equifax.

From that data base, they seem to pull alot of Experian lately.

schley

Really?

Who wouldn't if they are giving away $600 in cash!