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[EXPIRED] Back for 2014: US Bank FlexPerks Olympics Promo ($549+ bonus until 3/14)

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Old Jan 31, 2014, 10:40 pm
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Last edit by: MDtR-Chicago
Medal final results as of 2/23:
9 gold, 7 silver, 12 bronze = 7450 points + 20k guaranteed = 27,450 points


This promotion is similar to a very successful offer during the 2012 Olympics --
See this historic thread: [EXPIRED] U.S. Bank CC with 33,150 FlexPerks [~640 USD] travel sign up bonus, no fee

Sign up link: http://www.flexperks.com/credit/offe...motion&lang=en
NOTE: This offer is officially expired. Even though the application page still loads, it is likely that you will only receive the 20k point portion of the offer if you apply now.

The offer expires March 7, 2014, and includes:
Deadline extended - must be approved by March 14, 2014... offer includes:

  • Guaranteed 20,000 FlexPerks points after $3500 spend within first four months
  • An additional bonus depending on how many medals USA teams win during the Olympics [Gold = 500, Silver = 250, Bronze = 100; actual total = 7450 points]
  • First purchase must be made by March 31 to be awarded the 7450 point medals bonus
  • For reference, based on results at the last winter Olympics, the total bonus would have been 29,550, worth almost $600
  • $0 fee first year, then $49 subsequent years
  • 3 pts/$ on donations to charity
  • 2 pts/$ for gas, grocery, and airline purchases
  • 1 pt/$ elsewhere

More about bonus earning categories:

2pts/$ in whichever ONE of the following you had your highest spend for the statement month:
  • Grocery stores
  • Gas Stations
  • Airline Travel
And always 2pts/$ for cellphone bill payments

Each point is worth up to 2 cents when redeemed for airline tickets, according to this tiered redemption system:



No partial redemptions are allowed. In other words, a ticket priced at $395 costs 20k points while a ticket priced at $405 costs 30k points. No option to combine points+cash. Each redemption includes a reimbursement for up to $25 of incidentals charged directly by the airline.

For general questions on FlexPerks points, see this long-running thread: U.S. Bank FlexPerks [Master Thread]
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[EXPIRED] Back for 2014: US Bank FlexPerks Olympics Promo ($549+ bonus until 3/14)

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Old Feb 5, 2014, 5:51 am
  #31  
 
Join Date: Apr 2012
Location: MKE
Programs: Hyatt Diamond, SPG Plat, Hilton Gold, Club Carlson Gold,
Posts: 639
Originally Posted by medellinfein
I assume you called automated line? Thanks
Yes I called them. Just waiting for my wife's app to go through.
phdtomd is offline  
Old Feb 5, 2014, 7:58 am
  #32  
 
Join Date: Apr 2012
Location: MKE
Programs: Hyatt Diamond, SPG Plat, Hilton Gold, Club Carlson Gold,
Posts: 639
Checked on my online account. Card says select visa. Arrggg
phdtomd is offline  
Old Feb 5, 2014, 9:58 am
  #33  
 
Join Date: May 2008
Posts: 202
I applied and the end result was that I have to wait 3-5 days of processing. I called reconsideration and the guy was no help, said I have to wait. I'll call again later but was wondering if anyone had this result as well.
Wellington is offline  
Old Feb 5, 2014, 10:09 am
  #34  
 
Join Date: Sep 2013
Posts: 829
We received your online application for:
•U.S. Bank FlexPerks® Travel Rewards Visa® Card


We'll review your information and reply within 7-10 business days. Thank you for choosing U.S. Bank.


Damn
MaineCoon is offline  
Old Feb 5, 2014, 12:36 pm
  #35  
 
Join Date: May 2005
Posts: 136
Same result with me--just applied today--screen result said need to wait 7-10 days. I called the reconsideration line, spoke with a human being, and was told it will most likely take 3-5 days for a decision.

Any idea if it's safe in the mean time to apply for other cards today (at least one other)? I had been hoping to do a mini AOR today, with the next card being a Barclays one, but if US Bank is going to do a delayed credit pull or an additional credit pull then perhaps I shouldn't risk it and just wait it out.
redtop is offline  
Old Feb 6, 2014, 2:14 am
  #36  
 
Join Date: Feb 2011
Posts: 751
Originally Posted by redtop
Same result with me--just applied today--screen result said need to wait 7-10 days. I called the reconsideration line, spoke with a human being, and was told it will most likely take 3-5 days for a decision.

Any idea if it's safe in the mean time to apply for other cards today (at least one other)? I had been hoping to do a mini AOR today, with the next card being a Barclays one, but if US Bank is going to do a delayed credit pull or an additional credit pull then perhaps I shouldn't risk it and just wait it out.
Then check your report to see if US Bank already pulled. If so, then continue with your AOR. Problem solved
medellinfein is offline  
Old Feb 6, 2014, 10:19 am
  #37  
 
Join Date: Aug 2010
Posts: 97
Originally Posted by Kay_nyc
I'd love to hear how getting this bonus goes for people who got in last time. I'm trying to decided if I should go for it on my next round of apps.
Yes - does anyone have experience of opening the personal card in 2012, cancelling it and getting approved for this personal card? If so, when did you cancel the first card?
breef is offline  
Old Feb 7, 2014, 3:45 pm
  #38  
 
Join Date: Jul 2012
Location: LAX
Posts: 383
Unless this card is churnable, wouldn't it be better to wait for the summer olympics?
pkoo is offline  
Old Feb 8, 2014, 6:45 am
  #39  
 
Join Date: Jul 2011
Location: NYC
Programs: Mileage Plus, Aadvantage, Skymiles, Marriott, Priority Club, SPG, Amtrak, Hertz
Posts: 834
Originally Posted by pkoo
Unless this card is churnable, wouldn't it be better to wait for the summer olympics?
There's no guarantee the same promo will run or that the program won't be devalued before the summer Olympics.
Kay_nyc is offline  
Old Feb 8, 2014, 11:57 pm
  #40  
 
Join Date: Jan 2013
Posts: 322
Originally Posted by pkoo
Unless this card is churnable, wouldn't it be better to wait for the summer olympics?
The summer olympics won't happen again until in 2 years. Some of us can't wait until then
flyertalkingallday is offline  
Old Feb 9, 2014, 2:45 am
  #41  
 
Join Date: Dec 2009
Location: NYC (often in Thailand, Israel and Sweden)
Programs: Turkish Elite, AA Platinum, Royal Orchid Plus Silver
Posts: 382
Really happy. Got the card despite about five pulls in the past four months. Now, bring on the gold! GO TEAM!
larrythai is offline  
Old Feb 9, 2014, 11:18 am
  #42  
 
Join Date: Feb 2011
Location: Somewhere above the Mason-Dixon
Programs: DL Ham Samich
Posts: 1,661
Originally Posted by larrythai
Really happy. Got the card despite about five pulls in the past four months. Now, bring on the gold! GO TEAM!
1 Gold and 1 Bronze down!
RFDMinnesota is offline  
Old Feb 9, 2014, 12:57 pm
  #43  
 
Join Date: Oct 2013
Programs: Hilton Diamond
Posts: 38
Talking

I guarantee this promotion will not yield more points than the standard 20k. Here's why:

In 2010 Winter Olympics the USA won 37 medals (9 gold, 15 silver, 13 bronze) and this was when the Olympics was in our backyard (Vancouver). This only equates to 9,550 points.

Even if this year's teams DOUBLES the total medal count, US Bank would only give you 20k, the standard sign up bonus.

The reason the last summer's promotion was such a hit was because the USA OWNED the London summer Olympics: 104 medals and 46 of them were gold.

Unless you wanted this card anyway, I would not expect anything but the standard 20k points.
ChurnandBurn is offline  
Old Feb 9, 2014, 1:16 pm
  #44  
 
Join Date: Aug 2011
Location: The Phoenix Desert
Programs: Hilton Cubic Zirconia, Marriott Fools Gold
Posts: 1,692
Originally Posted by ChurnandBurn
I guarantee this promotion will not yield more points than the standard 20k. Here's why:

In 2010 Winter Olympics the USA won 37 medals (9 gold, 15 silver, 13 bronze) and this was when the Olympics was in our backyard (Vancouver). This only equates to 9,550 points.

Even if this year's teams DOUBLES the total medal count, US Bank would only give you 20k, the standard sign up bonus.

The reason the last summer's promotion was such a hit was because the USA OWNED the London summer Olympics: 104 medals and 46 of them were gold.

Unless you wanted this card anyway, I would not expect anything but the standard 20k points.
I agree that it won't be as lucrative as the summer olympics since there are less events and less medals to go around, but the 20k points are the minimum.... all medals earned give a bonus. So using your example of Vancouver you'd get 20,000 sign up + 3,500 spend + 9,550 for medals = ~33k points ($600 worth of an airline ticket + 3k miles left for the next redemption)
skitch23 is offline  
Old Feb 9, 2014, 1:29 pm
  #45  
 
Join Date: Jul 2011
Location: NYC
Programs: Mileage Plus, Aadvantage, Skymiles, Marriott, Priority Club, SPG, Amtrak, Hertz
Posts: 834
Originally Posted by skitch23
I agree that it won't be as lucrative as the summer olympics since there are less events and less medals to go around, but the 20k points are the minimum.... all medals earned give a bonus. So using your example of Vancouver you'd get 20,000 sign up + 3,500 spend + 9,550 for medals = ~33k points ($600 worth of an airline ticket + 3k miles left for the next redemption)
With two golds and two bronzes as of today, the bonus is already up to 21,200.
Kay_nyc is offline  


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