US Bank FlexPerks Select Rewards Visa Review | CreditShout

US Bank FlexPerks Select Rewards Visa Review

By Kevin / January 3, 2011
US Bank FlexPerks Select Rewards Visa Review

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Verdict:

If you use Travelocity for your travel bookings, you can earn points with the U. S. Bank FlexPerks Select Rewards Visa. If you prefer other travel agencies, you don’t get the rewards points.

Also, you can only earn airline miles by traveling on the select airlines for this card.

This makes this a pretty restrictive card.

Overview:

The U.S. Bank FlexPerks Select Rewards Visa is exactly what its name says. You only get select rewards and then only when you use it certain ways or for certain things.

In addition, you don’t start earning rewards until you’ve spent $250.

How This Card Works:

Book your flight, hotel, or rental car with Travelocity and earn rewards points, or book with one of the select airlines and earn travel miles.

Other than that, you use it just like a regular credit card.

Travel and Shopping Benefits:

You only earn one point for every $2 that you charge on the U. S. Bank FlexPerks Select Rewards Visa.

Fees:

There are no annual fees for this card, and the balance transfer and other fees are rather high.

You either pay $5 or 4% of certain transaction balance, or $5 or 3% on other transaction balances.

In addition, cash advances and cash equivalent advances are $10 or 4% or $20 or 4%, whichever is greater, respectively.

Pros:

  • No annual fee

Cons:

  • High fees
  • FlexPoints expire 5 years from end of calendar quarter in which they were earned. (Many credit card points never expire.)
  • Rather severely limited as to which travel agency and which airlines you can or should use.
The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone.Additionally, the opinions of the commenters are not necessarily the opinions of this site

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