The U.S. Bank FlexPerks Select+ American Express Card has an introductory offer of: 10,000 bonus FlexPoints when there’s at least $1,000 spent in the first 4 months of having your account open. The 10k points will be worth about $150 in travel. It’s a normal bonus value when you compare it to other no annual fee credit cards.
The FlexPerks Select+ isn’t one of the best travel rewards cards out there. They have very little rewards and benefits that comes with the credit card. However, you don’t have to worry about an annual fee attachment and there is a decent welcome bonus included. This is worth it if you aren’t able to qualify for a better rewards card option.
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FlexPerks Select+ Card Quick Facts
|Bonus Available||Receive 10,000 bonus points when you’ve spent at least $1,000 in the first 4 months of opening your account.|
|Travel Credit||No travel credit|
|Ongoing Rewards/Benefits||Unlimited 1 point for each $1 used on qualifying expenses.|
|Foreign Transaction Fees?||2% in USD, 3% in foreign currencies.|
|Airport Lounge Access||N/A|
*This card is issued by U.S. Bank. Compare this card to other credit card bonus offers.*
- No annual fee
- Bonus points
- Simple rewards
- Good-Excellent credit needed to qualify
- No value-added benefits
- No transfer partners
- Limited Amex acceptance worldwide
- Foreign transaction fees
Editor’s Alternate Pick
The Chase Freedom Unlimited® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases.
There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open.
This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM.
FlexPerks Select+ Card 10,000 Bonus Points Offer
Make use of the FlexPerks Select+ card’s introductory offer of: 10,000 bonus FlexPoints. The points will be worth about $150 when they’re redeemed towards travelling. See other credit card bonuses here.
You must charge your card with a minimum of $1,000 in the first 4 months of having your account open to be able to qualify for this offer.
Here are some ideas on meeting the spending requirement:
|• Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review.|
|• Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank.|
|• Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay.|
|• Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees.|
What are FlexPoints Worth?
Compared to other travel rewards cards, depending on how you choose to use your points will reflect their value. Typically, every FlexPoint will be worth about $0.015 for travel. This is an amazing value since the industrial average for cards in this platform is normally $0.01 for each point.
Your FlexPoints can be used towards:
- Annual fee
- Gift cards
To get the best value for your FlexPoints, it would be better to use them towards travelling. There isn’t an annual fee you have to worry about with this credit card. The other redemption choices will hold a value of about $0.01 for each point.
U.S. Bank FlexPerks Select+ American Express Card isn’t really the best travel rewards card out there. However, it doesn’t have an annual fee included. It’s a good beginners credit card for a traveller that doesn’t spend much money. This card does come with a foreign transaction fee, so it wouldn’t be ideal to use this card when you travel abroad.
If you want more travel benefits included, then you should consider the U.S. Bank FlexPerks Gold American Express Card.
(Visit FlexPerks Select+ for more information)
What’s the Competition?
There are some of U.S. Bank FlexPerks Select+ American Express credit card’s top competitors listed below.
The Chase Freedom® Card offers a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
You'll earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate and an unlimited 1% cash back on all other purchases. You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
This card has no annual fee and you'll get a free credit score that's updated weekly with Credit JourneySM.
The Capital One® SavorOne® Cash Rewards Credit Card offers a one-time $150 cash bonus after spending $500 on purchases within the first 3 months from account opening.
You'll earn an unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases with no rotating categories or sign-ups needed to earn cash rewards.
This card comes with no annual fee and no foreign transaction fees.
The Capital One® VentureOne® Rewards Card offers a one-time bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel.
You'll earn 1.25X miles on every purchase, every day and pay no annual fee. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture.
This card comes with no annual fees and no foreign transaction fees which is a great choice as your go-to travel card!
The American Express Cash Magnet® Card offers $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
You'll earn unlimited 1.5% Cash Back on your purchases; your cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
The card has no annual fee. (See Rates & Fees).
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