There are quite a number of different credit cards available for those interested in accessing rewards and perks when they make a charge on the account. The U.S. Bank FlexPerks Travel Rewards Visa Signature Card might be the most interesting of all the cards available bearing the Visa name.
The fair interest rates and the special travel rewards associated with the card allow it to stand out.
For those wishing to acquire a Visa that aids in getting the most out of their travel charging experience, this might be the very best card to acquire.
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The Interest Rates and Annual Fee on the FlexPerks Travel Rewards Visa
Among the most important attributes any Visa card can present would be the interest rate associated with it. The interest rate on this card ranges from 13.99% to 23.99%. The actual interest rate awarded will be based on two factors:
- The credit worthiness of the applicant
- The Prime Rate in the market
The card does come with an annual fee although the annual fee is waived during the first twelve months. That means the annual fee is zero for the first year and then increases to $49 on the second year.
The Annual Percentage Rate (APR) covers purchases, cash advances, and balance transfers. For Purchases and balance transfers, the APR will range from 13.99% to 23.99%, For cash advances, the APR will be made available at 23.99% exclusively.
There is a minimum monthly interest rate charge. If interest is charged on the account, the assessment will be no less than $2. It is possible to avoid paying interest if payment in full is made on the account with 24 days of the close of the billing cycle.
The Special Benefit for the Rewards Program
With this particular card, there is a very unique special feature that contributes to its ability to offer great deals as part of its rewards program.
Basically, card holders will gain double the rewards points on the category that they spend the most money on during a single monthly billing cycle. The categories can include:
- Airline Travel
- Groceries
- Gasoline and Fuel
There is also a one time award of 20,000 Travel Points awarded once the card is first activated. This allows the person who acquires the card to start with a significant amount of rewards points that can be redeemed at a later date.
The starting balance can act as an incentive for someone to use the card to earn more rewards as the year progresses.
The Rewards Program
As a card holder uses the card, reward points are accrued on a dollar for dollar basis. The exception to this is when there is a special promotional component offered such as the aforementioned double rewards points for the specified category.
Unlike quite a number of card available from other banks and financial institutions, the categories in which points can be accurrex towards are quite vast. The categories available with the card are as follows:
- Airline Travel
- Hotel, Car Rental, and Cruise Rewards
- Merchandise
- Merchandise
- Statement Credits
The air travel rewards can be easily called very generous since they can be redeemed with well over 150 airlines. The great variety opens many doors for excellent deals and special offers on various flights and carriers. The way the rewards are redeemed is based on the ratio of points to monetary amounts.
At the lowest end of the spectrum, 20,000 rewards points can be redeemed for $400 in ticket price credits and 50,000 points can cover $1,000 towards a ticket.
When traveling, car rentals, hotel rooms, and even cruise travel will be booked. The costs of these components of a trip can be quite significant. Through taking advantage of FlexPoints, these bookings can be acquired at very fair and reduced rates. Car rentals alone can be acquired at up to a 25% discount thanks to the points accumulated through the rewards available from the card.
Merchandise rewards cover the costs of all manner of retail purchases. With the rewards issued for merchandise, a card holder can acquire several hundreds (if not thousands) of items in such categories as:
- Clothing
- Consumer Electronics
- Home Improvement
- Designer Clothing
There are scores of different major name brand sellers that work in concert with the rewards program. Companies such as Apple, Canon, Sony, Oakley, and more are
Gift Cards work the same as merchandise cards with the main difference being they are not geared to a particular name brand. Rather, they are designed to cover rewards that can be redeemed at specific retail stores both online and in person.
The main retailers that these gift cards can be issued to cover purchases at Amazon.com, Best Buy, Sears, Home Depot, Macy’s, and more.
The ability to receive credits towards the statement of an account might be considered both helpful and innovative.
The way it works is the account holder is to ask for cash back at the rewards center and money is immediately applied towards the balance that has to be paid on the card.
The use of all rewards is final. Once the rewards points have been redeemed, they points cannot be refunded.
Perks, Benefits, and Features Unique to the U.S. Bank FlexPerks Travel Rewards Program
There are quite a number of truly unique features associated with this Visa card. For those interested in using their credit card not just to facilitate short term borrowing, but also to acquire access to deals, discounts, special offers, and incentives, it would be very difficult to find any credit card that can offer more than what this particular one can deliver.
- Technical Benefits
The card is designed with microchip technology, which allows it to be much more easily accepted in Canada and other overseas markets. The easier it is for the card to be processed and the more available venues it can be processed at, the less trouble exists when traveling overseas.
- Online Banking Benefits
Those who use the card for online banking can take advantage of accessing their credit report for free.
Financial Perks of the Rewards Program
There are quite a few financial and transactional perks and benefits associated with the card and among those benefits are:
- Automatic Online Bill Payment
- Travel Accident Insurance
- Charitable Donations Receive Triple Points
The Travel Accident Insurance is enormously generous as it presents a full $1 million in coverage to travelers and their family. This benefit is automatic the minute the card is used to purchase travel tickets.
The Very Original Feature of the Signature Visa Card
For those looking for a Visa travel and rewards card that offers benefits that might not be found with very many other card, the U.S. Bank FlexPerks Travel Rewards Visa Signature Card might very well be the perfect card to examine.
There are rewards, perks, and benefits with this card that would be extremely difficult to find elsewhere.
As a collective of perks and features, this Signature Visa truly is novel and original.
- Signature Travel
This is a high end perk that allows for upgrades and access to special offers at various hotels and resorts.
- Signature Entertainment
Scores of different entertainment specials can be made available through this card. The specials range from two for one movie tickets to discounts on various live events.
- Luxury Hotel Collection
Whether the card holder is looking for special room rates or discount vouchers on dining or even room upgrades, this feature ensures the best offers are acquired through numerous top hotels.
- Concierge Service
No one likes to deal with troubles and hassles when traveling. Through using this Visa card for booking travel arrangements, a 24/7 concierge service
- Fine Wine and Food
For those who love gourmet dining, this perk is definitely going to be appealing. Everything from online reservations to special discounts on high end dining are available thanks to it.
- Visa Signature Sports
Sporting events can be the centerpiece of a lot of travel excursions. The card creates opportunities to get tickets at reduced prices and even VIP packages.
Additional Fees Associated with the Use of the Card
There are a few standard fees affixed to the use of the card. The fees are as follows:
- Balance transfer fees of 3% ($5 minimum) on an introductory transfer and 4% ($5 minimum) thereafter.
- Cash advance fee of 4% or a $10 minimum
- ATM cash advance fee of 4% or a $10 minimum
- Convenience check cash advance of 4% or a $5 minimum
- Cash equivalent advance fee of 4% or a $20 minimum
- Late payment and returned payment fees of up to $35
- Foreign transaction fee of 2% for transactions in US dollars and 3% for those transactions in foreign currency.
Is this the card for you?
Anyone interested in acquiring a credit card that comes with the most stacked rewards program and travel deals, the U.S. Bank FlexPerks Travel Rewards Visa Signature Card might be one of the very best to acquire.
The costs associated with the card might be much higher than is the case with other Visa rewards cards.
The benefits gained from using the card more than make up for the costs.
Be sure to always compare credit cards with our FREE chaser tool, located above.
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