New U.S. Bank FlexPerks Cardholders Will Receive Rewards Points for Team USA Medals

New U.S. Bank FlexPerks Cardholders Will Receive Rewards Points for Team USA Medals

August 1, 2016         Written By Lynn Oldshue

This Friday, the opening ceremonies will begin for the 2016 Olympic Games in Rio. In honor of its sponsorship of the event, Visa is offering a unique benefit for new U.S. Bank FlexPerks Travel Rewards Visa cardmembers. Anyone who applies and qualifies for the card between August 1 and September 3 will earn bonus FlexPoints based on the number of medals Team USA brings home.

New U.S. Bank cardmembers will receive 200 FlexPoints for every Gold medal, 100 FlexPoints for every Silver and 50 FlexPoints for every Bronze. These points are in addition to the 20,000 enrollment points that members receive when they spend $2,000 within the first four months of opening their account.

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Cardmembers can earn:

  • 2x points on airline, gas station or grocery store purchases, whichever category you spend the most in a particular month
  • 2x points from cellular providers
  • 3x points for charitable donations
  • 1 FlexPoint per $1 spent on other purchases

“Thanks to Visa, we are excited to offer this opportunity to new FlexPerks Travel Rewards Visa Cardmembers and help them catch the Olympic spirit,” said Cliff Cook, senior vice president for the U.S. Bank retail credit card division. “This promotion will encourage our new FlexPerks Travel Rewards Visa Cardmembers to share in the achievement of United States Olympians and bring them closer to The Olympics.”

Visa, which has sponsored the Olympics for the past 30 years, will be the only card accepted at the Olympic Games through 2020, which will include the Winter Games in PyeongChang in 2018 and the next Summer Games in Tokyo in 2020. As a part of its sponsorship this year, Visa gave Team USA members payment rings to use at the 4,000 NFC-enabled point-of-sale terminals at the games.

The information contained within this article was accurate as of August 1, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Lynn Oldshue

Lynn Oldshue has written personal finance stories for for twelve years. She majored in public relations at Mississippi State University.
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