The last of the U.S. Bank FlexPerks Rewards credit cards is the Select Rewards Visa. We’ll investigate the benefits of this credit card as well as how it stacks up against the other two FlexPerks cards that U.S. Bank offers.
Fees
There is no annual fee for this card and an introductory APR of 0% on balance transfers for the first 6 billing cycles. The balance transfers need to be made within 30 days of the application. The APR on purchases is as low as 13.99%.
Select Rewards Program
New cardholders earn a bonus of 5,000 points after the first $250 is spent with the card (which is enough for a $50 Amazon gift card and a number of other rewards). Otherwise, there is no limit to the amount of points that you can earn a one point for every $2 that is spent.
Redeeming Select Rewards Points
Cardholders can redeem their points for gift cards with a number of retailers including the following:
- Amazon.com®
- Best Buy®
- Borders® and Waldenbooks®
- Charity Choice
- Gap
- The Home Depot®
- Land’s End®
- L.L. Bean
- Macy’s
- Office Depot®
- Pottery Barn®
- Saks Fifth Avenue
- Sears
- Starbucks Coffee
- and more
Or, if you choose you can redeem the points for Air Travel Awards, Hotel and Car Rental Rewards, Merchandise Rewards such as Apple and Oakley and statement credits to your account.
Conclusion of the Investigation
The U.S. Bank FlexPerks Select Rewards Visa is a great card for those who are looking for a no annual fee card with a 0% introductory APR to transfer balances. You also have a number of options for redeeming rewards, but earning at 1 point for each $2 spent is certainly not the quickest way to earn rewards points. Here is the comparison of the three U.S. Bank FlexPerks cards from U.S. Bank:
Here are the reviews for the U.S. Bank FlexPerks Cash Rewards Visa Card and the U.S. Bank FlexPerks Travel Rewards Visa. As you can see, the Select Rewards Visa is better than the Travel Rewards card because their is no introductory APR offer and the Travel Card has an annual fee of $49, but the Cash Rewards card earns 1 point for each $1 spent instead of $2. If you’re looking for a U.S. Bank Rewards card, you’ll need to weigh your options and choose depending on what you will use the card for. If you travel frequently, then the Travel Rewards card may actually suit you the best.