If you use a credit card to cover all of your business expenses, you could be missing out on some big rewards if you’re not using the right one. When you’re comparing rewards cards, it’s important to choose the one that matches your business spending style. The U.S. Bank FlexPerks Business Travel Rewards Visa offers multiple opportunities to earn free travel along with some added savings while you’re away from home.
New Member Bonus
New members can start racking up bonus points as soon as they begun using their card. Just spend $3,500 or more with your U.S. Bank FlexPerks® Business Travel Rewards in the first 4 months and you’ll automatically earn 20,000 bonus FlexPoints. By spending as little as $500 per month you’ll be well on your way to earning free flights, cash back and more.
Earning Additional FlexPoints
Card members can earn even more FlexPoints on every purchase. If you use your card to make charitable donations, you’ll get three points for every dollar you spend. You’ll get two points per dollar on most cell phone purchases, including your monthly bill, accessories and Internet charges, plus double points on the category where you spend this most. This means you’ll always earn the most points possible, whether you use your card for gas, office supplies or travel. For everything else, you’ll still earn one point per dollar. Refer a friend and you’ll get an extra 5,000 points once they make their first purchase with the card. There’s no limit on the number of points you can earn; however, your points expire within five years from the date they’re earned so you’ll need to plan your redemptions accordingly.
Using Your FlexPoint Rewards
U.S. Bank gives card members multiple options for redeeming their FlexPoints. For example, you can convert your points to free flights aboard more than 150 airlines, hotel stays, car rentals and cruises. Redemption for flights begins with as little as 20,000 points and point values are doubled which means you can get the equivalent of a $400 ticket for free. You can use your rewards for other travel expenses beginning at 5,000 points, which is good for a $50 gift certificate. Participating travel partners currently include Hyatt Hotels & Resorts, Marriott Hotels, Ritz-Carlton, Avis, Budget, Hertz, Carnival Cruise Lines and Royal Caribbean International.
In addition to using your FlexPoints for travel, you can also convert them to cash back beginning with as little as 5,000 points. Members also have the option of redeeming points for gift cards and merchandise from participating merchants, including Apple, Amazon.com, Best Buy, GAP, The Home Depot, Sony and Macy’s.
Card Member Benefits
The U.S. Bank FlexPerks Business Travel Rewards Visa offers some added benefits, including a $25 airline allowance with every award travel ticket. The allowance can be used towards your baggage fees, in-flight food or drinks and more. You’ll pay no interest on purchases or balance transfers for the first twelve months and the $55 annual fee is waived for the first year. The fee is also waived for any year when you charge $24,000 or more to the card.
The Bottom Line
If you want a credit card that offers big rewards, flexible redemption options and a low annual fee, the FlexPerks Business Travel Rewards Visa features all of the benefits you’re looking for. With no interest and no annual fee for the first year, you’ll have plenty of time to decide if the card fits your business needs.