Note: Gift card are also available for redemption. However, the current conversion rate is not clear because reward program info is not easily available. In the past, you could redeem 20,000 of for $200 statement credit.
Terms:
Only 20,000 FlexPoints = up to a $400 ticket.
Get 3,500 FlexPoints each cardmember year you spend $24,000 in net purchases, which can be redeemed for your annual fee or toward other rewards.
One-time 20,000 bonus FlexPoints will be awarded when you are approved for a new U.S. Bank FlexPerks Travel Rewards American Express Card and Net Purchases (purchases minus credits and returns) totaling $3,500 or more post to your account within four months from account opening. Please allow 6-8 weeks for your bonus FlexPoints to be credited to your FlexPerks account. You are eligible to receive one-time bonus FlexPoints for each new FlexPerks Travel Rewards account type. Existing and previous FlexPerks Travel Rewards accounts do not qualify for bonus FlexPoints for a similar account type. One-time bonus FlexPoints do not apply toward account upgrades. Use of the FlexPerks Travel Rewards Card is subject to terms and conditions of the FlexPerks Travel Rewards Cardmember Agreement, which may be amended from time to time. This offer may not be combined with any other bonus offer. Offer is subject to credit approval.
You will have the ability to redeem FlexPoints for award travel on more than 150 airlines. FlexPerks Cardmembers may redeem if their accounts are open and in good standing under the terms of their Cardmember Agreement. All FlexPoints redemptions are final. FlexPoints are not transferable, are not redeemable for cash and cannot be used as payment for obligations owed to U.S. Bank or its affiliates. There are no refunds, exchanges, replacements or conversions for currency, credit, other points or rewards for no-shows or unused portions or rewards. Determination and payment of tax liability is the sole responsibility of the cardmember. We reserve the right to verify and adjust FlexPoints at any time before or after posting any redemption. Once you or we close your account for any reason, all accumulated FlexPoints may be forfeited. Cardholders must have a Frequent Flyer number with the airline if they wish to earn Frequent Flyer miles on their award ticket.
You may redeem FlexPoints to purchase travel rewards. All travel reservations must be booked online through the Rewards Center at usbank.com or by phone at 888-229-8864 (only airline tickets may be booked over the phone). FlexPoints are considered fully redeemed when a confirmation number is issued and FlexPoints are deducted from your balance. Travel rewards can be issued in any individual’s name, but FlexPoints used for the purchase must be redeemed by an authorized Cardmember on the Account. U.S. Bank and our third party vendor(s) shall not be liable for any bodily and/or property damage that may result from your use of travel rewards, or the performance by the travel providers (e.g., airlines, hotels, etc.).Your redemption for or purchase of travel rewards constitutes your agreement to the terms and conditions of our third party vendor(s). If you book travel through the Rewards Center at usbank.com, please refer to additional terms and conditions provided in the online redemption process. If you book travel by phone, a $20 Travel Advisor Consultation fee will be charged per award ticket, and please refer to additional terms and conditions provided on your travel itinerary. Beginning January 5, 2015, the Travel Advisor Consultation fee will increase to $25. Airlines may impose additional fees that are not included in your award ticket, including but not limited to fees for seating, luggage and changing your ticket.
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