Wednesday, April 24, 2013

U.S. Bank FlexPerks Business Travel Rewards Card Review ...

U.S. Bank FlexPerks Business Travel Rewards Visa card is a business card that rewards you for your spending regardless of what business purchases you make. This Visa (NYSE:V) card rewards you with up to 3 points for each dollar you spend, and even gives you an enrollment bonus of 17,500 points.

I like this business card as it has the option of not having any annual fee if you spend a certain amount on purchases yearly, and you can even enjoy 0% intro APR on purchases and balance transfers for a certain period of time. But is this card good enough?

Here is a detailed review of U.S. Bank FlexPerks Business Travel Rewards Visa card that should answer that question and give you a broader perspective of this card?s advantages and disadvantages.

Things We Like About This Card

No annual fee during the first year. And after the first year, if you spend $24,000 or more on annual purchases with this card, you won?t have to pay an annual fee. This won?t be hard as you?ll only have to spend $2,000 each month on your card to fulfill this requirement to pay no annual fee. If you spend less than $24,000 throughout the year, you will have to pay an annual fee of $55.

Receive 17,500 bonus FlexPoints when spending $2,500 within the first 150 days. This is an attractive bonus reward which you should be able to earn by spending $2,500 during the first 5 months. Since you only need to spend a small amount over an extended period of time, it is easily achievable. A few other business credit cards in the market may give you more bonus points, but you would have to spend a certain amount within a shorter period of time. For example, Ink Cash Business by JPMorgan Chase (NYSE:JPM), gives you 20,000 bonus points ($200 bonus cash back) after you spend $3,000 during the first 3 months (read our review of Ink Cash Business card here).

0% intro APR on all purchases and balance transfers for the first 12 billing cycles. After that, you?ll pay a variable APR of 11.99% ? 17.99%, depending on your creditworthiness, if you hold a balance on your card.

Earn 3 points for each dollar you donate to charity. If you like helping others and donating to charity once in a while, you will be rewarded for your altruism.

Earn 2 points for each dollar you spend on a category of either gas, airline purchases or office supplies, whichever you spend the most in each month. That means if you charge the highest amount to say, gas, for that month, you will automatically earn double points in that category. You will also earn double points on most cell phone expenses such as monthly bills and Internet charges. By earning double points, you will be able to accumulate your points twice as fast.

Earn 1 point for each dollar you spend on net purchases. You will earn 1 point for each dollar you spend on your card regardless of the purchase you?re making.

Receive $25 airline allowance along with every award travel ticket. This allowance can be used to pay for food and beverages on the plane, baggage fees, and so on.

Redeem your points for travel starting at 20,000 points, which you can be redeemed for a $400 airline ticket. If you spend a reasonable amount on this card, you can earn these points relatively fast. Within the first year, you can earn these points to spend on travel purchases by spending $2,500 within the first 150 days, which earns you 17,500 points and when making $1,250 in purchases in a category that earns you double points, such as gas.

No redemption fees or blackout dates when redeeming your points for travel. Unlike many travel rewards cards you won?t have to worry about blackout dates when redeeming your points for travel.

Our Least Favorite Things About This Card

$55 annual fee after the first year if you spend less than $24,000 annually on this card. If you spend less than this amount during the year on this card, you will have to pay a $55 annual fee. Because of this, we will only recommend this card if you spend at least $24,000 a year on company expenses. If not, you are better off with a no-fee card such as Ink Cash Business, one of the highest rated business credit cards at DailyMarkets.com.

Our Verdict: 4.2/5 Stars

U.S. Bank FlexPerks Business Travel Rewards card is a business card that rewards business owners for their spending by giving them points for each dollar they spend. With this card, you will be able to earn double points on one of the following categories, whichever you?ve spent the most on during that month: gas, office supplies or airline purchases. You?ll also get double points on your cell phone payments.

You will also enjoy 0% intro APR on purchases and balance transfers, which will save you a lot of money if you?re planning on making big purchases and then paying them back within 12 months interest-free or if you want to transfer a balance to this card.

The U.S. Bank FlexPerks Business Travel Rewards Visa card will only be worth it if you plan on spending at least $24,000 a year on purchases each year. If not, you?ll have to pay an annual fee of $55 after the first year.

Click here to go to the official U.S. Bank website to apply online for U.S. Bank FlexPerks Business Travel Rewards Visa card now.

For those of you who prefer a business credit card with absolutely no annual fee, you might want to go for Ink Cash Business Card by Chase, a cash back card which offers new sign-ups $200 bonus cash back when you spend $3,000 during the first 3 months.

Source: http://www.dailymarkets.com/creditcards/us-bank-flexperks-business-travel-rewards/

gawker Romney Bosses Day 2012 Arlen Specter Winsor McCay Amanda Todd washington nationals

No comments:

Post a Comment