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Right now, with the medal count, the points bonus stands a 33,150.
This is great for direct last minute purchase of airfare worth about $650. No need to transfer, find a special, just goto travelocity and buy. Or, just a statement credit for $330 isn't too shabby either.
However, with so many medals--especially gold--I'd imagine US Bank would become more strict during the approval process for this card.