Reply
Valued Contributor
kevinjjc
Posts: 1,331
Registered: ‎01-14-2009
0

Re: US Bank--what to do?


ukimafija wrote:

They are running a promotion 200$ for CHK with DD+100$ bonus 50+50 if you put a 1k into savings, not to mention you get 25% extra points and a free account. And you can also have a line of credit with like 8% APR. Good bank...I came to stay ...


Do you have a link? Sounds like a good deal. It would go nicely with my US Bank Cash+ card.

Regular Contributor
ukimafija
Posts: 127
Registered: ‎08-13-2012
0

Re: US Bank--what to do?

[ Edited ]

They did say it is a targeted offer, but i talked with a specialist who told me they are gonna honor the bonuses if you meet the requirements. It is just gonna take them some time.

Here it is

Open a gold checking package, sign up for AutoPay on Cash + and the account is free,  also you are opening a savings in this package just sign up for their START program and you can get another 100$

BOA Cash Rewards Visa Sig. 12K; BOA Travel Rewards Visa Sig 5K, US Bank Cash+ 11.5K, AMEX BCE 6200, AMEX BLUE Sky 7K, Chase Freedom Visa Sig. 5400, Fort Knox FCU Visa Platinum 2500; CAP ONE Cash Rewards WORLD MC 5K

Starting Score: 580
Current Score: 747
Goal Score: 800+


Take the FICO Fitness Challenge
Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011
0

Re: US Bank--what to do?

Flexperks if you understand how it works and use it for travel purposes is much better than the Cash+ I would skip on the all cash back cards if you intend to travel at all even every few years.


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: US Bank--what to do?


distantarray wrote:

Flexperks if you understand how it works and use it for travel purposes is much better than the Cash+ I would skip on the all cash back cards if you intend to travel at all even every few years.


I think you are the only other person who understands that. I have declined offers from US Bank to PC my flexperks to cash+.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
New Contributor
nishant1
Posts: 108
Registered: ‎12-23-2012
0

Re: US Bank--what to do?

US bank gives 25% additional rewards on Cash + card only with Platinum checking account. No other checking acccount gives you additional bonus

 

Platinum checking account comes with monthly $18 fee and there is no way to avoid monthly fee by direct deposit.

 

The only way to avoid this $18 fee is to have $25,000 investments or loans or mortgage or credit card balances or a combination of these.

 

With 3 popular categories from Cash + going away from end Mar 2013, it may not be worthwhile to open a platinum account only for the bonus on cash back rewards

Valued Contributor
navigatethis12
Posts: 1,943
Registered: ‎01-24-2012
0

Re: US Bank--what to do?


nishant1 wrote:

US bank gives 25% additional rewards on Cash + card only with Platinum checking account. No other checking acccount gives you additional bonus

 



The bonuses with the chequing acccounts are only on the 1% that the cards earn, making it a 1.25 or 1.50% cashback card. You do not get the bonus on the 5% categories. Just pointing that out.

New Contributor
nishant1
Posts: 108
Registered: ‎12-23-2012
0

Re: US Bank--what to do?

Anyway the 25% for gold & 50% for platinum bonus rewards are going away from 10th Aug 2013.

Regular Contributor
ukimafija
Posts: 127
Registered: ‎08-13-2012
0

Re: US Bank--what to do?

[ Edited ]

nishant1 wrote:

US bank gives 25% additional rewards on Cash + card only with Platinum checking account. No other checking acccount gives you additional bonus

 

Platinum checking account comes with monthly $18 fee and there is no way to avoid monthly fee by direct deposit.

 

The only way to avoid this $18 fee is to have $25,000 investments or loans or mortgage or credit card balances or a combination of these.

 


You got it wrong, gold account gives you 25% extra points and you can have that account free if you set up an autopay on you cc, and platinum account gives 50% extra points on spending and yes it does have those requirements.

https://www.usbank.com/ICWeb/productComparison.html?productCode=PKG

But it looks like it is good until 8/10/13 after that they are probably gonna kill the bonus...

BOA Cash Rewards Visa Sig. 12K; BOA Travel Rewards Visa Sig 5K, US Bank Cash+ 11.5K, AMEX BCE 6200, AMEX BLUE Sky 7K, Chase Freedom Visa Sig. 5400, Fort Knox FCU Visa Platinum 2500; CAP ONE Cash Rewards WORLD MC 5K

Starting Score: 580
Current Score: 747
Goal Score: 800+


Take the FICO Fitness Challenge
Valued Contributor
kevinjjc
Posts: 1,331
Registered: ‎01-14-2009
0

Re: US Bank--what to do?


nishant1 wrote:

Anyway the 25% for gold & 50% for platinum bonus rewards are going away from 10th Aug 2013.


So there won't be any bonus for having a Gold or Platinum Checking Package?


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}