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US Bank--what to do?

Valued Contributor

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

Re: US Bank--what to do?

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

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Established Contributor

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

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+.

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New Contributor

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

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

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

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

 

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+


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Valued Contributor

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?