U.S. Bank points are worth 1.3 cents per point, on average. The value of U.S. Bank points depends on how you choose to redeem the points. For example, points from U.S. Bank are worth up to 1.5 cents each when redeemed for travel through the FlexPerks Rewards program, and they are worth 1 cent each when redeemed for cash back.… read full answer
U.S. Bank points are worth the most when redeemed for travel.
Redeem U.S. Bank points regularly.
U.S. Bank points do not expire due to account inactivity, but stockpiling points does put you at risk of rewards devaluation. Plus, you won't get to enjoy the fruits of your spending if you don't redeem.
Keep your account in good standing.
If U.S. Bank closes your account because of a failure to pay the bill or fraudulent activity, you'll lose any unredeemed points you have saved.
Redeem before closing your account.
Any points you don't redeem before closing your account will be lost.
You can redeem your U.S. Bank FlexPerks Select rewards online by logging in to your account. Under the “My Accounts” tab select “My Rewards” and click “Redeem Rewards”. You could also call 1-800-692-8472.
The U.S. Bank FlexPoints have different values, depending on how you want to redeem them: for air travel, hotels and car rentals you get 1.5 cent/point when redeemed through U.S. Bank. Cash back, statement credits, gift cards get you 1 cent/point and the value varies if you wish to redeem for merchandise.
To redeem rewards, your account must be in good standing. Also keep in mind that FlexPoints expire in 5 years from the end of the quarter in which they were earned!
How many miles you need for a free flight depends on the dollar cost of the flight. On average, a one-way domestic flight will cost between 6,000 miles and 20,000 miles, depending on the airline. A one-way international coach flight will cost 35,000-50,000 miles.
Airline miles and points are generally worth around 1 cent each, but their value can vary. For instance, when redeeming Southwest points for a free flight, each point is worth 1-1.5 cents, depending on the route and date of the flight. United miles are worth between 1 and 2.5 cents each.… read full answer
How Many Miles You Need for Free Flight by Major Airline:
American Airlines: 7,500+ miles needed for a free one-way domestic flight.
United Airlines: 10,000+ miles needed for a free one-way domestic flight.
Southwest Airlines: 2,372+ miles needed for a free one-way flight from Las Vegas to Los Angeles (cheapest option).
Frontier Airlines: 10,000+ miles needed for a free one-way domestic flight.
JetBlue Airlines: 3,400+ miles needed for a free one-way flight from Long Beach, CA to Las Vegas (cheapest option).
Getting an airline credit card can help you earn miles and free flights faster than a frequent flyer program alone, especially with large signup bonuses. The Citi/AAdvantage Platinum Select World Elite Mastercard, for example, comes with a signup bonus of 50,000 miles for spending $2,500 in the first three months. Since the $99 annual fee is waived the first year, you can get those bonus miles and redeem for free flights before having to pay any annual fee.
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