Tag Archives: US Bank

Weekend TWG Homework Assignment: What are the Best Credit Cards for Downgrades or Conversions?

Which Credit Card

Weekend TWG Homework Assignment: What are the Best Credit Cards for Downgrades or Conversions?

Good evening everyone, TGI (Thank Grant It’s) Thursday.  I will be flying up to San Francisco Friday night and coming home early Monday morning from Oakland.  I will not be blogging this weekend, but I will bring my phone so I can respond to emails and blog comments.  Since the collective knowledge of TWG readers is far superior than just my knowledge, I need your help.  I am working on compiling a page on best credit cards for downgrades or conversions.  For every annual fee credit card from a bank, there is a related no annual fee credit card.

Do you remember that kid in school who always asked the teacher if there was any homework due next week when the teacher clearly forgot to assign any?  Well, you can all thank Dan P for the suggestion (link):

I think a blog post about all the “good downgrading cards” would be great. Include the BoA Better Balance Rewards and the Citizens Bank Green$ense (pays you $0.25 per transaction, up to $20 per month; great for purchases under $5) in addition to other cards. Although other than those two I haven’t found any really useful, zero annual fee cards.

Steven got the ball rolling with this comment:

Best practice is to convert the Alaska card to a Better Balance card which will award $100 a year for minimal spending. I have 6 of them. :)

Followed by Jivepicnic’s comment:

I only have one Better Balance Card, so I have some work to do to catch up to Steven! I purchase an Amazon eGC for $0.50 each month, so I spend $6 per year to get $100. Actually for me it’s $120 because you get a $5 bonus per quarter if you have a BofA checking account as well.

Clearly, I have been living under a rock since I was unaware of this card until a few days ago.  I have closed several Bank of American credit card in the last 2 years to avoid the annual fee, when I could have earned $100 a year for keeping a credit card open (link).

BofA Better Balance Rewards

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Random News: Chase Ink Plus 70,000 Point Sign Up Bonus Targeted Letter, US Bank FlexPerks Credit Card Refer A Friend, Multiple Business Cards for Visa Savings Edge, and a Cheesecake Factory AMEX Offer

I apologize for all the Chase Ink Bold/Plus coverage lately, Chase just has a thing for me.  In today’s mail, they sent me a targeted letter to sign up for the Chase Ink Plus Business Credit Card (currently I have 2 Ink Bold cards only).  The offer is identical to the currently available bank offer of 70,000 Chase Ultimate Reward Points offer after spending $5,000 in 3 months.  The $95 annual fee is not waived for this offer.

Chase Ink Plus 70k Front

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How to Book Airfare with US Bank FlexPerks

FlexPerks Visa Signature Card

How to Book Airfare with US Bank FlexPerks

I’ve talked about US Bank FlexPerks a few times in the past:

I *highly* recommend reading the post from May 11 that highlights my way of MSing FlexPerks.  The brief run down is:

  • 20,000 FlexPoints = up to $400 in travel
  • To earn 20,000 FlexPoints, you need to spend $10,000 in grocery stores (2x on all grocery store purchases)
  • $10,000 / $500 Gift Cards = 20 Gift Cards
  • 20 Gift Cards x $5 activation fee = $100 out of pocket expense
  • $400 in travel – $100 out of pocket expense = $300 “free travel money”

Some other interesting points of FlexPoints:

  • Get 3,500 FlexPoints each cardmember year you spend $24,000 in net purchases, which can be redeemed for your annual fee or towards other rewards of your choice.
  • Get up to a $25 airline allowance with every award travel ticket good towards baggage fees, in-flight treats and more. (Ohhh in-flight treats/food/drinks – After travel, just call Cardmember Services at 877-978-7446 to request a statement credit within 90 days of your award ticket travel flight.)
  • Earn frequent flyer miles on the airline you fly for your award travel flight.

To read the entire article, please click here.

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How to Redeem US Bank FlexPoints for Airlines Tickets

I’ve talked about US Bank FlexPerks a few times in the past:

I *highly* recommend reading the post from May 11 that highlights my way of MSing FlexPerks.  The brief run down is:

  • 20,000 FlexPoints = up to $400 in travel
  • To earn 20,000 FlexPoints, you need to spend $10,000 in grocery stores (2x on all grocery store purchases)
  • $10,000 / $500 Gift Cards = 20 Gift Cards
  • 20 Gift Cards x $5 activation fee = $100 out of pocket expense
  • $400 in travel – $100 out of pocket expense = $300 “free travel money”

Some other interesting points of FlexPoints:

  • Get 3,500 FlexPoints each cardmember year you spend $24,000 in net purchases, which can be redeemed for your annual fee or towards other rewards of your choice.
  • Get up to a $25 airline allowance with every award travel ticket good towards baggage fees, in-flight treats and more. (Ohhh in-flight treats/food/drinks – After travel, just call Cardmember Services at 877-978-7446 to request a statement credit within 90 days of your award ticket travel flight.)
  • Earn frequent flyer miles on the airline you fly for your award travel flight.

With that said, here is how to redeem US Bank FlexPerks for airfare.  Find a flight you want that costs less than $400, but ideally as close to $400 as possible.  20,000 FlexPerks can be used on a $100 ticket, a $200 ticket, a $300 ticket, or a $399 ticket.  All those tickets cost the same number of FlexPerks, so find the best flight and don’t worry about the cost.  In the example below, I need to get from SFO to LAS for a bachelor party and need these specific flights.  Southwest Airlines and Virgin America have flights at the same time that are both more expensive than the flight shown below.

ITA Matrix SFO-LAS Flight $381

Log into your US Bank account and click on My Accounts and My Rewards.

US Bank My Rewards

Click Redeem Rewards under your Flexperks credit card.

US Bank My Rewards Redeem Rewards

Click on Travel Rewards in the center of the screen.  You will be able to see your current Flexperks balance in the upper right corner.

US Bank My Rewards Redeem Travel Rewards

Click on Explore Travel in the center of the screen.

US Bank My Rewards Redeem Travel Rewards Explore Travel

Remember, these are the flights, times, and flight numbers of the flights I want to book.

a screenshot of a ticket

Enter your search terms into the search box.  You can book round trips, one way trips, or multi-destination trips (great for 2 random one ways to maximize the value out of your Flexperks.  Then click Search Flights at the bottom.

US Bank Search For Flights

The Flexperks online portal is run by Orbitz, in case you were wondering.  The search results are grouped by airline and number of stops.  Click the box that corresponds with the flight you want to book.  As you can see, almost all the flight options shown are at the 20,000 Flexperks level (cost of airfare is $400 and below).

US Bank Flight Search Results Top

Find the outbound flight you want from the list of choices.

US Bank Flight Search Results SFO-LAS

Then find the return flight you want from the list of choices. Hint: avoid clicking on any flight that is not 20,000 FlexPerks (see the big red X?).

US Bank Flight Search Results LAS-SFO

This page shows a preview of your flights as well as the number of Flexperks you will redeem for the itinerary.  It is nice the FlexPerks pays for the whole flight including taxes and fees.

US Bank Flight Chosen Top

US Bank Flight Chosen Bottom

Enter the passenger’s personal information, frequent flyer account info (you can change/enter this info later), and click Continue.

US Bank Enter Passenger Details

Enter the passenger’s contact information and click Continue.

US Bank Enter Passenger Contact Information

Pick your outbound and return seats then click Continue.  If you have elite status with the airline, you may want to wait until after the flight is booked and make your seat selection from the airline’s website.

US Bank Seat Selection

Preview the price of the ticket one last time and click Complete Reservation.

US Bank Review Flight

Your reservation is complete and your Flexperks balance will show your new balance.  Click View Trip Details to view/print your itinerary.

US Bank Flight Purchased

Here is your flight itinerary.  Check your email for an email from FlexPerks.  You will find the reservation number for the airline that can be used to view/change your reservation online.

US Bank Flight Ticket Information

US Bank Flight Ticket Information Bottom

I can find my reservation on United.com just by entering my United Confirmation Number.  From here, you can change your seats, enter your TSA pre Check number, or change your frequent flyer account attached to the reservation.

United Confirmation and Reservation

Back in your US Bank Flexperks account, you can view your Points Summary and remaining Flexperks balance.

US Bank Manage Points

Also, you can transfer Flexperks to anyone with a Flexperks credit card account.  If you need to purchase FlexPerks, you can do so online in 1,000 point increments for $20 each.

US Bank Transfer Points

If you have any questions, please leave a comment below.

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MSing for Hilton HHonors Points (4 Credit Card Comparison) and Reykjavik, Iceland Hotel Options

MSing (not to be confused with PMSing) is one of my specialties.  When I tell people that I have to spend $2,000, $5,000, or $10,000 on credit cards, they look at me funny.  “Wow, that is a lot of money, how are you going to do that?”  I do a quick calculation in my head; 4 stops at CVS, a quick trip to Albertson’s or Ralph’s, 2 visits to Walmart, carry the thousand, “I’ll be done with that later this week.”  I’m sure I’m not the only one who thinks like that.  Since I do not have any real bills to pay (no mortgage, student loans, auto payments, etc.) I would say 95% of my spending is MS, and the other 5% comes from restaurants (I <3 food).

Anyway, enough about me.  My Hilton HHonors account has been dwindling as of late thanks to stays at the Hilton San Francisco Airport and Hilton Vienna in January, the Hilton Copenhagen Airport and the Hilton Seattle Airport in April, the Hilton Los Cabos Resort and the Hilton Portland next month, and my DoubleTree Scottsdale reservation for #westcoastdo in November.  Needless to say, it is time to replenish my stash of Hilton Honors Points.

Over the weekend, I compared the perks and category bonuses of my Citi® Hilton HHonors Reserve Card and my Hilton Honors™ Surpass® Card from American Express.  After I finished analyzing those credit cards, I decided that I would also include the other 2 Hilton HHonors credit cards that have no annual fee.  It is unfortunate that the transfers from Hawaiian Airlines and Virgin Atlantic are no longer 1:2 (they are now 1:1.5).  That was a quick way to get a ton of easy Hilton HHonors Points.

With that said, here is the master chart (please let me know if you spot any mistakes and I will fix them right away).  The yellow boxes represent the information given on the credit card information pages.  The white boxes are inferred values based on the “Everything Else” category.  The red font represent the best deal(s) for each type of transaction.  For example, the best credit card to use for stays at a Hilton property depends on whether the hotel is in the United States or abroad.  Since only the Citi® Hilton HHonors Reserve Card has no foreign transaction (FOREX) fees, that is my go to card for international stays.  If I am staying in the United States, I use the Hilton Honors™ Surpass® Card from American Express.

MS Hilton HHonors Points Comparison Chart

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