US Bank FlexPerks® Select+ American Express® Card Review

US Bank FlexPerks® Select+ American Express® Card is a rewards credit card issued by US Bank. If you're wondering whether US Bank FlexPerks® Select+ American Express® Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 9 months , which is shorter than the average 0% APR period of 12 months.
• Signup bonus. Offers a signup bonus of 10000 points after spending $1,000 within 4 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. US Bank FlexPerks® Select+ American Express® Card has a variable purchase APR that ranges from 15.74% up to 25.74%.
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. US Bank FlexPerks® Select+ American Express® Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Accepts cosigners. US Bank is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, purchase protection, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 680.

US Bank FlexPerks® Select+ American Express® Card Pros and Cons:

The Good

The Bad

Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 9 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Travel assistance insurance Cardholders can earn rewards on every purchase. Earn rewards on every purchase. US Bank FlexPerks® Select+ American Express® Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Requires good to excellent credit. Charges a foreign transaction fee of 3%. Charges a 3% balance transfer fee.

Is there a US Bank FlexPerks® Select+ American Express® Card cash back or rewards program?

US Bank FlexPerks® Select+ American Express® Card offers a rewards program to its customers.

US Bank FlexPerks® Select+ American Express® Card Rewards

Rewards rate (all purchases)	1%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	10000
Signup Bonus Spend Requirement	$1000
Signup Bonus Spend Period (months)	4 months

What are the US Bank FlexPerks® Select+ American Express® Card benefits?

US Bank FlexPerks® Select+ American Express® Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for US Bank FlexPerks® Select+ American Express® Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. US Bank FlexPerks® Select+ American Express® Card has lower than average purchase APRs.

US Bank FlexPerks® Select+ American Express® Card has a variable purchase APR that ranges from 15.74% up to 25.74%. The card has a variable balance transfer APR that ranges from 15.74% up to 25.74%. It also has a variable cash advance APR of 25.74% .

What are the fees for US Bank FlexPerks® Select+ American Express® Card?

The following fees apply to US Bank FlexPerks® Select+ American Express® Card:

US Bank FlexPerks® Select+ American Express® Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $35
Late Payment Fee	up to $39

Does US Bank FlexPerks® Select+ American Express® Card report your account activity to credit bureaus?

US Bank FlexPerks® Select+ American Express® Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for US Bank FlexPerks® Select+ American Express® Card

• Visit the US Bank FlexPerks® Select+ American Express® Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.