Today U.S. bank launched two new credit cards—a straight 1.5% cashback credit card and a FlexPerks points earning credit card that comes with a 30,000 point sign-up bonus.

Earlier this month there were rumors (both here and here) of these two cards coming out June 20th and now the cards are available on U.S. Bank’s website.

U.S. Bank FlexPerks® Gold American Express® Card

The new U.S. Bank FlexPerks® Gold American Express® Card is currently offering a 30,000 FlexPoint sign-up bonus (worth $600 in value).

Per dollar spent the card earns 3 points at restaurants, 2 points on flights and gas stations, and 1 point on everything else.

U.S. Bank FlexPerks® Gold American Express® Card-01

The card will also offers some great travel perks including a $25 airline credit with every award ticket, $100 credit for Global Entry, and National Car Rental Emerald Club status which gives you one free card rental per year!

Card Details

  • Sign-up bonus: 30,000 FlexPoint – worth $600 value.
  • Earn 3X Flexpoints per $1 spent on restaurants.
  • Earn 2X FlexPoints per $1 spent on flights and gas stations.
  • Earn 1X FlexPoint per $1 spent on all purchases.
  • $25 airline credit with every award travel ticket good towards baggage fees, in-flight food and more.
  • Automatic National Car Rental Emerald Club status – 25% off National car rentals, 1 free car rental day per year.
  • TSA PreCheck ($85) or Global Entry ($100) automatic statement credit reimbursement for whichever program you apply for first.
  • No foreign transaction fees
  • Annual fee: $85, now waived the first year.

Link: U.S. Bank FlexPerks® Gold American Express® Card

You can read a full analysis of the card here.

U.S. Bank Cash 365™ American Express®

U.S. Bank also released the U.S. Bank Cash 365™ American Express® which is a straight 1.5% cashback card. The card does not have an annual fee and offers 1.5% cash back on all purchases.

The card is offering a $100 sign-up bonus in the form of a cash back rewards balance.

U.S. Bank Cash 365™ American Express® Card-01

Card Details

  • Sign-up bonus:$100 in the form of a cash back rewards balance.
  • 1.5% cash back on all purchases
  • Rewards never expire
  • Redeem for any amount
  • Annual fee: $0

Link: U.S. Bank Cash 365™ American Express®

You can read a full analysis of the card here.

The Bottom Line

It’s always interesting to see new credit card products come out and these two new U.S. bank cards could be a good card option for earning straight cash back or FlexPerks.

The new U.S. Bank FlexPerks® Gold American Express® Card is offering a great sign-up bonus of 30,000 FlexPerks that is worth $600. The card also comes with some amazing travel perks which can easily offset the $85 annual fee. You’ll get $25 in airline credit every time you book an award ticket, $100 in credit for covering the cost of Global Entry, plus automatic National Car Rental Emerald Club status.

The card comes with a rewards earning structure of 3X points at restaurants and 2X on flights and gas, which could be extremely valuable for big spenders in these bonus categories.

The new U.S. Bank Cash 365™ American Express® is a no annual fee card which will earn you a straight 1.5% cash back on all purchases. Ultimately the card is less exciting but it offers a decent return if you want a no annual fee credit card.

Platinum Delta SkyMiles® Credit Card from American Express


Bonus: 35,000 miles + 5,000 MQMs after spending $1,000 in the first 3 months. Plus, get a $100 statement credit after you make a Delta purchase on your Card within the first 3 months.

Benefits:
-- 2X miles per dollar spent on Delta purchases
-- 1X miles per dollar spent on everything else.
-- Free first checked bag.
-- Priority boarding.
-- Earn 10,000 MQMs + 10,000 miles when you spend $25,000 in a calendar year.
-- 20% discount on in-flight purchases.
-- No foreign transaction fees.

Annual fee: $195

Quick review: This is a great card if you travel on Delta frequently and want to maximize your mile and status earning. Plus, if you are a big spender and put $25,000 of purchases on your card in a calendar year you will earn 10,000 MQMs and 10,000 bonus miles. If you spend $50,000 you'll earn another 10,000 MQMs and 10,000 bonus miles.