Details
Written by: RJ
Flex has opened a waitlist for the new Flex Elite card. This will be a personal card on the Visa Infinite network. In the past Flex has offered private banking services on the business side.
- Annual fee: $0
- Multipliers
- 3x Base
- 4x with deposit balance of 250k
- 5x with deposit balance of $1M
- Visa Infinte
- Access to Flex Travel portal
Purchases excluded from earning points
- Cash transactions, ATM withdrawals, and cash advances
- Interest charges and fees of any kind charged to the account
- Fraud or fraudulent/unauthorized charges
- Balance transfers
- Person-to-person transactions
- Casino gaming, lottery tickets, sports-book/sports betting, and similar betting
transactions - Currency orders, wire transfers, and similar money orders or transactions
- Any checks that access the account
- Purchases of prepaid cards and cash equivalents
- Disputed transactions or transactions subject to chargebacks
- Business transactions
The additional 4x & 5x is earned on purchases up to your credit limit each month, if you cycle your limit within a month then those purchases above your credit limit earn 3x.
First reported by DoC
Thoughts
Personal banking is listed as coming soon. Not sure what APY one can expect.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.