NEW YORK & MINNEAPOLIS--(BUSINESS WIRE)--May 24, 2007--U.S. Bank
and Cache Inc. have introduced the Cache Visa card, giving Cache
customers a new reason to value their favorite store.
Cardmembers will receive 1,000 bonus points with their first
purchase, five points for every dollar ($1) spent at Cache, Cache Luxe
or cache.com and one point for every dollar ($1) in net spending where
ever Visa is accepted. Once a cardmember reaches 2,500 points, he or
she will automatically receive a $25 Cache gift card. Cardmembers will
receive quarterly statements where they can track the points that they
have earned or redeemed, along with the balance.
With Cache Visa, cardmembers will enjoy the prestigious exclusive
benefit of being automatically enrolled in the Cache Accents loyalty
program, without the need to meet the $300 threshold that is otherwise
necessary to become a permanent member.
Cache Accents benefits include: a five percent discount on all
purchases, for life; free ground shipping on all online and special
orders; exclusive sale events; advanced notice of special private
events; a preview of new collections via email; coupon offers
exclusively for Accents members and hotline phone alerts about store
The Cache Visa Card and the Cache Accents loyalty program provide
two sets of rewards to the customer at the same time. "With no annual
fee, and the ability to earn points for all of the dollars they
charge, with no cap on the points earned, plus a lifetime five percent
off on any and all Cache purchases, this is a win win for all," said
Phil Morris, chief marketing officer for Cache.
For more information on Cache Visa, visit www.cachevisa.com.
Cache is a nationwide, mall-based, specialty retailer of
sophisticated, social-occasion sportswear and dresses targeting a
woman who has a youthful attitude, is self-confident and
fashion-conscious, and requires a missy fit. Cache has built a
reputation for, and a loyal customer base around, eveningwear that
encompasses both dresses and elegant separates. It operates 294 Cache
and Cache Luxe stores in high-traffic, upscale malls in 44 states, the
Virgin Islands and Puerto Rico. Visit Cache online at www.cache.com.
U.S. Bancorp (NYSE:USB), with $221 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States. The company operates 2,498 banking offices and 4,837
ATMs, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products
to consumers, businesses and institutions. Visit U.S. Bancorp on the
web at www.usbank.com.
Note to Editors: There should be an accent mark over the "e" in
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
Tom Reinckens, 212-575-3246
SOURCE: U.S. Bank