U.S. Bank and Toyota have teamed up to offer the Toyota Rewards
Visa, giving Toyota owners and aficionados a simple new way to earn
points toward service, parts, accessories and vehicle purchases and
leases at Toyota dealerships nationwide.
The card is made available through a unique joint issuance
agreement between the two companies, in which Toyota Financial Savings
Bank serves as the card issuer, and U.S. Bank provides management of
certain components of the program, including marketing support and
The card allows Toyota enthusiasts to earn Toyota Rewards Points
on everyday purchases. Cardholders earn five points for every $1 spent
in a Toyota dealership and one point per $1 spent elsewhere. For each
100 points accumulated, $1 can be redeemed at more than 1,200 Toyota
dealerships in the U.S. for service, parts, accessories or an eligible
vehicle purchase or lease. Also, new cardholders will receive 2,500
bonus points when they make their first purchase using the card.
"We're thrilled to partner with a strong brand like Toyota to
create the Toyota Rewards Visa," said Pat Coll, executive vice
president of U.S. Bank Retail Payment Solutions. "Together, we are
able to provide one of the most generous rewards programs in the auto
industry for Toyota's customers."
For more information about the Toyota Rewards Visa, visit
www.toyotarewardsvisa.com or call 866-614-8845.
U.S. Bancorp (NYSE:USB), with $247 billion in assets, is the
parent company of U.S. Bank, the 6th largest commercial bank in the
United States as of June 30, 2008. The company operates 2,542 banking
offices and 4,895 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.
Source: U.S. Bank