MINNEAPOLIS--(BUSINESS WIRE)--Apr. 10, 2009--
U.S. Bank customers familiar with earning miles on Northwest Airlines by
using their WorldPerks Visa cards will have the flexibility to earn
points toward free flights on over 150 airlines with no blackout dates
or award ticket redemption fees with new U.S. Bank FlexPerks Travel
Rewards Visa cards.
U.S. Bank will upgrade current WorldPerks Visa cardholders to new
FlexPerks products beginning in May. When the cardholder’s new FlexPerks
card arrives it will have the same credit card number, so no application
is required and automatic bill payments should continue uninterrupted.
Cardholders will receive a letter with specific details of their
transition to FlexPerks.
FlexPerks Travel Rewards cardholders will earn one FlexPoint for each
dollar spent on their new card. Customers will automatically earn double
FlexPoints for what they spend on gas, groceries or airline purchases -
whichever is highest for the customer during the month. In addition,
double points are earned on most cell phone related charges. Cardholders
can redeem as few as 20,000 FlexPoints for airline tickets on more than
150 airlines, including Northwest and Delta Air Lines. Each redeemed
award ticket will also feature a credit allowance of up to $20 for
possible baggage fees or in-flight food or beverages. FlexPerks
cardholders also have the choice to redeem FlexPoints for gift cards,
merchandise, travel certificates or statement credits. Debit card
products will transition to FlexPerks this summer, enabling cardholders
to combine their FlexPoint earnings from both credit and debit card
purchases. Cardholders will continue to enjoy the universal acceptance
that is available to Visa card customers.
“U.S. Bank FlexPerks Visa is designed to upgrade our valued WorldPerks
Visa customers to what we truly believe will be the most valuable travel
rewards card in the marketplace,” said Cliff Cook, chief marketing
officer in U.S. Bank Retail Payment Solutions. “We had the perfect
opportunity to confirm what was most important to our travel-minded
customers and designed a new card program that gives travelers even more
of what they seek: flexibility and value.”
To learn more visit usbank.com/flexperks.
U.S. Bancorp (NYSE: USB), with $266 billion in assets, is the parent
company of U.S. Bank, the 6th largest commercial bank in the United
States. The company operates 2,791 banking offices and 5,164 ATMs in 24
states, 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 usbank.com.
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Source: U.S. Bank
U.S. Bank Media Relations
Teri Charest, 612-303-0732