MINNEAPOLIS--(BUSINESS WIRE)--Apr. 17, 2009--
U.S. Bank recently issued its 30 millionth gift card, reinforcing its
place as the top Visa® gift card issuer and a leader in prepaid cards
across the United States.
"As a national leader and innovator in prepaid cards, this is an
exciting milestone for U.S. Bank,” said Ralph Bianco, senior vice
president and head of U.S. Bank's prepaid cards program. “It shows that
gift cards continue to be very popular with consumers for safe and
convenient gift giving in lieu of cash or checks.”
There are several major spikes in gift card sales that tend to come in
spring and summer around graduation and Father's Day ("dads and grads"),
and around the December holiday season. Customers can purchase U.S. Bank
Visa Gift Cards at any branch location, or online at www.usbank.com.
U.S. Bank issued gift cards are also available at many of the nation's
U.S. Bank is the nation’s number one issuer of Visa prepaid cards. The
company provides prepaid solutions for teens with the U.S. Bank Visa
Buxx® Card, for travelers with the U.S. Bank Visa TravelMoney® Card, for
gift-givers with the U.S. Bank Visa Gift Card, and for businesses and
government with the U.S. Bank AccelaPay® Visa Card and the U.S. Bank
ReliaCard® Visa. Funds are easy to access while safely stored in a card
account. For more information, visit www.usbank.com/prepaid.
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 www.usbank.com.
Source: U.S. Bank
U.S. Bank Media Relations
Teri Charest, 612-303-0732