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Carlson Rezidor Hotel Group and U.S. Bank Launch the New Club Carlson Premier Rewards Visa Signature® Card as an Even Faster Way to a Free Night Stay
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Cardmembers Receive Bonus Award Nights When Gold Points® are Redeemed for Two or More Consecutive Award Nights, the Last Night is Free

MINNEAPOLIS (Dec 3, 2012) - Carlson Rezidor Hotel Group, one of the world's largest and most dynamic hotel groups, and U.S. Bank, the fifth-largest commercial bank in the United States, have partnered to launch the Club Carlson Premier Rewards Visa Signature Card (clubcarlsonvisa.com) to provide an even faster way to earn a free night stay at over 1,000 participating Carlson Rezidor hotels worldwide.  It is one in a suite of consumer and business cards that are available through the strategic partnership.

"The launch of this card is a significant step forward in the expansion of our Club Carlson loyalty program which has seen outstanding growth as one of the most rewarding loyalty programs in the industry," said Thorsten Kirschke, president, Carlson Rezidor Hotel Group, Americas.

The Club Carlson Premier Rewards Visa Signature Card enables U.S. members of the Club Carlson program to earn Gold Points faster. These cardmembers can earn an additional 10 points per dollar at Carlson Rezidor hotels and five points per dollar spent on the credit card everywhere else.  Award nights start at just 9,000 Gold Points and now with Bonus Award Nights, the last night is free when Gold Points are redeemed for a minimum of two consecutive award nights, an exclusive benefit to all Club Carlson Visa cardmembers.

"The Club Carlson Premier Rewards Visa Signature Card was created specifically to reflect the innovative spirit of Carlson Rezidor hotels," said John Owens, Senior Vice President for U.S. Bank Retail Payment Solutions. "U.S. Bank and Carlson have had a business relationship for more than 60 years. This new rewards card program is a striking accomplishment that reflects the commitment of both organizations to creativity, collaboration and innovation."

Not only will cardmembers earn Gold Points at an accelerated rate, the card program will offer a range of benefits available exclusively to cardmembers, making it noticeably different and sure to attract and retain loyal Club Carlson members.

Some of the key benefits of the Club Carlson Premier Rewards Visa Signature Card include:

  • Bonus Award Nights - when Gold Points are redeemed for two or more consecutive award nights, the last night is free - exclusively for cardmembers!
  • 10 points per dollar on eligible purchases at participating Carlson Rezidor hotels worldwide and 5 points per dollar everywhere else Visa is accepted
  • Enjoy up to 85,000 Bonus Gold Points to start. Receive 50,000 Gold Points after your first purchase, plus 35,000 points after you spend $2,500 on your card within the first 90 days.
  • 40,000 bonus points each year when card is renewed
  • Automatic Gold Elite Status once card is used. Existing Gold Elite members receive 15 qualifying nights toward Concierge Elite Status

As part of the Club Carlson global hotel rewards program, members can redeem points for free nights at more than 1,000 Carlson Rezidor hotels worldwide. Standard Award Nights range from 9,000 to 50,000 points with no blackout dates. Or they can choose from a collection of other first-class redemption opportunities, including the ability to exchange points for airline miles with more than 20 airlines. Please visit clubcarlson.com for more details.

Guests can apply for the Club Carlson Visa cards and learn more at clubcarlsonvisa.com

About Carlson Rezidor Hotel Group
Carlson Rezidor Hotel Group - born in early 2012 - is one of the world's largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 81 countries and territories and a powerful set of global brands (Radisson Blu, Radisson®, Park Plaza®, Park Inn by Radisson, Country Inns & Suites By CarlsonSM and Hotel Missoni). In most of the group's hotels, guests can benefit from the loyalty program Club CarlsonSM, one of the most rewarding loyalty programs in the world. Carlson Rezidor Hotel Group and its brands employ more than 80,000 people.

About Club CarlsonSM
Club Carlson is the global hotel rewards program from Carlson Rezidor Hotel Group, part of leading hospitality and travel company, Carlson. Club Carlson provides its members a faster way to a free night stay with free nights starting at only 9,000 points with no blackout dates on standard rooms. In addition to redeeming points for award nights at any of Carlson Rezidor's more than 1,000 hotels worldwide, Club Carlson members can redeem points for vacation credits with CWT Vacations, as well as gift cards through more than 20 retail and restaurant partners. Club Carlson introduced a Concierge Elite tier in early 2011 offering members complimentary room upgrades, continental breakfast, and early check-in and late check-out, among other benefits.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $352 billion in assets as of Sept. 30, 2012, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company operates 3,086 banking offices in 25 states and 5,080 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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