Program Gives Commercial Card Clients a New Choice in Rewards.
MINNEAPOLIS--(BUSINESS WIRE)--Mar. 17, 2014--
U.S. Bank is extending its award-winning FlexPerks® Travel
Rewards program into the business-to-business space with the launch of
FlexPerks Corporate Rewards for commercial card programs. The rewards
program will be offered as an optional add-on for U.S. Bank’s most
popular commercial cards: the U.S. Bank Corporate Travel Card, the U.S.
Bank Executive and Executive Platinum Cards, and the U.S. Bank One Card.
FlexPerks Corporate Rewards offers organizations and their employees a
new way to benefit from spending on cards. Flex points can be pooled at
the corporate level to be redeemed at the organization’s discretion, or
employees can be enabled to earn the points. Cardholders earn one
FlexPoint per $1 spent using the card while enjoying some of the best
redemption values in the marketplace. Air travel rewards start at 20,000
FlexPoints for tickets worth up to $400.
The FlexPerks Corporate Rewards program shares the same currency and
FlexPoint redemption structure as the consumer FlexPerks Travel Rewards
Visa Signature® card, which has been ranked among the top travel rewards
programs by Kiplinger’s Personal Finance and Forbes.
“The addition of FlexPerks to our card portfolio is great news for our
business customers and their employees,” said U.S. Bank Corporate
Payment Systems President Kurt Adams. “Built on our existing program
attributes of service, reliability and universal acceptance, the
addition of the award-winning FlexPerks program solidifies our leading
position in the commercial card space, standing toe-to-toe with any
program in the world.”
The new program gives organizations more options, Adams added: “We offer
clients the flexibility to choose the right mix of financial benefits
for them – whether it be rewards, rebates or a combination. Whatever
their size or industry, we can structure the program to fit their
organization. By delivering flexibility and transparency, U.S. Bank
offers the best value proposition in the market for organizations and
About U.S. Bancorp (www.usbank.com):
Minneapolis-based U.S. Bancorp (“USB”), with $364 billion in assets as
of December 31, 2013, is the parent company of U.S. Bank National
Association, the 5th-largest commercial bank in the United
States. The company operates 3,081 banking offices in 25 states and
4,906 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
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of their respective owners.
Source: U.S. Bank
U.S. Bank Media Relations
Teri Charest, 612-303-0732