MINNEAPOLIS, Nov 20, 2002 (BUSINESS WIRE) -- More than 600,000 U.S. Bank
customers are seeing a cash benefit from using their U.S. Bank Visa Check Card
as U.S. Bank issues rebates from its exclusive Checking That Pays program this
To celebrate the program, U.S. Bank is recognizing top rebate customers with
activities led by local market presidents in branch offices across the country.
Branches will be decorated and branch employees will remind customers who are
not in the program to start building next year's rebate by signing-up for
Checking That Pays.
"People are genuinely excited about Checking That Pays, and why not? We're
essentially giving our customers something for nothing," said Patricia Wesner,
executive vice president of U.S. Bank Retail Payment Solutions. "The program is
free, and customers earn the rebate for doing things they do every day anyway,
like buying groceries or paying for gas with their U.S. Bank Check Card."
U.S. Bank Checking That Pays gives customers a cash rebate of up to one percent
of the purchases made using their U.S. Bank Check Card. It's a welcome bonus at
a time when many people begin their holiday shopping.
"We've seen a tremendous adoption of the U.S. Bank Check Card and Checking That
Pays in the last six months as it has become available to more people," Wesner
said. "We expect even more to sign-on as friends and family talk about their
rebate over the holidays."
U.S. Bancorp, with assets in excess of $174 billion, is the 8th largest
financial services holding company in the United States. The company operates
2,133 banking offices and 4,680 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 is home of the
Five Star Service Guarantee which assures customers of certain key banking
benefits and services or customers will be paid for their inconvenience. U.S.
Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at
CONTACT: U.S. Bank
Teri Charest, 612/303-0732
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SOURCE: U.S. Bank