MINNEAPOLIS--(BUSINESS WIRE)--Oct. 2, 2006--U.S. Bank has
collaborated with Northwest Airlines to offer a new suite of exclusive
benefits that allow WorldPerks Visa card members greater flexibility
in using their WorldPerks miles, as well as adding other product
benefits not previously available with the cards.
The cards, which are available as a Visa Signature, Platinum or
Business, will now allow card members to redeem up to two award
tickets a year for as little as 19,000 miles each. These 6,000-mile
per ticket discounts are valid any day on any domestic PerkSaver or
PerkPass award seat. WorldPerks Visa Signature card members will also
have the ability to redeem 10,000 WorldPerks miles for a $100 off
travel on Northwest Airlines.
WorldPerks Visa Signature and Business card members will also
receive a free day on a three-day weekend rental from National Car
Rental for any vehicle up to full size, and all WorldPerks Visa card
members will receive complimentary membership in National's Emerald
Club program. Additionally, Signature and Business card members will
receive free membership in the Hideaways Aficionado Club, which offers
discounts and VIP perks at the world's most alluring hotels, resorts
and cruise lines. WorldPerks Signature and Business card members will
continue to benefit from a personal concierge service, available
24-hours-a-day, for travel, dining reservations, gift arrangements,
and home and business services.
WorldPerks Visa cardholders will also receive a $300 Northwest
Airlines travel certificate for any new or refinanced home mortgage
from U.S. Bank.
"U.S. Bank and Northwest Airlines have had a long partnership that
is respected and admired in the industry for our ability to innovate
and provide customers with added value for the commitment they make in
choosing the WorldPerks Visa card," said Rob Morris, senior vice
president of U.S. Bank Retail Payment Solutions.
The new benefits begin in October 2006 and will be available to
current and new card members. Current card members will receive a
packet in the mail that resembles a Northwest Airlines ticket jacket,
complete with ticket-like vouchers describing the new benefits and
terms. The design on the cards has also been updated with the
introduction of the new benefits. The new card will replace old cards
as they expire. For more information, visit www.worldperksvisa.com or
U.S. Bancorp (NYSE:USB), with assets of $213 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,434 banking offices and 4,966 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 the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bank Media Relations
Steve Dale, 612-303-0784
SOURCE: U.S. Bank