Credit Card Rebates 

U.S. Bank will upgrade current WorldPerks Visa cardholders to new FlexPerks products beginning in May. When the cardholder's new FlexPerks card arrives it will have the same credit card number, so no application is required and automatic bill payments should continue uninterrupted. Cardholders will receive a letter with specific details of their transition to FlexPerks.

FlexPerks Travel Rewards cardholders will earn one FlexPoint for each dollar spent on their new card. Customers will automatically earn double FlexPoints for what they spend on gas, groceries or airline purchases - whichever is highest for the customer during the month. In addition, double points are earned on most cell phone related charges. Cardholders can redeem as few as 20,000 FlexPoints for airline tickets on more than 150 airlines, including Northwest and Delta Air Lines. Each redeemed award ticket will also feature a credit allowance of up to $20 for possible baggage fees or in-flight food or beverages. FlexPerks cardholders also have the choice to redeem FlexPoints for gift cards, merchandise, travel certificates or statement credits. Debit card products will transition to FlexPerks this summer, enabling cardholders to combine their FlexPoint earnings from both credit and debit card purchases. Cardholders will continue to enjoy the universal acceptance that is available to Visa card customers.

"U.S. Bank FlexPerks Visa is designed to upgrade our valued WorldPerks Visa customers to what we truly believe will be the most valuable travel rewards card in the marketplace," said Cliff Cook, chief marketing officer in U.S. Bank Retail Payment Solutions. "We had the perfect opportunity to confirm what was most important to our travel-minded customers and designed a new card program that gives travelers even more of what they seek: flexibility and value."

Source: U.S. Bank

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