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U.S. Bank FlexPerks® Business Edge Travel Rewards Terms and Conditions
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask you for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver’s license or other identifying documents.

We may change APRs, fees, and other Account terms in the future based on your experience with U.S. Bank National Association and its affiliates as provided under the Cardmember Agreement and applicable law.

How We Apply Your Payments:  We apply your payments to balances with lower APRs first.

Disclosure of Credit Card Terms
Interest Rates and Interest Charges U.S. Bank FlexPerks® Business Edge Travel Rewards
Annual Percentage Rate (APR) for Purchases 12.24% to 18.24% based on your creditworthiness when you open your account.
This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers 12.24% to 18.24% based on your creditworthiness when you open your account.
This APR will vary with the market based on the Prime Rate.
APR for Cash Advances 24.24%
This APR will vary with the market based on the Prime Rate.
Penalty APR and When it Applies 28.99%      This APR will vary with the market based on the Prime Rate.
This APR may be applied to your account if you:
1) Make payments 5 calendar days late twice or 30 calendar days late once; or
2) Make a payment that is returned; or
3) If you exceed your Credit Limit 2 times in 12 consecutive months.
How Long Will the Penalty APR Apply? If your APRs are increased for any of these reasons, the Penalty APR will apply until you make 6 consecutive minimum payments when due and do not exceed your Credit Limit during that time period.
How to Avoid Paying Interest on Purchases Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.
Minimum Interest Charge If you are charged interest, the charge will be no less than $2.
Fees U.S. Bank FlexPerks® Business Edge Travel Rewards
Annual Fee1
Annual Membership Fee
$0 for the first year and every year after it will be $55 for Account Owners and $10 for Authorized Employees the first year and every year after it will be $55
Transaction Fees
Balance Transfer
Either 3% of the amount of each transfer or $5 minimum, whichever is greater.
Convenience Check Cash Advance
Either 3% of the amount of each advance or $5 minimum, whichever is greater.
Cash Advance ATM
Either 4% of the amount of each advance or $10 minimum, whichever is greater.
Cash Advance
Either 4% of the amount of each advance or $10 minimum, whichever is greater.
Cash Equivalent Advance
Either 4% of the amount of each advance or $20 minimum, whichever is greater.
Overdraft Protection
Either 3% of the amount of each advance or $10 minimum, whichever is greater.
Foreign Transaction
None
Penalty Fees
Late Payment
$19 on balances up to $100,  $29 on balances from $100 up to $250,  $39 on balances of $250 or more
Returned Payment
Up to $35
Overlimit
Up to $39
How We Will Calculate Your Balance: We use a method called 'average daily balance (including new purchases)'. See this account agreement for more details.
Billing Rights:  Information on your rights to dispute transactions and how to exercise those rights is provided in your Cardmember Agreement.
Loss of Introductory APR: We may end your introductory APR and apply the standard APR or Penalty APR if you make a late payment, make a payment that is returned, or your account exceeds its Credit Limit.
The information about the costs of the card described in this application is accurate as of 08/2016. This information may have changed after this date. To find out what may have changed, call us at 1-800-374-7979 (we accept relay calls) or write to us at P.O. Box 6353, Fargo, ND 58125-6353.
1If $24,000 or more in Net Purchases posts to the Company's U.S. Bank FlexPerks Business Travel Rewards Visa® account within their 12-month annual statement year, all FlexPerks Business Travel Rewards Visa® cardmembers will have their annual fee credited back to their account.
How Variable Interest Rates Are Determined: After the introductory period, your interest rate is a variable rate and is determined by a combination of the Prime Rate (which may vary) added to a margin (which does not change). Because the Prime Rate may vary, your variable interest rate will go up or down if the Prime Rate changes. If you are granted an Account, the following rates on the Account are variable: Non-Introductory Purchase Rate; Non-Introductory Balance Transfer Rate; Cash Advance Rate. More information is available in the Cardmember Agreement. 
Applicant Statement- Business Owner authorizes U.S. Bank National Association (“we”, “us”, or “our”) to obtain a consumer credit report and a business credit report for use in assessing his/her personal creditworthiness in connection with an application by Company, of which Business Owner is an employee, principal, owner, partner, officer, or guarantor, for a U.S. Bank FlexPerks® Business Edge™ Travel Rewards card. We need such consumer reports because Business Owner may have direct, contingent, present, or future liability to us for the Company’s obligation in connection with the Account. All applicants agree that, as long as the Account is open, we may obtain credit reports about the applicants from time to time.  We reserve the right to consider the applicant for a lower line of credit if one was requested.  This application must be signed by a Business Owner with authority to bind the Business to the terms of this Application Agreement.  The Business Owner certifies that the execution, delivery and performance of this Application has been authorized by all necessary corporate action by the Business, and will provide evidence of such action upon request.  If the Business is approved for the U.S. Bank FlexPerks® Business Edge™ Travel Rewards card, the Business Owner requests and directs us to open a U.S. Bank FlexPerks® Business Edge™ Travel Rewards card Account (“Account”) and to issue U.S. Bank FlexPerks® Business Edge™ Travel Rewards cards (“Cards”) to any individual Employees of the Business, including the Business Owner, designated by the Business Owner on this Application or its addendum, or by any process agreed to by us and the Business.  The Business Owner and the Business shall be jointly and severally liable for all charges on the Account.  Each applicant understands and agrees that we may increase or decrease the APR or credit limit assigned to the Account and/or to the Cards within the Account or close the Account at any time based on our credit guidelines, credit report information, Account history, or the financial circumstances of the Cardmember.  At the time the Account is opened, individual Employees, including the Business Owner, will be issued Cards and a U.S. Bank FlexPerks® Business Edge™ Travel Rewards card Cardmember Agreement governing individual use of the Account and individual Employee liability for charges to the Account.  By providing us with a telephone number for a cellular phone or other wireless device, including a number that you later convert to a cellular number, you are expressly consenting to receiving communications—including but not limited to prerecorded or artificial voice message calls, text messages, and calls made by an automatic telephone dialing system—from us and our affiliates and agents at that number. This express consent applies to each such telephone number that you provide to us now or in the future and permits such calls for non-marketing purposes. Calls and messages may incur access fees from your cellular provider.  Use of the Card or the Account will signify acceptance of the terms of the Cardmember Agreement, which may be amended from time to time.  All applicants must be at least 18 years old and agree that Accounts will be used primarily for business purposes, and not personal, family, or household purposes.  Information from this Application may be shared with our affiliates.  Cash access is subject to credit approval.
FlexPerks Business Edge Travel Rewards (Visa)

Program Rules

U.S. Bank FlexPerks® Business Edge™ Travel Rewards
Participation in the U.S. Bank FlexPerks® Business Edge™ Travel Rewards Card Program (the “Program”) is restricted to U.S. residents who are 18 years of age or older (“Cardmember”, “you”, and “your”) and in whose name U.S. Bank National Association (“U.S. Bank”, “we”, “us” and “our”) maintains a FlexPerks Business Edge Travel Rewards  Credit Card Account  (an “Account”). Travel, gift certificates, merchandise and other benefits offered from time to time are the “rewards” you may obtain by redeeming the FlexPoints® you have earned in the Program. Additional terms and conditions for the Program can be found in the Benefits Brochure provided to you in your welcome kit or at flexperks.com. Program administrative services are provided by third party vendors.

Earning FlexPoints
U.S. Bank will credit your U.S. Bank FlexPerks Business Edge Travel Rewards Card Account with FlexPoints as follows. For eligible Net Purchases (purchases minus credits and returns) you will earn one FlexPoint for every $1. FlexPoints will be awarded as long as your Account is open and not 5 days or more past due at the close of your Account billing period. We will not award FlexPoints for Advances, Convenience Checks, Balance Transfers, Interest Charges and Fees, credit insurance charges, or transactions to fund certain prepaid card products. We reserve the right to adjust the number of FlexPoints for purchases or to stop issuing FlexPoints for purchases on the Account, upon notice to you.

Additional FlexPoints may be awarded for purchases at merchants classified as: airlines, office supply stores or gas stations (each, a “Category”). You will earn the additional FlexPoints at a rate of two for every $1 in the one Category in any given billing cycle that has the highest total of eligible Net Purchases charged to your Account (the “Highest Category"). FlexPoints will be awarded at the rate of two for every $1 on eligible Net Purchases during the current month’s billing cycle for any telecommunication services/products merchants. U.S. Bank does not have the ability to control how a merchant chooses to classify their business and reserves the right to determine which purchases qualify for additional FlexPoints.

Additional FlexPoints may be awarded at a rate of three FlexPoints per every $1 in Net Purchases during each billing cycle for any merchant location that classifies itself as a Charitable and Social Service Organization. U.S. Bank does not have the ability to control how a merchant chooses to classify their business and reserves the right to determine which purchases qualify for additional FlexPoints. Bonus FlexPoints will be awarded within 60 days of donation.

"Net Purchases" for a billing period are determined by adding all new purchases recorded to your Account during the billing period and subtracting any credits or other adjustments recorded to your Account during the billing period for returned purchases. If credit for returned purchases exceeds new purchases in any billing period, the excess credits will be carried forward into successive billing periods and subtracted from future new purchases to determine the Net Purchases for those successive periods. U.S. Bank may round Net Purchases up or down to a whole dollar amount for purposes of awarding FlexPoints.

Please allow up to sixty (60) days after a purchase for your FlexPoints, on that purchase, to post to your FlexPoints balance. Your FlexPoint balance can be found at the Rewards Center at usbank.com. Your balance for the calendar year is reflected on your Account statement each month.

FlexPoints cannot be used as payment for obligations owed to U.S. Bank or its affiliates. Exception: Cardmembers can choose to redeem their earned FlexPoints for a statement credit to be applied to their Account by accessing the Rewards Center at usbank.com. The statement credit will reduce the Account balance, but does not count as a payment and thus does not reduce the minimum payment due. There are no refunds, exchanges, replacements or conversions for currency, credit, other FlexPoints or rewards for no-shows or unused portions or rewards. Determination and payment of tax liability is the sole responsibility of the Cardmember.

Points Expiration
FlexPoints will expire at the end of the calendar quarter, at 11:00 p.m. Central Time, that is five (5) years from the date on which they were earned. FlexPoints are redeemed or expire on a first-in, first-out basis, so that the FlexPoints you earned are used first before later earned FlexPoints. All FlexPoint redemptions are final.

Transferring FlexPoints
You may transfer FlexPoints you earned to other qualifying FlexPerks rewards accounts. All FlexPoints transfers are final. In order to transfer FlexPoints, the transferring FlexPerks Rewards Account must be in good standing (not in default, closed, suspended or otherwise not in good standing) at the time of transfer. You may transfer FlexPoints using the Point Transfer tool under the "Manage Points" section of the rewards web site or by calling the Rewards Center at 888-229-8864. The amount of FlexPoints that you may transfer is limited to 20,000 FlexPoints in a calendar year. The amount of FlexPoints that you may accept as a transfer into your rewards Account is limited to 20,000 FlexPoints in a calendar year.  All transfers are final. You may not cancel a transfer request; you may only (if available) initiate a new transfer request back to the original account in order to reverse a transfer request.

Redeeming FlexPoints
Available Travel Rewards, Gift Certificate/Gift Card Rewards, Merchandise Rewards and any other Program Rewards as well as the number of FlexPoints needed to obtain each reward is available to Cardmembers at the Rewards Center at usbank.com or by phone at 888-229-8864. U.S. Bank and/or third party vendors may change or terminate participating merchants, withdraw, limit, modify, or cancel any rewards, add an unlimited number of blackout dates, or increase the number of FlexPoints required for any reward at any time without advance notice, even though such changes may affect the accrual or value of FlexPoints or rewards.

You may redeem FlexPoints for rewards only if the outstanding balance of your Account is below the credit limit and if your Account is open and in good standing. We reserve the right to verify and adjust FlexPoints at any time before or after posting any redemption. Once you or we close your Account for any reason, all accumulated FlexPoints may be forfeited.

For redemptions, information about the current Program Rewards Schedule, inquiries, and updates, Cardmembers may visit the U.S. Bank Rewards Center anytime at usbank.com or call the Rewards Center at 888-229-8864, between 8:00 am and 10:00 pm (Central Time) Monday through Friday and 8:00 am to 5:30 pm (Central Time) Saturday and Sunday.

Travel Rewards
You may redeem FlexPoints to purchase travel rewards. All travel reservations must be booked online through the Rewards Center at usbank.com or by phone at 888-229-8864 (only airline tickets may be booked over the phone).  FlexPoints are considered fully redeemed when a confirmation number is issued and FlexPoints are deducted from your balance. Travel rewards can be issued in any individual’s name, but FlexPoints used for the purchase must be redeemed by an authorized Cardmember on the Account. U.S. Bank and our third party vendor(s) shall not be liable for any bodily and/or property damage that may result from your use of travel rewards, or the performance by the travel providers (e.g., airlines, hotels, etc.).

Your redemption for travel rewards constitutes your agreement to the terms and conditions of our third party vendor(s). If you book travel through the Rewards Center at usbank.com, please refer to additional terms and conditions provided in the online redemption process. If you book travel by phone, a $25 Travel Advisor Consultation fee will be charged per airline ticket, and please refer to additional terms and conditions provided on your travel itinerary.

Airlines may impose additional fees that are not included in your award ticket, including but not limited to fees for seating, luggage and changing your ticket.

$25 Airline Allowance
Cardmembers redeeming FlexPoints for Award Travel (a ticket paid using FlexPoints) are eligible to receive the airline allowance credit up to $25 per each award ticket. Qualifying Purchases must be made using a FlexPerks Reserve, FlexPerks Travel Rewards or FlexPerks Business Travel card on the Award Travel dates. Qualifying Purchases must be through the airline carrier which is inclusive of a checked baggage fee, on-board food or beverage purchases and airline lounge memberships. U.S. Bank does not have the ability to control how a merchant chooses to classify their business and reserves the right to determine which purchases qualify for the allowance. You may redeem allowance for Qualified Purchases only if the outstanding balance of your account is below its revolve limit and if your account is open and in good standing under the terms of your Cardmember Agreement. Once you or we close your account for any reason, your allowance may be forfeited.

Example: If points are used to redeem for two airline award tickets on a FlexPerks Travel account, the Cardmember may earn the amount of two airline allowances (up to $50 in airline allowance credit).

Cardmember is required to contact Cardmember Service within 90 days after travel to request the airline allowance which is credited to the FlexPerks account and will appear on the statement within 4-6 weeks (or a notification regarding a decline will be sent). The airline allowance is only eligible for FlexPerks Reserve, FlexPerks Travel Rewards Cards and FlexPerks Business Travel Card products.

NetJets® Redemption Process
Redeem FlexPoints for Flight Hours - Cardmembers may use their FlexPoints to purchase flight hours on the NetJets fleet in one hour increments (two-hour minimum for non-NetJets owners).

NetJets Reward Detail
Actual flight time calculations include 6 minutes for taxi time on takeoff and landing for each leg for a total of 12 minutes per flight. All flight hours are subject to a fuel surcharge, which is the responsibility of the Cardmember and must be paid directly to NetJets.

Qualifying Cardmembers are required to call the Rewards Center’s toll free number at 888-229-8864 to arrange for FlexPoints redemptions, after which the Cardmember will be transferred to NetJets to complete the redemption. Once completed, all booking arrangements and flight-related matters should be made with NetJets directly - U.S. Bank is responsible solely for making FlexPoint redemptions.

All redemptions of FlexPoints for NetJets flight hours and the usage thereof, are subject to definitive agreement with NetJets. At the time of redemption, if the Cardmember needs a larger leasehold interest to accommodate his/her chosen flight itinerary, he/she is permitted to acquire additional flight hours in one hour increments in accordance with above at the published FlexPoints cost. Such additional time will become part of the Cardmember’s assigned leasehold interest. The requirements listed apply equally to all Cardmembers, including Cardmembers already owning a NetJets product. The Cardmember is required to provide NetJets with his/her qualifying Account information to be used in case of additional costs incurred with flight redemption. Cardmembers acknowledge and agree that such additional costs they incur are charged to their qualifying Account. The Cardmember is responsible for various miscellaneous charges as set forth in the NetJets agreements (e.g. Fuel surcharges, international fees, taxes, excess catering, etc.). Additional restrictions apply on NetJets Peak Period and Blackout Days. FlexPoints redeemed to NetJets may not be returned or refunded once redeemed. Additional terms and restrictions apply.

All fractional aircraft offered by NetJets® in the United States are managed and operated by NetJets Aviation, Inc. Executive Jet® Management, Inc. provides management services for customers with aircraft that are not fractionally owned, and provides charter air transportation services using select aircraft from its managed fleet. Both of these operating companies are wholly owned subsidiaries of NetJets Inc. All fractional aircraft offered by NetJets Europe are operated, maintained, and crewed by NetJets Transportes Aéreos, SA, a Portuguese/EU air carrier. NetJets has an affiliation with the provider of the NetJets Middle East Program. Marquis Jet® Partners, Inc. is a wholly owned subsidiary of NetJets Inc. and sells the Marquis Jet Card®. Marquis Jet Card flights are operated by NetJets Aviation under its 14 CFR Part 135 Air Carrier Certificate. NetJets, Executive Jet, Marquis Jet, and Marquis Jet Card are registered service marks.

Merchandise Rewards
You may redeem FlexPoints earned in the Program for merchandise available through participating merchants under the then-current Program Rewards offering located at the Rewards Center at usbank.com. FlexPoints for merchandise are redeemed and deducted from the FlexPoints balance when merchandise is requested by a Cardmember.  You may not use cash or anything other than FlexPoints earned with your Account to acquire merchandise through the Program. U.S. Bank and our third party vendor(s) shall not be liable for any bodily and/or property damage that may result from the use of any merchandise acquired through the Program.

Your redemption for merchandise constitutes your agreement to the following terms and conditions of our third party vendor(s) (such terms and conditions are in addition to any terms and conditions of participating merchants) – please review:
Merchandise merchants are in no way affiliated with U.S. Bank, nor are merchandise merchants considered sponsors or co-sponsors of this Program. Use of merchandise merchant names and/or logos are by permission of each respective merchandise merchant and all trademarks are the property of their respective owners. Returns are only accepted for merchandise that is damaged, defective or mis-shipped and reported within 90 days of the receive date. Manufacturer warranties, if any and if applicable, cover merchandise offered in the Program. Redemption for merchandise is not available where prohibited by law. Merchandise redeemed may be shipped within the 48 contiguous United States only, unless noted otherwise. Only standard shipping is available; no express delivery. Ship-to address must be a street address; APO/FPO/PO Box addresses are not accepted.

Gift Certificate and Gift Card
You may redeem FlexPoints earned in the Program for gift cards or gift certificates available under the then-current Program Rewards offering located at the Rewards Center at usbank.com. FlexPoints for gift cards/gift certificates are redeemed and deducted from the FlexPoints balance when gift cards/gift certificates are requested by a Cardmember. You may not use cash or anything other than FlexPoints earned with your Account to acquire gift cards/gift certificates through the Program. U.S. Bank and our third party vendor(s) shall not be liable for any bodily and/or property damage that may result from your use of gift card/gift certificate acquired through the Program.

Your redemption for gift cards/gift certificates constitutes your agreement to the following terms and conditions of our third party vendor(s) (such terms and conditions are in addition to any terms and conditions appearing on or with the gift cards/gift certificates) – please review:

Gift card/gift certificate merchants are in no way affiliated with U.S. Bank, nor are gift card/gift certificate merchants considered sponsors or co-sponsors of this Program. Use of gift card/gift certificate merchant names and/or logos are by permission of each respective gift card/gift certificate merchants and all trademarks are the property of their respective owners. Additional terms and conditions of gift card/gift certificate merchants apply to gift cards/gift certificates, and such terms and conditions are subject to change at gift card/gift certificate merchant's sole discretion, if permitted by law. Please see the gift card/gift certificate merchant’s gift card/certificate/website and the physical gift card/gift certificate for such additional terms and conditions. Gift cards/gift certificates can only be shipped within the 50 United States and U.S. territories. Gift cards/gift certificates will not be personalized and are transferable and may be redeemed by any person. Gift cards/gift certificates must be presented to participating gift card/gift certificate merchant for use. A gift card/gift certificate may only be used once. Mechanical reproductions, copies or facsimiles of gift cards/gift certificates will not be accepted. Gift cards/gift certificates are not exchangeable, refundable or redeemable for cash and cannot be replaced if lost or stolen. There are no refunds, exchanges, replacements or conversions for currency, credit, other points or rewards for no-shows or unused portions of gift cards/gift certificates. Lost, stolen, destroyed or expired gift cards/gift certificates will not be reissued or replaced. Reasonable efforts will be made to ensure that the gift certificate/gift card delivered in a timely manner. U.S. Bank, third party vendor(s) and gift card/gift certificate merchants are not responsible for gift cards/gift certificates or correspondence lost or delayed due to U.S. Mail delivery.

Cash Back as a Statement Credit or Account Deposit (Choose Your Own Rewards)
You can choose your own reward and convert FlexPoints as a cash value for redemption to a checking or savings deposit account or as a statement credit to your Account. FlexPoints for cash back redemptions are deducted from the FlexPoints balance when the cash back redemption is requested by a Cardmember.  Minimum FlexPoint levels apply.

Statement credits are issued via a credit to your Account by accessing the Rewards Center at usbank.com. A credit will be applied to your Account within 6-8 weeks. Points redeemed for a statement credit will reduce the account balance, but will not count toward your minimum payment due.

Account deposit redemptions may be issued via an electronic ACH deposit only to your U.S. Bank checking or savings accounts by accessing the Rewards Center at usbank.com. Account deposit redemptions may not be deposited to an international account. Redemptions to a U.S. Bank checking or savings account will be applied within 7 business days of your redemption request.

You must enter an accurate routing number and account number for your cashback redemption to be processed correctly. Routing numbers entered for a cash back redemption are checked against the routing number directory maintained by the Federal Reserve. If you have entered your routing number correctly and it is not accepted by the Rewards Center, please contact your financial institution to verify the number. If your routing number still is not accepted, please call the Rewards Center at 888-229-8864. U.S. Bank is not responsible for incorrectly entered banking information.

Real-Time Rewards
With Real-Time Rewards, you may instantly redeem FlexPoints for your credit card purchases via text messaging. The FlexPoints redemption comes in the form of a credit to your monthly billing statement. FlexPoints will be deducted from your FlexPoints balance and a credit for the purchase amount will be applied to your Account billing statement. For transactions which include a gratuity, fees, or estimated taxes, the statement credit may not equal your final purchase amount. Auto bill pay transactions will be part of Real-Time Rewards text messages if the purchase falls within your preference selections. Real-Time Rewards text messages are available only for transactions with U.S. merchants. You may sign up for Real-Time Rewards using your 10-digit U.S. mobile number. Only one mobile number may be used per credit card account. After you complete a brief enrollment profile, you need to confirm your enrollment within 24 hours by replying ‘YES’ to a confirmation message that Real-Time Rewards will send you. If any changes are made to your Account that will affect the card number, account ownership or your rewards program, you will need to re-enroll in Real-Time Rewards. Message and data rates may apply. The short code REDEEM (733336) is used by Real-Time Rewards to send redemption requests. Message frequency is based upon the preferences you select and the purchases you make on your Account. Text ‘HELP’ to REDEEM (733336) for Help. Text ‘STOP’ to REDEEM (733336) to cancel your participation in Real-Time Rewards. All cancellations completed via text message will remove that mobile number from all accounts registered for Real-Time Rewards. For inquiries, to sign up to receive text alerts, to update your preferences or to cancel your enrollment, please visit the Rewards Center online or contact a Rewards Service Advisor at 888-229-8864.

You will not receive Real-Time Rewards text messages until you confirm your enrollment and preferences. You will receive a Real-Time Rewards request text message if your credit card purchase falls within the criteria you have set up in your Real-Time Rewards preferences. Merchants who accept Visa cards are assigned a merchant code based on the kinds of products and services they sell. U.S. Bank does not control how purchases are processed by merchants or the merchant codes they use; therefore, U.S. Bank cannot guarantee that a specific transaction will qualify. Your Account must remain in good standing in order to redeem. You may redeem by replying ‘REDEEM’ within 24 hours of when the message was sent. You may only redeem the most recent Real-Time Rewards text message. Upon confirmation of a redemption request, FlexPoints will be deducted from your FlexPoints balance immediately, and a credit to your statement will be processed within three business days and will appear on your next billing statement. The Account statement credit for a Real-Time Rewards redemption will reduce the Account balance, but will not count toward the minimum payment due. All redemptions are final. If you return the item or service that you redeemed FlexPoints for to the merchant, the FlexPoints will not be reinstated, but you will receive a credit to your credit card account.

Purchasing FlexPoints
You can purchase additional FlexPoints to use for redeeming for rewards. Each FlexPoint is priced at $.03, a minimum number of 3,000 FlexPoints per purchase is required and FlexPoints must be purchased in increments of 1,000. The maximum number of FlexPoints you may purchase in a calendar year is 60,000. Purchased FlexPoints are available immediately. You do not earn additional FlexPoints for purchasing FlexPoints. All FlexPoint purchase transactions are final and FlexPoints cannot be returned. Your Account must be in good standing to purchase FlexPoints.  U.S. Bank reserves the right to change the price that is charged per point.

U.S. Bank Visa Rewards Cards
FlexPoints for U.S. Bank Visa Rewards Cards (“Rewards Cards”) are redeemed when a Rewards Card is requested by Cardmembers. At the time of the Rewards Card redemption, your FlexPoints balance will be reduced by the number of FlexPoints used to obtain the reward(s). U.S. Bank will use its best reasonable efforts to issue a Rewards Card within 7-10 business days of your request. Rewards Cards lost in mail will be replaced at no cost to the Cardmember if correct address information is provided at the time of redemption. Once received, Rewards Cards can be replaced if lost or stolen if the Rewards Card number is available.

Rewards Cards are mailed only to the Cardmember’s billing address. Rewards Cards will be personalized with the Cardmember’s name and cannot be exchanged or refunded. Rewards Cards can be used at any merchant that accepts Visa debit cards.

The U.S. Bank Visa Rewards Cards cannot be reloaded with additional funds, nor can it be used at an ATM. Terms and conditions apply and other fees may apply to Rewards Cards. For complete terms and conditions, see the “U.S. Bank Rewards Card Cardholder Agreement” available at www.myusbankcorporaterewards.com.

Limitations of Liability
In addition to other disclaimers set forth in these Program Rules, third party vendors and U.S. Bank make no guarantees, warranties or representations of any kind, expressed or implied, with respect to the goods or services offered by any participating merchant; and shall not be liable for any loss, expense, accident, injury or inconvenience that may arise in the connection with the use of such rewards; or as a result of any defect in or failure of such rewards. Third party vendors and U.S. Bank specifically disclaim any defect in or failure of such rewards. Third party vendors and U.S. Bank specifically disclaim any implied warranties of merchantability or fitness for a particular purpose.

 

The creditor and issuer of these cards is U.S. Bank National Association, pursuant to separate licenses from Visa U.S.A. Inc. and American Express. American Express is a federally registered service mark of American Express.
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