Consumer Payment Card News

Cash Rewards VISA

The proliferation of cash reward credit cards continues as U.S. Bank introduces the “U.S. Bank Cash Rewards VISA Credit Card.” The card offers a rebate tiered so customers earn a 0.25% rebate on the first $1,000 spent, 0.50% on the next $1,000, 0.75% on the next $1,000 and a full one percent on the balance. Customers can earn up to $350 in rebates. There are no points to track and the rebate check is sent to the customer automatically. The new card offers an introductory, low-interest rate on all purchases made in the first six months, and there is no annual fee as long as one purchase is made with the card each year. For more information please visit www.usbank.com.

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