Participation in the U.S. Bank Perks+ Visa® Signature Rewards Program (“Program”) is restricted to U.S. residents who are 18 or more years old (“Cardmember”, “you”, and “your”) in whose name U.S. Bank National Association (“U.S. Bank”, “we”, “us” and “our”) maintains a Perks+ Visa Signature Credit Card Account (an “Account”). Travel, merchandise and other benefits offered from time to time are the “rewards” you may receive by redeeming points earned in the Program. Program administrative services are provided by third party vendors.

To participate in the Program, your account must be open and in good standing under the terms of your Cardmember Agreement. We may alter, change, or terminate the Program at any time without advance notice. We may also disqualify Cardmembers who have violated any of these terms and conditions or the terms of their Cardmember Agreement with us. Determination and payment of tax liability is the sole responsibility of the Cardmember. The Program is void where prohibited by federal, state, or local law.

U.S. Bank will credit your Account with Points as follows. You will earn 1 Point for every $1 in eligible Net Purchases (Net Purchases are purchases minus credits and returns) made with your Account. 

In addition, you will earn Points for the following Net Purchases

• 5 Points (1 base and 4 bonus Points) for every $1 on prepaid car and hotel reservations in the Rewards Travel Center using your rewards credit card instead of Points. Prepaid car and hotel reservations in the travel center are not classified as a travel category merchant transaction and are only eligible for additional bonus points in the prepaid car and hotel reservation category. The 4 bonus Points will be deposited into your reward account after payment has been processed. Please allow 1-2 statement billing cycles for the 4 bonus Points to appear on your credit card statement. Purchased hotel and car transactions will appear on your credit card statement as RTI*TravelCenter*. The 4 bonus Points will appear on your Points earning statement and in your Points history in the Rewards Center as “4 EXTRA POINTS: PURCHASE TRAVEL.” If cancellation is permitted and you cancel a hotel or car rental reservation for which you have earned 4 bonus Points, the 4 bonus Points will be reversed. If Points and cash are used for payment when there is more than one type of travel reservation in the cart, Points will be split equally across the components of the reservation. The cash portion of the payment will be applied to any remaining balance(s). The 4 bonus Points will be calculated on the cash portion of the eligible hotel and car components.
• 2 Points (1 base and 1 bonus Point) for every $1 on gas station and electric vehicle charging station purchases. Purchases at discount stores/supercenters and wholesale clubs will earn only 1 Point.
• 2 Points (1 base and 1 bonus Point) for every $1 in grocery store and supermarket purchases. Purchases at discount stores/supercenters such as Target and Walmart and wholesale clubs will earn only 1 Point.
   

Merchants identify their business by selecting a merchant category code established by Visa. A Purchase will not earn additional Points if the merchant’s selected code is in a category that is not eligible for additional Points earning. We do not determine the category codes that merchants choose and reserve the right to determine which Purchases qualify for additional Points.

Your Account must be open and current (not past due or overlimit) on the closing date for the billing cycle in order to earn Points. Subject to credit availability, the number of Points that may accumulate in any monthly billing cycle for your Account is unlimited. “Net Purchases” for a statement period are determined by totaling all new purchases charged to the Account during the billing cycle, then subtracting credits posted to the Account during the billing cycle for returned Purchases and/or adjustments.

If credits during a statement period exceed Purchases, the credit balance will be carried over to the following billing cycles and offset against future Purchases charged to the Account for purposes of awarding Points. We may round Net Purchases up or down to a whole dollar amount for purposes of awarding Points. Points will not be awarded for any billing cycle if your Account is closed or is not in good standing on the closing date for that billing cycle. Points will only be awarded for “Purchases” (as defined in the Cardmember Agreement) and will not be awarded for transactions posting as Convenience Checks; Balance Transfers; Advances (including ATM withdrawals, wire transfers, traveler's checks, money orders, foreign cash transactions, betting transactions, and lottery tickets); interest charges and fees; credit insurance premiums; and transactions to (i) fund certain prepaid card products, (ii) buy currency from the U.S. Mint, or (iii) buy cash convertible items. We reserve the right to adjust or reverse the number of Points that were awarded for unauthorized transactions. Further, this Account is intended to be used for the purchase of various products and services for personal, family, and household purposes, and we have the right to adjust or reverse the number of Points that were awarded or terminate the Account if we determine that purchases or transactions were outside of such use, including, without limitation, excessive or patterned purchases of cash equivalent instruments, such as gift cards, rewards cards, and other prepaid cards. Points are considered earned when they are posted to the redemption system. Accounts will be updated monthly. Points may take up to 60 days to be posted following a qualifying purchase. Points cannot be earned until an Account has been assigned. No retroactive credit will be given for prior purchases. Points from different Accounts may not be combined. Points cannot be used in conjunction with other frequency or reward programs.

The complete range and variety of available Travel Rewards, Gift Card Rewards, Merchandise Rewards, Event Ticket Rewards and any other Program Rewards, and the number of points needed to obtain each reward is described via the U.S. Bank Rewards Center at usbank.com or calling 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 points required for any reward at any time without advance notice, even though such changes may affect the accrual or value of points or rewards. Maximum Point value applies to Points redeemed for a deposit into an eligible U.S. Bank Account. The redemption value may be different if you choose to redeem your Points for other rewards such as travel, merchandise, gift cards, and/or statement credit. Other restrictions apply. Establishment or ownership of a U.S. Bank Account or other relationship with U.S. Bank is not required to obtain a card or to be eligible to use Points to obtain any rewards offered under the program. Minimum redemption amounts may vary and are subject to change without notice. Reward redemption is subject to availability based upon Cardmember’s Account mailing address. Also, in most cases, ship-to address must be a street address; APO/FPO/PO Box addresses may not be accepted. 

You may only redeem points for rewards if the outstanding balance of your Account is below its credit limit and if your Account is open and in good standing under the terms of your Cardmember Agreement. Points are not transferable and cannot be used as payment for obligations owed to U.S. Bank or its affiliates. Exception: Cardmembers can choose to redeem their earned points 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, credits, other points or rewards for no-shows or unused portions or rewards, unless otherwise noted.

We reserve the right to verify and adjust points at any time before or after posting any redemption. Subject to applicable law, you may not redeem points, and you will immediately lose all of your points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death).

Points 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. Points are redeemed or expire on a first-in, first-out basis, so that the points you earned are used first before later earned points. 

For redemptions, inquiries, and updates, Cardmembers may visit the U.S. Bank Rewards Center at usbank.com or call the Rewards Center anytime at 888-229-8864. All Point redemptions are final.

You may redeem points 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. Points are considered fully redeemed when a confirmation number is issued and Points are deducted from your balance. Travel rewards can be issued in any individual’s name, but Points 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 $39 Travel Advisor Consultation fee will be charged per passenger, and please refer to additional terms and conditions provided on your travel itinerary.  There will continue to be no additional booking fees for award tickets booked online.

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.

You may redeem points 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. Points for merchandise are redeemed and deducted from the points balance when merchandise is requested by a Cardmember. You may not use cash or anything other than points 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 30 days of the receive date – unless otherwise noted. Items supplied by Best Buy are subject to all of Best Buy’s conditions of use and policies, which can be found on www.bestbuy.com. 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.

From time to time you may have the opportunity on the Rewards Center to redeem Points earned in the Program toward a monetary contribution to a named charity. U.S. Bank will match each monetary charitable contribution at 100% (no cap). The named charity may vary. Point redemptions toward monetary charitable contributions may not be tax deductible. Please consult your tax advisor to determine if your redemption towards a charitable contribution is tax deductible. 

You may redeem points earned in the Program for gift cards available under the then-current Program Rewards offering located at the Rewards Center at usbank.com. Points for gift cards are redeemed and deducted from the points balance when gift cards are requested by a Cardmember. You may not use cash or anything other than points earned with your Account to acquire gift cards through the Program. Some gift cards are also available as eGift cards and will be delivered electronically via email. A maximum of three (3) eGift cards can be redeemed per day. Valid email address is required for eGift card redemption(s). 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 acquired through the Program.

Your redemption for gift cards 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) – please review:

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

You can choose to redeem Points for cash back in the form of a deposit to a U.S. Bank checking or savings account or as a statement credit to your Account. Reward redemptions are deducted from the rewards balance when the reward redemption is requested by a Cardmember.

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. 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 for the financial institution associated with your Account and an accurate account number for your cash reward redemption to be processed correctly. Routing numbers entered for a reward 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 National Association is not responsible for incorrectly entered banking information.

All event tickets must be booked online through the Rewards Center at usbank.com. Points may be used to purchase event tickets. Points are considered fully redeemed when a confirmation number is issued and Points are deducted from your balance. Event tickets must be redeemed by an authorized Cardmember on the Account. An additional purchase of event tickets through the use of your Account is permissible when the option is available. 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 redemption, use of the event ticket, or attendance at the event’s venue – Please review: 

Your redemption for or purchase of event tickets constitutes your agreement to the terms and conditions of our third party vendor(s). Please refer to additional terms and conditions provided by our third party vendor(s) throughout the redemption process on their website, and within their communication with you during the redemptions and post-redemption processes (such terms and conditions are in addition to any terms and conditions appearing on or with your event tickets). All redemptions and sales are final. There are no refunds, exchanges, replacements or conversions for currency, credit, other points or rewards for no-shows or unused portions or rewards, unless otherwise noted. U.S. Bank and our third party vendor(s) are not responsible for correspondence lost or delayed due to shipping. Our third party vendor(s) may impose additional fees that are not included in your award ticket, including but not limited to service fees, processing fees, shipping and delivery charges as well as applicable taxes.

With Real-Time Rewards, you may instantly redeem Points for your credit card Purchases via text messaging. The Points redemption comes in the form of a credit to your monthly billing statement. Points will be deducted from your Points balance and a credit for the Purchase amount will be applied to your Account billing statement when you request redemption. 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. 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. Please visit: rtr.myrewardsaccess.com for a full listing of the Mobile Terms and Conditions. For inquiries, to sign up to receive text alerts, to update your preferences or to cancel your enrollment, please visit the Rewards Center at usbank.com or call the Rewards Center 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. You must have enough points to cover the entire purchase in order to receive a text message to redeem. 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, Points will be deducted from your Points 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 Points for to the merchant, the Points will not be reinstated, but you may receive a credit to your credit card account (in accordance with the merchant’s return policy).

Points for Visa-branded rewards cards (“Rewards Cards”) are redeemed when a Rewards Card is requested by Cardmembers. At the time of the Rewards Card redemption, your rewards point balance will be reduced by the number of points 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.

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.