U.S Bank is now offering corporate cardholders access to rewards. With FlexPerks Corporate Rewards, businesses earn one point for every dollar spent on purchases, and can redeem them for travel, rewards or rebates.
It’s currently available with the following business cards: U.S. Bank Corporate Travel Card, the U.S. Bank Executive and Executive Platinum Cards, and the U.S. Bank One Card.
Business owners can choose to combine the points they earn on all their cards, and then redeem them for rewards and benefits, or they can opt to let their employees earn and redeem the points for themselves.
Business travel on FlexPoints
Travelers can redeem points for airfare starting at 20,000 points, which can be used to book a ticket valued at up to $400. Flights can be booked on over 150 airlines. There are no blackout dates, and no redemption fees when tickets are purchased online.
Visa travel services are included in the FlexPerks Corporate Rewards package. Businesses get access to a wide range of travel and entertainment options, including concierge services, special travel packages, unique experiences, and upgrades.
Hotel rooms can be booked through the Luxury Hotel Collection, which includes getting the best rate at booking, room upgrades and $25 food/beverage vouchers.
Tickets, VIP packages, preferred seating and other extras are also available for foodie, sports and entertainment events.
Organizations can also choose to redeem points for other kinds of rewards, including merchandise, gift cards, or rebates.
The companies will receive the same redemption options as those included with the FlexPerks Travel Rewards Visa Signature card held by consumers, with the exception of receiving cash back or statement credits. Instead businesses are eligible for rebates.
U.S. Bancorp is headquartered in Minneapolis and is the fifth largest commercial bank in the U.S. Offering customers investment, mortgage, insurance, brokerage, banking and payment services. Currently they operate 3,081 banking offices, which are located in 25 states across the US.