U.S. Bank Offers Customers a More Rewarding Experience with Two New Products: Cash 365 and FlexPerks® Gold

MINNEAPOLIS–(BUSINESS WIRE)–Whether customers want to earn more cash back or to experience more
rewards and valuable travel benefits, U.S. Bank is offering two new
American Express^® credit cards to meet their needs.

“Our rewards card programs are recognized as some of the best in the
industry and the addition of two new American Express products gives our
customers more ways to benefit from outstanding rewards, convenience and
security,” said Cliff Cook, senior vice president for the U.S. Bank
retail credit-card division.

U.S. Bank’s new credit card products offer consumers a choice when it
comes to the kind of rewards that work for them:

• U.S. Bank Cash 365™ American Express^® Card is a simple and
  rewarding cash-back card. Cardmembers can earn 1.5% cash back on net
  purchases with no limit on the amount of cash back earned with cash
  rewards that don’t expire. Cash 365 Cardmembers will also enjoy access
  to ticket presale and preferred seating offers, and can take advantage
  of dining, shopping and travel savings through Amex Offers.
• U.S. Bank FlexPerks^® Gold American Express^® Card
  is for customers on the go who want a rich rewards card with valuable
  travel benefits, including a Global Entry or TSA Pre✓™ application fee
  credit and a complimentary Boingo Wi-Fi membership. Cardmembers can
  earn 3 points for every net $1 spent on dining purchases, 2 points on
  airline and gas net purchases and 1 point on every $1 in eligible net
  purchases on everything else.

In addition:

• U.S. Bank American Express Cards are compatible with Apple Pay^®
  mobile payment services.
• Cardmembers enrolled in Online Banking can obtain their VantageScore^®
  3.0 by TransUnion^® at no cost. This tool helps customers
  track their credit score over time and learn about credit actions that
  can impact credit scores and how to maintain good financial health.
• Cardmembers also have access to budgeting tools offering the
  flexibility to accelerate payments to help pay down a balance faster,
  or pay off larger purchases over time. Cardmembers may also set up
  account alerts and choose payment due dates.

For more information about the U.S. Bank Cash 365 Card or FlexPerks Gold
Cards, visit usbank.com
or flexperks.com.

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

About U.S. Bank
Minneapolis-based U.S. Bancorp, with $428
billion in assets as of March 31, 2016, is the parent company of U.S.
Bank National Association, the fifth largest commercial bank in the
United States. The Company operates 3,133 banking offices in 25 states
and 4,936 ATMs and provides a comprehensive line of banking, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

Contacts

U.S. Bank Public Relations
Maureen Mook, 612-973-0771
Maureen.mook@usbank.com