“Real-Time Rewards puts the power of instant rewards redemption in your hands and makes it simple and convenient to use FlexPoints,” said Bob Daly, senior vice president of U.S. Bank FlexPerks Rewards. “Whether you want to redeem points for shoes you just bought for your son or jewelry you just purchased for your mother, Real-Time Rewards makes on-the-spot redemptions possible. This is part of our commitment to helping our customers realize even greater value from U.S. Bank every day.”

Customers simply activate Real-Time Rewards, make a purchase with their FlexPerks Visa card, and respond to a text message to accept or decline a redemption offer. Accepted offers trigger a credit to the customer’s billing statement for the purchase amount and a deduction of FlexPoints from the customer’s point balance.

Points may be redeemed for goods and services purchased from millions of stores and websites and some conditions apply. Purchases from gas stations, restaurants or for travel are not currently eligible. FlexPoints may only be redeemed for the most recent text message received, and only one 10-digit U.S. mobile number is permitted per account.

Real-Time Rewards is a patented process available to U.S. Bank FlexPerks Visa consumer and FlexPerks Business Edge™ Visa customers. For a limited time, customers may earn 500 bonus FlexPoints for activating Real-Time Rewards. For details, please visit FlexPerks.com.