Got a letter in the mail from U.S. Bank

torry590 · ‎10-15-2010

They stated that they were discontinuing the rewards program on my College Visa. The letter also stated that nothing else on my account is changing. The Credit Limit, Interest, and all other terms will remain the same.

Did anyone else get this letter? If not, is it some kind of AA?

Thanks!

Creditaddict · ‎10-15-2010

@torry590 wrote:
They stated that they were discontinuing the rewards program on my College Visa. The letter also stated that nothing else on my account is changing. The Credit Limit, Interest, and all other terms will remain the same.

Did anyone else get this letter? If not, is it some kind of AA?

Thanks!

Sounds like it's time to ask to be upgraded out of the student card program so you can still get rewards.

hedgeclipper2 · ‎10-15-2010

@Creditaddict wrote:

@torry590 wrote:
They stated that they were discontinuing the rewards program on my College Visa. The letter also stated that nothing else on my account is changing. The Credit Limit, Interest, and all other terms will remain the same.

Did anyone else get this letter? If not, is it some kind of AA?

Thanks!
Sounds like it's time to ask to be upgraded out of the student card program so you can still get rewards.

I agree!

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My favorite card right now: Fidelity Investment Rewards Visa Signature

Pushto700 · ‎10-15-2010

@Creditaddict wrote:

@torry590 wrote:
They stated that they were discontinuing the rewards program on my College Visa. The letter also stated that nothing else on my account is changing. The Credit Limit, Interest, and all other terms will remain the same.

Did anyone else get this letter? If not, is it some kind of AA?

Thanks!
Sounds like it's time to ask to be upgraded out of the student card program so you can still get rewards.

+1. Give them a call and see what they may have in store as an upgrade (if any) to attain those rewards.

Starting Score: TU: ?-- EQ: ?--EX 560 (8-08)
Current Score: TU: 671 (3-10) 625 (4-10/Rebucketed)--EQ: 674 (3-10)--EX 630 (Lender 11-09)
Goal Score: TU: 750--EQ: 760

Take the FICO Fitness Challenge

jj10939 · ‎10-15-2010

I got the same letter....Seriously, with a student credit card it maybe cost U.S. Bank like $5/year per cardholder for rewards

Imhotrodcrazy · ‎10-15-2010

I just received a letter yesterday from US Bank on my Flex Perks rewards card thanking me for my continued business and urging me to use my card more often in order to earn more cash back. I suggest that you call them to graduate to another rewards card. They are a great bank to deal with.

FICO 08
TU 842 12/8/18
EX 840 12/29/18
EQ 842 12/8/18
(NASA 30K) ( Amex 44k ) ( Freedom 10.6K ) ( US Bank Cash+ 20k, LOC 15k ) Winners never quit, and quitters never win
last app 2/15

torry590 · ‎10-16-2010

Yes, I know they are a great bank to deal with. I am glad I am not the only one that got this letter. Frankly, I was kinda mad when I read it.

They have probably paid me 15$ in the year and a half that I have had the card in rewards lol.