$325 Annual Travel Credit:
Automatic statement credit(s) totaling up to $325 will be applied to your Account when a Card is used for purchases made directly from airlines, hotels, car rental companies, taxis, limousines, passenger trains and cruise lines. Credit(s) apply to eligible Net Purchases that post to your Account on a Cardmember-year basis (based on Account opening date). Only one total credit amount of up to $325 per Cardmember year per Account, regardless of which Card(s) was/were used for the transaction(s). If eligible purchase is greater than $325, credit will be limited to $325. Net Purchases during each billing cycle will be calculated for transactions that a merchant classifies as travel (such as purchases made directly with airlines, hotels, car rentals, taxicabs, limousines, passenger trains and cruise line companies) and a corresponding statement credit will be applied to your Account the next time it cycles. “Net Purchases” for a statement period are determined by totaling all applicable 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. Credit does not apply for transactions posting as Convenience Checks, Balance Transfers, or Advances (including, but not limited to, wire transfers, traveler’s checks, money orders, foreign cash transactions, and ATM disbursements). U.S. Bank cannot control how merchants choose to classify their business or transactions and reserves the right to determine which purchases are eligible. We reserve the right to adjust or reverse any portion or all of any travel credit for unauthorized purchases or transaction credits.
