Ace Hardware customers can now conveniently apply for an Ace Rewards® Visa® Credit Card with an iPhone® application developed by U.S. Bank. The new Ace Rewards Visa App, downloadable at the iTunes store, gives customers the opportunity to apply for and receive, upon approval, immediate credit to start their shopping at participating Ace stores. “The Ace Rewards Visa App for iPhone is a great example of how we continue to provide our customers with innovative payment solutions that will enhance their shopping experience,” said John Owens, senior vice president of U.S. Bank Retail Payment Solutions. “The new App offers Ace customers the opportunity to receive instant access to credit so they can shop for products they need to complete their home maintenance projects as well as get rewarded for their Ace purchases.” With the Ace Rewards Visa App, customers can easily apply for an Ace Rewards Visa Credit Card. Upon instant approval, qualified new cardholders receive a secure, virtual credit card via their iPhone. When the cardholders are ready to make a purchase, they simply hand their iPhone with the virtual card displayed to an Ace Associate at checkout. With every purchase, Ace Rewards Visa cardholders earn Ace Rewards points, receiving up to 5% back at Ace, 2% back on gas and groceries and 1% back everywhere else Visa is accepted. In addition, cardholders can earn up to 10% back on quarterly categories. Once 12,500 points are earned, cardholders receive a $25 Reward redeemable at participating Ace stores. In addition to making purchases and being rewarded for it, the app features a convenient link to Ace’s website, acehardware.com, to view products or find the nearest Ace Hardware store. "We are pleased to be able to offer the Ace Rewards Visa App for iPhone to our customers,” said Jeff Gooding, director of consumer marketing for Ace Hardware Corp. “This technology allows us to help our consumers manage the things they need to do so they can move on to what matters most to them. It's one more benefit of being an Ace Rewards member and shopping at Ace."