One Card Users Earn Largest-Ever $3 Million Rebate Payout 

For the first time ever, the annual CFC U.S. Bank One Card rebate has topped the $3 million mark for the most recent plan year, which ended August 31. The 486 eligible users earned a collective rebate of $3,040,545—surpassing the 2024 best by more than $167,000. 

“While there were no material changes to the program this year, we’re excited to see 15 more members qualifying for rebates,” One Card Administrator Gregory Crew said. “Members are increasingly leveraging their One Card for purchases, requesting higher account authorizations and adding the fleet solutions to maximize eligible spend on fuel transactions. All of these factors have contributed to yet another record-breaking year for the program.” 

Rebates Distributed in October

CFC staff distributed the rebates—prorated based on card use—in October. Most systems received their payment via ACH, or automated clearinghouse, while those not signed up for ACH received a check.   

To earn a rebate, One Card had to generate an aggregate annual charge volume of at least $20 million with an average transaction size of at least $120. The portfolio continued to significantly exceed these requirements with an annual charge volume of more than $228 million, a $14 million increase from the previous plan year. 

The One Card combines purchasing, corporate travel and fleet management into a single, streamlined solution. This unified program empowers cooperative employees to cover nearly all business-related expenses with one card—simplifying expense management, reducing operational costs and enhancing organizational control.