Chase, Continental, General Motors Announce First-Ever World MasterCard For Business Cards
By: JPMorgan Chase
WILMINGTON, Del. - Oct. 17, 2007 - Business owners everywhere - fasten your seatbelts and prepare for take-off. It's time to discover the world! Chase Card Services, a division of JPMorgan Chase & Co. [NYSE:JPM], Continental Airlines, General Motors and MasterCard today announced the first-ever MasterCard World for Business credit cards with the introduction of the new Continental Airlines World MasterCard for Business card and the GM Business Card World MasterCard. These cards are the only MasterCard World for Business credit cards currently available to business owners, and they offer loyal customers of both Continental Airlines and General Motors the opportunity to earn even more rewards!
CONTINENTAL AIRLINES WORLD MASTERCARD FOR BUSINESS CARD
Now, loyal Continental Airlines World MasterCard for Business cardmembers will be awarded double OnePass® miles for ticket purchases made directly from Continental Airlines, as well as on dining, gas and office supply store purchases. In addition, cardmembers will earn one OnePass mile for every dollar spent on all other card purchases.
Other card benefits include:
- OnePass Miles do not expire; and
- No limit to the amount of miles that can be earned.
"Continental is committed to providing our customers with best-in-class offerings," said Mark Bersgrud, senior vice president, marketing programs and distribution, Continental Airlines. "The Continental Airlines World MasterCard for Business card is a great addition to our extensive fleet of reward offerings."
To apply for the Continental Airlines World MasterCard for Business card or for more information, consumers may visit www.chase.com/continentalbusiness or call 800-875-5220.
GM BUSINESS CARD WORLD MASTERCARD
GM Business Card World MasterCard cardmembers have the opportunity to earn a full three percent on fuel at the pump, dining, office supply stores and GM dealers' parts and services. They will also receive a full one percent for all other card purchases.
Earnings can be applied towards the purchase or lease of more than 80 eligible GM vehicles at any time, and can be used with most other GM incentives.
GM Business Card World MasterCard cardmembers also enjoy:
- No annual fee;
- No limit on the amount of points that can be earned or on how much can be redeemed on any new eligible GM vehicle; and
- No preset spending limit.
"Our customers expect exceptional value and ease when buying a GM product," said Bob Hoffman, director of cardmember services, GM. "Through our partnership with Chase Card Services, we have designed a program that provides value by making it easy for our customers to put their everyday business purchases to work for them, and help put them into a new GM vehicle for business or pleasure."
Also, the GM Business Card World MasterCard will include blink, which is a contactless feature that allows cardmembers to make purchases by simply holding their card near a point-of-sale terminal at checkout, instead of swiping their card or handing it to a store employee. As cardmembers place their Chase card with blink in front of the point-of-sale terminal, the terminal will quickly emit a signal to acknowledge payment confirmation.
Chase cards with blink redefine the payment experience for cardmembers by providing increased speed and convenience and reducing transaction time by as much as 40 percent.
To apply for the GM Business Card World MasterCard card or for more information, cardmembers may call 800-428-6034.
"Travel and transportation needs play an integral role in the everyday spend of our business customers," said John Delaney, president, business card, Chase Card Services. "Our partnerships with Continental and GM allow for an easy and efficient way to make these essential purchases more rewarding," continued Delaney. "When our MasterCard World for Business cardmembers start their GM car or board a Continental flight, they will simultaneously be earning extra rewards."
MasterCard World For Business cardmembers also receive:
- Comprehensive Financial Management Tools - no preset spending limit, quarterly and year-end summary reports
- Travel and Concierge Services - personalized concierge and travel services that can help with reservations, recommendations and emergency assistance
- Cardmember Protections - purchase assurance guarantee and extended warranty protections as well as identity theft resolution services
- Unsurpassed Acceptance - cards can be used at over 25 million locations worldwide
- Rewards that do not expire
"The introduction of the World MasterCard for Business reflects our commitment to working with customers like Chase to launch innovative programs that meet the needs of their cardmembers," said Bruno Perreault, group head, small and mid-sized enterprises, MasterCard Worldwide. "For high spending small business owners, the new cards address the need for unique benefits and rewards they can use to add value to their business and enhance their customer relationships, while offering spending flexibility and unsurpassed acceptance."
SWEEPSTAKES GOES THE EXTRA MILE FOR MASTERCARD WORLD FOR BUSINESS CARDMEMBERS
Beginning today and continuing through Dec. 31, 2007, any time GM Business Card World MasterCard cardmembers use their card to make a purchase, they will be automatically entered for a chance to win a new 2008 Escalade.
For more information on the sweepstakes, go to www.mastercardbusiness.com/gm.
About General Motors
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 76 years. Founded in 1908, GM today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link between financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes more than 14 billion payments each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercardworldwide.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.5 trillion and operations in more than 50 countries. The company has more than 154 million credit cards issued. Under the Chase and JPMorgan brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
For more information about Chase:
Click Here
These financial partners promote reinvestment and community development through their generous support of this site.
To see what programs they offer, click on their logos below.:
2010 - 2011 © Copyright www.communityinvestmentnetwork.org