NEW YORK, Oct. 16,
2018 /PRNewswire/ -- Today, Air France-KLM and Bank of America
launched the new Air France KLM World Elite
Mastercard® to reward loyal Air
France, KLM Royal Dutch Airlines, and SkyTeam members. It is the
first and only Air France-KLM co-branded credit card available in
North America.
The new card will allow customers to gain Miles and XP
(Experience Points), the reward currency for Air France-KLM's
Flying Blue Loyalty Program. The launch follows a recent global
update to Flying Blue, which commenced in April 2018. The enhanced program enables more
flexible spending of Miles and a more simplified, personalized
membership level qualification.
"We are excited to launch this new card to reward our
loyal customers in the United
States. The U.S. is a major market for Air France-KLM with
growing demand for our flights and services from 14 American
airports to Amsterdam,
Paris, and beyond," said
Stephane Ormand, vice president and
general manager USA at Air
France-KLM. "Flyers in the U.S. have many choices. It is our
priority to delight and reward our frequent fliers. Especially
following the enhancements to our Flying Blue program, this card
will allow us to provide customers more flexible, accessible reward
tickets and provide services designed to make trips more
enjoyable."
The Air France KLM World Elite Mastercard offers the
following features:
- Earn three Miles for every $1 spent on purchases made directly with Air
France, KLM Royal Dutch Airlines and SkyTeam member
airlines.
- Earn 1.5 Miles for every $1
spent on all other qualifying purchases.
- Earn 25,000 bonus Miles after the cardholder makes
$1,000 or more in purchases within
the first 90 days of their account opening.
- Earn 60 XP (Experience Points) upon account opening for
the Air France KLM World Elite Mastercard® (limited to one time per
Flying Blue member). 60 XP bring new cardholders 60 percent closer
to achieving Silver status.
- Receive a benefit of 5,000 anniversary Miles after
spending at least $50 on purchases
within the card anniversary year.
- Plus, receive 20 XP every year on the account anniversary
and the opportunity to earn an additional 40 XP after spending at
least $15k on purchases within the
card anniversary year (totaling up to 60 XP).
"We're particularly proud to offer the competitive rate of
three Miles per dollar spent not only with Air France or KLM but
with any of our SkyTeam partners," said Ormand. "Thanks to our
partners, this card gives our loyal customers the unique ability to
get more benefits when they fly to over 1,000 destinations within
the SkyTeam network."
"This partnership will deepen the relationship we have
with our Bank of America clients who choose to fly Air France-KLM,"
said Michael Simpson, co-brand and
affinity card executive at Bank of America. "Partnerships like this
ensure we are providing loyal clients with card programs that meet
their financial needs."
"Customer experience has never been more important for
travelers, and Air France KLM has always kept this top priority,
delivering a streamlined customer journey from booking to
take-off," said Linda Kirkpatrick,
EVP Merchants & Acceptance for Mastercard. "We are pleased to
partner with them and Bank of America to deliver a cardholder value
proposition that reflects this longstanding commitment, with
rewards and offerings that meet and exceed their customers'
needs."
The Air France KLM World Elite Mastercard is open for
applications effective immediately. To apply or receive more
information about the card, including rates, fees, costs and
benefits associated with the credit card, visit
go.bofa.com/AirFranceKLMcard
For more information about Flying Blue Loyalty Program, go
to: https://www.flyingblue.us/en
Flying Blue: leading loyalty program
Flying Blue, the Air France-KLM group's loyalty program,
has 15 million members and 39 airline partners and more than 100
non-airline partners. The more members travel, the more their
loyalty is rewarded. With Flying Blue, customers can access the
many services specially designed to make their trip even more
enjoyable.
At www.airfrance.com and www.klm.com,
members can check their account, book tickets directly or request
missing Miles to be added to their account.
At www.flyingblue.com, customers can access a
complete presentation of the Flying Blue program, detailing the
benefits of the different Explorer, Silver, Gold and Platinum
levels explained through videos and tutorials. They can also check
out all the ways to earn or spend Miles and the complete list of
all the program's partners' offers in the "Flying Blue
Store" section.
Bank of America
Bank of America is
one of the world's leading financial institutions, serving
individual consumers, small and middle-market businesses and large
corporations with a full range of banking, investing, asset
management and other financial and risk management products and
services. The company provides unmatched convenience in
the United States, serving
approximately 67 million consumer and small business clients with
approximately 4,400 retail financial centers, including more than
1,700 lending centers, more than 1,900 Merrill Edge investment centers and more than
1,300 business centers; approximately 16,100 ATMs; and
award-winning digital banking with approximately 36 million active
users, including 25 million mobile users. Bank of America is a
global leader in wealth management, corporate and investment
banking and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals around the
world. Bank of America offers industry-leading support to
approximately 3 million small business owners through a suite of
innovative, easy-to-use online products and services. The company
serves clients through operations across the United States, its territories and more
than 35 countries. Bank of America Corporation stock (NYSE: BAC) is
listed on the New York Stock Exchange.
Mastercard
Mastercard (NYSE:
MA), www.mastercard.com, is a technology company
in the global payments industry. Our global payments
processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries
and territories. Mastercard products and solutions make
everyday commerce activities – such as shopping, traveling, running
a business and managing finances – easier, more secure and more
efficient for everyone. Follow us on
Twitter @MastercardNews, join the discussion on
the Beyond the Transaction Blog and
subscribe for the latest news on
the Engagement Bureau.
Contact: airfranceklm@finnpartners.com
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SOURCE Air France