Audi, Bank One Rev Up New Audi Visa Signature Card
April 07 2004 - 11:12AM
PR Newswire (US)
Audi, Bank One Rev Up New Audi Visa Signature Card Cardmembers Earn
Rewards on Audi Car Purchases, Services, Merchandise WILMINGTON,
Del., April 7 /PRNewswire-FirstCall/ -- Audi Bank USA, an affiliate
of Audi of America, Inc. andBank One today introduced the Audi
Visa* Signature Card, giving consumers a great way to earn rewards
with everyday purchases. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO ) Audi
Visa Signature cardmembers earn two points for every dollar spent
at participating Audi dealers and Audi Collection purchases and one
point for every dollar spent on all other purchases. Every time
cardmembers accumulate 2,500 reward points, they may use them
toward: -- Audi Collection merchandise and Audi accessories. --
Special opportunities, such as the Audi Driving Experience: Adult
Course, Teen Driver Course, or tickets to the 12 Hours of Sebring.
-- Audi vehicle service or maintenance at participating Audi
dealerships. -- Payment toward an automobile loan or lease with
Audi Financial Services. -- Many other extraordinary rewards
including discounts on brand name merchandise, airline tickets and
luxury hotels, as well as restaurant and retail giftcards. The Audi
Visa Signature Card will launch in May. Individuals may pre-
register to be notified as soon as the card is available or find
additional information within "special offers" at
http://www.audiusa.com/ . "This is an ideal way to build lasting
relationships with both current customers and those people who
would like to join our family," said Axel Mees, Vice President in
charge of Audi of America, Inc. "That's why we have worked so
closely with the Audi Bank to make sure that this product meets the
needs and desires of our clientele." "Our customers want, and
expect, a quality product with flexibility and convenience to
enhance their lifestyle," said Ray Specht, president and chief
executive officer of Audi Bank USA. "The Audi Visa Signature Card
provides a versatile and reliable way for cardmembers to earn and
redeem rewards toward an Audi model or Audi merchandise purchase."
Beginning in May, participating Audi dealerships across the country
will also feature instant credit applications, enabling consumers
to apply for the Audi Visa Signature Card when applying for Audi
Credit for an automobile loan or lease. Approved cardmembers will
receive an initial instant credit line of up to $5,000 that can be
used at the dealerships for Audi purchases, for which they will
receive double points. "Audi is a symbol of excellence and
customers have come to expect a high caliber product from the Audi
name," said Tom Kerwin, executive vice president of relationship
management for Bank One's card services division. "The Audi Visa
Signature Card is another example of this excellence and consumers
will see that this is a must-have card." The card has no annual
fee, a low introductory rate, zero liability for unauthorized
purchases, global Visa acceptance at over 30 million retail
locations and offers cardmembers the flexibility to choose their
payment due date. Additionally, Audi Visa Signature Cardmembers
will enjoy Visa Signature benefits, which include: -- No pre-set
spending limit. -- 24-hour personal concierge service. -- Roadside
dispatch service. -- Up to $1 million in travel accident insurance.
-- Extended warranty protection. Audi's history in America dates to
1969, when the brand was first introduced. Always an innovator,
Audi offered a range of front-wheel drive sedans to a market that
scarcely understood the advantages of this now well established
concept. In 1980, Audi became the first European luxury car
manufacturer to recognize the benefits of all wheel drive by
introducing its now legendary quattro all-wheel drive system. Audi
of America, Inc. is headquartered in Auburn Hills, Michigan, and
markets a line of luxury cars built in plants in Ingolstadt and
Neckarsulm, Germany and Gyor, Hungary. The parent company, Audi AG
is headquartered in Ingolstadt, Germany. More information about
Audi and all its products can be found at http://www.audiusa.com/ .
Bank One Corporation is the nation's sixth-largest bank holding
company, with assets ofmore than $325 billion. Bank One currently
has more than 50 million credit cards issued, making it the largest
Visa card issuer in the world. Bank One offers a full range of
financial services to large corporate and middle market commercial
customersand retail consumers. This press release and additional
information can be found on the Web at http://www.bankone.com/ . *
Visa is a registered trademark of Visa U.S.A.
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO
http://photoarchive.ap.org/ DATASOURCE: Bank One CONTACT: Jessica
Iben of Bank One, +1-302-282-6150, , or Douglas Clark of Audi USA,
+1-248-754-5311, Web site: http://www.bankone.com/
http://www.audiusa.com/
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