Payment Card News

MERRILL+ VISA

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Merrill Lynch has launched a limited promotion to reward cardholders of its “MERRILL+ VISA” or “VISA Signature” with points if they finance or refinance their home through Merrill Lynch Credit Corporation. “MERRILL+ VISA” cardholders are eligible to earn up to 45,000 points and either a $250 or $500 credit toward closing costs when they complete a Merrill Lynch mortgage. “VISA Signature” cardholders are eligible to earn up to 15,000 points. The offer is valid on financing closed after July 1st and applications received by December 31st; closing must take place by February 28th. Merrill Lynch and MBNA launched their co-branded credit cards in April, offering rewards tiered to card volume. The new “Merrill+ VISA” offers a credit limit up to $250,000, free nights at The Ritz-Carlton, and free upgrades on international tickets with British Airways. The benefits are tiered with “+Benefits” available to all cardholders; “+2 Benefits” for those charging $20,000 or more annually; and, “+3 Benefits” for those charging $50,000 or more annually. For more information visit: “www.card.ml.com”:www.card.ml.com

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