The ‘Priority Club Worldwide Platinum VISA’ card was unveiled Thursday in a partnership between Holiday Hospitality, VISA and First USA. The new cobranded VISA card enables cardholders to earn points towards free stays any Holiday Inn, Crowne Plaza and Holiday Inn Express hotels, as well as airline miles and brand-name merchandise. The program offers a bonus 5,000 point award for the first use of the card and one ‘Priority Point’ for each purchase dollar made thereafter. Card pricing is: no-annual-fee, 5.9% six- month intro rate, and a 14.99% fixed long-term rate. The new program has significant potential as Holiday Hospitality already has five million participants in its ‘Priority Club’ program and serves 50% of U.S. business travelers annually at its 2,400 properties worldwide.
Holiday Hospitality today unveiled the Priority Club Worldwide Platinum Visa card, which allows Cardmembers to earn points toward free stays at Holiday Inn, Crowne Plaza and Holiday Inn Express hotels, as well as airline miles and brand-name merchandise. The no-annual-fee card, issued by First USA, is the first initiative of Holiday Hospitality’s new strategic marketing alliance with Visa U.S.A.
“These agreements, coupled with the billion dollars we are investing in facilities upgrades, will enhance the lodging experience for millions of business and leisure travelers by helping them earn free travel faster,” said Thomas R. Oliver, chairman and CEO, Holiday Hospitality. “With Visa and First USA on board, we’re confident in our ability to continue delivering one of the premier values in the travel industry.”
Cardmembers collect one Priority Club point for each dollar of purchases made on the card, as well as 5,000 Priority Club bonus points after they use the card for the first time. In addition to free hotel stays, Cardmembers can redeem Priority Club points for air travel and brand-name merchandise. For example, 7,500 Priority Club points can be redeemed for a free hotel night at a Holiday Inn Express hotel.
New Cardmembers who apply for the card via a special toll-free number (800-451-2491, PRIORITY CODE: HHC) will receive an additional 2,500 Priority Club bonus points. Applications for the card also are available at Holiday Hospitality hotels.
The Priority Club Worldwide Platinum Visa card offers travelers an exceptional combination of a low rate and no annual fee with the ability to earn rewards by making everyday purchases,” said M. Carter Warren, executive vice president, partnership marketing, First USA. “The card is quite simply a great vehicle for accumulating valuable free travel rewards. The fact that 70 percent of all Americans have stayed at a Holiday Inn or other Holiday Hospitality-branded property is a true testament to the service and value the company delivers.”
The Priority Club Worldwide Platinum Visa card features a 5.9% introductory interest rate for six months, followed by a competitive 14.99% fixed rate; a credit line, from $5,000 to $100,000; a money-saving balance-transfer option; and 24-hour, toll-free customer service support. The card is also available in a classic design.
More than five million people are currently saving towards free hotel stays, air travel and brand-name merchandise in Holiday Hospitality’s Priority Club program. Holiday Hospitality serves more than 150 million people and 50 percent of U.S. business travelers annually at its 2,400 properties worldwide.
“We believe our new card gives Priority Club members the best no-fee travel rewards credit card in the industry,” said Donald H. Schmitt, vice president, relationship marketing, Holiday Hospitality. “No other credit card delivers more combined value. With the Priority Club Visa card, you can collect points toward a broad choice of rewards, including hotel stays at more than 2,000 hotels, airline miles, or merchandise, while also enjoying the financial benefits of a great low interest rate and no annual fee.”
“Visa is delighted to launch our new relationship with Holiday Hospitality with such an exceptional travel asset as the Priority Club Platinum Visa card,” said Rob Robins, executive vice president, market development and acceptance, Visa U.S.A. “Our multi-year strategic alliance with Holiday Hospitality will result in the development of new programs, services and special offers for Holiday Hospitality hotel guests. From Visa sponsorship tie-ins, to joint promotions, to additional new product initiatives, this partnership will benefit consumers significantly,” continued Robins.
Holiday Hospitality, the hotel business of Bass PLC of the United Kingdom, operates or franchises more than 2,300 hotels and 390,000 guest rooms in more than 60 countries and territories.
The following service marks are owned by Holiday Hospitality Corporation, its subsidiaries or affiliates: Holiday Inn(R), Crowne Plaza(R), Holiday Inn Express(R), Holiday Inn Select(R), Holiday Inn Garden Court(SM), Holiday Inn SunSpree(R) Resorts, Holidex(R), Holidome(R), Priority Club(R), e(R) space(SM), Crowne Plaza Preferred(SM) and Staybridge Suites(SM) by Holiday Inn.
Holiday Hospitality offers information and reservations capability on its pages on the World Wide Web of the Internet — http://www.holiday-inn.com for Holiday Inn hotels and http://www.crowneplaza.com for Crowne Plaza Hotels and Resorts.
Visa is the preferred payment brand and the largest consumer payment system worldwide. It plays a pivotal role in advancing new payment products and technologies to benefit its 21,000 member financial institutions, their cardholders, and the global economy. Visa is the only consumer payment system to facilitate $1 trillion worth of purchases of goods and services in a fiscal year. Visa’s nearly 600 million cards are accepted at more than 14 million worldwide locations, including 370,000 ATMs in the Visa/PLUS Global ATM Network. Visa’s Internet address is http://www.visa.com.
First USA ( http://www.firstusa.com ), a BANK ONE company, is a financial services company specializing in the credit card business and is among the largest providers of Visa, MasterCard and private label credit cards in the nation. First USA has approximately 40.4 million credit cards issued and $38.9 billion in total loans outstanding.