Consumer Payment Card News

Infinite Card

The sky is the limit with a new VISA card designed for the well heeled. National City Corp’s Private Client Group will introduce the VISA Infinite card in mid-Oct. The VISA Infinite card, originally announced by VISA in Oct 1998, features no preset spending limit, a $20,000 minimum credit limit, a customized reward system and a premium concierge service. National City’s Private Client Group VISA Infinite card allows its customers to carry a revolving balance and to choose the type of reward they prefer, for example air miles, cash back, selected merchandise, or travel. Purchases are approved based on factors such as personal resources, account history, credit and payment records. The card is available to National City Corp’s Private Client Group and Sterling customers and carries a $150 annual fee. The VISA Infinite concierge service provides assistance with restaurant reservations, gift arrangements, travel information, referrals, business services, and specialty services. The card also offers security features such as travel emergency assistance, travel evacuation coverage and purchase protection. In unveiling the card in 1998, VISA said the card would be targeted at technologically savvy affluent international travelers. For more information visit www.national-city.com.

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