Consumer Payment Card News

Match Card

The United States Tennis Association and Chase have teamed to roll-out the “USTA Visa Signature” card with “Chase Flexible Rewards.” Cardholders receive one point for every dollar spent using the card as well as a zero percent introductory APR and no annual fee. After that, a 10.99% variable APR apples to the “Signature” card or a 14.99% variable APR applies to the “Platinum” card, depending on the credit score. The card APR is based on the prime rate plus 5.99% to 9.99%. Reward points can be redeemed for tennis merchandise including a Wilson “Factor Pro Tour” racquet, racquet bags, or a selection of travel and gift certificates, or cash. A service fee of up to $25.00 may be charged for the use of “Reward Headquarters” services for redemption of air travel. The USTA has 720,000 members as of March 31, 2008. For more information visit: “http://www.chase.com/usta”:http://www.chase.com/usta

Leave A Reply