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Name Your Own Card (1/13/00)
FULL STORY:
The pioneer of "Name Your Own Price" is teaming up with an Internet credit
card pioneer to launch a customized VISA or MasterCard. NextCard announced this
week a major strategic relationship with priceline.com to enable priceline.com
customers to create their own customized credit cards
beginning this spring. NextCard has agreed to create a unique co-branded
Priceline.com NextCard that will enable priceline.com customers to name the
terms they want for those elements of a credit card that are most important to
them, and NextCard, using its unique online approval and customization
technology, will respond to the customers' requests with an individualized
offer for a NextCard VISA or Mastercard in real time. NextCard will also
participate in priceline.com's "sponsor dollars" marketing program, which will
enable customers to increase the amount of their priceline.com purchase offers
by specified amounts by applying for a Priceline.com NextCard or using the
card to complete their online transaction. For example, a customer who applies for
or uses a Priceline.com NextCard to bid for an item could have up to $40
instantly added to their purchase offer, thereby increasing their chances of
getting the item at no additional cost. For more information visit
www.nextcard.com or
www.priceline.com.
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