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WebMiles MasterCard (6/29/00)
FULL STORY:
Combine the Internet with a credit card and an air mileage program and you
get
the WebMiles MasterCard. Salt Lake City-based WebMiles and Metris
Companies/Direct Merchants Bank officially launched the WebMiles MasterCard
this week. Under the new program, cardholders will earn rewards toward free
travel and travel discounts on any airline and any flight without blackout
dates, seating limitations, 21-day advanced notice, required Saturday night
stays or cost caps. The WebMiles MasterCard enables consumers to earn one
WebMiles reward per dollar spent on card purchases and extra miles for using
the card when shopping within the WebMiles partner network. There are three
different card levels including Platinum, Standard and Secured. Cardholders
will pay annual fees of $25 or $39 for the Standard or Platinum version
with an
introductory APR as low as 2.9 % and 14.49% APR thereafter.
WEB MILES MASTECARD PRICING
ANNUAL FEE: $25 $25 $39 $39
PURCHASE APR: 14.49% 17.49% 21.49% 25.49%
DEFAULT APR: 18.49% 21.49% 25.49% 29.49%
DELINQUENCY APR: 22.49% 25.49% 29.49% 33.49%
note: all APRs are variable and based on a 9.50% Prime Rate
For more details visit http://www.webmiles.com.
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