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DIVIDEND BIZ CARD (12/19/01)
FULL STORY:
Business credit cards keep getting sweeter. This week Bank of America is
hitting business owners' mailboxes with a solicitation for its new Dividend
Miles VISA Business Card. Under the business card version of the US
Airways/Bank of America co-branded program, cardholders earn one Dividend Mile
for each $1 spent in net purchases and two miles for every $1 spent on US
Airways goods and services. The business owner also will receive 5,000 bonus
miles after the first purchase is made using the card, one complimentary US
Airways Club pass each year and a 10% discount on Dividend Incentives
purchases. Business owners will also earn Dividend Miles purchases made by
their employees with all miles credited to one account designated by the
business owner. BofA is also offering credit limits up to $50,000. The new
business air miles card carries a $75 annual fee for the company account,
and a
$15 annual fee for each card. The APR is a variable prime +9.9% with no floor.
The US Airways' 'Dividend Miles' program offers the lowest redemption level of
any major carrier. Off-peak travel within the U.S. Canada requires only 20,000
miles and off-peak travel to Europe is only 40,000 miles. For more information
visit
http://www.usairways.com
or
http://www.bankofamerica.com.
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