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AARP Rewards VISA (10/22/03)
FULL STORY:
Bank One and the AARP have jazzed-up their co-branded VISA card with a
rewards program that offers cash back or gift certificates. The new and
improved "AARP Rewards Platinum VISA" gives cardholders a full 1% back
on card purchases starting with the first dollar in purchases charged.
Every time cardholders accumulate 2,500 points, they may select their
desired reward, either $25 cash back or a $25 gift certificate to one of
several merchants including gas stations, restaurants, major travel and
entertainment providers and other retailers. Participating companies
include Exxon, Red Lobster, Blockbuster, Chili's, Olive Garden, Best Buy,
Home Depot, Borders, Sunoco, Best Western, JCPenney, and Hertz. The
no-annual-fee card offers a 0% fixed APR for the first 12 billing cycles
following the opening of the account. Thereafter, a prime +6.99%, prime
+8.99%, or prime +12.99%, depending on the cardholder's credit score. The
companies are also guaranteeing cardholders there will be no
telemarketing after they sign-up. The AARP has more than 35 million
members and has been a partner with Bank One for 13 years. For more
information visit: www.aarpcreditcard.com.
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