Chrysler Financial – News
December 4, 2007
For Immediate Release
Contacts:
Jelena Jelich
Chrysler Financial
O: 519.561.9627
C: 519.965.1995
js399@chryslerfinancial.com
Cathy Velazquez
MBNA Canada Bank
Tel: 613.907.4911
cathy.velazquez@mbna.com
Chrysler Financial and MBNA Canada Bank® Introduce the Chrysler®, Jeep® and Dodge® Rewards Mastercard Credit Cards
Earn RewardsPoints faster and redeem without limitation for a down payment on a new Chrysler, Jeep or Dodge vehicle or any pre-owned vehicle sold by a Chrysler, Jeep, Dodge retailer
Toronto, ON (December 4, 2007) -– 'Tis the season for holiday shopping and today, Chrysler Financial and MBNA Canada Bank announced the launch of the Chrysler Rewards, Jeep Rewards and Dodge Rewards MasterCard credit cards, three new ways for consumers to drive home the points. Cardholders, whether they currently drive a Chrysler, Jeep or Dodge vehicle or aspire to, can earn points for everyday purchases and can redeem points toward the purchase price or lease price of a new or pre-owned Chrysler, Jeep or Dodge vehicle or related products and services.
The Chrysler Rewards, Jeep Rewards and Dodge Rewards MasterCard credit cards have no annual fee and give cardholders the opportunity to earn points faster. Not only do cardholders receive 1 Reward Point for every $1 in net retail spend for everyday purchases, they also earn 5 Reward points for every $1 in net retail purchase made at authorized Chrysler, Jeep and Dodge dealers. Consumers receive 2,500 Bonus Rewards Points after the first purchase. Plus, cardholders can enjoy a low introductory 1.9% Annual Percentage Rate for 6 months on Balance Transfers and access cheques.
"This is one of the most attractive automotive affinity cards in the market," said Gino Cozza, President and CEO, Chrysler Financial Canada. "Each dollar spent outside of a dealership earns a point and in-dealership spending earns five times that amount, which provides a very powerful customer loyalty benefit. And what makes our card so unique is that there are no limits on point redemptions for consumers."
Chrysler Rewards, Jeep Rewards and Dodge Rewards Points are redeemable for gift certificates and vouchers, which are obtainable online and can be used at participating Chrysler, Jeep and Dodge retailers towards:
- A down payment on the purchase price or lease price of a new or pre-owned vehicle
- The purchase of Mopar Parts and Accessories
- Chrysler Canada Service Contracts
- The purchase of any of Chrysler Financial's line of Worry-Free products
- The purchase of select Chrysler, Jeep or Dodge branded merchandise
- Payment of maintenance, repair or collision services at the dealership
Consumers can apply online by visiting www.chryslercreditcard.ca, www.jeepcreditcard.ca or www.dodgecreditcard.ca or by visiting their local Chrysler, Jeep, Dodge retailer for an application.
About Chrysler Financial Canada
Chrysler Financial offers a complete line of world-class automotive financial products and services for both retailers and consumers of Chrysler, Jeep and Dodge vehicles. As an industry leader in automotive financing, Chrysler Financial provides its customers with the most innovative and efficient methods of doing business. For more information on Chrysler Financial Canada visit www.chryslerfinancial.ca.
About MBNA Canada Bank
MBNA Canada Bank, a subsidiary of Bank of America Corporation, is the leading Canadian provider of co-branded and affinity credit card programs, endorsed by nearly 500 Canadian organizations. MBNA is the second largest MasterCard credit card issuer in Canada and with its subsidiary, CUETS Financial Ltd., MBNA is Canada's leading MasterCard credit card provider for credit unions. MBNA provides financial products and services throughout Canada from its headquarters in Ottawa. For more information, visit www.mbna.com.