WILMINGTON, Del.--(BUSINESS WIRE)--Chase Card Services and Marriott Rewards® today announced the launch of the Marriott Rewards Premier Visa Signature® Business Credit Card designed for small business owners who travel frequently for business or pleasure. With the Marriott Rewards Premier Business Credit Card, small business owners have the ability to earn accelerated Marriott Reward points on all purchases, accumulate free night stays, and receive automatic Silver Elite Status once they become a cardholder. The card also offers EMV chip-and-signature technology, charges no foreign transaction fees and comes with a variety of travel and business benefits.
“Whether on the road to meet with customers or earning rewards toward a much deserved vacation, the Marriott Rewards Premier Business Credit Card helps small business owners make the most of their travels, their spending and their rewards,” said Sisy Vicente, general manager, Chase Card Services. “The card makes these trips much more rewarding for small business owners, with a point earnings structure and numerous benefits designed to meet their specific needs.”
With the Marriott Rewards Premier Business Credit Card, small business owners have the ability to earn Marriott Rewards points at an accelerated rate. Cardholders will earn:
- Five points per $1 spent at over 3,800 Marriott locations
- Two points per $1 on purchases at office supply stores, restaurants, on car rentals, airline tickets purchased directly from the airline, and cellular phone, landline, Internet and cable TV services
- One point per $1 spent on all other purchases
Cardholders receive 15 Elite credits every year–guaranteeing Silver Elite status–and earn one additional Elite credit for every $3,000 spent.
“We are delighted with this opportunity to better serve the travel needs of small business owners,” said Misha Lapcevic, Vice President, Marriott Rewards Partnerships. “With a generous value proposition and benefits exclusively designed to reward both frequent business travelers and those aspiring to travel for leisure, the new Marriott Rewards Premier Business Credit Card will provide them with yet another reason to stay with Marriott.”
The card also comes with travel insurance benefits, including trip cancellation, trip delay, lost luggage, baggage delay and auto collision damage waiver. Additional benefits include purchase protection insurance, including purchase security and extended warranty.
With the small business owner in mind, the Marriott Rewards Premier Business Credit Card offers free employee cards, consolidated monthly billing statements and quarterly management reports. The annual fee of $99 is waived for the first year.
Marriott Rewards Premier Business Credit Cardholders will receive 50,000 Marriott Rewards bonus points after the first purchase, one Free Night Certificate (category 1-4) after account approval and an additional Free Night Certificate (category 1-5) every year just for being a cardholder. For additional information regarding the Marriott Rewards Premier Business Credit Card, please visit http://www.marriottpremierbusiness.com.
Marriott International, Inc. (NASDAQ: MAR) is a leading lodging company based in Bethesda, Maryland, USA with nearly 3,800 properties in 72 countries and territories and reported revenues of over $12 billion in fiscal year 2012. The company operates and franchises hotels and licenses vacation ownership resorts under 18 brands. For more information or reservations, please visit our website at www.marriott.com and for the latest company news, visit www.marriottnewscenter.com.
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries worldwide. Chase serves more than 50 million consumers and four million small businesses through more than 5,600 bank branches, 19,000 ATMs, credit cards, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships. More information about Chase is available at www.chase.com and @Chase.