Chase Card Services and Continental Airlines, today introduced the Continental Airlines TravelBank World MasterCard, which allows cardmembers to earn credits toward their next flight.
Instead of OnePass miles, cardmembers earn travel credits, which offer enhanced flexibility to be used for all or part of any flight purchased on continental.com. The earned travel credits are automatically collected in customers’ TravelBank accounts, where they can be redeemed at any time as TravelBank cash.
Cardmembers earn three percent for purchases made using the card on eligible cable, telecommunications and wireless purchases. In addition, cardmembers earn one percent for all other card purchases. Cardmembers also receive $50 toward their travel credits after their first card purchase.
‘The TravelBank card expands earning and reward options for our customers,’ said Mark Bergsrud, senior vice president, marketing programs and distribution, Continental Airlines. ‘With the TravelBank card, Continental is the first airline to offer its frequent flyer members the opportunity to earn and redeem both miles and dollar-based travel credits.’
‘Less frequent travelers want the flexibility to redeem their travel rewards whenever they want, and not have to wait until a higher threshold has been achieved,’ said Charles Chitty, senior vice president, Chase Card Services. ‘In partnership with Continental Airlines, we listened to consumers’ feedback and developed the Continental Airlines TravelBank World MasterCard to meet this need.’
Each year on the anniversary of their card opening, cardmembers who spend more than $10,000 in qualifying purchases receive $25 in travel credits deposited directly into their TravelBank account, as well as five Continental Currency coupons (valued at up to $25). These rewards can be redeemed for things such as in-flight beverages and headsets.