DETROIT, April 20 /PRNewswire/ -- Comerica Bank today announced the launch of a new line of credit card products that will include cards with reward options for consumers and a credit card designed especially for small businesses.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
The new credit card product line was developed through Comerica's alliance with Elan Financial Services.
"Comerica customers now have more choices when selecting the credit card that best fits their needs," notes Cassandra McKinney, senior vice president and national product and sales management director. "Customers can apply for the cards online, over the phone or at any banking center and will see fast turnaround times on their applications in addition to great customer service."
The new credit card line includes:
* a Visa Platinum with no annual fee provided the customer makes at least one purchase per year;
* a Select Rewards Visa Platinum which allows points to be redeemed for merchandise, certificates and travel coupons;
* a Cash Rewards Visa Platinum that gives you the option of earning up to $350 per year in cash rebates;
* a Travel Rewards Visa Platinum that gives you one point for every net purchase dollar spent on the card and allows you to fly for as little as 25,000 points or redeem points for gift certificates and merchandise;
* a College Rewards or Young Adult card that allows college students or young adults at least 16 years old to establish credit;
* a Visa Signature which allows you to fly on any airline for as little as 25,000 points and with no blackout dates or seat restrictions; and
* a MasterCard® Small Business Credit Card with flexible billing options.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Detroit, strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica's approximately 10,800 employees focus on relationships, and helping people and businesses be successful. Comerica Bank locations can be found in Michigan, California, Texas, Arizona and Florida, with select businesses operating in several other states, Canada and Mexico. Munder Capital Management and Comerica Securities are investment services affiliates. Comerica reported total assets of $56.4 billion at March 31, 2006. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOSOURCE: Comerica Bank
CONTACT: Michigan: Kathleen A. Pitton, +1-313-222-4916, California:
Barry Holtzclaw, +1-408-556-5111, or Texas: Sally Crocker, +1-214-969-6491,
all of Comerica Bank
Web site: http://www.comerica.com/
