Card Briefs: GTE Extends Deal with Associates National

Associates National Bank and GTE Card Services Inc. have extended their cobranding contract for 10 years.

The GTE/Associates MasterCard, a telephone card that offers points on revolving balances, was rolled out in 1992 and has 1.2 million accounts.

The card will continue to have no annual fee. Interest rates, which are on average at prime plus 10%, will remain the same.

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