National City Corp. has introduced a credit card that rewards customers with free travel on domestic and international airlines with no blackout dates.
The FirstAir Visa gives customers one point for each dollar they spend and lets them start cashing in rewards once they accumulate 20,000 points. People get 5,000 points for signing up for the card, which has a six-month teaser rate of 6.9%.
National City said FirstAir Visa is different from other cards of its ilk because it is not tied to a particular airline and does not restrict when travel rewards can be used.
Free tickets can be issued in anyone's name-not just the cardholder's- and frequent-flier benefits accrue to the ticket holder's account.
National City "will aggressively promote the product through direct mail, telemarketing, and direct sales campaigns in branches and through the telephone banking centers," said A. Joseph Parker, executive vice president of consumer finance.