SEATTLE -- Nordstrom Inc. announced the.launching of a Visa credit card with incentives for shopping through catalogs and at stores owned by the Seattle-based retailer.

The Nordstrom dividends, credited annually, begin at 1% of the first $1,000 in purchases. They rise by 1% per $1,000, to 5% for $5,000 or more, with no ceiling. Cash advances, balance transfers, gift certificates, and fees are excluded from the calculation.

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