Best Buy Canada launches Reward Zone Visa(R) program with partner Chase Canada

Attention Business/News/Retail Editors

TORONTO

and

BURNABY, BC

,

/CNW/ - Best Buy Canada,

Canada's

fastest-growing specialty retailer and e-tailer of consumer electronics, and Chase Card Services Canada, a division of

JPMorgan Chase & Co.

(NYSE: JPM), announce the official launch of a new and unique credit card rewards program. The Best Buy Reward Zone(TM) Visa(R) card from

Chase

awards customers with points when purchases are made at any Canadian Best Buy store, on

www.bestbuy.ca

and at over 29 million locations where Visa(R) is accepted.

"At

Best Buy

, we recognize the importance of rewarding our customers," said

Charles Tobin

, senior vice president, Best Buy Canada. "With the Reward Zone(TM) Visa(R), customers will earn points faster and get the rewards they want sooner than almost any other program in

Canada

."

"We are excited to give our Canadian customers more opportunities to earn rewards that fit their needs and lifestyles," said

Andrew Pilkington

, president, Chase Card Services Canada. "As Chase Card Services is expanding its credit card program in

Canada

, we are looking forward to providing Canadians with more choice in credit cards and valuable rewards."

With no annual fee, the Reward Zone(TM) Visa(R) provides customers with the benefits of a Visa(R) credit card, in addition to one reward point for nearly every

spent on purchases where Visa(R) is accepted and two points for nearly every

spent on purchases at any Canadian Best Buy store or

www.bestbuy.ca

.

Customers are able to redeem points for reward certificates (available in

,

, and

denominations) that can be applied toward future in-store purchases. In addition to earning points, program members will also receive exclusive in-store offers, promotions, pre-sale and entertainment bonuses.

For information about the Best Buy Reward Zone(TM) Visa(R) card from

Chase

or to enroll, visit your nearest

Best Buy

store or log on to

www.rewardzonevisa.ca

.

About

Best Buy

Best Buy

stores in

Canada

are a division of

Burnaby, BC

-based

Best Buy Canada Ltd.

, a wholly owned subsidiary of

Best Buy Co., Inc.

(NYSE:BBY).

Best Buy

is

Canada's

fastest-growing specialty retailer and e-tailer (

www.bestbuy.ca

) of consumer electronics, personal computers and entertainment software and also operates the Geek Squad (

www.geeksquad.ca

). There are currently 52 stores in

British Columbia

,

Alberta

,

Saskatchewan

,

Manitoba

,

Ontario

,

Quebec

and

Nova Scotia

.

Best Buy

offers consumers a unique shopping experience with the latest technology and entertainment products, at the right price, with a no-pressure (non-commissioned) sales environment. The Company is committed to kids and communities, supporting non-profit organizations that help youth develop their skill set, discover their talents and sustain a lasting interest in education.

For more information about

Best Buy

, including store locations, visit

www.bestbuy.ca

About

Chase Canada

Since 1965,

JPMorgan Chase

has provided Corporate and Investment Banking products and services to the Canadian market under the JPMorgan brand. In 2005, the company expanded and became the credit card issuer of the Sears MasterCard and Sears Card in

Canada

. Now, the company also offers the Marriott Rewards Platinum Visa Card, the Chase Gold MasterCard and the Canadian Cancer Society MasterCard under the Chase brand.

JPMorgan Chase

employs more than 1,600 Canadians in its offices in

Surrey, B.C.

,

Toronto

and

Ottawa, Ontario

.

or to book an interview, please contact:

Scott Morris

(for

Best Buy

), (778) 997-3750,

scmorris@bestbuycanada.ca

;

Gail Hurdis

(for

Chase

), 1-800-955-8010, press 1, then ext. 22553,

gail.hurdis@chase.com

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER