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Barclaycard and InterContinental Hotels Group launch new premium reward credit card

06 Mar 2012 15:31 GMT

Barclaycard, in partnership with InterContinental Hotels Group (IHG), has announced the launch of its Priority Club® Rewards Black Visa card.

Available now, the new card offers Priority Club Rewards members the chance to earn more points on hotel stays and purchases which can then be redeemed for free nights or hundreds of other rewards.

The new credit card is an extension to the hugely successful Priority Club Rewards Visa card and existing cardholders can instantly upgrade through an innovative online tool in the ‘my account’ section of www.priorityclub.com /ukvisa.

Black Visa cardholders are rewarded with double the amount of points compared to the standard Visa card, earning them four points for every £1 spent at IHG hotels and two points for every £1 spent elsewhere. Cardholders will also earn a free night voucher valid at over 4,400 properties for each year they spend more than £10,000 on the card. Cardholders can redeem free nights from as little as 10,000 points with luxury hotels such as Crowne Plaza or InterContinental available from 25,000 and 30,000 points respectively.

To celebrate the launch, anyone who signs up to a Black Visa card will earn 20,000 bonus points when they make their first purchase within the first three months.

Tina Schembri, Managing Director of Partnerships at Barclaycard said: “We are delighted to be able to extend our partnership with InterContinental Hotels Group and give customers the chance to earn double the rewards. The new Black Visa card is one of the most rewarding cards available on the market and offers real benefits and great value for money whether customers are travelling for business or leisure.”

Priority Club Rewards is now the world’s largest hotel loyalty programme with 60 million members worldwide and in addition to free hotel nights (inclusive of all taxes); cardholders can redeem points on a variety of rewards including air miles, high street shopping vouchers or experience days.

Mark Shepherd, Director, Partnership Programs, IHG said: “Barclaycard has been genuinely passionate about our partnership from the start and our co-branded credit relationship continues to go from strength to strength. They recognise the importance of our brand and our goal to deepen the relationship with our membership base. They have helped us bring innovative, insightful solutions to our customers, like the launch of our Priority Club Rewards Black card.”

There is a £99 annual fee and the Priority Club Rewards Black Visa comes with 0% interest on balance transfers for the first 12 months with an APR of 39.7%. Those transferring balances will incur a 2.99% handling fee.

Click here for full details of the card and to apply online


Barclaycard, part of Barclays Retail and Business Banking, is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed.

The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future.  It also issues credit and charge cards to corporate customers and the UK Government.  Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.

In addition to the UK, Barclaycard operates in the United States, Europe and Africa.

Key facts published in February 2013;

 

-          total number of Barclaycard customers: 28.8m

-          number of retailer/merchant relationships: 89,000

-          Total payments processed: £240bn