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Chase Press Releases |
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Chase has several low interest and reward card products available for consumers as well as businesses. |
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Herbalife, Chase Encourage Healthy Lifestyle; Introduce New Visa Card for Product Purchases
Cardmembers Receive Two Reward Points for Every Dollar Spent on Herbalife Products; One Point for All Other Card Purchases
WILMINGTON, Del. - Jan. 24, 2006 -Today, Herbalife Ltd. [NYSE: HLF] and Chase [NYSE: JPM] launched the Herbalife Visa Card, which offers reward points on all purchases of Herbalife products, as well as everyday card purchases. Cardmembers receive two points for every dollar spent on Herbalife purchases and one point for every dollar spent on all other card purchases. Every time a cardmember accumulates 2,500 points, a $25 credit is automatically applied towards future purchases of Herbalife products. The program is available to Herbalife independent distributors in the U.S.
"This is a great tool to enhance the financial opportunity we already offer Herbalife independent distributors," said Rich Goudis, chief financial officer, Herbalife Ltd. "The Herbalife Visa Card offers our distributors the opportunity to be rewarded while building their businesses."
"Chase is pleased to offer this card to the thousands of Herbalife independent distributors nationwide," said Heather Philp, senior vice president, Chase Card Services. "The new card gives independent distributors the opportunity to earn rewards quickly with a low redemption threshold."
For more information, call 800-347-2292 or visit www.chase.com/applyherbalifevisa.
About Herbalife Ltd.
Herbalife is a global network marketing company offering a range of science-based weight-management products, nutritional supplements and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 60 countries through a network of more than one million independent distributors. More information can be found at www.herbalife.com.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The company has approximately 100 million credit cards issued. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
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