MINNEAPOLIS--(BUSINESS WIRE)--Jul. 9, 2009--
U.S. Bank, the sixth-largest bank in the United States, and TACA
Airlines, a premiere airline serving North, Central and South America,
have partnered to offer the DISTANCIA Visa® and DISTANCIA Visa®
Signature credit cards. These cards will dramatically accelerate the
benefits and value of the customer’s DISTANCIA frequent flyer membership.
“TACA is a world-class airline that is recognized as best in class for
its service to North, Central and South America, Mexico and the
Caribbean. We welcome them to the U.S. Bank family and look forward to
serving their loyal customers,” said Pat Coll, executive vice president
of U.S. Bank Retail Payment Solutions.
DISTANCIA is the frequent flyer loyalty program of TACA Airlines, which
has several hundred thousand members in the United States. DISTANCIA
Visa customers will earn one mile for every dollar spent in purchases
with the card. Special to this card program is an excess luggage
redemption discount, which is particularly meaningful for travelers
given the airline industry excess luggage fees. Benefits available only
on the DISTANCIA Visa Signature® card include: double miles on TACA
Airlines purchases; no preset spending limit; 24-hour complimentary Visa
Signature Concierge Service; special offers from the finest hotels,
resorts, retail and travel providers; advance ticket sales and preferred
seating at popular events; complimentary Zagat® Survey restaurant
ratings and reviews; and travel and emergency assistance services
including roadside dispatch.
“We are pleased to be partnering with U.S. Bank, an organization that
shares our passion for providing value via a great customer experience
and a personal touch. Through the collaboration and combined experience
of our teams, our new DISTANCIA Visa credit card is a product we believe
will meet the specific needs of our target market,” said Matthew
Vincett, commercial vice president of TACA Airlines. “The new DISTANCIA
Visa will be the only credit card available to U.S. residents that
awards DISTANCIA Miles.”
TACA is giving away 10 passes to fly free for a year as part of a
sweepstakes promotion to launch the new card program. For more
information about the sweepstakes and to learn more about the DISTANCIA
Visa cards, visit distanciavisa.com.
TACA is in eight major metropolitan areas in the United States: Los
Angeles, San Francisco, Chicago, Dallas, Houston, New York City (JFK),
Washington D.C. (Dulles) and Miami. Based in El Salvador, TACA
(Transportes Aéreos del Continente Americano or Air Transports of the
American Continent) flies to 40 destinations in 23 countries in North,
Central, South America and the Caribbean, including daily flights to
eight of the largest cities in the United States and Toronto, Canada,
with hubs in El Salvador; Lima, Peru; and San Jose, Costa Rica. To learn
more, visit taca.com.
U.S. Bank has partnered with the airline industry with more than 30
years issuing, processing and acquiring of consumer, business and
corporate cards for more than 40 airlines.
U.S. Bancorp (NYSE: USB), with $264 billion in assets, is the parent
company of U.S. Bank, the 6th largest commercial bank in the United
States. The company operates 2,847 banking offices and 5,183 ATMs in 24
states, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services products to
consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.
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Source: U.S. Bank
Teri Charest, 612-303-0732 (U.S.)
Claudia Arenas, +011-502-2279-5700 (Guatemala)