The Mercedes-Benz Visa Signature is a new card that offers a rewards program that allows cardholders to earn 1.5 reward points for every dollar spent on net monthly purchases, with up to ten reward points on Mercedes-Benz dealership transactions.
Cardholders can redeem their points for a variety of rewards, including airline travel, vacation packages, merchandise, gift certificates, Mercedes-Benz Credit monthly payments, Mercedes-Benz parts and service or charitable donations. Cardholders can also create their own rewards including hosting a wine tasting, or taking the family on a custom-designed vacation.
The alliance also provides Mercedes driver’s with the option of the Mercedes Benz Visa card, formally known as Mercedes Benz Visa Platinum card.
Our credit card partner, Bank of America, brings a powerful understanding of the credit card market to the table, said Kathryn Blake, director of Credit Card Services for Mercedes-Benz Credit. That, coupled with Mercedes-Benz Credit’s unique understanding of the Mercedes-Benz customer, enabled us to develop a unique product specifically designed with these customers in mind.
We feel our two rewards-based cards are among the strongest cards in a crowded market because we are responding directly to what Mercedes-Benz drivers told us they want in a card, Blake added.