Continental Airlines, GM Launch First World MasterCards for Business
By Liz Morris
Continental Airlines and General Motors, in conjunction with Chase Card Services, launched new World MasterCard business credit cards yesterday. They are the first business credit cards to have the high-end “World” designation, which in general promises more perks for cardholders.
The Continental Airlines World MasterCard for Business offers double Continental OnePass® miles for ticket purchases made directly from Continental Airlines, as well as double miles on dining, gas and office supply store purchases. It also offers one OnePass mile per dollar on all other card purchases. There’s no limit to the number of OnePass miles a cardholder can earn, and the miles never expire.
The GM Business Card World MasterCard offers three percent back on gas purchases, dining, office supply stores and for GM dealers parts and service. It also offers a full one percent back on all other card purchases. These earnings can be applied towards the purchase or lease of more than 80 eligible GM vehicles, and the earnings can be used with most other GM incentives. Perhaps even more enticing for potential cardholders is the fact that there is no limit on the number of points that can be earned and no limit on how many can be redeemed toward an eligible GM vehicle. There’s also no annual fee.
In addition, both of these new business credit cards offer World MasterCard perks similar to those offered to consumers who carry World cards, including travel and concierge services, and no preset spending limits.