SOURCE: Allegiant Travel Company

Allegiant Travel Company

September 06, 2016 12:58 ET

Allegiant and Bank of America Announce New Allegiant World MasterCard® Credit Card Program

New Card Delivers More Points and Benefits

LAS VEGAS, NV--(Marketwired - September 06, 2016) - Allegiant (NASDAQ: ALGT) and Bank of America today announced a new relationship to launch the Allegiant World MasterCard® issued by Bank of America. The new card is available effective immediately.

This is Allegiant's first credit card program and it will allow cardholders to earn three points per dollar on Allegiant purchases, two points per dollar on qualifying dining purchases and one point per dollar on all other purchases. Points always keep their full value and can be redeemed at Allegiant.com for flights, hotel stays and car rentals.

"We at Allegiant are very proud to launch our first-ever co-branded credit card, the Allegiant World MasterCard® issued by Bank of America" said Brian Davis, Allegiant vice president of marketing. "Offering a credit card rewards our passengers and creates more opportunities for them to travel just by using their card for everyday purchases. It's the most important customer-facing initiative we have undertaken in many years."

The Allegiant World MasterCard offers great protection at chip-enabled merchant terminals with EMV Chip Technology and many benefits, including:

  • Three points per $1 spent on Allegiant purchases
  • Two points per $1 spent on qualifying dining purchases
  • One point per $1 spent on all other purchases
  • 15,000 bonus points after spending at least $1,000 in purchases within 90 days of account opening
  • Buy one, Get one airfare
  • Priority boarding and one free beverage onboard every Allegiant flight when a customer shows their Allegiant credit card

"Allegiant is committed to providing outstanding value, and we're pleased to partner with them on this new co-brand card that delivers attractive benefits, making travel easier than ever for consumers," said Michael Simpson, affinity and co-brand card executive at Bank of America. "Partnerships like the one with Allegiant remain an important part of our growth strategy, and ensure we are making connections and providing loyal clients with card programs that make their financial lives better."

For more information on the Allegiant World MasterCard, including terms and rates, visit Allegiant.com.

About Allegiant
Las Vegas-based Allegiant (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. The airline offers industry-low fares on an all-jet fleet while also offering other travel-related products such as hotel rooms, rental cars and attraction tickets. All can be purchased only through the company website, Allegiant.com. Beginning with one aircraft and one route in 1999, the company has grown to over 80 aircraft and more than 300 routes across the country with base airfares less than half the cost of the average domestic roundtrip ticket. For downloadable press kit, including photos, visit: http://gofly.us/iiFa303wrtF.

About Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,700 retail financial centers, approximately 16,000 ATMs, and award-winning online banking with approximately 33 million active accounts and more than 20 million mobile active users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

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