The Asian American Hotel Owners Association (AAHOA), the largest hotel owners association in the world will be offering a co-branded MasterCard with First Bankcard.
First Bankcard, a division of First National Bank of Omaha and AAHOA will offer the Business Edition with Absolute Rewards MasterCard, as well as the Commercial Edition MasterCard.
The new card program will provide AAHOA members with a cash flow management program to control and manage business spending with 24-hour online account access, reporting, account alerts and notifications. Additional business benefits include travel and emergency services, travel accident and lost luggage insurance, product warranty benefits and automatic savings at participating merchants. AAHOA members can select between earning maximum rewards for business spending and optimizing cash flow based on their size and specific business needs.
The Business Edition® with Absolute Rewards® MasterCard® can help hotel owners finance large equipment purchases, such as property renovations, and allows them to earn 1.5 points per dollar spent on all purchases. Reward points can be redeemed for travel, cash back as statement credit, gift cards or merchandise.
The Commercial Edition® MasterCard® provides optimal cash flow opportunities with higher credit lines and increased profits from revenue share. AAHOA members earn cash back to their bottom lines on all eligible business purchases.
Founded in 1989, AAHOA is the largest hotel owners association in the world, with over 14,000 small business owner-members. AAHOA members own more than 20,000 properties amounting to more than 40 percent of all hotels in the United States and employ nearly 600,000 workers, accounting for over $9.4 billion in payroll annually.
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