OH-based Charter One Financial has introduced a unique debit card affinity program that supports eight charities. Each of the eight charities will have a distinctive card bearing the philanthropic organization’s respective logos and images. Charter One is also making two additional cards available: a generic “Make-A-Difference MasterCard”, for those who wish to give anonymously without displaying the choice charity logo; and a special card called “ONE FOR ALL” that supports all of the charity organizations within the program. Charter One will also allow existing customers to convert to a “Make-A-Difference” card from the “MegaRewards MasterCard” debit card. The participating charitable groups include: Make-A-Wish Foundation, March of Dimes, Mothers Against Drunk Driving, Leukemia and Lymphoma Society, Muscular Dystrophy Association, Big Brothers Big Sisters of America, Cure Search – National Childhood Cancer Foundation, and the Elizabeth Glaser Pediatric AIDS Foundation.
Charter One Financial has introduced the “FlexCash MasterCard.” The new card can be loaded with any dollar amount between $25 and $500 and is valid and usable until either all the purchased monetary value is used or at the expiration date of the card. The card is disposable and may not have any additional value added to it. The card issue fee of $5.95 will be waived through the end of the year as part of an introductory promotion. Charter One also issues “MegaRewards,” “MegaRewards Business,” and the “SmartBusiness OneCard,” a delayed-debit card.
OH-based Charter One Financial has unleashed the “MegaRewards Business” program for its business debit cardholders. The card enhancement eables users of Charter One’s “SmartBusiness” or “Smart Business OneCard” to earn points toward free merchandise and travel benefits for every signature or non-PIN purchase they make. Under the “MegaRewards Business” program, Charter One small business checking customers will earn one point for every dollar they spend on a non-PIN MasterCard debit card transaction. Business customers can earn up to 10,000 points per month and a maximum of 100,000 per year. Points are valid for three years. Points can be redeemed for merchandise and travel on any airline. There is a $25 membership fee for the program annually that will be automatically deducted from each member’s checking account. The fee includes all enrolled cards on the same checking account. The annual fee is automatically waived for business customers who are active users of Charter One’s online bill payment program. In December 2000, the company was among the first in the nation to introduce a similar program for consumers.