(BSNS WIRE) NextCard Internet Visa and BizRate.com Introduce Powerful Cr NextCard Internet Visa and BizRate.com Introduce Powerful Credit Card for Online Shoppers Business Editors/High-Tech Writers SAN FRANCISCO and LOS ANGELES--(BUSINESS WIRE)--Oct. 20, 1999-- Online Shoppers to Benefit From Agreement Between Leading Internet Visa and Premier Online Consumer Resource In a continuing effort to provide eCommerce services for the Internet consumer, NextCard (Nasdaq:NXCD), creator of the First True Internet Visa, and BizRate.com (www.bizrate.com), the leading e-business ratings site, today announced an exclusive Internet marketing agreement featuring the BizRate.com NextCard Visa. "Combining the buying power of the BizRate.com community with the value-added eCommerce services of the NextCard creates a unique opportunity for an innovative and distinctive product," said Dan Springer, chief marketing officer at NextCard. "This agreement with BizRate.com is yet another example of NextCard's strategic initiative to target attractive Web audiences and provide them industry leading functionality." "BizRate.com's mission is to arm online consumers with the tools they need to make the best buying decisions on the Internet," said Farhad Mohit, president and CEO of BizRate.com. "This partnership with NextCard provides consumers with a more integrated product designed specifically for all their online shopping needs. With NextCard's guarantee for safe shopping and robust online services, consumers can buy with confidence on the Web." BizRate.com members can enjoy shopping rebates, up to 25 percent, when buying through BizRate.com's comprehensive shopping Web site featuring 1,900 customer-rated online stores. "Vendors are willing to pay BizRate.com an affiliate fee for referring customers to their site," said Mohit. "As an unbiased consumer resource, we don't keep that fee. Instead, we pass the savings on to our members as a rebate on every purchase." BizRate NextCard Visa holders can have their rebates automatically posted to the credit card account monthly. Cardholders will also receive exclusive NextCard privileges, including valuable online shopping services, the NextCard Concierge(SM) online companion and a 100% Safe Online Shopping Guarantee. The card will also feature custom product offers online, fixed rates as low as 9.9% APR, automated balance-transfers and 24-hour interactive online service and support. Consumers may apply for the card directly at www.bizrate.com. NextCard, Inc. NextCard, Inc. (http://www.nextcard.com), creator of The First True Internet Visa in 1997, is considered the industry's leading issuer of consumer credit on the Internet. The company has continued to innovate with its complete GoShopping!(SM) Web site, NextCard Concierge, personalized PictureCard(SM) design and exceptional online customer service. NextCard publishes the NextCard eCommerce Index(SM), the premier source of online transaction activity and was named a "HOT 100 Company" by Upside magazine and one of "The Standard 100" most important and influential companies in the Internet economy by The Industry Standard magazine. About BizRate.com Founded in 1996, BizRate.com (www.bizrate.com) is an unbiased, independent rating guide built on the experience of millions of actual online buyers. The BizRate.com site combines valuable consumer information with a powerful set of shopping tools that help people find the store or product they want, as well as offer recommendations based on user-specified criteria. BizRate.com is the only company trusted by more than 1,900 e-businesses to collect this direct consumer feedback and transactional information at the point-of-purchase. The online store performance ratings, derived from this data, denote the only statistically rigorous way of differentiating retailers on "quality of service" metrics. BizRate.com's information will appear on Consumer Reports Online and in Consumer Reports magazine and is currently available through top Internet portals such as America Online, Microsoft Network, Go Network, Snap and Go2Net. --30--mtl/sf* mi/sf CONTACT: NextCard Michelle DesMarais, 415/836-9792 michelle.desmarais@nextcard.com or BizRate.com Tran Vu, 310/305-3506 ext. 149 tran@bizrate.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE INTERNET PRODUCT ADVERTISING/MARKETING Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |