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- Norwegian Air partners with Synchrony and MasterCard to launch its first-ever rewards credit card in the US
- New rewards credit card offers a signup bonus of $100 Norwegian CashPoints
- Norwegian looking to tap on the massive potential of its 1.4 million members in the US
Norwegian Air’s low-cost carrier has launched a co-branded credit card for its US customers. The airline launched the credit card in partnership with the financial services company Synchrony and MasterCard.
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Norwegian introduces new reward credit card for US customers
The company is offering Norwegian Reward Card is linked to the Norwegian Reward loyalty program. Users will earn credit card rewards in the form of cashpoints. It is a massive milestone for the company that boasts over 10 million members globally. In the US alone, the company has over 1.4 million members.
Despite the Norwegian having been around for almost three decades as a low-cost carrier, it didn’t have a US credit card. It will be its first credit card in the US that travelers will use credit card points to book flights. Norwegian Air is among the popular airlines in the US, where customers have been using cash to book flights. They would equally use flier miles they receive for frequently flying with the airline.
Perks of the new Norwegian Rewards credit card
The no-fee card offers customers several benefits, which include a signup bonus of $50 in Norwegian CashPoints. It is on condition that the customer spends $500 within the first three months of receiving the card. Equally, there is a payback of 2% on Norwegian flights, 2% on grocery and dining, and 1% for another spending.
After spending $20,000 annually, customers will be eligible for a $ 100-anniversary bonus in CashPoints. There will be no foreign transaction charges, and cardholders will equally receive priority barding. Every purchase a customer makes at Hotels.com, eShop, Avis, and other partners will earn them 1% additional points.
Norwegian tapping the Massive US market
According to Norwegian’s Loyalty and Engagement Head Kristin Mollerplass, the US market presents massive potential because of the numbers. She added that it was one of their largest markets and one where they are experiencing substantial growth. Kristin said that the company wanted to tap the 1.4 million membership base because of its attractiveness.
Also Read: Prepaid Cards For Travel and Purchases
Kristin said that the no-fee card focuses on aspirational travelers. It is the lot that does not currently save for trips. However, with the credit card, they can earn a trip to Europe by putting their daily spend on the card.
According to a spokesperson, cardholders can use the CashPoints by checking the airline’s low fare calendar. It is easy to receive free flights fast with affordable fares. With the reward program and Norwegian’s low fares, it will be easy for customers to redeem the CashPoints. Most importantly, one can pay for the whole trip using the CashPoints, including surcharges and taxes.
Rebecca White is chief editor at CreditRaters.com. Rebecca has an extensive amount of knowledge on financial subjects including short-term loans & debt consolidation in the UK and USA. Rebecca has wrote for many publishers such as Debt Secret, My Money, VL and more.