eBay Introduces Platinum Visa Card
eBay Teams Up With First USA to Offer Convenient and Collectible Way to Pay
SAN JOSE, Calif. September 22, 1999eBay® (NASDAQ: EBAY; www.ebay.com), the world's leading person-to-person online trading community, and First USA, the world's largest Visa credit card issuer, today announced the availability of the eBay Platinum Visa credit card. The eBay credit card is an ideal method of payment for both online and offline purchases and can be applied for online at http://card.ebay.com.
"The eBay credit card is a passport for collectors that allows them to travel throughout eBay and the offline world with special benefits and discounts," said Brian Swette, senior vice president of marketing at eBay. "We designed the card to celebrate the eBay community's passion for collecting and to simplify the trading experience for eBay's millions of users."
Benefits of the eBay Platinum Visa Credit card include:
- Automatic payment, allowing card holders to have their monthly eBay invoices billed directly to their eBay Visa credit account. Card holders who file for automatic payment receive a one-time $10 credit towards their eBay account;
- Two creative designs featuring either the eBay Apple-man character or the distinctive and colorful eBay logo, making the card a sure-fire future collectible;
- Five percent discount on books and magazines published by Krause Publications, the world's leading hobby publisher. Krause offers 37 periodicals in 12 collectible and hobby fields, including the new eBay Magazine, and more than 500 books in those same fields. This offer is available only to eBay Visa card holders who order online at www.krause.com;
- Five percent discount on tickets for eBay and Krause trade shows and on merchandise at the online eBay store (www.ebaygear.com) for purchases of $25 or more;
- Choice of a free watch, featuring eBay's Apple-man character or an eBay retro-radio, after the completion of the first transaction using the card;
- Online shopping guarantee that protects card holders' from unauthorized online transactions being charged to their account;
- Quick and easy online application procedure that can have the customer conducting e-commerce transactions in minutes, if the applicant satisfies eligibility requirements.
The eBay Platinum Visa card also includes low introductory APR of 3.9 percent on purchases and balance transfers; travel accident insurance with coverage up to $1,000,000; auto rental collision insurance; emergency airline ticket replacement; and $3,000 lost luggage protection.
About First USA
First USA (www.firstusa.com), a subsidiary of Bank One Corporation, is the world's largest Visa credit card issuer. First USA offers credit cards for consumers and businesses under the First USA, First Card and Bank One names and on behalf of more than 2,200 marketing partners. Bank One Corporation is the nation's fifth largest bank holding company with assets of more than $256 billion.
About eBay
eBay (www.ebay.com), the world's personal trading community,pioneered person-to-person online trading. Founded in 1995, eBay has developed an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. eBay has more than 5.6 million registered users. Currently, there are more than 2.6 million items listed for sale. More than 300,000 items are added daily in more than 1,600 categories, including: antiques; books, movies and music; coins and stamps; collectibles; computers; dolls and
figures; jewelry and gemstones; photo and electronics; pottery and glass; sports memorabilia; and toys.