Toyota Financial Services introduces Toyota Rewards Visaฎ to help consumers buy and maintain their vehicles.
Wayne Gerdes –
CleanMPG – Oct. 14, 2008
Previously announced Lexus Rewards. The new Toyota Rewards is not quite as lucrative but is a worthwhile addition "
if" you actually need a credit card "
and" pay off your entire bill at the end of every month.
Torrance, CA - Americans' spend nearly 18 cents of every dollar they earn on transportation with the majority going to car ownership and maintenance. Because our vehicles consume such a large percentage of our earnings, Toyota Financial Services has created a new program to help Toyota owners reduce their own cost of ownership. Along with the recently announced 0% purchase incentives on certain Toyota vehicles, a new Toyota Rewards Visaฎ is now available. The card is issued by Toyota Financial Savings Bank and is designed to allow qualified members turn everything they purchase into Toyota Rewards Points redeemable toward service, parts, accessories or an
eligible Toyota vehicle purchase at participating Toyota dealerships.
"Already a leading provider of automotive financial services, TFS is extending its line of financing products to U.S. Toyota customers and dealers with the new rewards credit card option," said Mike Wells, Group Vice President of Toyota Financial Services. "Toyota consumers are incredibly loyal, and we're rewarding them by offering another smart financial management tool to help them get more out of their Toyota relationship. At a time when many consumers require extra saving and spending power, the Toyota Rewards Visa is the card that gets them more. Qualified consumers can obtain a card and redeem rewards earned through everyday purchases and use them on their Toyota vehicles."
Purchasing anything and everything on your Toyota Rewards Visa earns Toyota Visa Card members Toyota Rewards Points redeemable toward Toyota service, parts, accessories, or an eligible vehicle purchase or lease at participating Toyota dealerships.
Benefits- Special introductory APR on all new purchases for the first six months of card ownership.
- No limit on how many Toyota Rewards Points you can redeem toward your next eligible Toyota.
- Redeemable toward eligible purchase or lease at participating Toyota dealers.
- Earn 5 Toyota Rewards Points for every $1 spent at participating Toyota dealerships.
- Earn 1 point for every $1 spent everywhere else that Visa is accepted.
- Receive 2,500 bonus Toyota Rewards Points upon first purchase redeemable toward next eligible dealership purchase.
- No annual fee for the Toyota Rewards Visa
Visit
Toyota Visa Rewards Visa or call 866-614-8845 for complete details. For more information on Toyota Financial Services' competitive financing, visit
www.toyotafinancial.com.
“For every dollar you spend, you receive 1 point as stated in the Rewards Card agreement which means if you spend $10,000, you have 10,000 points or $100 available to use at a participating Toyota dealership on your next new car, parts or service purchase,” said Holly, a Toyota Financial Services representative. “Toyota Visa users do not have a current time limit to increase their points or a limit of the total amount of points they can redeem towards purchase of a Toyota vehicle, parts or service from a participating Toyota dealership.”
On approved credit. Terms, conditions and restrictions apply and are fully described in the Toyota Rewards Card member Agreement and the Toyota Rewards Program Terms and Conditions. For more information, visit
Toyota Rewards Visa. To qualify, you must have a valid permanent home address within the 50 United States or District of Columbia. Redemption only available at participating Toyota dealerships in the continental United States and Alaska. Toyota Rewards Points cannot be redeemed for cash.
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