Article

Elan Announces Two New Travel-Focused Consumer Credit Cards

May 02, 2023
A person holds a credit card over a packed suitcase.

Expanding its growing product suite, Elan Credit Card has added two new valuable products to the consumer lineup. The Visa® Travel Rewards+ and Visa® Reserve Rewards+ are impressive additions to help partners remain competitive and provide prospective cardmembers with high-value products to best meet their needs and lifestyle.

Visa® Travel Rewards+ Credit Card
The Travel Rewards+ product will offer prospective cardmembers rich travel rewards, including:

  • 4X Points on travel, entertainment & recreation purchases and at gas & EV charging stations1,2
  • 1.5X Points on all other eligible purchases
  • No caps or limits on points earned
  • Redeem for merchandise, gift cards, travel, or cash back3

Visa® Reserve Rewards+ Credit Card*
The Reserve Rewards+ product will provide cardmembers superior rewards that rival competitor affluent products. New cardmembers will enjoy:

  • 6X Points on travel booked through the Rewards Center4,2
  • 2X Points on all other eligible purchases
  • No caps or limits on points earned
  • Up to $100 in statement credits for the TSA PreCheck® or Global Entry® application fee5
  • Redeem for merchandise, gift cards, travel, or cash back3

“These travel credit cards allow our partners to offer best-in-class products that would be difficult to offer outside of the Elan partnership. Consumers continue to ask for travel-centric rewards options and these products allow financial institutions to deliver on that market need” said Matthew Carpenter, Partnership Development Market Director.

You may view the complete Elan Credit Card consumer and business product suites at any time. For more information about out outsourced credit card program, let us know below. 

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  1. You will earn 1.5 Points for every $1 in eligible net purchases charged to your Account during each billing cycle. In addition, you will earn 2.5 Points (4 Points total) for every $1 in eligible net purchases during each billing cycle from merchants classified in qualifying travel (such as purchases made directly from airlines, hotels, car rentalcompanies, taxicabs, limousines, passenger trains and cruise line companies), gas station, electric vehicle charging station, entertainment, and recreation category codes. Merchants classified as Entertainment include: most cinemas, theme parks, concert venues, professional sports venues, and qualifying ticket sellers. Merchants classified as Recreation include: sports and recreation facilities that charge membership fees, sporting goods stores, public golf courses, fitness centers, dance studios and schools, and ongoing fitness subscriptions. Purchases from third parties and consultants at these locations may not qualify. Purchases qualify for Points based on how merchants choose to classify their business and we reserve the right to determine which purchases qualify. Points expire five years from the end of the quarter in which they are earned.

  2. The Elan Rewards Program is subject to change. Rewards are earned on eligible net purchases. Net purchases are purchases minus credits and returns. Not all transactions are eligible to earn rewards, such as Advances, Balance Transfers and Convenience Checks. Upon approval, see your Cardmember Agreement for details. You may not redeem Points, and you will immediately lose all of your Points, if your Account is closed to future transactions (including, but not limited to, due to Program misuse, failure to pay, bankruptcy, or death).

  3. Reward points can be redeemed as a cash deposit to a checking or savings account with this Financial Institution only, which will be deposited within seven business days, or as a statement credit to your credit card account, which will be deposited within one to two billing cycles or as a Rewards Card ($25 minimum redemption).

  4. You will earn 2 Points for every $1 in eligible net purchases charged to your Account during each billing cycle. In addition, you will earn 4 Points (6 Points total) for every $1 in eligible net purchases spent on prepaid car rental, airline tickets and hotel reservations booked directly in the Rewards Center using your rewards credit card instead of Points. Purchases qualify for Points based on how merchants choose to classify their business and we reserve the right to determine which purchases qualify. Points expire five years from the end of the quarter in which they are earned.

  5. Certain terms, conditions and exclusions apply. You must complete either the Global Entry® and/or TSA PreCheck® application(s) and pay the application fee(s) with your Reserve Rewards+ Card. For complete details on the TSA PreCheck® program, including full terms and conditions, go to https://www.tsa.gov/precheck. The TSAPreCheck® trademark is used with the permission of the U.S. Department of Homeland Security. Upon approval, please refer to your Guide to Benefits for further details and full terms and conditions.

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*The Reserve Rewards+ card replaces the current Elite product for impacted partners. 

Current API offerings subject to change. Reach out to your account executive to confirm the most up to date information.

The creditor and issuer of these credit cards is Elan Financial Services, pursuant to a license from Visa® U.S.A. Inc.