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BB&T introduces rewards program for business credit card clients

Jun 16, 2003

WINSTON-SALEM, N.C.

Small business owners now have another reason to consider the nation’s No. 2 “small business-friendly” bank.

With a BB&T Business Credit Card, they can earn airline tickets, hotel accommodations, rental cars, gift certificates and catalog merchandise through the new BB&T Business TravelPoints program.

Here’s how it works:
 Businesses earn 1 point for every dollar spent (includes a 1,000-point sign-up bonus)
 For 10,000 points, they earn $100 in merchandise (with additional categories of merchandise up through 120,000 points)
 12,000 points – $100 gift certificate for shopping, dining and entertainment or $100 toward hotel stays, car rentals, cruises and vacation packages
 15,000 points – $125 gift certificate toward cost of an airline ticket
 35,000 points – roundtrip airfare in continental United States
 45,000 points – add Alaska, Mexico and Canada
 70,000 points – add Hawaii, Europe and South America
 100,000 points – add Asia and Australia

“This is a product designed to provide even more value to our business clients,” said Bud Tremblay, manager of BB&T’s Bankcard & Merchant Services division. “Hard-working small business owners and their employees certainly deserve any rewards we can offer.”

Businesses can track points online or by calling a toll-free number. Points are awarded to the company rather than the individual cardholder and expire after three years.

The BB&T Business TravelPoints annual membership fee is $59. To sign up, visit any BB&T branch. Or for more information, call the Commercial Card Client Service Center at 1-800-397-1253.

The BB&T Visa Business Credit Card is accepted at more than 28 million vendors worldwide and more than 627,000 Visa ATMs in 144 countries. It also offers free reporting options, security protection, expanded warranty periods and 24-hour travel assistance among several other benefits.

BB&T Credit Card Connection offers cardholders online access to their accounts with detailed transaction information.

For the past five years in a row, BB&T has been named one of the top two “small business-friendly” financial institutions in the nation by the U.S. Small Business Administration.

Winston-Salem, N.C.-based BB&T Corporation operates more than 1,100 banking offices in the Carolinas, Georgia, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Florida, Alabama, Indiana and Washington, D.C.

With $79.6 billion in assets as of March 31, BB&T Corp. is the nation’s 14th largest financial holding company. BB&T was recently named to the Forbes Platinum 400 list of America’s “Best Big Companies” for the fourth year in a row.

BB&T and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust. More information is available at www.BBandT.com.

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For more information contact: Bud Tremblay
Executive Vice President
Bankcard & Merchant Services
(252) 296-7060Jeff Nichols
Vice President
Public Relations
(336) 733-1007

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