BENTONVILLE, Ark.--(BUSINESS WIRE)--Nov. 11, 2004--SAM'S CLUB announced today it is launching the new Business All-In-One Card, combining the buying power of membership and credit into a single card. The new card will be offered to SAM'S CLUB Business Members and Business Plus Members throughout the U.S.
SAM'S CLUB and GE Consumer Finance have teamed to build multiple benefits into the Business All-In-One Card, including choice of payment due date, 24-hour online account management, itemized billing statements, no annual fee and zero fraud liability. The card can be used at SAM'S CLUB, Wal-Mart, samsclub.com and Wal-Mart Neighborhood
Markets.
Small businesses are important to us because they are the driving force of our economy, said Cara Kinzey, vice president of membership for SAM'S CLUB. The Business All-In-One Card gives small businesses tremendous financial flexibility, and allows multiple authorized buyers for added convenience. This program is a great addition to the suite of financial services SAM'S CLUB offers its business customers.
Applications are now available at SAM'S CLUB, and those approved for the Business All-In-One Card can get their cards at the Member Services desk at SAM'S CLUB. Members can learn more at samsclub.com under the SAM'S CLUB Credit section. We're excited to work with SAM'S CLUB to introduce the Business All-In-One Card, said Margaret Keane of GE Consumer Finance- Americas. The application process is easy, and we hope small companies everywhere will take advantage of the card's wide range of benefits.
About SAM'S CLUB
SAM'S CLUB (samsclub.com), a division of Wal-Mart Stores, Inc., is the nation's largest warehouse chain in the United States serving small business owners and operators. The purchasing agent of choice, SAM'S CLUB provides every day low cost to more than 46 million entrepreneurs and consumers.
About GE Consumer Finance
GE Consumer Finance, a unit of General Electric Company, with $122 billion in assets, is a leading provider of credit services to consumers, retailers and auto dealers in 41 countries. GE Consumer Finance, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance.
More information about GE Consumer Finance can be found at www.geconsumerfinance.com.
GE (NYSE:GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. More information about GE can be found online at www.ge.com.
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CONTACT: SAM'S CLUB
Jolanda Stewart, 479-277-8223
or
GE Consumer Finance
Peter Tosches, 203-585-6701
Copyright Business Wire 2004
Cristy Williams
[email protected]
678.518.2596