The Chase unit of JPMorgan Chase ( JPM) and the United Airlines unit of UAL ( UALAQ) introduced the United Mileage Plus Business Awards Visa card, which rewards small businesses for purchases.
After their first card purchase, cardmembers earn 20,000 Mileage Plus bonus miles and 10,000 Perks Plus points. Cardmembers earn two miles for every dollar spent on United purchases and one mile for every dollar spent on all other card purchases. Anniversary bonuses are awarded each year including 5,000 bonus miles and two Red Carpet Club day passes. Businesses with five employees or more accrue Perks Plus points for every dollar spent on United travel. Perks Plus points are redeemable for travel certificates on United, United upgrades and other exclusive small business benefits. "With the introduction of the United Mileage Plus Business Awards Visa card, small business owners everywhere can earn rewards faster than ever before," said Joe Venuti, senior vice president, Chase's card services division. "Just by using one card, cardmembers earn miles for future United travel and Perks Plus points for a variety of exclusive benefits such as travel upgrades." "The United Mileage Plus Business Awards Visa card rewards small business owners for their loyalty to United," said Kenneth Feldman, United's vice president of Loyalty and e-commerce. "This is one more way that United is making it easier for small businesses to earn miles, upgrades, travel certificates and other valued incentives."