In addition, participants in the program receive extra bonus points each month for the loyalty of their best wine seller.
Pasadena, California, 8. December 2020, 6:00 PT – Grand www.verticalfinance.com World Mastercard® for wine lovers today announced an exciting new feature of wine innovator Vertical Finance (Reserve™). Members now receive three times as many bonus points as they pay with their credit card for purchases in a restaurant or bar, including removals and deliveries. This new feature rewards participants who support local restaurants and recognise the passion of wine lovers for discovering tasty dishes.
From now on, cardholders will also receive 2 extra bonus points for every dollar they spend each month on their best wine seller, depending on the volume of purchases. If the best-selling wine is Grand Reserve Partner, participants receive 5x points for the dollar plus 2 extra points for a total of 7x. If the first winemaker is not part of the Grand Reserve Partner Network, members receive 3x points per dollar plus 2 extra points, for a total of 5x.
As a special introductory offer, new members can earn 50,000 bonus points if they spend $3,000 or more within 90 days of approval and do not pay their annual membership fee ($149 per year after approval) in the first year. The introductory offer will be available for a limited time on a Grand Reserve World Mastercard specially designed for the introductory edition.
Grand Reserve World Mastercard members receive 5x points from over 450 Grand Reserve wineries, wine clubs and other Grand Reserve affiliates; 3x points from any winery, wine club, winery or liquor store, restaurant or bar; 2x points per dollar anywhere; and 2x extra points per dollar when you shop with your favorite wine merchant every month.
Cardholders can buy points for hundreds of sommelier items such as glasses, carafes, refrigerators, books and exclusive experiences at partner wineries. Vineyard visits, winemaker dinners and overnight stays are examples of rewards. Payments start at 750 points, and points earned can be redeemed immediately after the transaction.
We are pleased to be able to offer wine lovers an even more attractive range of benefits with the introduction of these new features on the Grand Reserve World Mastercard, says Matthew Goldman, founder and CEO of Vertical Finance. The new features are designed to support local restaurants and wine merchants and reward wine lovers – an ideal pair!
Grand Reserve members also enjoy various benefits, including free membership of the Priority Wine Pass (with discounts on tastings at hundreds of wineries on the West Coast) and access to exclusive events organised by Grand Reserve members. The Grand Reserve’s partner network includes 450 exceptional vineyards in ten states.
The Grand Reserve World Mastercard does not charge a commission for foreign transactions and offers a variable interest rate between 14.99 and 22.99% (based on the current base rate of 3.25%), depending on the applicant’s loan. As World Mastercard, the programme members also enjoy the following benefits: Zero Fraud Liability, Instacart Express, ShopRunner and Oneefinestay, as well as mobile phone security.
The Grand Reserve World Mastercard is issued by Celtic Bank, a Utah registered industrial bank and member of the FDIC. Consumers can apply for the Grand Reserve World Mastercard at grandreservecard.com.
About vertical financing
Vertical Finance is a young, high-tech company that uses credit cards. The company’s modern credit card platform offers customers high-quality stores and authentic rewards that improve their lifestyle. The Grande Réserve’s flagship programme rewards consumers who shop at wineries, wine clubs and merchants. Vertical Finance is 1% for Planet Company, a global network of companies, nonprofit organizations and individuals working together for a healthy planet, and allocates 1% of its gross revenue each year to approved nonprofit partners. Visit verticalfinance.com and grandreserverewards.com for more information. Consumers can contact the Grande Réserve via Instagram, Facebook and Twitter.
Disclaimer of liability
Vertical Finance reserves the right to change or discontinue its products or offers at any time without prior notice. The Grand Reserve World Mastercard operates on a reserve basis and is issued by Celtic Bank, an industrial bank registered in the state of Utah and a member of the FDIC. You must be an adult U.S. citizen of legal drinking age to qualify for certain rewards and/or experiences. We may offer certain services to users between the ages of 18 and 21 in connection with certain legal requirements relating to credit card issuers. We do not support the use of alcohol by minors or any other form of alcohol abuse.
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