New Orbitz Visa Credit Card Powered by Capital One No Hassle Rewards Offers Orbitz Travelers Triple Travel Rewards

Date : 06/03/2008 @ 7:00AM
Source : PR Newswire
Stock : (COF)
Quote : 37.56  -4.13 (-9.91%) @ 8:00PM
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New Orbitz Visa Credit Card Powered by Capital One No Hassle Rewards Offers Orbitz Travelers Triple Travel Rewards

Travelers Now Earn Triple the Travel Rewards by Booking Eligible Travel on Orbitz.com

CHICAGO, June 3 /PRNewswire-FirstCall/ -- Orbitz Worldwide (NYSE:OWW), a leading global online travel company, today introduced the new Orbitz Visa Credit Card powered by Capital One No Hassle Rewards, a new credit card that makes it easy for travelers to earn triple Capital One No Hassle Rewards points by booking airfare, hotel accommodations and vacation packages on Orbitz.com.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO)

The new Orbitz Visa Credit Card lets consumers accumulate and redeem travel rewards points quickly by offering one point per dollar spent on purchases and rich bonus options. Cardholders can choose from a variety of Capital One No Hassle Rewards options including travel on Orbitz.com, cash, gift cards and name brand merchandise without having to worry about point caps, annual fees, or foreign transaction fees.

"Our customers love to travel and tell us that they want to earn travel rewards points for doing so," said Tom Russell, Group Vice President of Brand Marketing, Orbitz Worldwide. "Our partnership with Capital One allows us to provide a straight-forward rewards credit card with outstanding earning potential and redemption options."

In addition to the triple Capital One No Hassle Rewards points customers earn by booking eligible travel on Orbitz.com, credit card users also receive the following benefits:

Points for purchasing air plus 7-night hotel package for a family of four from Chicago to Cancun on Orbitz.com: Cost $3,000

Capital One No Hassle Rewards $3,000 x 3 points = Points earned: 9,000 points

Booking bonus points for 2,000 points purchasing an eligible vacation package on Orbitz.com:

Total Capital One No Hassle 11,000 points Rewards Points earned:

"We're proud to partner with Orbitz to provide their customers a rich credit card rewards experience," said Jim Banta, Managing Vice President of Partnerships, Capital One Financial Corporation. "Orbitz customers will earn points fast, and redeem them without hassles, which is a winning combination."

For more information or to apply for the credit card visit: orbitzvisacard.orbitz.com.

About Orbitz:

Orbitz (http://www.orbitz.com/) is a leading online travel company that enables travelers to search for and purchase a broad array of travel products, including airline tickets, hotel rooms, rental cars, cruises and vacation packages. Since launching its website http://www.orbitz.com/ to the general public in June 2001, Orbitz has become one of the largest online travel sites in the world based on gross travel bookings. On Orbitz, consumers can search more than 80,000 suppliers worldwide including airlines, hotels and car rental companies. Orbitz is a brand that is owned and operated by Orbitz Worldwide (NYSE:OWW).

About Orbitz Worldwide:

Orbitz Worldwide (NYSE:OWW) is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns and operates a portfolio of consumer brands that includes Orbitz (http://www.orbitz.com/), CheapTickets (http://www.cheaptickets.com/), ebookers (http://www.ebookers.com/), HotelClub (http://www.hotelclub.com/), RatesToGo (http://www.ratestogo.com/), the Away Network (http://www.away.com/) and corporate travel brand Orbitz for Business (http://www.orbitzforbusiness.com/). For more information on how your company can partner with Orbitz Worldwide, visit http://corp.orbitz.com/.

About Capital One:

Capital One Financial Corporation (http://www.capitalone.com/) is a financial holding company whose subsidiaries collectively had $87.7 billion in deposits and $148.0 billion in managed loans outstanding as of March 31, 2008. Headquartered in McLean, VA, Capital One has 745 locations in New York, New Jersey, Connecticut, Texas and Louisiana. It is a diversified bank whose principal subsidiaries, Capital One, N.A., Capital One Bank (USA), N. A., and Capital One Auto Finance, Inc., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

Capital One's No Hassle Rewards suite of products eliminates key consumer frustrations such as blackout dates, seat restrictions, advance purchase requirements, and hidden redemption fees. There's no limit to the amount of rewards consumers can earn, and rewards never expire. Capital One cardholders also enjoy no foreign exchange fees when they travel outside the U.S.

http://www.newscom.com/cgi-bin/prnh/20070813/AQM125LOGO

http://photoarchive.ap.org/

DATASOURCE: Orbitz Worldwide

CONTACT: Abby Hunt of Orbitz, +1-312-894-4734, ;

or Pam Girardo of Capital One, +1-703-720-2351,

Web site: http://www.orbitz.com/

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