Tuesday, July 25, 2006

Technology Credit Union Is One of Only a Handful of CUs to Offer All Major Credit Cards

Silicon Valley-based Technology Credit Union (Tech CU), which serves some of the most demanding consumers in the world, has announced the expansion of its credit card portfolio to offer a choice of Visa, MasterCard and American Express credit cards to its members. As of this date, Tech CU is one of only three credit unions in California to offer such a diverse credit card portfolio through its partnership with MBNA.

In addition to the Visa credit cards that Tech CU offered in the past, the Credit Union's credit card portfolio now includes a co-branded American Express rewards card and two Business MasterCard credit card options -- either with or without a rewards program. These cards, along with a new, more robust Platinum Visa rewards card, will help existing members earn rewards faster without having to pay maintenance fees. Tech CU's consumer Visa and American Express rewards cards have no annual fee, and WorldPoints® can be redeemed for cash, merchandise and travel.

"Our goal is to find new and innovative ways to reward our members for choosing Tech CU as their financial institution, and partnering with MBNA enables us to do just that," said Harold Roundtree, Senior Vice President of Member Services at Tech CU.

With a convenient online application and bill pay, in addition to 24/7 customer service, Tech CU members enjoy superior service and global access to their credit lines. "We understand that members value flexibility and choice, and our new credit cards will give our members the options they want and the service they've come to expect from Technology Credit Union," Roundtree added.

About Technology Credit Union

Technology Credit Union is a member-owned, full-service financial provider that offers services to technology and business professionals in California and their families, focusing primarily on serving individuals who work, live, go to school, or regularly worship in Santa Clara, Alameda, San Mateo, Santa Cruz, San Francisco and Contra Costa counties. Tech CU was started in 1960 and is now among the top 1% of the nation's largest credit unions. With more than $1 billion in assets, and seven full-service branches in the Bay Area, Tech CU is a leader in the credit union industry.

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