Butterfield Bank has announced the launch of its latest business credit card, the AAdvantage® Business MasterCard® Card.

The new card gives business owners the opportunity to earn AAdvantage miles for making business-related purchases.

The first of its kind in Bermuda, the Butterfield/AAdvantage MasterCard Business Card is aligned with the American Airlines AAdvantage programme, allowing clients to earn AAdvantage miles to be used towards travel on American Airlines flights.

Bob Wilson, Butterfield's executive vice-president, corporate banking, said: "We're pleased to be able to leverage our exclusive, longstanding relationship with American Airlines to offer our business customers the new Butterfield/AAdvantage MasterCard Business Card and the opportunity to earn AAdvantage miles on purchases that can be used for business or personal travel."

He continued, "Butterfield is the only bank in Bermuda to offer this kind of reward feature to business cardholders. We think it will be very popular among current and prospective clients."

Mario Perez Jr., vice-president and general manager of the Caribbean for MasterCard Latin America and the Caribbean, said: "We couldn't be more thrilled with the launch of the Butterfield/AAdvantage MasterCard Business Card, as this new product addresses the unique needs of Butterfield's business customers, and potential customers, adding value through its superior benefits and features. MasterCard worked in close collaboration with Butterfield, in order to develop a card with the features that businesses value most in a payment solution and which will allow them to manage their cash flow effectively and operate their business efficiently."

Claudette Adams, American Airlines sales manager in the Bermuda office, said: "American Airlines is pleased to partner with Butterfield and MasterCard to offer such an innovative product to the business community in Bermuda."

Butterfield AAdvantage Business MasterCard also offers car rental insurance and travel accident insurance, among other benefits. Additionally, the card offers flexible reporting and statement options, including: vendor analysis reporting, daily transaction reporting, and individual billing summaries.

For more information about the new card visit your nearest Butterfield Banking Centre or contact 295-1111.