Insignia launches new reward points credit card

A new credit card offering a unique reward points system is being launched by lifestyle management company, Insignia, to its ultra-high net worth clientele this month.

The Label Visa Platinum credit card is a multi-currency credit card that can be used across the globe by Insignia Lifestyle Management members. The key advantage of this travel-friendly product is that different currencies can be charged to the card while avoiding costly exchange rate charges.

This is the first Insignia credit card to offer a reward points system. Accumulated points can be exchanged for a wide range of luxury goods and services from affiliated brand providers, these include: private jet travel, yachts, electronics and vintage wines. In addition, members will be issued with a rewards point catalogue, the Million Rewards Brochure, containing details on the wide range of goods and services to choose from.

Nada Von Bader, Vice President at Insignia Lifestyle Management, commented: “The Label Visa Platinum card won’t just meet our member’s requirements it will exceed them. Like our other financial products, this card will facilitate our members’ every need, as they enjoy international travel; combining financial efficiency with uncompromising luxury.”

Card holders will receive detailed quarterly invoice statements and have constant access to their account information through the Insignia online banking portal. In addition, the card offers services such as premium travel and health insurance packages. Users will also receive a free subscription to Insignia’s luxury lifestyle magazine Insignia Magazine: The Voice of Luxury.

This unique card can be ordered as a single currency dollar or multi-currency card for client convenience while travelling anywhere in the world. Card holders will also have access to special Vodafone package that includes a free handset and tailored, reduced cost tariffs.

Label Visa Platinum is the latest in a range of credit cards created to cater for the luxury lifestyle requirements of Insignia’s ultra-high net worth clientele. Others include: the bespoke Royal and Glamour cards, and the signature Insignia card. All of Insignia’s cards are produced in association with major financial partners such as Visa and Mastercard.

For more information on Insignia Lifestyle Management, visit insignia.co.