StarBucks Coffee Visa!!!!!!!!!!!!!!

Duetto VISA (10/14/03)

FULL STORY:

Multi-functional credit cards have finally become a reality in the USA. This weekend, a new VISA card was launched by Starbucks and Bank One that combines a re-loadable stored value card with a general purpose credit card. The new "Starbucks Card Duetto VISA" offers cardholders the ability to earn one percent back in "Duetto Dollars" that are automatically loaded on their "Starbucks Card Account" after each billing cycle. "Duetto Dollars can then be used to purchase Starbucks items including beverages, food and store merchandise. Cardholders also receive a one-time pre-load of $10 to their "Starbucks Card Account" after their first "Duetto Card VISA" purchase. Additionally, cardholders earn three percent in "Duetto Dollars" with each automatic reload of the "Starbucks Card Account" using the "VISA Account" of the "Duetto Card." The auto-reload feature allows cardholders to automatically load cash value from their "VISA Account" to their "Starbucks Card Account" whenever they like. Starbucks is also offering quarterly opportunities based on usage of the "Starbucks Card Account." Starbucks will also contribute $5 to the Starbucks Foundation after each cardholder's first "Duetto Card VISA" purchase. From October 13 through December 31, 2003, Jumpstart will be the recipient of the "Duetto" donation from the Starbucks Foundation. For more information visit: http://www.firstusa.com/cgi-bin/web...r_dir_name=starbucks_ch01&page=cont&mkid=6ZHZ


Ron.

 

We appreciate you and your enthusiasm for Starbucks. This inspires us to find new ways to serve you and enhance your Starbucks Experience. And that is why we are proud to introduce our latest innovation - the Starbucks Card Duettoâ?¢ Visa. It's the first-of-its kind Starbucks Card and Visa credit card in one. We hope you'll take a moment now to discover what makes it such a smart, convenient and truly rewarding addition to your day.

Use it as a reloadable Starbucks Card AND a Visa credit card.


Earn Starbucks "Duettoâ?¢ Dollars" with every Visa purchase.


Get $10 Duettoâ?¢ Dollars in your Starbucks Card Account when you make your first Visa purchase.


Qualify for additional Starbucks rewards and benefits when you use your Starbucks Card Account.


$5 donation to The Starbucks Foundation with your first Visa purchase.


Enjoy a 0% intro APR* for six billing cycles, no annual fee and a wide range of Visa benefits.














*Your APR for purchases and balance transfers will be based on our review of your application and credit history. You understand that the terms of your Account, including the APRs, are subject to change. Any such changes will be made in accordance with the Cardmember Agreement. Please read very carefully the "Rate, Fee and Other Cost Information" section included with this offer. Please see Pricing & Terms for important information about rates, fees, and other costs.

Rate, Fee and Other Cost Information
For the Visa® Account of the Duetto� Card1

Annual Percentage Rate (APR) for purchases (including balance transfers)

A 0% fixed APR for the first 6 billing cycles following the opening of your account.

After that, 10.99% variable,212.99% variable or 16.99% variable, depending on our review of your application and credit history.

Other APRs

Cash Advance APR: 19.99% variable

Late Payment APR: Late once during introductory period: Depending on our review of your application and credit history, 10.99% variable, 12.99% variable or 16.99% variable on purchases. Late twice in any six-month period: 19.99% fixed on all balances.

Overdraft Protection APR: 13.99% fixed (not available in some states)

Variable rate information

The following APRs may vary monthly based on the Prime Rate:3

Purchase APR equals the Prime Rate plus, as applicable, 6.99%, 8.99% or 12.99% if your payment is late during the introductory period, or after the introductory period.

Cash advance APR equals the Prime Rate plus 15.99%.

Grace period for repayment of purchase balances

At least 20 days, but none for balance transfers, convenience checks, or overdraft advances, if applicable.

Method of computing the balance for purchases

Two-cycle average daily balance method (including new purchases).

Annual fee

None

Minimum finance charge

$1.00

Transaction fee for certain purchases

Purchase of wire transfers, money orders, or similar cash-like transactions; lottery tickets, casino gambling chips, race track wagers, or similar betting transactions; foreign currency and travelers checks from other than a bank: 3% of the amount of each purchase, but not less than $10.00.

Transaction fee for balance transfers/convenience checks

3% of the amount of each transaction, but not less than $5.00 nor more than $50.00.

Transaction fees for cash advances

ATM cash advances: 3% of the amount of the advance, but not less than $10.00. All other cash advances: 3% of the amount of the advance, but not less than $15.00.

Other fees

Late Payment fee: $15.00 on balances up to but not including $250, $35.00 on balances of $250 and over. However, if you already have made one or more late payments in the prior 12 month period, $35.00 regardless of the amount of your balance.

Over-the-Credit-Limit fee: $35.00

1The enclosed disclosures apply to the Visa Account of your Starbucks Card Duettoâ?¢ Visa that is issued and administered by Bank One. Your Starbucks Card Account is issued and administered by Starbucks Corporation and is subject to different terms and conditions that you will receive if you become a cardmember. Certain protections you receive on your Visa Account will not apply to your Starbucks Card Account. See your Cardmember Agreement for more details if you become a cardmember.

2You understand that the terms of your Account, including the APRs, are subject to change. Any such changes will be made in accordance with the Cardmember Agreement.

3The "Prime Rate" is the highest prime rate published in the Money Rates column of The Wall Street Journal on the 22nd day of each month if a business day; if not, on the next business day. Variable APRs are based on the 4.00% prime rate on 9/24/2003 .

Terms & Conditions
For the Visa® Account of the Duetto� Card

Authorization: When you submit your certificate or application for this credit card offer, you agree to the following regarding the Visa Credit Card Account from Bank One, Delaware, N.A. ("Bank One", "we" or "us"):

1. You authorize us to obtain credit bureau reports in connection with your request for a Visa Account. If a Visa Account is opened, we may obtain credit bureau reports in connection with extensions of credit or the review or collection of your account. If you ask, we will tell you the name and address of each credit bureau from which we obtained a report about you.
2. If a Visa Account is opened, you will receive a Bank One Cardmember Agreement with your card(s) that contains the terms and conditions of your Visa Account. You will also receive a Starbucks Card Duettoâ?¢ Program Agreement that contains the terms and conditions of your Starbucks Card Account. By using the Account, the Starbucks Card Account or any card, or authorizing their use, you agree to the terms of the Cardmember Agreement and the Starbucks Card Duettoâ?¢ Program Agreement.
3. We will allocate payments to the lowest APR first.
4. Claims and disputes are subject to arbitration.
5. The terms of your account, including the APRs, are subject to change. Any such changes will be made in accordance with the Cardmember Agreement.

We will review your credit history and income to determine if you qualify for an account and, if so, your APRs and credit line. Also, based on this review, you may receive a credit line of at least $500.

The minimum gross annual income required for an account is $14,400.

Platinum services are available only to Platinum cardmembers. We reserve the right to change the benefit features associated with your card at any time.

Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all customers, and that credit reporting agencies maintain separate histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with the law.

Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement or court decree adversely affects our rights, unless you give us a copy of such agreement, statement or court order before we grant you credit, or we have actual knowledge of the adverse obligation. All obligations on this account will be incurred in the interest of your marriage or family. You understand that we may be required to give notice of this account to your spouse. Married Wisconsin residents must furnish their (the applicant's) name and social security number as well as the name and address of their spouse to Cardmember Service at P.O. Box 15281, Wilmington, DE 19885-5281.

Balance Transfer Option: The Visa,® MasterCard,® Discover,® American Express® account(s) you list will show a credit, reducing the amount you owe them by the amount you transferred. The available credit on your new account will be reduced, just as if you had made a purchase. The balance transfer amount(s) will show up on your initial statement for your new account. Your other credit card account(s) will not be closed even if you transfer your entire balance(s). If you want to close an account, please contact the other credit card company directly. It may take up to three weeks to set up your account and post the balance transfers. Therefore, you may need to make payments to your other account(s) to keep them current. Balance transfers are contingent upon issuance of your new account. There will be a transaction fee for each balance transfer if one is disclosed in the Rate, Fee and Other Cost Information that accompany this offer. We reserve the right to decline to process any partial or full balance transfer request and will not process a balance transfer request from any other account with us or any of our affiliates.

Affiliate Information Sharing: Bank One, Delaware, N.A. is part of Bank One Corporation. We and our Bank One Corporation affiliates may share information about you among affiliates in order to offer products and services of interest to you. If you would prefer that we do not share information from your application, credit bureaus or third parties, please call us at 1-800-869-9638. For more information about our information handling policies, visit us on the web at: http://www.bankone.com/creditcardprivacypolicy.

For information on Starbucks information sharing practices and Privacy Policy, visit www.starbucks.com or call Starbucks at 1-800-STARBUC.



linK:

http://www.firstusa.com/cgi-bin/web...r_dir_name=starbucks_ch01&page=cont&mkid=6ZHZ

Ron.

 

Starbucks, Bank One, Visa Launch Starbucks Card Duettoâ?¢ Visa
Next-Generation Card Offers More Frequent Reward Opportunities, Philanthropic Contribution

NEW YORK - October 13, 2003 - Starbucks Coffee Company [NASDAQ: SBUX], Bank One [NYSE: ONE] and Visa U.S.A. today launched the Starbucks Card Duettoâ?¢ Visa*. The first-of-its-kind payment card blends Visa credit card functionality with the re-loadable Starbucks Card, offering Starbucks enthusiasts the power to pay, reload, earn and redeem rewards conveniently with one card.

The new translucent Duetto Card offers the first formal Starbucks customer appreciation program, rewarding cardmembers with Starbucks Duetto Dollars for every Visa purchase and providing special Starbucks gifts and benefits with Starbucks Card Account purchases.

"There is no better way for Starbucks enthusiasts to be rewarded for what they do everyday," said Howard Schultz, chairman, Starbucks Coffee Company. "The Duetto Card extends the Starbucks Experience by rewarding customers, while giving back to our communities. With this innovative rewards structure, Duetto Card users may never have to pay for a latte again."

In keeping with its long-standing commitment to social responsibility, Starbucks will also contribute $5 to the Starbucks Foundation after each cardmember's first Duetto Card Visa purchase. From October 13 through December 31, 2003, Jumpstart will be the recipient of the Duetto donation from the Starbucks Foundation. Jumpstart is a national non-profit organization that recruits and trains college students to serve in a year-long mentoring relationship with preschool children from low-income communities. Every $5 donation to Jumpstart will fund one hour of preschool tutoring to a child in need.

How It Works

By using the Visa Account of their Duetto Card anywhere Visa credit cards are accepted, cardmembers will earn one percent back in Duettoâ?¢ Dollars that will be automatically loaded on their Starbucks Card Account after each billing cycle. Duetto Dollars can then be used to purchase anything cardmembers want at Starbucks including beverages, food and store merchandise.

Cardmembers will receive a one-time pre-load of $10 to their Starbucks Card Account after their first Duetto Card Visa purchase. By using the Starbucks Card Account of the Duetto Card, cardmembers can also qualify for additional quarterly gifts and benefits.

"Today, more and more consumers enjoy being rewarded for loyalty to their favorite companies," said Jamie Dimon, chairman and chief executive officer of Bank One. "The Duetto Card is a perfect example of three leading brands creating an innovative payment product that provides cardmembers with more frequent opportunities to redeem rewards."

A Card is Born

A press conference will be held at 10:30 a.m. EDT today in New York City, with Howard Schultz, Starbucks chairman; Jamie Dimon, Bank One's chairman and chief executive officer; and Carl Pascarella, Visa USA's president and chief executive officer, to unveil the Duetto Card design and celebrate the launch of the Duetto Card and the companies' alliance.

"The Duetto Card gives us a glimpse of what the future of payments looks like," noted Dimon. "This two-in-one co-branded rewards card is going to change the way many view the plastic in their wallet. For people who love coffee, this is the way to pay and get great rewards."

Launching on the heels of the original Starbucks Card, which coffee lovers are redeeming 15 times per second, the Duetto Card is on its way to great success. There is already high demand for the Duetto Card -- tens of thousands of Starbucks customers have already pre-registered for it.

"Whether it's coffee or credit, the common thread among our companies is the ability to deliver the quality and convenience our customers value," said Carl Pascarella, president and chief executive officer of Visa USA. "This card is an important step in the evolution of electronic payments, because it speeds the adoption of payment cards in a small-ticket environment, where cash is usually king. With Starbucks broad reach and high customer loyalty, this card will have an immediate impact on the payments industry."

According to Visa research, American consumers spend an average of approximately $5,000 a year on their credit cards, and another $11,000 on recurring bill payments that potentially could be made on those credit cards. It is possible for some cardmembers to triple their rewards earnings by simply shifting existing bill payments from checks to a rewards card. Starbucks Card Duetto Visa offers the following great features:

* Visa credit card and Starbucks Card functionality on a single card.
* One percent in Starbucks Duetto Dollars on all Visa purchases wherever Visa credit cards are accepted.
* More frequent opportunities to redeem Duetto Dollars than other rewards-based credit cards.
* A one-time pre-load of $10 to the Starbucks Card Account after the first Duetto Card Visa purchase.
* A one-time donation of $5 to the Starbucks Foundation after the first Duetto Card Visa purchase, which will be provided to organizations supported by the Starbucks Foundation.
* Earn three percent in Duetto Dollars with each automatic reload of the Starbucks Card Account using the Visa Account of the Duetto Card. The auto-reload feature allows cardmembers to automatically load cash value from their Visa Account to their Starbucks Card Account whenever they like.
* Quarterly opportunities based on usage of the Starbucks Card Account to enhance the Starbucks Experience through product samplings, advance product previews and exclusive coffee tastings.

Consumers may apply for the Duetto Card by visiting www.starbucksduetto.com, a Starbucks retail store or by calling Bank One at 888-894-0032.

Media and consumers may find more information about the Starbucks Card Duetto Visa, including downloadable card art at www.duettopressroom.com.

Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world, with more than 7,000 retail locations in North America, Latin America, Europe, the Middle East and the Pacific Rim. The Company is committed to offering the highest quality coffee and the Starbucks Experience while conducting its business in ways that produce social, environmental and economic benefits for communities in which it does business. In addition to its retail operations, the Company produces and sells bottled Frappuccino® coffee drinks, Starbucks DoubleShot� coffee drink, and a line of superpremium ice creams through its joint venture partnerships. The Company's brand portfolio provides a wide variety of consumer products. Tazo Tea's line of innovative premium teas and Hear Music's exceptional compact discs enhance the Starbucks Experience through best-of-class products. The Seattle's Best Coffee® and Torrefazione Italia® Coffee brands enable Starbucks to appeal to a broader consumer base by offering an alternative variety of coffee flavor profiles.

Bank One Corporation is the nation's sixth-largest bank holding company, with assets of nearly $300 billion. Bank One currently has more than 52 million credit cards issued and it is the largest Visa card issuer in the world. Bank One offers a full range of financial services to large corporate and middle market commercial customers and retail consumers. This press release and more information can be found on the Web at www.bankone.com.

Visa is the world's leading payment brand and largest consumer payment system, enabling banks to provide their consumer and merchant customers with a wide variety of payment alternatives. Nearly 21,000 financial institutions worldwide rely on Visa's processing system, VisaNet, to facilitate $2.5 trillion in annual transaction volume with virtually 100 percent reliability. Consumers in more than 150 countries carry more than one billion Visa-branded cards, accepted at millions of locations worldwide. Within the U.S., nearly 14,000 financial institutions issue 396 million Visa cards, accounting for more than $1 trillion in annual transaction volume. Visa offers a trusted, reliable and convenient way to access and mobilize financial resources - anytime, anywhere, anyway. For more information about Visa, please visit www.visa.com.

*Starbucks, the Starbucks logo, Duetto Card, Frappuccino, Starbucks DoubleShot and Hear Music are either trademarks or registered trademarks of Starbucks U.S. Brands in the United States and of Starbucks Corporation in other countries. Visa and the Visa logo are registered trademarks of Visa USA.


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