USA Federal Credit Union Announces New Visa "Freedom Platinum Rewards" Program

Travel Rewards For Credit Card Purchases

FOR IMMEDIATE RELEASE

San Diego, Calif., July 19, 2007– USA Federal Credit Union today announced a flexible, new VISA “Freedom Platinum Rewards” program featuring a wide variety travel options and merchandise as benefits for your credit card purchases. You can start earning Extra Rewards with every new purchase.

“This is a truly valuable rewards program,” said Mary Cunningham, President/CEO of USA Federal Credit Union, “You can travel almost without restriction using the Travelers Choice Option.” This means Alpine snow, Canadian fishing, Tibetan mountains, and European castles are all available to everyone who uses the program. Both domestic and foreign travel tickets are available under this rewards program. Here are some highlights (see website for all details and conditions):

• For every dollar you spend on your card, you receive an Extra Awards point (excluding cash advances).
• As of today, first purchases on your card earn an automatic 1,000 points
• For a limited time, consolidate high interest balances into the Freedom rewards Platinum Rewards Card and get a low introductory rate of 5.90% APR (see details). You also earn one Extra Awards point for every dollar on your transferred balances up to 10,000 points with no minimum transfer fee or minimum balance requirement. (see details)
• Points are easy to track because they appear on your regular monthly statement.

“Merchandise is also available with your points,” Cunningham noted, “Our rewards portfolio includes brand name specialty merchandise from the nation's leading manufacturers of electronics, sporting goods, housewares, jewelry, apparel, accessories and much more!”

“You can even get Cash for Travel using this program,” Cunningham said, ”This is a ‘must have’ card for anyone planning a vacation!” Cash for Points enables you to redeem your points for cash. Get a reward for your spending—money to help you obtain the things you enjoy. The cash amounts vary depending on how many points you have earned.

Complete details and highlights of the program are available at USA Federal’s website.

     Founded in 1953 at the Naval Training Center in San Diego, USA Federal offers a full range of financial services, including business services and consumer savings, checking, mortgage and home equity loans, auto loans, debit and credit cards, share term certificates, IRAs and a 24-hour phone center.
     Online services include eStatements, QuickConnect Online and Bill Pay, as well as online loan applications and approval. Additional services include the BALANCE financial fitness program and investment and retirement planning offered by MEMBERS Financial Services.
     With more than 59,000 members and over $700 million in assets, USA Federal Credit Union operates 22 branches, including locations in San Diego and Riverside Counties, Las Vegas, Japan and Korea. Members of the non-profit financial cooperative include the military, civilians and select employee groups.
     USA Federal Credit Union is federally insured by the National Credit Union Administration. For more information, call (800) 220-1USA or visit www.USAFedCU.org.

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Note: USA Federal maintains the above information for archival purposes, which is presumed accurate upon release, however, data may become outdated over time and affect accuracy.