Wawa, Chase Announce New Wawa Rewards Visa Card With "blink"
Cardmembers Will Earn Free Gas, Food While Cruising Through The Pump, Check-out Line
Wawa, PA, and Wilmington, DE - October 27, 2005 - Wawa, Inc., Chase Bank U.S.A., N.A., a division of JPMorgan Chase & Co. [NYSE: JPM] and Visa U.S.A. announced today that they will launch the Wawa Rewards Visa® card with blink in mid-November. The new card will allow Wawa customers to earn reward points they can redeem for Wawa gas, groceries, Wawa’s award-winning freshly brewed coffee, built-to-order hoagie sandwiches and other Wawa items. Wawa is one of the first companies in the nation to blink-enable its entire credit card program.
“There is no better way to reward our loyal Wawa customers for shopping with us,” said Howard Stoeckel, chief executive officer at Wawa. “Not only will we be able to delight our customers with Wawa rewards like free gas, but we will also increase our speed and efficiency by offering and accepting Chase cards with blink at all 540 of our stores.”
To use Wawa Rewards Visa cards with blink, cardmembers will simply hold their card near a point-of-sale reader at the Wawa counter or pump, eliminating the need to hand their card to a store employee, manually swipe it at the pump or counter or sign a receipt. The reader will then quickly emit a tone and light up to signal payment confirmation. Wawa Rewards Visa cards with blink also contain a magnetic stripe, allowing the card to be swiped in the traditional manner anywhere Visa is accepted.
“We know how much customers value the Wawa experience and, in fact, our employees are among the many devoted Wawa coffee and hoagie enthusiasts,” said William Wallace, executive vice president of Strategic Business Units at Chase Card Services, the company’s credit card division. “As we continue to roll out Chase cards with blink, it makes perfect sense to partner with a company that embodies the values of speed, convenience and customer loyalty like Wawa does.”
How It Works
Wawa Rewards Visa cardmembers will earn four percent in rebates for every dollar spent on card purchases at Wawa, including gas, groceries or Wawa’s award-winning freshly brewed coffee and built-to-order hoagies. Cardmembers will also earn one percent in rebates for everyday purchases made anywhere Visa credit cards are accepted. In addition, for the first 90 days, cardmembers will earn 10 percent in rebates for every dollar spent at Wawa and two percent in rebates on all card purchases made elsewhere. Customers will also receive a coupon for a free Shorti™ Hoagie after the first purchase with their new card.
Other Wawa Rewards Visa card benefits include:
* No annual fee.
* Low introductory rate.
* Zero liability on unauthorized purchases.
For more information about Chase cards with blink, visit www.chaseblink.com.
Wawa, Inc., a privately held company, traces its roots back to 1803 as an iron foundry in New Jersey. Owner George Wood started a dairy processing plant in Wawa, Pennsylvania, in 1902. The milk business was a huge success, due to its quality, cleanliness and “certified” process. In 1964, George’s grandson Grahame Wood opened the first Wawa Food Market in Folsom, PA. Today, the company operates more than 540 stores in Delaware, Maryland, New Jersey, Pennsylvania and Virginia. Wawa is known for quality own-branded products including award-winning coffee and freshly prepared hoagies. Wawa consistently ranks among Forbes’ top 200 privately held companies. “Wawa” is the Lenni-Lenape Indian word for flying goose.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The company has more than 100 million credit cards issued. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
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