PressClub United Kingdom · Article.
BMW and MINI Unveil New Fleet of Personal Finance Products
Mon Jun 05 12:00:00 CEST 2006 Press Release
BMW Financial Services and Money by MINI are launching new personal finance product ranges. The new products include BMW and MINI eSaver savings account, with a Car Saver bonus that gives the option to earn 7% interest for up to 12 months when savings of up to £3,000 are redeemed against the purchase of a BMW or MINI - a quick and straightforward way to save towards a vehicle.
Press Contact.
Angela Stangroom
BMW Group
Tel: +44-1252-92-1268
send an e-mail
BMW Financial Services and Money by MINI are launching new personal finance
product ranges. The new products include BMW and MINI eSaver savings account,
with a Car Saver bonus that gives the option to earn 7% interest for up to 12
months when savings of up to £3,000 are redeemed against the purchase of a BMW
or MINI - a quick and straightforward way to save towards a vehicle.
The BMW and MINI expanded product ranges also include home insurance, a
guaranteed performance bond, 50:50 bond and co-branded credit cards: BMW Card
from American Express® and the MINI Card by American Express®.
In addition, all products enable customers to participate in the BMW or Money
by MINI Rewards programme. This is a scheme which gives customers the chance to
win exclusive BMW and MINI prizes on top of the benefits that they already get
from the products. Depending on how much they spend or save with BMW Financial
Services or Money by MINI, customers will be given entries into a free monthly
prize draw. Prizes from BMW include an opportunity to drive the new BMW 3
Series Coupé back from the European press launch, a VIP trip to the Italian
Grand Prix and a VIP trip to the BMW plant in Leipzig. MINI prizes include a
luxury visit to Los Angeles and a trip to the world-famous Ice Hotel in
Lapland.
Keith Dye, Chief Executive Officer, BMW Financial Services (GB) Limited said:
"BMW and MINI customers rightly expect and deserve high levels of service and
we aim to deliver this both through our cars and now through BMW Personal
Finance and Money by MINI. We have a range of competitive financial products
available - from a high interest Car Saver bonus, to BMW and MINI American
Express credit cards. Moreover, our rewards scheme offers motoring enthusiasts
the chance to win some unique and exciting prizes."
For more information about the products, please visit the BMW Financial
Services website www.bmwpersonalfinance.co.uk. and the Money by MINI website at
www.moneybymini.co.uk.
-Ends-
Notes to editors:
Car Saver feature: offers the opportunity to earn 7% interest for up to 12
months when savings of up to £3,000 are redeemed against the purchase of a BMW
or MINI from a BMW or MINI dealership
Savings products provided by Newcastle Building Society and insurance provided
by UK Insurance
· Jpg images available
· Product fact sheets available on request
· BMW and MINI Rewards details table:
REWARDS TABLE
Participating BMW Financial Services / Money by MINI product (opened or
purchased on or after 30 May 2006) Entries automatically awarded on opening or
purchasing the participating product Entries automatically awarded each month
BMW and MINI American Express Credit Card10 entries
3 entries for almost each £10 spent on the card in a participating Authorised
BMW or MINI dealership,
2 entries for almost each £10 spent on the card to purchase fuel
1 entry for almost each £10 spent on the card for other purchases
BMW and MINI eSaver Account,BMW and MINI eSaver minicash ISABMW and MINI
50:50BMW and MINI Balance Bond,BMW and MINI GuaranteedPerformance BondBMW and
MINI GuaranteedPerformance minicash ISA 10 entries
1 entry for every £100 cleared funds in the account on the last day of the month
BMW and MINI Home Insurance(annual policies only) 10 entries 5 entries (not
including the first month)
BMW and MINI Motor Insurance(annual policies only) 10 entries 5 entries (not
including the first month)
BMW and MINI Travel Insurance(annual policies only) 10 entries 1 entry (not
including the first month)
BMW Financial Services was established in the UK in 1997 and reported a
turnover of £258 million in 2004. It manages a portfolio of assets amounting to
£2.6 billion and employs 230 people in the UK. The business currently provides
four main products: BMW and MINI Select - Personal Contract Purchase; BMW and
MINI Hire Purchase; BMW and MINI Lease Purchase; BMW and MINI Contract Hire.
For further information contact:
Angela Stangroom
Group Communications Manager
BMW (UK) Ltd
Tel: 01344 480537
Email: angela.stangroom@bmw.co.uk
For images visit www.press.bmwgroup.com