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Visa Pursuing the World's Wealthy with 'Infinite' Card

By: Kingson-Bloom, Jennifer | American Banker, November 2, 1998 | Article details

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Visa Pursuing the World's Wealthy with 'Infinite' Card


Kingson-Bloom, Jennifer, American Banker


By KINGSON-BLOOM, JENNIFER

Visa International announced plans to introduce Visa Infinite, a premium card for global travelers.

Approved last week at a board meeting in Buenos Aires, the card is the latest in a high-stakes game to attract some of the most affluent of bank customers.

American Express Co. has always held the lion's share of the super- premium market with its platinum card. MasterCard International brought out its new entry, the World card, in October 1997.

Visa offers platinum cards worldwide and the upscale Signature card in the United States. Visa Infinite is "positioned to be a new and different type of global premium card," said …

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