TORRANCE, Calif. — Toyota Financial Services has introduced a new credit card where everyday transactions can earn users points that can be put toward their next purchase at a Toyota dealership.

Basically, when consumers use their Toyota Rewards Visa for anything from shopping to dining out to buying a cup of coffee, they receive Rewards Points that are redeemable for service, parts, accessories or an eligible vehicle purchase at lease participating Toyota stores.

"Already a leading provider of automotive financial services, TFS is extending its line of financing products to U.S. Toyota customers and dealers with the new rewards credit card option," explained Mike Wells, group vice president of Toyota Financial Services.

"Toyota consumers are incredibly loyal, and we're rewarding them by offering another smart financial management tool to help them get more out of their Toyota relationship. At a time when many consumers require extra saving and spending power, the Toyota Rewards Visa is the card that gets them more," he added. "Qualified consumers can obtain a card and redeem rewards earned through everyday purchases and use them on their Toyota vehicles."

Immediate benefits to card-members include:

—Special introductory APR on all new purchases for the first six months of card ownership.

—No limit on how many Toyota Rewards Points that can be redeemed toward next eligible Toyota purchase. 

—Redeemable toward eligible purchase or lease at participating Toyota dealers.

—Earn five Toyota Rewards Points for every $1 spent at participating Toyota dealerships.

—Earn one point for every $1 spent everywhere else that Visa is accepted.

—Receive 2,500 bonus Toyota Rewards Points upon first purchase redeemable toward next eligible dealership purchase.

 —No annual fee for the Toyota Rewards Visa.

"Credit means convenience, and today's financially savvy consumer will look for credit card programs that work harder for them," Wells continued. |

"The Toyota Rewards Visa is a smart choice for Toyota owners who want access to the daily convenience of a Visa card and the financial peace of mind knowing that their purchases add up to rewards redeemable at their local Toyota participating dealership," he went on.

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