TripRewards(R) Program Offers Points for Online Banking

TripRewards(R) Program Offers Points for Online Banking PARSIPPANY, N.J., Jan. 20 /PRNewswire-FirstCall/ -- Cendant Hotel Group today announced that members of its TripRewards loyalty program now can earn points for signing up for online banking services with NetBank(R), (http://www.netbank.com/). TripRewards members can earn 2,500 points for opening and funding a NetValue or SuperValue checking account, 2,500 points for opening and funding a money market account, 1,500 points for signing up for direct deposit with NetBank and 500 points for enrolling in and using NetBank's online bill payment service. NetBank, which offers its services completely online, is the first bank to join TripRewards as an earning partner. TripRewards members who sign up for all four online banking services can receive a total of 7,000 points, more than enough to redeem for a free night, a $25 gift card at one of many retail and restaurant earning partners or a one-day Avis(R) car rental. Jill Noblett, Cendant Hotel Group vice president of loyalty and direct marketing, said the NetBank affiliation reinforces the TripRewards strategy of awarding points for everyday purchases and services. "Our members can earn valuable points faster than they could through traditional frequent-traveler programs," she said. Featuring points-earning opportunities through more than 6,000 hotels and 46 partners as well as 140-plus point-redemption options, TripRewards is the world's largest loyalty program, based on the number of participating hotels. The program's "open earn" structure allows members faster access to point earning by staying in Cendant-franchised hotels, renting Avis and Budget(R) rental cars and purchasing everyday products and services from earning partners. Likewise, TripRewards members can redeem their points for either hotel stays -- with no blackout dates -- or partner rewards including airline tickets, resort vacations, electronics, home appliances, sporting goods, movie and theme park tickets and gift certificates from 46 retailers and restaurants. TripRewards members may elect to earn either TripRewards points, airline miles or rail points for their hotel stays. A hassle-free online system allows members to check points and redeem for rewards 24 hours a day. Consumers can enroll at triprewards.com or by visiting their local Super 8(R), Days Inn(R), Ramada(R), Travelodge(R), Howard Johnson(R), Knights Inn(R), Wingate Inn(R) or AmeriHost Inn(R) hotel or by calling toll-free, (800) FOR-TRIP -- (800) 367-8747. With approximately 90,000 employees, New York City-based Cendant Corporation (NYSE:CD) is primarily a provider of travel and residential real estate services to businesses and consumers in more than 100 countries. Cendant's Hotel Group, based in Parsippany, N.J., is the world's largest lodging franchisor with 6,396 hotels representing 520,860 rooms on five continents under the Super 8(R), Days Inn(R), Ramada(R), Travelodge(R), Howard Johnson(R), Knights Inn(R), Wingate Inn(R) and AmeriHost Inn(R) brands. Cendant's franchised hotels sell nearly one out of every five economy and midpriced room-nights in the United States, and Cendant franchises 10.4 percent of the entire U.S. hotel room supply, according to Smith Travel Research and Cendant financial data. All hotels are individually owned and operated under franchise agreements with Cendant subsidiaries. Source: Cendant Hotel Group CONTACT: Emanuel Naim, Senior Manager, Media Relations of Cendant Corporation, Hotel Group, +1-973-496-0750, emanuel.naim@cendant.com Web site: http://www.cendant.com/ http://www.netbank.com/ NOTE TO EDITORS: For more information about Cendant Corporation and trends associated with its businesses, go to http://www.Cendant.com and click on Media Center. The site includes an archive of news releases, biographies of the company's senior leaders, backgrounders and financial reports. ------- Profile: International Entertainment