Cendant Rebates One-Card Users

<B> Cendant Rebates One-Card Users</B>

By Mary Ann McNulty

<I>Hunt Valley, Md</I>. - Trying to entice corporations to use the MasterCard-branded Cendant Card for vehicle maintenance purchases, Cendant Business Services is offering rebates of up to 8 percent on such purchases to those using the vendor's one-card solution for travel and entertainment, purchasing and fleet.

The rebates are available for all vehicle maintenance purchases made at preferred network suppliers, such as Jiffy Lube, Firestone, Penske Auto Centers, Pep Boys and Safelite AutoGlass. Since introducing the MasterCard fleet card last year, Cendant also has offered rebates on gasoline purchased at participating Shell stations.

Cendant Business Services is a unit of fleet card leader PHH, which was purchased by Cendant Corp. Since the acquisition, the company has expanded its portfolio of payment products to T&E and purchasing, as well as the one-card that combines all three functions on one piece of plastic.

Unlike other MasterCard fleet card issuers, Cendant is offering extensive line-item detail of all fleet purchases, collecting the data through its existing fleet network. Cendant also offers real-time transaction information to cardholders and corporations via its Web site.

Cendant convinced the participating service establishments to fund the rebate as a means to drive up business for all the companies. The rebates are paid on a monthly basis to the corporation, not the individual cardholder.

"The Cendant Card expense management system is designed to take substantial costs out of your business," said William Brooks, general manager. "Now, in addition to streamlining your payment system, enhancing your volume leverage and providing access to expense information from any Internet browser, we've added another cost reduction opportunity that benefits the fleet vehicle customer.