28.11.2008 – 10:32

GE Money Bank

GE Money Bank: M...MasterCard - Top of the Credit Card Hit Parade

Zurich (ots)

- Information: Pictures can be downloaded on: 
  www.presseportal.ch/de/pm/100008849 -

In the customer satisfaction survey recently
carried out by comparis.ch, the internet comparison service,
M...MasterCard from Migros came away with the top score in the hit
parade of credit cards. This card, which is issued by GE Money Bank,
received the highest score of 5.2 points from the group of 12 issuers
and was awarded the Comparis certificate.

The M...MasterCard from Migros, which was launched in November
2006 as the M-Budget MasterCard, has improved its position over last
year in the comparis.ch customer satisfaction survey and received the
top overall mark of 5.2 out of a possible 6 points. 853 people from
all over Switzerland took part in the survey.

Top Marks for Charges and Costs

The card was awarded the top score of 5.1 points in the area of
customer satisfaction as regards charges and costs. This confirms the
finding that the Migros credit card is seen as the most attractive in
the market. The M...MasterCard is free; in other words, there's no
annual charge. It is full-service credit card that can be used at
home and abroad. The annual interest rate of 9.9% is one of the
lowest in the market.

Customers were especially impressed by the additional services
provided by the card. These received the outstanding mark of 5.8
points. This result is primarily due to Migros' unique CUMULUS bonus
program. When cardholders use their cards at Migros and elsewhere,
both at home and abroad, they accumulate valuable CUMULUS points.
These are then paid out in the form of vouchers, which are equivalent
to cash.

Customers gave the M...MasterCard a very good score of 5.5 points
for the clarity and layout of the credit card statement. The
M...MasterCard was also awarded an outstanding 5.7 points for its
cardholder support services in the event of loss or other problems
that can arise.

Moreover, the Comparis survey documents the fact that credit card
holders in Switzerland behave extremely responsibly. 77 percent of
them explicitly declared that they paid their credit card bills in
full each month and not in installments.

Additional information: 
www.comparis.ch/kreditkarten/umfrage/hitlist.aspx

GE Money Bank belongs to the global GE Money division of GE
(General Electric Company). GE Money Bank operates in the areas of
automotive financing, car leasing, private credit, credit cards,
insurances and savings. The company has 800 employees and has its
headquarters in Zurich as well as 25 offices throughout Switzerland.
Further information can be found on: www.gemoneybank.ch

Contact:

Ute Dehn
Tel.: +41/44/439'81'94
E-Mail: ute.dehn@ge.com