Holiday Inn Club Vacations, in partnership with financial technology company Imprint, has announced the introduction of a new credit card.

The new Holiday Inn Club Vacations World Mastercard enables cardholders to get unlimited rewards that are redeemable when they make their Holiday Inn Club Vacations purchases.

The purchases involve mortgage and homeowners association payments as well as rental nights and on-premise dining. They do not incur any annual fee.

Cardholders can receive 3% back on Holiday Inn Club Vacations purchases and 1% back on the rest of the offerings.

Cardholders can also receive a $50 welcome bonus following the purchase of $1,000 within the first 90 days of registration, immediate access to a digital card after approval and complimentary ShopRunner membership.

First Electronic Bank is involved in the issuance of Holiday Inn Club Vacations World Mastercard credit card accounts under a licence from Mastercard International.

The Holiday Inn Club Vacations Credit Card is driven by Imprint Payments.

Holiday Inn Club Vacations chief financial officer Sonya Dixon said: “Powered by a strategic goal of customer obsession, we are constantly listening to our owners and guests.

“Working closely with Imprint, we were able to build a new credit card that uniquely fits the needs of our owners and guests, while providing even more value to the Holiday Inn Club Vacations experience.

“This card will provide endless rewards that can be managed in real-time and it will give our owners the opportunity to create memorable experiences through our partnership with Mastercard and their priceless assets and sponsorships.”