Greenpoints to Offer Points For Auto Loans

October 10, 2006 · 0 comments

According to this press release from HSBC Auto Finance, Greenpoints has entered into an agreement with HSBC to offer points to Greenpoints members for new and refinanced auto loans. Greenpoints’ almost 8 million members will have the opportunity to earn 15,000 points through this offer. At the current rates of redemption, that would buy you three $5 GCs. Not very impressive…but then again, nothing about Greenpoints is.
Ron Pederson, Greenpoints’ President and CEO, said: “This exciting new program with HSBC demonstrates S&H Solutions’ desire to fulfill our commitment to build strategic coalition partnerships while expanding the range of financial service products through which S&H greenpoints members earn valuable rewards.”
HSBC is one of the top 10 financial services organizations in the U.S., according to the press release, with assets totalling nearly $300 billion.
While the agreement may have been signed, the offer is not yet up on Greenpoints’ site. So hold off on buying that new car — you don’t want to miss out on earning a whole $15 for going through Greenpoints!

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