Linux Foundation introduces Linux-Branded affinity Visa Platinum credit card
Posted on 29-Jul-2009 10:45
| Filed under: News
: FinTech
The Linux Foundation, the nonprofit organization dedicated to accelerating the growth of Linux, will start offering an affinity Visa Platinum credit card for people who want to contribute to advancing the Linux operating system through Linux Foundation initiatives.
“This credit card is in response to requests by individuals who want to get involved and support the Linux Foundation’s community activities,” said Jim Zemlin, executive director at The Linux Foundation. “Some people write code while others work on marketing or defending Linux. The Linux-branded credit card is an easy way for anyone to contribute to the growth of Linux and identify themselves as supporters of the community by carrying Tux in their pocket.”
The Linux Foundation is partnering with CardPartner, Inc. to offer the affinity Linux credit card through UMB Bank. The Linux Foundation will receive US$50 for every activated card as well as a percentage of every purchase made with the credit card. All funds from the Visa card program will go directly towards providing community technical events and travel grants for open source community members in order to accelerate Linux innovation.
The Linux Foundation uses funds from a variety of revenue streams to sustain these important services. Proceeds from the affinity Linux Foundation Visa Card will complement other funding sources such as member dues, events, and Linux.com advertising.
Card members can earn bonus points redeemable towards free merchandise, airline tickets and more at hundreds of online and neighborhood retailers.
Card member features include no annual fee and 0% APR on purchases and balance transfers for the first six months.
Initially, the Linux Foundation Visa Platinum card is only available to U.S. residents but will expand in the coming months.