ATLANTA, June 15, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), a diversified financial services provider and parent company of NetBank(r) (www.netbank.com), today announced a new affiliation with Marriott Rewards(r), Marriott International's (NYSE:MAR) award-winning guest loyalty program. Marriott Rewards members have the opportunity to earn up to 19,000 rewards points for opening and funding a variety of NetBank accounts.
"Alliances such as the one we are announcing today allow NetBank to market our services to consumers who share similar characteristics to our existing customer base -- mainly busy professionals like frequent travelers who appreciate the value and convenience of doing business online," said Donna Mack Crowell, director of strategic alliances for NetBank. "Internet banking is in step with their lifestyle, and as a NetBank customer, they can enjoy a convenient connection to their money no matter where their travels take them."
Marriott Rewards points for opening a NetBank account can be earned in the following ways:
-- 7,500 points for opening and funding a checking account with a
minimum deposit of $50 and maintaining an average daily balance
of $500 for at least one month
-- 6,500 points for opening and funding a Money Market account with
a minimum deposit of $100 and maintaining an average daily balance
of $1,000 for at least one month
-- 2,000 points for opening and funding a Certificate of Deposit
account with a minimum amount of at least $1,000 and a term of at
least 12 months
-- 2,000 points for making direct deposits into a new checking or
Money Market account totaling at least $500 in one month
-- 1,000 points for making at least three online bill payments in one
month from a new checking account
"We're pleased to add NetBank as a partner and provide our Marriott Rewards members with yet another way to earn points through services that fulfill everyday needs," said Ed French, senior vice president of customer relationship management for Marriott International. "The flexibility of NetBank's services and the generous points offer create a valuable opportunity for our members and make life easier for these very busy travelers."
Marriott Rewards members can learn more about earning rewards points through NetBank by visiting www.netbank.com/marriott. For more information about the Marriott Rewards program or to join, members can log onto www.MarriottRewards.com.
About NetBank, Inc.
NetBank, Inc. (Nasdaq:NTBK) operates with a revolutionary business model through a diverse group of complementary financial services businesses that leverage technology for more efficient and cost effective delivery of services. Its primary areas of operation include personal and small business banking, retail and wholesale mortgage lending, and transaction processing. For more information, please visit www.netbankinc.com.
About Marriott International. Inc.
Marriott International, Inc.'s (NYSE:MAR) award-winning guest loyalty program, Marriott Rewards, has over 2,600 participating hotels in 66 countries and 24 million members. Marriott Rewards offers members the choice of earning/redeeming points, or earning frequent flyer mileage at nine distinct lodging brands -- Marriott Hotels & Resorts; JW Marriott Hotels & Resorts; Renaissance Hotels & Resorts; Marriott Vacation Club International; Courtyard by Marriott; Fairfield Inn by Marriott; Residence Inn by Marriott; SpringHill Suites by Marriott and TownePlace Suites by Marriott. Points may also be earned at ExecuStay by Marriott and Marriott Executive Apartments. For the past eight years, Marriott Rewards has been named "Best Hotel Reward Program in the World" by Business Traveler magazine and was named "Best Hotel Loyalty Program" by the readers of Businessweek magazine. Marriott Rewards can be found online at www.MarriottRewards.com