Bank Lippo offers cellular incentive

Bank Lippo offers cellular incentive

JAKARTA (JP): Bank Lippo will cooperate with PT Excelcomindo
Pratama, one of the country's cellular telephone operators, to
market its credit card service.

Under an agreement signed here yesterday, applicants for Bank
Lippo credit cards can get a free cellular phone when their
application has been approved by the bank, or buy them at a much
lower price than usual.

"Customers could save about Rp 600,000 off the price of a
cellular phone," Didik Sunardi, the General Manager of
Excelcomindo Product Management, said yesterday.

Approved credit card applicants could get a Motorola D160 for
free, a Motorola Startac for Rp 1.59 million, an Ericsson GF388
for Rp 505,000, or a Nokia N8110 for Rp 595,000, he said.

The price includes Exelcomindo SIM GSM-XL service card and a
free use of the telephone for a month.

"The Ericsson GF 388, for example, costs Rp 1.09 million on
the market," Didik said after the loan signing.

The package is only effective in the Greater Jakarta area, he
said.

Excelcomindo is a cellular operator with about 105,000 users
in Java and Bali.

Didik said the company expected 10,000 new users a month.

Lippo Card Center Manager's Bambang Sambada said yesterday the
bank expected to issue 15,000 credit cards a month.

The alliance would allow Lippo credit card customers to pay
their cellular phone bills by credit card, after a year of
subscribing the service, he said. (das)