AmEx, Sheraton co-brand

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ITT Sheraton and American Express will issue a co-branded credit card. The ITT Sheraton ClubMiles Card from American Express will feature no annual fee, one ClubMile for every eligible dollar charged at participating merchants, a 50% off certificate for Sheraton hotels and resorts, an 8.9% introductory rate and 1,000 ClubMile bonus points upon the first charge with the card. Club Mile is Sheraton's global frequent guest program. Points are redeemable for hotel stays, airline and car rental rewards.

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