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Avelo Launches Co-Branded World Elite Mastercard With Cardless, Offering Avelo Cash Rewards and Perks

The fintech partnership promises faster approvals with AI-driven personalization.

Overview

  • Avelo introduced the Avelo Airlines World Elite Mastercard built on the Cardless platform.
  • Cardholders earn 5% Avelo Cash on Avelo purchases and 2% on other spending, redeemable as the airline’s digital travel credit.
  • Included travel benefits are a free carry-on bag, priority boarding, and standard seat selection.
  • Secondary coverage reports First Electronic Bank as issuer, a $250 Avelo Cash bonus after $1,000 in purchases, and a $99 annual fee.
  • Avelo and Cardless say they will use continuous data review to optimize rewards and benefit offers.