OfficeMax Launches New Credit Card for Businesses

OfficeMax® Incorporated (NYSE:OMX), a leader in office and facility supplies, technology and services, today announced a new store-brand credit card for small business customers. The new OfficeMax Business Credit Card, available through a new relationship between OfficeMax and Citi® Retail Services, provides businesses with a new, flexible credit option to help fund and manage their office expenses and free up critical capital to help keep their businesses running smoothly. The move also adds to OfficeMax's line of credit products to help customers purchase office supplies and services.

Business customers can apply for the OfficeMax Business Credit Card at OfficeMax.com and in stores nationwide and, upon approval, start making purchases instantly. Card members are automatically enrolled in the OfficeMax MaxPerks® Rewards program, allowing them to earn $25 in MaxPerks Rewards for every $500 spent on qualified purchases1. The card also offers benefits including no annual fee, a dedicated line of credit for office supplies and services, detailed tracking services on purchases and online account management. Additionally, business credit card holders will have opportunities to take advantage of periodic special extended financing and other promotions.

"The OfficeMax Business Credit Card extends lines of credit to small businesses that continue to face a challenging economic environment," said Michael Lewis, executive vice president and president of retail at OfficeMax. "We aim to remove barriers to purchases for our business customers. The new OfficeMax Business Credit Card is helping businesses obtain the necessities for their day-to-day operations and further, for their long-run success."

"We are thrilled to work alongside OfficeMax to provide business customers with a new, convenient payment option for office supplies and business services," said Craig Vallorano, executive vice president, Business Development and Strategy for Citi Retail Services, which provides retail credit card products and services to national and regional retailers across the U.S. "Citi Retail Services' family of retailers continues to grow, and OfficeMax is a valued addition."