Lexus Pursuits Visa
 

Lexus is now offering a branded Visa card. You can earn points to redeem towards the downpayment on a new Lexus (I believe up to 10% of the purchase price or 10% of the gross capitalized cost on the lease of a new Lexus). You can also join their optional Lexus Pursuites Travel Rewards Program and redeem points towards tickets on any major airline with no blackout dates, seat restrictions, or Saturday night stays required. You are not limited to just one airline. There is a non-refundable Travel Rewards Program yearly fee of $60, but the credit card, which does not require you join the Travel Rewards Program, is without an annual charge.

I got the mailing. The big nub is that you can earn up to 50,000 ff points when you use the VISA to buy a Lexus!

That could get my attention.
R.

http://www.lexus.com/pursuits/index.html

Here's the Lexus Visa web page. Unfortunately, nothing I can see about FF points for buying a Lexus with the card.

Here's a quote from the material: Earn 5 ponts for every $1. spent in net purchases made at Lexus dealerships (earn up to 50,000 points per transaction when you use it to purchase your next Lexus)

This is getting my attention also... 1.5% back is a pretty good deal if you consider that FF miles are getting harder & harder to spend.