ADVISORY/Mayor Skip Rimsza Welcomes NextCard's e-Commerce Customer Contact Center to Phoenix

Business Wire, June 26, 2000

Business/News Editors and High-Tech Writers

ADVISORY...for Tuesday (June 27)

--(BUSINESS WIRE)

To:               Phoenix editors and reporters

What:             Grand Opening!
                  NextCard's e-Commerce Customer Contact Center

Where:            4129 East Van Buren (at 44th Street), Phoenix

Schedule:         Tuesday, June 27

4:00 p.m.         Gathering and Cocktail Reception
4:30 p.m.         Welcome by Mark Attinger, NextCard, VP of Phoenix
                  Operations
                  Introduction to NextCard by John Hashman, President
                  and CFO
                  Remarks and Ribbon Cutting by Skip Rimsza, Mayor of
                  Phoenix

Contact:          Daniel Lemin 415/369-5899 or Charlie Fritsch
                  602/322-0527

Background:

NextCard Inc., the leading issuer of consumer credit on the Internet, announced on March 6 that it began developing a leading edge customer contact center in Phoenix. Since then, NextCard has hired over 150 employees for the new facility. By December 31, 2000, NextCard will employ over 700 employees in Phoenix to meet the company's aggressive growth and deliver superior customer service.

The 100,000 square foot facility supports NextCard's growing customer base with real-time chat interaction, email and telephone support. Mark Attinger, a 13 year veteran of American Express, heads the facility.

NextCard was the first to offer instant online credit card approval, a choice of customized credit card offers, automated balance transfers, personalized PictureCard(SM) and exceptional customer service. NextCard continues to innovate with its complete GoShopping!(SM) service, NextCard Concierge(SM) one-click shopping companion, online bill payment services and comprehensive rewards program. The company was ranked the No. 1 Internet Credit Card by Gomez Advisors (www.gomez.com).

We look forward to seeing you at the grand opening celebration!