Diamond Resorts International in partnership with Barclaycard US has launched new Diamond Resorts MasterCard.

The new Diamond Resorts MasterCard will provide cardholders with the opportunity to Stay Vacationed and enjoy Vacations for Life, an offering of regularly scheduled vacations through Diamond Resorts worldwide portfolio of vacation experiences.

The new card offers benefits such as: pay no interest for six months on any Diamond Resorts International down payment and 10% rebate on Diamond Flexibility points rental purchases if made with the Diamond Resorts MasterCard.

In addition, cardholders can earn two Diamond Plus Points per dollar spent on all Diamond Resorts purchases (excluding down payments) and one Diamond Plus Point spent on all other purchases.

Diamond Plus Points enable members to redeem for statement credits toward vacation spending including member fees.

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Denny Nealon, managing director, co-brand partnerships, Barclaycard US, said: "Diamond Resorts International’s THE Club has a network of 300 managed and affiliated vacation destinations around the world that provide families with the opportunity to create lasting memories.

"And, now with the new Diamond Resorts MasterCard cardmembers can enjoy additional benefits by simply using the card on their everyday purchases."