By Catey Hill, MarketWatch
Retail card interest rates climb to an average of 23.23%
-Catey Hill; 415-439-6400; AskNewswires@dowjones.com
Buyers beware: The insanely high interest rates on some stores' credit cards make the markups they add to merchandise look like child's play.
DALLAS , July 29, 2014 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS) , a leading global provider of data-driven marketing and loyalty solutions, today announced its Retail Services business, which manages more than 130 private label and co-brand credit programs, has signed a new long-term agreement to provide co-brand credit card services for BJ's Wholesale Club .
The National Wild Turkey Federation (NWTF), the leader in upland
wildlife habitat conservation in North America, and Commerce Bank have
come together to offer NWTF members a Visa ® rewards credit
card, the only credit card that gives back to the NWTF.
The University of Montana Alumni Association (UMAA), a network of more
than 120,000 alumni and friends, and Commerce Bank have come together to
offer UMAA members a Visa Signature ® rewards credit card.
Corporation (NYSE: GME), a family of specialty retail brands that
makes customers’ favorite technologies affordable and simple, and Alliance
Data Systems Corporation (NYSE: ADS), a leading global provider of
data-driven marketing and loyalty solutions, today announced the
introduction of a GameStop-branded private label credit card program.
- Alliance Data Retail Services to expand footprint in mass market retail by launching co-brand and private label credit programs for one of America's largest retailers
- Program to attract new customers to Meijer brand, drive loyalty among existing customers and increase market share for the brand - Alliance Data to acquire Meijer's existing portfolio of co-brand and private label credit card customers DALLAS , Sept.
Synchrony Financial (NYSE: SYF ),
a leader in consumer financial services with 80 years of retail
heritage, has signed a multi-year agreement with Lowe’s (NYSE: LOW )
to continue providing financing programs for commercial and consumer
customers through the home improvement retailer’s more than 1,800 stores
Credit Card was introduced in 1979 and expanded to include commercial
financing in 1993.
Synchrony Financial (NYSE: SYF ),
a premier consumer financial services company with 80 years of retail
heritage, has signed a multi-year agreement with REEDS Jewelers, Inc. to
provide a private label credit card program for consumer purchases
through REEDS 59 retail stores in 13 states and at REEDS.com.
The new REEDS Jewelers Card launches March 1, 2015, providing a
dedicated line of credit and special financing options for the purchase
of diamonds, bridal jewelry, Swiss timepieces, customized family
jewelry, and much more.
CA Technologies (NASDAQ:CA) today announced that Hanseatic Bank, a
private bank based in Hamburg and operating throughout Germany, has
Transaction Manager and CA
Risk Analytics , components of CA’s SaaS-based payment authentication
solution, to help reduce fraud and improve cardholder engagement.
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