PYMNTS Intelligence finds that 2.5 times as many consumers possess a general-use credit card than own a co-branded credit or store card. Yet, because 27% of all U.S. consumers also have these more specialized cards, we wanted to take a closer look at their popularity....
General-purpose credit cards dominate the consumer credit card landscape. In fact, about 2.5 times more consumers hold general-use credit cards than either co-branded credit or store cards, with substantially wider gaps among lower-income consumers and those in younger age groups. Moreover, cardholders who have both...
BankBazaar.com, a FinTech co-branded credit card issuer and online platform for free credit score, will go for an IPO in 2023, a report in the Times of India said Thursday (April 7). The company plans to recruit over 1,500 new employees for its expansions of...
Costco’s customers will soon have their Citi co-branded credit card in hand. Citi announced late last week that the cards would begin shipping in order to replace the American Express cards that will end as part of the relationship between Amex and Costco ending over the...
May 07, 2024
General-purpose credit cards dominate the consumer credit card landscape. In fact, about 2.5 times more consumers hold general-use credit cards than either co-branded credit or store cards, with substantially wider gaps among lower-income consumers and those in younger age groups. Moreover, cardholders who have both types of cards tend to reach for the latter more […]
June 16, 2024
Wells Fargo and Bilt are denying reports that their co-branded credit card relationship is in trouble. The banking giant teamed with the FinTech startup in 2022 on a card that let users pay their rent while earning rewards points. However, The Wall Street Journal (WSJ) reported Sunday (June 16), citing current and former employees, that […]
April 07, 2022
BankBazaar.com, a FinTech co-branded credit card issuer and online platform for free credit score, will go for an IPO in 2023, a report in the Times of India said Thursday...
March 29, 2016
Costco’s customers will soon have their Citi co-branded credit card in hand. Citi announced late last week that the cards would begin shipping in order to replace the American Express...
February 05, 2016
Amazon and JPMorgan Chase/Visa will stay together. Citing sources said to be close to the matter, The Wall Street Journal reported that JPMorgan Chase’s deal with Amazon to offer its co-branded...
