What is a co-branded credit card?

A co-branded credit card is a type of credit card that is jointly sponsored by two different companies. This type of credit card typically offers customers special rewards and incentives that are based on the products and services of both companies. For example, a hotel chain and an airline may partner together to offer customers a co-branded credit card that offers discounts on stays at the hotel chain and free airline miles. This type of credit card can be beneficial to both customers and companies as customers get rewards and discounts for using the card, while the companies get exposure from the partnership as well as potential sales from the co-branded credit card. In Delaware, co-branded credit cards are subject to the same laws as any other type of credit card, including the Truth in Lending Act and the CARD Act. These laws ensure that consumers are protected from predatory lenders and are provided with the necessary information to make informed decisions when using a credit card. Additionally, these laws apply to co-branded credit cards as well, so customers in Delaware should be aware of their rights and responsibilities when using any type of credit card.

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What is a co-branded credit card?

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