What is a co-branded credit card?

A co-branded credit card is a credit card that is issued by a bank in partnership with a store or other organization. The card can be used to pay for purchases from the partnering organization, as well as anywhere else that takes Mastercard or Visa credit cards. The rewards or incentives associated with the card may be specific to the partnering organization, such as discounts or free gifts. In Oregon, co-branded credit cards are regulated by the Oregon Unfair Credit Practices Act, which sets standards for disclosure of information, fees, and other features that must be followed by card issuers. Card issuers must also comply with the Fair Credit Billing Act, which places limits on the fees they can charge for late payments or over-the-limit transactions. Co-branded credit cards can be a great way to maximize your rewards or loyalty points for your preferred store or brand. They often come with special offers or discounts that other credit cards don’t offer. However, it is important to read the terms and conditions associated with any credit card you are considering to make sure that it is the right choice for your needs.

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What is a co-branded credit card?

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