What is a co-branded credit card?

A co-branded credit card is a card that is branded with two separate entities. It is usually a partnership between a credit card issuer and an outside organization like a retailer or airline. The issuer typically provides the cardholders with a line of credit that can be used for purchases, and the outside organization offers rewards or other benefits. For example, a retailer may offer a co-branded card that rewards cardholders with discounts or points for every dollar they spend at its stores. An airline may offer a co-branded card that rewards customers with free flights after they have spent a certain amount of money. In Tennessee, credit card law regulates the co-branded cards and requires that the partner companies prominently display the terms and conditions of the card, including any applicable fees and rewards programs. Co-branded cards are an attractive option for consumers looking to earn rewards or take advantage of discounts.

Related FAQs

Are there any rules or regulations that apply to credit card companies?
What is the Fair Credit Reporting Act?
How do I dispute a charge on my credit card statement?
What is Credit Card Act of 2009?
What are the different types of fraud protection programs?
How do credit card companies make money?
What is a credit card processor?
What is a credit report?
What kind of protection do I have if I'm a victim of identity theft?
What is a balance transfer?

What is a co-branded credit card?

Related FAQs

Related Blog Posts