What is a co-branded credit card?

A co-branded credit card is a type of credit card that is issued by two companies in partnership. The card typically displays both the name of the financial services company that issued the card (or the bank issuing the card) and a logo of a partner company. The partner company may be a retail store or a travel website, for example. In Texas, co-branded cards are subject to the same credit card laws as regular cards. This includes laws related to interest rates, fees, and payments. If the card is offered to Texas residents, it must provide the same protection against unfair and deceptive practices as other cards. The co-branded credit cards also come with additional benefits. Depending on the partner, customers may be able to get additional rewards points or discounts with their credit card purchase. The partner company may also add additional features such as frequent flyer miles or cash back rewards. Co-branded cards can be an excellent way to get rewards from two companies at once, but consumers should always read the terms of the card before applying. They need to be aware of any additional fees or interest rates that may be associated with the card. Additionally, it is important to remember that these cards may have higher fees and interest rates than regular credit cards.

Related FAQs

What kind of protection do I have if I'm a victim of identity theft?
What is a variable rate credit card?
What are the different kinds of interest rates for credit cards?
What is the difference between a secured credit card and an unsecured credit card?
What is the Fair Debt Collection Practices Act?
What are the advantages and disadvantages of using a prepaid credit card?
What is APR?
What is theCard Act of 2009?
What can I do to protect myself from credit card fraud?
What is a credit limit?

What is a co-branded credit card?

Related FAQs

Related Blog Posts