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Synchrony is the largest provider of private-label credit cards in the U.S. Brands partnered with Synchrony include Amazon, Lowe's, Guitar Center, Cathay Pacific, Rakuten, Verizon, Sleep Number, Walgreens, and Sam's Club.
In July 2014 GE Capital led Synchrony, a new independent company, which was now the largest private-label credit card provider in the US. With the launch of Synchrony Keane became one of only two women CEOs running US-owned, independent, publicly traded banks valued at over $10 billion.
Credit card issuer Synchrony Financial — which specializes in store-branded cards — announced in late April that it is hiking interest rates on many cards, along with taking other steps to...
Amex had a 4.61% worldwide market share by payment volume in 2022, compared to 38.73% for Visa and 24% for Mastercard. While American Express credit cards are accepted at 99% of US merchants that accept credit cards ( Costco being the notable exception), they are much less accepted in Europe and Asia.
If you have a branded credit card, there’s a good chance it’s through Synchrony. You can also apply for a MasterCard credit card directly through Synchrony — the Premier card option...
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Credit card balances are on the rise, while credit scores are dropping. Yet, some Americans still believe that carrying a balance on their credit card is helping to boost their credit score.