Synchrony Financial, a premier consumer financial services company with 80 years of retail heritage, today announced a definitive, multi-year agreement with BP, a leading oil and gas energy company, to provide the private label credit card and co-branded credit programs for consumers nationwide.
The new BP credit card programs will launch in the second quarter of 2015 and will include the BP private-label credit card and co-branded options for qualifying customers, which provides additional card utility as it can be used for purchases at over 7,000 BP locations as well as other retail locations.
“We’re pleased to partner with an experienced team to bring our customers valuable rewards and the convenience of a dedicated line of credit to use for all of their fuel, service and convenience store purchases,” said Helen Fitzpatrick, marketing director of product and offer development for BP.
“We look forward to working with BP and its network to provide drivers with credit and reward options that maximize their savings,” said Tom Quindlen, CEO Retail Cards with Synchrony Financial. “We have deep experience in the oil and gas and retail industries. This transaction will grow Synchrony Financial’s presence in the segment, with a renowned provider of fuel products for over a century.”