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Meijer Card Changing to Comenity!

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B335is
Moderator Emeritus

Meijer Card Changing to Comenity!

Looks like Comenity is picking up the Meijer cards!  I'll go for it once it changes, I'm almost at the limit for Synchrony.

 

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...

Message 1 of 8
7 REPLIES 7
Creditaddict
Legendary Contributor

Re: Meijer Card Changing to Comenity!

Wonder why Comenity doesn't make a bid for Sync... it's been for sale since like 2008!

Comenity could probably afford it now

Message 2 of 8
SunriseEarth
Moderator Emeritus

Re: Meijer Card Changing to Comenity!


@B335is wrote:

Looks like Comenity is picking up the Meijer cards!  I'll go for it once it changes, I'm almost at the limit for Synchrony.

 

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...


Sync is losing a lot of their portfolio.   Pretty soon, JCP and Walmart will be the only ones left.



Start: 619 (TU08, 9/2013) | Current: 809 (TU08, 3/05/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Discover IT $46000 | Disney Premier VS $43600 | Venmo VS $30000 | NFCU More Rewards AMEX $25000 | Macy's AMEX $25000 Store $25000 | Cash+ VS $25000 | Altitude Go VS $25000 | Synchrony Premier $24,200 | Sony Card VS $23750 | GS Apple Card WEMC $22000 | WF Active Cash VS $18,000 | Jared Gold Card $16000 | FNBO Evergreen VS $15000 | Citi Custom Cash MC $14600 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Amazon VS $12000 | Freedom Flex WEMC $10000 | Belk MC $10000 | Wayfair MC $4500 ~~
Message 3 of 8
corymcd88
Valued Contributor

Re: Meijer Card Changing to Comenity!


@SunriseEarth wrote:

@B335is wrote:

Looks like Comenity is picking up the Meijer cards!  I'll go for it once it changes, I'm almost at the limit for Synchrony.

 

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...


Sync is losing a lot of their portfolio.   Pretty soon, JCP and Walmart will be the only ones left.


Sync is losing a lot of ther cards to what bank or banks? Witch cards are going to change?

Message 4 of 8
haiti222
Contributor

Re: Meijer Card Changing to Comenity!

WF is taking over Dillards.

Message 5 of 8
SunriseEarth
Moderator Emeritus

Re: Meijer Card Changing to Comenity!


@corymcd88 wrote:

@SunriseEarth wrote:

@B335is wrote:

Looks like Comenity is picking up the Meijer cards!  I'll go for it once it changes, I'm almost at the limit for Synchrony.

 

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...


Sync is losing a lot of their portfolio.   Pretty soon, JCP and Walmart will be the only ones left.


Sync is losing a lot of ther cards to what bank or banks? Witch cards are going to change?


The two I know off the top of my head are Dillard's (Wells Fargo) and Meijer (Comenity).   Walmart and JCP make up a large portion of their portfolio.  



Start: 619 (TU08, 9/2013) | Current: 809 (TU08, 3/05/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Discover IT $46000 | Disney Premier VS $43600 | Venmo VS $30000 | NFCU More Rewards AMEX $25000 | Macy's AMEX $25000 Store $25000 | Cash+ VS $25000 | Altitude Go VS $25000 | Synchrony Premier $24,200 | Sony Card VS $23750 | GS Apple Card WEMC $22000 | WF Active Cash VS $18,000 | Jared Gold Card $16000 | FNBO Evergreen VS $15000 | Citi Custom Cash MC $14600 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Amazon VS $12000 | Freedom Flex WEMC $10000 | Belk MC $10000 | Wayfair MC $4500 ~~
Message 6 of 8
corymcd88
Valued Contributor

Re: Meijer Card Changing to Comenity!


@SunriseEarth wrote:

@corymcd88 wrote:

@SunriseEarth wrote:

@B335is wrote:

Looks like Comenity is picking up the Meijer cards!  I'll go for it once it changes, I'm almost at the limit for Synchrony.

 

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...


Sync is losing a lot of their portfolio.   Pretty soon, JCP and Walmart will be the only ones left.


Sync is losing a lot of ther cards to what bank or banks? Witch cards are going to change?


The two I know off the top of my head are Dillard's (Wells Fargo) and Meijer (Comenity).   Walmart and JCP make up a large portion of their portfolio.  


When is this happing and links to this info?

Message 7 of 8
MJ-san
Frequent Contributor

Re: Meijer Card Changing to Comenity!

https://www.wellsfargo.com/about/press/2014/20140401_dillards-credit-card/

http://www.marketwatch.com/story/alliance-data-to-deliver-customized-credit-card-programs-to-support...

 

and PayPal will be next (see http://www.sec.gov/Archives/edgar/data/1601712/000119312514096671/d680310ds1.htm  page 19)...
"PayPal, we expect to extend our program agreement for two years beyond its current contractual expiration date in 2014. Although we do not expect the program agreement to be extended beyond the two year extension, we expect that we will agree to a fixed formula for PayPal to purchase the portfolio after the extension expires"

Message 8 of 8
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