Synchrony and Midas Still Partners - Card Issuers News

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Card Issuers » Synchrony and Midas Still Partners

Synchrony and Midas Still Partners

Add to Favorites:
Synchrony and Midas Still Partners
March
31

Synchrony Financial and Midas, an automotive aftermarket service retailer, have inked a multi-year deal extending their credit card relationship. With this deal, Synchrony will keep on providing Midas with a private label credit card – one that offers special financing and access to the Synchrony Car Care network so cardholders can finance both unexpected or planned automotive expenses.

Special financing with the card

With this card people get access to special financing on purchases valued over $199 whether they are getting steering and suspension repairs or dealing with muffler or exhaust issues. They are also in the Synchrony Car Care network, which means that cardholders can access other benefits, such as being able to use their card when they pull up to the pumps at well over 185,000 gas stations across the U.S.

The duo has been offering this credit card for well over a decade. “We’re pleased to renew this valuable program with Midas and continue providing payment options for motorists who trust their auto care to this iconic repair and service brand,” said Glenn Marino, executive vice president and CEO, Synchrony Financial Payment Solutions platform. “The Synchrony Car Care program also adds more flexibility for motorists, allowing them to fuel up their vehicles near home, work or while traveling.”

Financing matters

In Synchrony’s Major Purchase Consumer Study, they found that 33% of people in the who had cars or trucks, said that they would have forgone a major automotive purchase – one costing $500 or more–if financing was not available, or they would have gone to another retailer or service station to get it done.

On the other hand, 70% of respondents indicated that they “always” look for financing promotions when they need to make a big ticket purchase, while 88% weighed in that they felt like financing promos made these purchases feel more affordable.

The Synchrony Financial Fifth Annual Major Purchase Consumer Study took place between June 2016 and July 2016–and it was conducted by a third party. They surveyed shoppers about their experiences when it came to making or planning to make big ticket purchases costing $500 and up.

Add to Favorites:

Related News:

Bank of America and PayPal Strike a Deal

Posted: August 16, 2017

With more and more people interested in making mobile and digital payments, Bank of America and PayPal have inked a new deal paving the way for Bank of America customers to be able to link their credit and debit cards with PayPal and use ... Continue reading
Visa Helping Make Using QR Codes Easier

Posted: August 15, 2017

QR code payment technology is used around the world, and in some parts of the globe it is helping set the stage for a cashless future. In keeping with this trend, Visa has thrown their weight behind supporting and developing new global QR ... Continue reading
U.S. News & World Report Names Best Travel Rewards Programs

Posted: August 14, 2017

For the third year in a row, Alaska Airlines Mileage Plan took the top spot in U.S. News & World Report's 2017-18 Best Travel Rewards Programs rankings, with Delta SkyMiles coming in second. When it comes to hotel rewards programs Marriott ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Match Mile For Mile: We’ll match all the Miles you’ve earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
You could turn $150 into $300 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
For Excellent, Good Credit
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit