New Card from Citi and American Honda Motor - Products News

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Credit Card Applications » News » Products » New Card from Citi and American Honda Motor

New Card from Citi and American Honda Motor

New Card from Citi and American Honda Motor
August
4
The content is accurate at the time of publication and is subject to change.
This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.

Citi Retail Services has inked a deal with American Honda Motor Corp, making the way for a private label credit card program. It will specifically be designed for Honda’s Powersports dealer network based in the U.S., offering people looking to gear up for a motorcycle or scooter ride with financing options.

They see this new product as being a way to make power sports vehicles more accessible for their customers. “This new agreement with Citi Retail Services will help Honda dealers offer value to our customers with a program for financing Honda’s motorcycles, scooters, ATVs, Side-by-Sides, parts, and accessories,” said Chuck Boderman, vice president of American Honda’s Motorcycle Division.

“We look forward to working with Citi Retail Services to offer value and convenience of the Honda Card to our dealers and satisfying our customers,” he said.

Not the first deal with Citi

But this is not the first time Honda and Citi have partnered up. This deal comes on the heels of signing another deal with Honda Power Equipment in April 2017, paving the way for creating new private label financing options for customers looking to buy Honda Power Equipment.

The deal also includes offering promotions. Honda’s power equipment division includes half a dozen product lines including generators, tillers, pumps, trimmers, lawn mowers and snow blowers.
Citi and Powersports

The new partnership with American Honda Motor Corp adds to Citi Retail Services’ portfolio of power sports and equipment retailers. “Following our recent agreement with Honda Power Equipment, we are excited to expand our partnership to offer industry-leading financing options to customers of American Honda Motor Corp,” said Craig Vallorano, head of Citi Retail Services.

“As we continue to build Citi Retail Service’s portfolio in the power sports and equipment market, we’re proud to work together with strong and respected brands like Honda,” he said.

Citi offers both businesses and consumers a wide range of financial products and services, like corporate and investment banking, consumer banking and credit, securities brokerage, wealth management and transaction services. They provide services in over 160 countries as well as jurisdictions.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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