Barclays to Become Exclusive Issuer of General Motors Credit Cards
BCSBarclays(BCS) PYMNTS.com·2024-10-15 01:35

Barclays US Consumer Bank will become the exclusive issuer of General Motors' GM Rewards Mastercard and GM Business Mastercard in the United States in the summer of 2025 and will acquire the card program's receivables from the current issuer — Goldman Sachs — next year. The bank and the automaker announced their new long-term partnership agreement in a Monday (Oct. 14) press release. "As a leading and experienced player in the U.S. partner card market with a winning formula for growing partner programs, we ...