Virgin Red, Synchrony, Mastercard Announce New Partnership To Launch U.S. Credit Card Program

Author: Benzinga Newsdesk | May 22, 2024 08:11am

First-ever Virgin Red Rewards credit card will offer consumers the opportunity to boost their Virgin Points balance with Virgin companies, among other perks and rewards from across the Virgin Group

NEW YORK and PURCHASE, N.Y. and STAMFORD, Conn., May 22, 2024 /PRNewswire/ -- Virgin Red today announced it has entered into a multi-year agreement with Synchrony (NYSE:SYF) and Mastercard for the new Virgin Red Rewards World Elite Mastercard credit card program. Synchrony will become the exclusive U.S. issuer of a multi-category travel credit card program for Virgin Red. As part of the partnership, Mastercard will become the exclusive payments network for the new card that will launch in the second half of 2024.

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