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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC -insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary. [4] [8]
Consumers were issued new Belk credit cards replacing the old ones issued by BNB. All new Belk cards are now issued by GE MoneyBank, now known as Synchrony Bank.
Currently, Crate and Barrel’s credit services are managed through Comenity Bank online, as of November 17, 2021. Synchrony-backed credit cards were released later in 2018.
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A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world. [2]
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