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The card was launched to complement the existing John Lewis and Waitrose account cards. [42] It was announced in May 2022 that the white-label agreement with HSBC would end later that year, with new and existing Partnership Card accounts migrated to a reshaped service run by British financial services company NewDay .
HSBC was the third-largest issuer of private label credit cards in the United States, including cards for more than 70 active merchant relationships, including Best Buy, GM, Yamaha, Kawasaki, Neiman Marcus, Polaris and Saks Fifth Avenue. Most of its card portfolio was sold to Capital One in 2011.
The credit card follows on from, and supersedes, the John Lewis (and Waitrose) account cards which have been around for 40 years. These cards are no longer available, and holders of these are being encouraged to replace them with the Partnership card. They can, however, still be used, and some cards from the mid-1970s are still in use.
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HFC Bank provides retail credit to many leading national retailers and is the largest point of sale loan provider in the UK. The business focuses on retail finance through branches and direct channels, and co-branded and loyalty credit cards. Some of the key brands are the recently relaunched Beneficial Finance (with around 160 branches) and ...
Credit card protection insurance is separate from other protections that may automatically come with your credit card. You have to apply for it and the cost will depend on how much you spend on ...