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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]
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Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%). [3][4]
As a Sam's Club member, you can stock up on all your household essentials — toilet paper, coffee, dog food, cereal — at wholesale prices.
Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. As of March 2020, it had more than 770 [3] branches in 17 different states. [4] Woodforest National Bank is Walmart 's largest retail partner, and also provides financial services for Sam's Club members. The bank also has a branch inside the main location of Houston's Gallery Furniture.
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After Capital One generated $8.5 billion in credit card balances from Walmart customers, the bank squandered an exclusive deal, opening up a competition for the valuable market.