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Private Label Credit Cards are a type of credit card that is issued by a retailer or other business, rather than a bank or credit card company. These cards are typically used to purchase goods and services from the issuer, and may offer rewards or discounts for purchases made with the card. Private Label Credit Cards may also offer additional benefits such as extended warranties, purchase protection, and travel insurance.
Private Label Credit Cards are typically issued with lower credit limits than traditional credit cards, and may have higher interest rates. They may also have fewer features than traditional credit cards, such as no cash back or rewards programs.
Private Label Credit Cards are becoming increasingly popular, as they offer customers the convenience of shopping with a single card, while also providing the issuer with a way to increase sales and loyalty.
Some companies in the Private Label Credit Cards market include Amazon, Walmart, Target, Best Buy, and Home Depot. Show Less Read more