What is a PLCC credit card?

What is a PLCC credit card?

A PLCC (private label credit card) is a type of credit card managed by a bank or commercial finance company that is issued by or for a special retailer. In simple terms, it’s a store-branded credit card that usually gives the customer some type of benefit.

What is Amazon PLCC card?

SYNCB/Amazon PLCC stands for “Synchrony Bank/Amazon Private Label Credit Card.” Amazon (the tech company and online retailer) provides two types of Amazon credit cards, which they offer in collaboration with two different credit card issuers.

Who is Best Buy credit card through?

Citibank
The Best Buy (BBY) credit card is issued by Citibank (C). The card is designed to encourage spending for products offered by Best Buy in stores and online. It offers 5% back in rewards for regular Best Buy members and 6% back in rewards for Elite Plus members or 12-month financing on purchases of $399 and up.

Is Best Buy credit card through Chase?

The My Best Buy Credit store card is issued by Citibank and can be used online or in store at Best Buy and its subsidiaries and gets 5%–6% rewards at Best Buy.

What is the difference between a private label credit card and a general purpose card?

Private label cards often exhibit different traits than general purpose cards in that private label cards normally have lower credit limits, higher interest rates, higher credit risk profiles, and limited use (for example, limited to a particular merchant). There is risk of the retail partner failing.

How do private label cards work?

Private label cards, also known as store cards, are credit cards you use at a specific retailer. You can use some private label cards to earn rewards and discounts. If you make a purchase with promotional deferred interest, be sure to pay the entire balance before the promo period is over.

What bank does Best Buy use for financing?

Best Buy offers two credit cards through Citibank. Each has deferred interest financing for six to 24 months. Eligibility is contingent on the purchase amount and items or services being purchased. Can be used only for Best Buy purchases.

Is Best Buy credit card only for Best Buy?

Key Takeaways. The My Best Buy store credit card can only be used at Best Buy stores and websites, offering cardholders incentives like 5% cash back and zero-interest financing on purchases. Like many other store credit programs, the card cannot be used to make purchases elsewhere, such as on Amazon.

What are the two types of credit card labels?

A private label credit card is a store-branded credit card that is intended for use at a specific store. A private label credit card is a type of revolving credit plan managed by a bank or commercial finance company for either retail or wholesale manufacturers, such as department and specialty stores.

How do I remove JPMCB from my credit report?

You can get JPMCB Card off your credit report by sending a dispute letter to the credit bureaus and/or JPMorgan Chase or by working with a credit repair company. If you think that JPMCB Card has appeared on your credit report because your identity has been stolen, file a report with the Federal Trade Commission.