US-based TD Bank has announced an extension to its credit card program agreement with department store firm Nordstrom.
In a statement, TD assured Nordstrom customers that they will continue to receive “exceptional card products”.
David Swift, Head of Credit Card Partnership Programs at TD Bank, said: “Our teams have built an outstanding working relationship over the past seven years.
“We partner with Nordstrom at every level, collaborating closely with leadership while providing tailored support for store teams. We have navigated an unprecedented retail environment together, and we are excited to continue our work driving strong customer engagement.”
TD Bank acquired Nordstrom’s credit card portfolio back in 2015, with the bank becoming the exclusive issuer of Nordstrom’s US Visa and private-label consumer credit cards. Both companies expressed mutual agreement to carry this joint venture further into the future.
Dennis Bauer, President of Payments and Credit at Nordstrom, added: “Through the Nordstrom card program, we deliver the elevated experiences that our customers have come to expect.
“Our cardholders enjoy more rewards, exclusive perks and early access to our highly anticipated Anniversary Sale. TD shares our dedication to meeting customers’ evolving needs, and we value their partnership as we continually innovate our offerings and enhance our capabilities.”