Citi and AT&T Renew Long-Standing Credit Card Collaboration

Rhea-AI Summary

Citi and AT&T have announced a multi-year renewal of their consumer co-brand credit card partnership in the U.S. This agreement will enhance customer engagement by continuing to offer innovative products like the AT&T Access Card. The card provides rewards such as 2X ThankYou Points on eligible purchases. Citi, a leading global bank with around 200 million customer accounts, aims to deepen its collaboration with AT&T, benefiting a digitally engaged consumer base.

Positive

• Multi-year renewal of the co-brand credit card partnership with AT&T enhances customer engagement.
• Continued offering of the AT&T Access Card with competitive rewards, including 2X ThankYou Points.

Negative

• None.

Citi and AT&T today announced a multi-year renewal to extend their consumer co-brand credit card portfolio in the U.S. The agreement will continue to provide innovative credit card products, such as the AT&T Access Card, to drive enhanced customer engagement and loyalty and explore additional consumer offerings.

"We have a long history of working closely with Citi to provide innovative credit programs," said Scott Frank, Vice President, Intellectual Property, AT&T. "We look forward to the value this renewal will bring for our customers across the U.S. in rewarding them for their everyday purchases and further fostering long-term loyalty.”

“We are delighted to announce a multi-year extension of our nearly 25-year co-brand credit card relationship with AT&T,” said Pam Habner, Head of U.S. Branded Cards and Lending, Citi. “We look forward to continuing to work together to deepen and expand the partnership to deliver meaningful benefits and value to a digitally engaged consumer base.”

With the AT&T Access Card, cardholders can continue to access rewards including 2X ThankYou Points per $1 spent on eligible retail and travel purchases and 2X ThankYou Points on products and services purchased directly from AT&T. In addition, cardmembers can continue to redeem their ThankYou Points for almost anything — gift cards, travel rewards, electronics and much more.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

About AT&T Communications

We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we @ATT innovate to improve lives.

AT&T Communications is part of AT&T Inc. (NYSE: T). For more information, please visit us at att.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210604005080/en/

FAQ

What is the significance of the Citi and AT&T credit card partnership renewal?

The renewal extends a successful collaboration to enhance customer engagement and offer innovative credit products.

What rewards does the AT&T Access Card provide?

Cardholders earn 2X ThankYou Points on eligible retail and travel purchases, plus on AT&T products and services.

How long is the Citi and AT&T credit card agreement renewed for?

The renewal is a multi-year agreement, but the exact duration has not been specified.

What company is involved in the credit card partnership with AT&T?

Citi is the company partnering with AT&T in this co-brand credit card initiative.

How does this partnership benefit AT&T customers?

It provides customers with enhanced rewards and loyalty programs through the AT&T Access Card.