Barclays and RCI Renew Long-Standing Credit Card Agreement
RCI, a global travel network with 3.5 million members, and Barclays US Consumer Bank have renewed their co-branded credit card partnership that began in 2012. Under the new agreement, Barclays will remain the exclusive issuer of the RCI Elite Rewards World Mastercard. This renewal follows the recent launch of the Capital Vacations World Mastercard, also developed with RCI. Both cards offer exclusive benefits and rewards for cardmembers. RCI, part of Travel + Leisure Co. (NYSE:TNL), provides access to over 4,000 affiliated resorts in approximately 100 countries.
RCI, una rete di viaggio globale con 3,5 milioni di membri, e Barclays US Consumer Bank hanno rinnovato la loro partnership per la carta di credito co-branded iniziata nel 2012. In base al nuovo accordo, Barclays rimarrà l'emittente esclusivo della RCI Elite Rewards World Mastercard. Questo rinnovo segue il recente lancio della Capital Vacations World Mastercard, sviluppata anch'essa con RCI. Entrambe le carte offrono vantaggi e premi esclusivi per i membri. RCI, parte di Travel + Leisure Co. (NYSE:TNL), offre accesso a oltre 4.000 resort affiliati in circa 100 paesi.
RCI, una red de viajes global con 3,5 millones de miembros, y Barclays US Consumer Bank han renovado su asociación de tarjeta de crédito co-marcada que comenzó en 2012. Bajo el nuevo acuerdo, Barclays seguirá siendo el emisor exclusivo de la RCI Elite Rewards World Mastercard. Esta renovación sigue al reciente lanzamiento de la Capital Vacations World Mastercard, también desarrollada con RCI. Ambas tarjetas ofrecen beneficios y recompensas exclusivos para los titulares de la tarjeta. RCI, que forma parte de Travel + Leisure Co. (NYSE:TNL), ofrece acceso a más de 4,000 complejos afiliados en aproximadamente 100 países.
RCI, 350만 회원을 가진 글로벌 여행 네트워크와 Barclays US Consumer Bank가 2012년에 시작한 공동 브랜드 신용 카드 파트너십을 갱신했습니다. 새로운 계약에 따라 Barclays는 RCI Elite Rewards World Mastercard의 독점 발행자가 됩니다. 이번 갱신은 RCI와 함께 개발된 Capital Vacations World Mastercard의 최근 출시를 따릅니다. 두 카드 모두 카드 회원을 위한 독점 혜택과 보상을 제공합니다. RCI는 Travel + Leisure Co. (NYSE:TNL)의 일부로, 약 100개국에 있는 4,000개 이상의 제휴 리조트에 대한 액세스를 제공합니다.
RCI, un réseau de voyages mondial comptant 3,5 millions de membres, et Barclays US Consumer Bank ont renouvelé leur partenariat pour la carte de crédit co-marquée qui a débuté en 2012. En vertu du nouvel accord, Barclays restera l'émetteur exclusif de la RCI Elite Rewards World Mastercard. Ce renouvellement fait suite au lancement récent de la Capital Vacations World Mastercard, également développée avec RCI. Les deux cartes offrent des avantages et des récompenses exclusifs pour les titulaires de carte. RCI, qui fait partie de Travel + Leisure Co. (NYSE:TNL), offre un accès à plus de 4 000 complexes affiliés dans environ 100 pays.
RCI, ein globales Reise-Netzwerk mit 3,5 Millionen Mitgliedern, und Barclays US Consumer Bank haben ihre Partnerschaft für die Co-Branding-Kreditkarte, die 2012 begann, erneuert. Nach der neuen Vereinbarung bleibt Barclays der exklusive Emittent der RCI Elite Rewards World Mastercard. Diese Erneuerung folgt dem kürzlichen Start der Capital Vacations World Mastercard, die ebenfalls mit RCI entwickelt wurde. Beide Karten bieten exklusive Vorteile und Belohnungen für die Karteninhaber. RCI, Teil von Travel + Leisure Co. (NYSE:TNL), bietet Zugang zu über 4.000 angeschlossenen Resorts in etwa 100 Ländern.
- Long-term partnership renewal maintains stable revenue stream
- Exclusive issuer status for Barclays strengthens market position
- Recent expansion with new Capital Vacations card shows growth
- None.
Insights
The renewal of the RCI-Barclays credit card partnership represents business continuity rather than a significant financial catalyst for Travel + Leisure Co. (TNL). While co-branded credit cards generate steady fee income through interchange fees and program revenue sharing, this extension maintains existing revenue streams without introducing material growth drivers. The partnership's value lies in customer retention and incremental revenue from cardmember spending, but the impact on TNL's
The partnership's integration with RCI's 3.5 million members and 4,000 affiliated resorts network provides cross-selling opportunities and helps lock in customer loyalty. However, without disclosed financial terms or performance metrics, the partnership's direct contribution to TNL's bottom line remains unclear. This renewal is more about maintaining operational stability than driving significant shareholder value.
Partners since 2012, RCI® and Barclays US Consumer Bank extend co-branded credit card program in long-term agreement
Under the newly signed agreement, Barclays will continue to be the exclusive issuer of the RCI® Elite Rewards® World Mastercard®. This renewal builds on the recent launch of the Capital Vacations® World Mastercard®, developed in partnership with RCI. Both cards offer exclusive benefits and rewards for RCI and Capital Vacations cardmembers, respectively.
“This long-term contract extension with RCI reflects the power of our collaborative partnership that dates back to 2012,” said Doug Villone, Head of Cards and Partnerships, Barclays US Consumer Bank. “For over a decade, we’ve delivered value and increased loyalty and customer engagement for RCI by making it simpler for cardmembers to earn rewards for their travel and vacation experiences.”
“We are always looking for ways to enhance the service we provide to RCI members,” said Juan Ignacio Rodriguez, managing director at RCI. “Our extended partnership with Barclays means that our cardmembers will continue to enjoy exceptional benefits and superior value, while earning rewards for travel and everyday purchases.”
To apply or learn more about the RCI® Elite Rewards® World Mastercard® and Capital Vacations® World Mastercard®, visit Barclaycardus.com.
About RCI
RCI® is the new shape of travel™. As the worldwide leader in membership travel services to the vacation ownership industry, the company offers the industry’s leading vacation exchange platform to its 3.5 million members around the world, providing access to more than 4,000 affiliated resorts in approximately 100 countries. RCI Travel offers enhanced travel services allowing its members to flexibly travel year-round. RCI is a part of the family of travel brands at Travel + Leisure Co. (NYSE:TNL). For additional information visit https://rci.com.
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241119446668/en/
Tricia Schafer-Petrecz | VP, External Comms & Media Relations | Corporate Communications
302-255-7167 | tricia.schaferpetrecz@barclays.com
Source: Barclays
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