Synchrony (NYSE: SYF), the Stamford-based consumer financial services company, has unveiled its Synchrony Outdoors Credit Card, which is being made available to more than 5,000 U.S. powersports dealers.
According to the company, the new card”™s features include six months promotional financing on purchases of $199 or more, no annual fee and multiple promotional options to meet all types of budgets including With Payments, Deferred Interest (WPDI) and Fix Pay options. The new card is issued and serviced by Synchrony Bank.
“Thanks in part to the growing popularity of all-terrain vehicles, interest in powersports has never been stronger. But as sales grow, dealers have struggled to find a financing option to support customer purchases of key aftermarket items,” said Darrell Owens, senior vice president, Synchrony. “As a partner in the outdoor industry for more than two decades, we are excited to offer these dealers a financing program dedicated to powersports customers and the products and services that fuel their outdoor lifestyles. This new card enables us to better integrate with our growing list of dealer partners and to provide them with a holistic way to expand their sales of a wide variety of outdoor products and services.”
