{"id":57531,"date":"2024-07-23T12:07:36","date_gmt":"2024-07-23T12:07:36","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/07\/23\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/"},"modified":"2024-07-23T12:07:36","modified_gmt":"2024-07-23T12:07:36","slug":"ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/","title":{"rendered":"Ollie\u2019s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card"},"content":{"rendered":"<div>\n<p><em>~ Credit Card Program to Provide Rewards and Benefits for Purchases Made at Ollie\u2019s and Wherever Visa is Accepted ~<\/em><\/p>\n<p align=\"justify\">HARRISBURG, Pa., July  23, 2024  (GLOBE NEWSWIRE) &#8212; Ollie\u2019s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the \u201cCompany\u201d) today announced that it has partnered with Sunbit, a leading financial technology company, to launch a co-branded Visa\u00ae credit card.<\/p>\n<p align=\"justify\">\u201cWe are excited to launch our first-ever credit card to our customers. Our card makes it easier for customers to shop with us, earn even more rewards, and receive exclusive benefits,\u201d said Eric van der Valk, President of Ollie\u2019s. \u201cThis program builds on our industry leading Ollie\u2019s Army loyalty program, offering greater flexibility to our customers and enhancing loyalty with our members.\u201d<\/p>\n<p align=\"justify\">Ollie\u2019s cardholders earn points for purchases at Ollie\u2019s and everywhere else Visa\u00ae is accepted and receive access to exclusive offers and events. Key features of the Ollie\u2019s Credit Card include:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:6pt; text-align:justify;\">$10 statement credit for signing up for the card.<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">Automatic enrollment into Ollie\u2019s Army Loyalty program for non-members<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">One additional Ollie\u2019s Army point for every $2 spent at Ollie\u2019s<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">One Ollie\u2019s Army point for every $2 spent everywhere else Visa is accepted<\/li>\n<\/ul>\n<p>\u201cSunbit is committed to building products that make access to credit more equitable, transparent, and customer-focused, and we partnered with Ollie\u2019s because of their true commitment to their customers,\u201d said Arad Levertov, CEO of Sunbit. \u201cOllie\u2019s customers will benefit from access to a co-branded card that is a magnitude better than anything like it, enhancing the shopping experience and fostering brand loyalty.\u201d<\/p>\n<p>Among the fastest-growing companies in America year over year, Sunbit\u2019s products have empowered millions of loan customers to pay for life\u2019s expenses without fees and are offered by tens of thousands of merchants across the United States. <br \/>Ollie\u2019s chose Sunbit\u2019s credit card platform for its:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:6pt; text-align:justify;\">Customer-centric approach: Customers are never charged fees, and the card features industry-high approval rates \u2014 making it the perfect match for Ollie\u2019s customer needs.<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">Brand Loyalty: The credit card helps increase Ollie\u2019s brand presence in customers\u2019 wallets, fostering long-term loyalty. Ollie\u2019s loyalty program members earn additional points whenever they use their Ollie\u2019s card anywhere.<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">Innovative Approval Technology: Sunbit\u2019s cutting-edge technology enables bank partners to approve a broader range of customers for the Ollie\u2019s Credit Card.<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">Rapid Implementation: Sunbit plans to bring the credit card program to market within months, much faster than industry standards, with no technology integration required from Ollie\u2019s.<\/li>\n<li style=\"margin-top:6pt; text-align:justify;\">Comprehensive Support: Co-branded Card support includes marketing, employee training programs, call center operations, and incentives.<\/li>\n<\/ul>\n<p>Blank Rome advised Ollie\u2019s on this agreement.<\/p>\n<p><strong>About Ollie\u2019s<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p align=\"justify\">We are America\u2019s largest retailer of closeout merchandise and excess inventory, offering Real Brands and Real Bargain prices\u00ae! We offer extreme value on brand name products in a variety of departments, including housewares, food, books and stationery, bed and bath, floor coverings, toys, health and beauty aids, and more. We currently operate 522 stores in 31 states and growing! For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gX-qW_9gER0OjUxxPkDngrK4l8ZxR8EOUb5hhjss6Q0t-Wdax1w3RNTzjHCqFgXr-0IJbtQfT7_jQab3HM4GmQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">http:\/\/www.ollies.us<\/a><\/p>\n<p><strong>About Sunbit<\/strong><br \/>Sunbit builds financial technology for real life. Our financial technology products have helped millions of people ease the stress of paying for life\u2019s expenses by giving them more options on how and when they pay. Sunbit\u2019s technology powers no-fee credit cards and a BNPL solution found in more than 50% of all auto service centers and is the second largest dental patient financing solution. Sunbit is a two-time Inc. 5000 honoree on both the national and regional level and a 2-time Deloitte Technology Fast 500 company. The financial technology company has also secured top placements for growth in places as varied as LABJ Fastest Growing Private Companies, Forbes Fintech 50, and Financial Times Fastest Growing in Americas. Loans are made by Transportation Alliance Bank, Inc., dba TAB Bank, which determines qualifications for and terms of credit. The Sunbit Card is issued by TAB Bank, pursuant to a license from Visa U.S.A Inc. Use of the card is subject to the cardholder agreement.<\/p>\n<p><strong>Investor Contact: <\/strong><br \/>John Rouleau<br \/>ICR<br \/>John.Rouleau@icrinc.com<\/p>\n<p><strong>Media Contact:<\/strong><br \/>Tom Kuypers<br \/>Senior Vice President \u2013 Marketing &amp; Advertising<br \/>717-657-2300 <br \/>tkuypers@ollies.us<\/p>\n<p><strong>Sunbit Contact:<\/strong><br \/>Meaghan Shields<br \/>meaghan.shields@sunbit.com<br \/>617-529-6357<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YjhhNDQ4MzQtOGU5Ni00MTE1LWFmNjItNjk0YTMxYmJkZTEyLTEwMzAzODE=\/tiny\/Ollie-s-Bargain-Outlet-Holding.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>~ Credit Card Program to Provide Rewards and Benefits for Purchases Made at Ollie\u2019s and Wherever Visa is Accepted ~ HARRISBURG, Pa., July 23, 2024 (GLOBE NEWSWIRE) &#8212; Ollie\u2019s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the \u201cCompany\u201d) today announced that it has partnered with Sunbit, a leading financial technology company, to launch a co-branded Visa\u00ae [&#8230;]\n","protected":false},"author":1,"featured_media":57532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-57531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-people"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ollie\u2019s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ollie\u2019s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card\" \/>\n<meta property=\"og:description\" content=\"~ Credit Card Program to Provide Rewards and Benefits for Purchases Made at Ollie\u2019s and Wherever Visa is Accepted ~ HARRISBURG, Pa., July 23, 2024 (\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz and Live in Saigon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaigonbizGroup\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-23T12:07:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/english.saigonbiz.com\/vn\/wp-content\/uploads\/2024\/07\/Ollie-s-Bargain-Outlet-Holding.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#\/schema\/person\/267b348e6cf32a66aab33637c2d399a6\"},\"headline\":\"Ollie\u2019s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card\",\"datePublished\":\"2024-07-23T12:07:36+00:00\",\"dateModified\":\"2024-07-23T12:07:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\"},\"wordCount\":714,\"publisher\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#organization\"},\"articleSection\":[\"People\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\",\"url\":\"https:\/\/english.saigonbiz.com\/vn\/ollies-partners-with-sunbit-to-offer-a-new-co-branded-visa-credit-card\/\",\"name\":\"Ollie\u2019s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card - 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