Showcases Overstock&CloseCurlyQuotes dedication to produce clever price to its consumers and presents present and new Club O associates an chance to receive rewards in new and far better means
SALT LAKE Town, Feb. 07, 2023 (World NEWSWIRE) — Overstock (NASDAQ: OSTK), a primary on the internet household furniture and household furnishings retailer, announced a new partnership right now with Citi Retail Products and services, a person of North The us&CloseCurlyQuotes greatest and most expert retail credit history alternative vendors, to supply buyers electronic-initially rewards and benefits by way of a co-branded Overstock Mastercard&circledR.
Beginning currently, customers who utilize and are approved for the new Overstock Mastercard can gain:
- 5% back in Club O rewards on Overstock.com
- 3% back again in Club O rewards on clothing and section retail store buys
- 2% back again in Club O benefits on fuel buys
- 1% again in Club O rewards on all other qualifying buys1
On top of that, the new Overstock Mastercard arrives with thrilling new attributes:
- No yearly fee.2
- Distinctive funding up to 60 months on qualifying buys.
- Complimentary membership to Overstock&CloseCurlyQuotes rewards software, Club O (a $19.95/yr price). Club O membership presents obtain to extra rewards, free of charge returns, cost match promise, double benefits for testimonials, and much more. Simply click below to learn additional about Club O.
- Can be applied any where Mastercard is approved.
- Safety capabilities, together with true-time obtain notifications and account alerts.
“As a purchaser-focused on the internet retailer, we&CloseCurlyQuotere usually discovering new strategies to superior present clever benefit,&CloseCurlyDoubleQuote claimed Jonathan Johnson, CEO of Overstock. “This partnership with Citi Retail Services developments our eyesight of ‘Making Desire Homes Occur True&CloseCurlyQuote by delivering additional price savings via distinctive finance choices, Club O rewards on all purchases, and an uncomplicated and pleasurable procuring working experience. This credit history card rewards Club O members – our most loyal clients – with enjoyable new positive aspects that we assume will really encourage even increased loyalty to Overstock.&CloseCurlyDoubleQuote
“Our new partnership with Overstock and Mastercard reinforces our method to continue on to include electronic-initially suppliers to our Citi Retail Products and services portfolio,&CloseCurlyDoubleQuote explained Kartik Mani, Head of Citi Retail Companies. “With this partnership, we can supply interesting rewards for digitally savvy and lively Overstock consumers who are wanting to be rewarded for their loyalty. We&CloseCurlyQuotere thrilled to be capable to improve the benefit of their purchases, when offering a seamless checkout and rewards knowledge.&CloseCurlyDoubleQuote
“Mastercard is proud to husband or wife with Citi Retail Companies and Overstock to deliver people a payment product that provides on their daily purchasing requirements with impressive technologies and stability,&CloseCurlyDoubleQuote said Linda Kirkpatrick, President of North The us at Mastercard. “With the Overstock Mastercard, we are enthusiastic to fuel cardholders&CloseCurlyQuote passion for home décor and include value to each and every transaction with Mastercard positive aspects and services.&CloseCurlyDoubleQuote
To understand additional about the new Overstock Mastercard, you should stop by: Overstock.com/creditcard.
Overstock.com, Inc. (NASDAQ:OSTK) is an on-line furnishings and house furnishings retailer and know-how-focused innovator primarily based in Salt Lake City, Utah. Its leading e-commerce internet site sells a wide assortment of new residence products at reduced costs, like furnishings, décor, space rugs, bedding and tub, property improvement, and a lot more. The on line procuring web page options millions of merchandise that tens of millions of shoppers visit each month. Overstock regularly posts details about the Enterprise and other linked matters on the Newsroom and Investor Relations internet pages on its website, Overstock.com.
O, Overstock.com, O.com, and Club O are registered logos of Overstock.com, Inc. Overstock and Producing Aspiration Houses Come Correct are logos of Overstock.com, Inc. Other service marks, trademarks and trade names which may well be referred to herein are the property of their respective house owners.
Cautionary Observe Concerning Ahead-Looking Statements
This press release contains sure forward-seeking statements within just the meaning of Segment 27A of the Securities Act of 1933 and Section 21E of the Securities Trade Act of 1934. These kinds of ahead-looking statements involve all statements other than statements of historical truth, like but not minimal to statements pertaining to the partnership with Citi Retail Solutions and anticipated will increase in shopper paying. Supplemental information and facts about aspects that could materially have an impact on results and the precision of the forward-seeking statements contained herein could be observed in the Company’s Yearly Report on Variety 10-K for the fiscal calendar year ended December 31, 2021, which was submitted with the SEC on February 25, 2022, our Type 10-Q for the quarter ended March 31, 2022, which was submitted with the SEC on Could 4, 2022, our Kind 10-Q for the quarter ended June 30, 2022, which was submitted with the SEC on August 2, 2022, our Type 10-Q for the quarter ended September 30, 2022 which was submitted with the SEC on November 1, 2022, and in our subsequent filings with the SEC.
Citi is a preeminent banking companion for establishments with cross-border wants, a world wide chief in wealth administration and a valued personal lender in its property sector of the United States. Citi does business enterprise in practically 160 countries and jurisdictions, supplying businesses, governments, traders, institutions and individuals with a wide range of fiscal products and products and services.
Extra data may well be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog site: http://site.citigroup.com | Fb: www.facebook.com/citi | LinkedIn: www.linkedin.com/enterprise/citi
1 Phrases and Disorders utilize. See Overstock.com/creditcard for information.
2 As of December 20, 2022, the APR for purchases is 31.24%, and the APR for balance transfers is 31.24% if done in 4 months from date of account opening. These APRs will fluctuate with the market primarily based on Key Rate. The APR for hard cash advances is 29.99%. The Minimum amount Desire Charge is $2. The dollars progress payment is 5% of each individual transaction minimum amount $10. The stability transfer rate is 5% of just about every transaction, minimal $10, and the transaction rate for foreign purchases is 3% of each and every purchase transaction in U.S. pounds. Pay a visit to Overstock.com/creditcard for card information and relevant terms and conditions.
A photograph accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/56029a06-e7c9-4bdb-a65f-e5d6530e4f69