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New Sun Country Airlines Credit Card from Synchrony Rewards Travelers Every Time They Fly

1. SNCY launches a new credit card program with Synchrony. 2. New cardmembers can earn 25,000 points for $1,000 spent in 90 days. 3. Cardholders earn up to 5X points on Sun Country purchases. 4. New benefits include discounts on checked bags and in-flight services. 5. Plus Status enhances customer loyalty through additional rewards and perks.

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Why Bullish?

The introduction of a rewarding credit card can attract more customers to Sun Country, thereby potentially increasing flights and revenue. Past similar initiatives by airlines have shown positive revenue growth as customer loyalty programs encourage higher spending.

How important is it?

The article highlights a strategic partnership that could enhance SNCY's revenue streams as customer loyalty improves, making it relevant for investor assessments and strategic positioning.

Why Short Term?

The immediate rollout of the credit card program could lead to quick customer adoption and spending increases in the short term, resulting in a positive impact on sales and profits. Historically, new partnerships in travel sectors have promptly influenced stock performances.

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New "Plus Status" Offering Allows Travelers to Earn Additional Benefits for Flights and Everyday Purchases, /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financial services company, and Sun Country Airlines (NASDAQ: SNCY) today announced the launch of a new credit card program focused on rewarding leisure travelers for both flights and everyday purchases. New cardmembers can earn 25,000 points when they spend $1,000 in the first 90 days after opening a new account.* Synchrony and Sun Country Airlines today announced the launch of a new credit card program focused on rewarding leisure travelers for both flights and everyday purchases. The new Sun Country Visa Signature® credit card allows cardmembers to earn up to 5X Sun Country rewards points for every $1 spent on Sun Country purchases: 3x when they use their card, and 2x when they fly. Cardmembers also earn 2X rewards points for every $1 spent on gas station and grocery store purchases, and 1X rewards points on all other purchases.* In addition, cardmembers receive 50% off their first checked bag for themselves and travel companions on the same itinerary and 50% off Best and Standard seat selections for themselves and travel companions when purchasing pre-flight on suncountry.com or via the mobile app, plus a 10,000-point anniversary bonus if they spend $10,000 on their Sun Country Visa in a 12-month period based on the date of account opening. Travelers also receive a free premium drink in flight and a 25% discount on additional in-flight food and beverages when making their purchase using their Sun Country Visa.* "At Synchrony, we create products to meet travelers' needs, and this new card will offer Sun Country customers a seamless and rewarding customer experience," said Bart Schaller, EVP & CEO, Digital, Synchrony. "This new program and partnership underscores Synchrony's commitment to delivering exceptional value and further enhances our role across many industries, including travel. We are proud to help empower Sun Country travelers to enhance their journeys and open up new possibilities for exploration."Sun Country is also introducing Plus status to its Sun Country Rewards program to make travel even more rewarding. Plus members enjoy one additional point for every dollar spent on Sun Country purchases, no change or cancellation fees with complimentary Flexible Fares, and an upgraded day-of-travel experience with priority check-in, priority security (MSP departures only), and priority boarding (Zone 1) for themselves and their travel companions on the same itinerary. Members can qualify for Plus status by taking 10 flights in a calendar year or spending $10,000 annually on the Sun Country Visa."Sun Country offers our customers great value with low fares, more than 90 nonstop destinations, and a comfortable onboard experience," said Colton Snow, Senior Vice President and Chief Marketing Officer of Sun Country. "Our partnership with Synchrony allows us to enhance our value by offering a credit card for both air travel-related purchases and everyday spending. Together, we are focused on creating more rewarding travel experiences, fostering customer loyalty, and providing flexible financial solutions that meet the evolving needs of today's travelers."Existing Sun Country cardmembers have been converted to the new Synchrony-issued Sun Country Visa Signature credit card and new customers can apply through the Sun Country mobile app, or online through the Sun Country credit card landing page.About SynchronySynchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country's most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country's #2 Best Company to Work For® by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.About Sun Country AirlinesSun Country Airlines is a new breed of hybrid low-cost air carrier, whose mission is to connect guests to their favorite people and Br, to create lifelong memories and transformative experiences. Sun Country dynamically and synergistically deploys shared resources for our passenger service, including scheduled service and charter, and cargo service segments. Based in Minnesota, we focus on serving leisure and visiting friends and relatives ("VFR") passengers and charter customers and providing cargo service to Amazon, with flights throughout the United States and to destinations in Mexico, Central America, Canada, and the Caribbean. For photos, b-roll and additional company information, visit https://www.stories.suncountry.com/multimedia. Contacts:Lauren DevilbissSynchrony[email protected] Sun Country Media Relations[email protected]*Subject to credit approval. See Credit Rewards Terms for details:BONUS POINT OFFER: Limit one offer per accountholder. Eligible net purchases (purchases minus returns and adjustments) of $1,000 or more must be made within 90 days of opening a new account. To receive points, your Sun Country Visa Signature card must be successfully linked to your Sun Country Rewards Program account, and your credit card account must be open, in good standing and not delinquent. If earned, points will post to your Sun Country Rewards Program account within 1-2 billing cycles.REWARD POINTS: We do not evaluate whether merchants correctly identify and bill transactions; however, we do reserve the right to determine which transactions qualify.SOURCE Synchrony WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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