GreatWater Customers will Gain Access to
Affordable Payments through Synchrony's Promotional Finance
Options
GRAND
RAPIDS, Mich. and STAMFORD,
Conn., Nov. 1, 2023 /PRNewswire/
-- Synchrony (NYSE: SYF), a premier consumer financial
services company, today announced a new partnership with
GreatWater 360 Auto Care to provide customers multiple customized
financing options to help pay for maintenance and repairs of their
vehicles. Through this partnership, GreatWater 360 Auto
Care joins the Synchrony Car Care network, enabling
GreatWater customers to use its private label credit card at all
GreatWater locations in the U.S. as well as the more than one
million gas stations and auto parts and service businesses
nationwide.
As part of Synchrony's Car Care network, GreatWater cardholders
will benefit from a full suite of features and benefits that
includes:
- A dedicated payment option for both planned and unexpected
automotive costs, including tires and wheels, parts and accessories
and larger maintenance and repairs
- The ability to use their credit card for related transportation
expenses, including gas, EV charging, parking, car washes and
detailing, rideshares and taxis, car rentals, tolls, insurance, and
more
- Six months promotional financing on purchases of $199 or more every day, as well as exclusive
cardholder discounts
- No annual fee and $0 fraud liability
- Convenient monthly payments
Thanks to Synchrony's prequalification process, GreatWater
customers can now determine their credit eligibility and credit
limits within seconds, with no impact on their credit scores.
Synchrony's digital application process, available both on-line and
in GreatWater locations, empowers consumers to securely apply for
credit via their mobile devices and gain instant access to credit
upon approval.
"Our collaboration with Synchrony will help us reach a broader
set of customers," said Jim Dykstra,
CEO of GreatWater 360 Auto Care. "With the ability to use the new
GreatWater credit card for routine maintenance, emergency service
needs and numerous other auto expenses, we're empowering our
customers to take control of their vehicle maintenance like never
before – all on a budget."
"With this partnership, GreatWater is making financing more
accessible to their customers," said Keith
Mait, SVP and Auto Leader, Synchrony. "Our partnership not
only offers their customers the ability to finance services at
their shops, but it also gives them the security of knowing they
can pay for a wide range of other car care related expenses at over
one million locations across the country."
About GreatWater 360 Auto Care
With beginnings as a
small group of local auto repair shops in Hudsonville, MI, GreatWater 360 Auto Care is
expanding throughout the Midwest with locations in Michigan, Indiana, Illinois, Wisconsin, Ohio, Kentucky, Iowa and Texas. Their guiding purpose is to help keep
their customers on the road through quality service, honesty,
integrity, and fair pricing. Each shop is locally managed with
certified technicians that live in the communities they service. To
learn more about GreatWater 360 Auto Care,
visit www.greatwater360autocare.com.
About Synchrony
Synchrony (NYSE: SYF) is a
premier consumer financial services company delivering one of the
industry's most complete digitally enabled product suites. Our
experience, expertise and scale encompass a broad spectrum of
industries including digital, health and wellness, retail,
telecommunications, home, auto, outdoor, pet and more. We have an
established and diverse group of national and regional retailers,
local merchants, manufacturers, buying groups, industry
associations and healthcare service providers, which we refer to as
our "partners." We connect our partners and consumers through
our dynamic financial ecosystem and provide them with a diverse set
of financing solutions and innovative digital capabilities to
address their specific needs and deliver seamless, omnichannel
experiences. We offer the right financing products to customers in
their channel of choice. For more information,
visit www.synchrony.com.
Media Contact:
Lauren
Devilbiss
Synchrony
lauren.devilbiss@syf.com
240-814-5825
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SOURCE Synchrony