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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Target Corp | NYSE:TGT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.38 | 0.24% | 158.50 | 160.31 | 157.81 | 159.00 | 3,802,183 | 00:22:58 |
From May 2022 to May 2024
By Glenn Johnson
TD Bank NA said Wednesday it has reached an eight-year contract extension with Target Corp. to continue as the exclusive issuer of the retailer's co-branded and private label consumer credit cards.
TD first acquired Target's U.S. credit-card portfolio in 2013 and is expected to carry on in that role until 2030, the companies said Wednesday.
The extension comes after Target and TD Bank earlier this year expanded Target's in-house credit card, the RedCard Mastercard, to originate co-branded cards. In addition to offering 5% savings at Target, the co-branded cards offer discounts on eligible dining, gas and other purchases.
TD Bank, a subsidiary of Toronto-Dominion Bank, is one of the ten largest U.S. banks, with nearly 10 million customers.
Write to Glenn Johnson at glenn.johnson@wsj.com
(END) Dow Jones Newswires
September 21, 2022 10:15 ET (14:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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