Daily News
From Home Furnishing Business
Overstock Announces Partnership with Citi Retail Services
February 7,
2023 by HFBusiness Staff in Business Strategy, Industry 
Overstock, online furniture and home furnishings retailer, announced a partnership with Citi Retail Services, one of North America’s largest retail credit solution providers, to offer customers digital-first benefits and rewards through a co-branded Overstock Mastercard®.
Customers who apply and are approved for the new Overstock Mastercard can earn Club O rewards on Overstock.com, apparel and department store purchases, gas purchases, and other qualifying purchases.
Additionally, the new Overstock Mastercard comes with these features; No annual fee; Special financing up to 60 months on qualifying purchases; Complimentary membership to Overstock’s rewards program, Club O (a $19.95/year value). Club O membership provides access to extra rewards, free returns, price match guarantee, double rewards for reviews, and more. Click here to learn more about Club O; Can be used anywhere Mastercard is accepted; and Security features, including real-time purchase notifications and account alerts.
“As a customer-focused online retailer, we’re always exploring new ways to better provide smart value,” said Jonathan Johnson, CEO of Overstock.
“This partnership with Citi Retail Services advances our vision of ‘Making Dream Homes Come True’ by delivering extra savings through special finance offerings, Club O rewards on all purchases, and an easy and enjoyable shopping experience.”
“This credit card rewards Club O members – our most loyal customers – with exciting new benefits that we expect will encourage even greater loyalty to Overstock.”
“Our new partnership with Overstock and Mastercard reinforces our strategy to continue to add digital-first retailers to our Citi Retail Services portfolio,” said Kartik Mani, head of Citi Retail Services.
“With this partnership, we can provide exciting rewards for digitally savvy and active Overstock customers who are looking to be rewarded for their loyalty. We’re thrilled to be able to maximize the value of their purchases, while offering a seamless checkout and rewards experience.”
“Mastercard is proud to partner with Citi Retail Services and Overstock to provide consumers a payment product that delivers on their everyday shopping needs with innovative technology and security,” said Linda Kirkpatrick, president of North America at Mastercard.
“With the Overstock Mastercard, we are excited to fuel cardholders’ passion for home décor and add value to every transaction with Mastercard benefits and services.”
To learn more about the new Overstock Mastercard, please visit: Overstock.com/creditcard.